Recent events
Recent events tied to this brand in public sources.
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2021
Ontario court awards Cineplex $1.24 billion in damages against Cineworld
The Ontario Superior Court of Justice ruled in Cineplex's favor in its breach-of-contract lawsuit against Cineworld, awarded Cineplex $1.24 billion in damages, and denied Cineworld's counterclaim. Cineworld said it would appeal.
2021
Cineplex launches CineClub membership
Cineplex announced CineClub, a monthly membership that includes one movie ticket each month and discounts on additional tickets, concessions and selected entertainment offerings.
2021
Cineplex launches CineClub
Cineplex launched CineClub, a monthly theatrical membership program offering members one general-admission movie ticket each month and discounted additional tickets and purchases.
2020
Cineplex announces sale of Toronto head office
Cineplex said it is selling its Toronto head office building for $57 million and will lease the office back for up to a decade. The company said it is looking for cash to pay down its credit facilities; the sale was expected to close in January.
2020
Cineplex sues Cineworld over failed acquisition
Cineplex filed a lawsuit against Cineworld in Ontario Superior Court, seeking more than $2.18 billion in damages after Cineworld walked away from their acquisition deal. Cineplex alleges it complied with its obligations under the agreement and says it will vigorously defend against allegations to the contrary.
2020
Cineplex seeks injunction over Cinema City Northgate lease
Cineplex sought an injunction against the landlord of Cinema City Northgate, asking the court to bar the landlord from occupying the property and to require it to honour the sublease. Cineplex alleges the landlord moved to terminate the lease; the article reports allegations, not a court determination.
2020
Cineworld terminates planned Cineplex takeover
British-based Cineworld said it had terminated its takeover of Canadian cinema company Cineplex.
2019
Cineworld announces plan to acquire Cineplex
Cineplex announced that it would be acquired by U.K.-based Cineworld Group for a total transaction value of approximately $2.8 billion including debt. The transaction was expected to close during the first half of 2020.