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- In a new survey, 60 per cent of Canada’s independent movie theatre owners reported operating at a loss. Industry leaders are calling for funding and policy changes to help them compete with streaming services and big chains like Cineplex.
www.cbc.ca/news/entertainment/independent-theatres-in-crisis-1.7144390
Mar 13, 2024 · A new study from Canada's independent cinema owners says their industry is "in crisis" and many theatres need increased public funding to stay afloat.
Feb 3, 2023 · Canada's biggest theatre chain, Cineplex, lost millions during the pandemic. It saw an operating profit (EBITDA) of $106 million in the summer of 2019, before the pandemic. But in the summer of...
Jun 28, 2024 · Revue Cinema, Toronto's oldest-running movie theatre, is facing the threat of closure after lease negotiations faltered.
- Phoebe Knight
Aug 12, 2021 · Projectors began lighting up the big screens at many Cineplex Inc. movie theatres over the spring, but Canada's biggest cinema chain still faced another quarter of deep losses.
Jun 21, 2020 · Both Cineplex and Landmark Cinemas, Canada's two largest movie theatre chains, plan to partly reopen in British Columbia and Alberta on June 26, after being closed since mid-March. Their...
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Are Canadian movie theatres at risk of closing?
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How much money did Canadian movie theatres make in 2022?
Oct 10, 2023 · Canadian movie theatres raked in $1.5 billion in operating revenue in 2022, a 171 per cent increase from the first year of the pandemic in 2020. 2022 saw the return of audiences to theatres after...
