Cineplex box office revenues near pre-COVID levels ahead of Barbie, Oppenheimer

TORONTO –

Cineplex says field workplace revenues in June have been $56 million, amounting to 98 per cent of field workplace revenues from the same interval in 2019.

President and CEO Ellis Jacob says in a press launch that the second quarter marks the primary post-pandemic interval the place the trade noticed improved movie provide.

He says the corporate is assured because it awaits an thrilling schedule of releases for July, together with Barbie, Oppenheimer and the following Mission: Impossible movie.

The film theatre firm says mixed field workplace and theatre meals service revenues exceeded June 2019 outcomes.

For the second quarter, field workplace revenues have been round 87 per cent of the identical interval in 2019, and mixed revenues have been 92 per cent of these 4 years in the past.

The firm’s first-quarter earnings launched in May noticed its loss slim to $30.2 million because it continues to recuperate from pandemic shutdowns.

This report by The Canadian Press was first revealed July 10, 2023.