Cineplex Inc. (formerly known as Cineplex Galaxy Income Fund and Galaxy Entertainment Inc.) is a Canadian entertainment company headquartered in Toronto, Ontario.
Through its operating subsidiary Cineplex Entertainment LP, Cineplex operates 165 theatres making it the largest movie theatre chain across Canada. The company operates theatres under numerous brands, including Cineplex Cinemas, Cineplex Odeon, SilverCity, Galaxy Cinemas, Cinema City, Famous Players, Scotiabank Theatres and Cineplex VIP Cinemas. Cineplex also owns and operates multiple brands for entertainment (such as UltraAVX, Xscape Entertainment Centre, Player One Amusement Group) and restaurants (such as OutTakes and Poptopia). It is also a joint partner in the Scene loyalty program with Scotiabank.
|Founder||Ellis Jacob and Stephen Brown|
Number of locations
|Revenue||CAD$ 1.555 Billion (2017)|
|CAD$ 97.83 Million (2017)|
|CAD$ 70.34 Million (2017)|
|Total assets||CAD$ 1.855 Billion (2017)|
|Total equity||CAD$ 711.77 Million (2017)|
Number of employees
Cineplex stakes a partial claim to the history of the Famous Players Film Company (later Paramount Pictures), founded in 1912, as its earliest predecessor, though that company did not have any operations in Canada until 1920, when it bought Nathan Nathanson's Paramount Theatre chain, which Nathanson had established four years earlier.[nb 1] Nathanson, along with being the 5th richest person in the world, became the first president of the resulting entity, Famous Player Canadian Corporation. In 1923, Famous Players bought out rival Allen Theatres, acquiring many buildings in the process .
Galaxy Entertainment Inc. was established in 1999 by Ellis Jacob, a former chief operating officer of Loews Cineplex Entertainment, and Stephen Brown, a former Cineplex chief financial officer. With investments from Onex Corporation and Famous Players, the new company focused on smaller markets that were usually served by smaller theatres and old equipment, opening large, major chain-style locations under the Galaxy Cinemas banner.In October 2003, Loews Cineplex Entertainment, which was a merger of Cineplex Odeon and Sony's Loews Theatres in 1998, who went bankrupt in 2001 due to the economic recession of the early 2000s, consolidated its Canadian operations with Galaxy Cinemas, forming Cineplex Galaxy Income Fund. Jacob became the chief executive of Cineplex Galaxy Cinemas and Brown became the CFO.
On June 13, 2005, Cineplex Galaxy announced its acquisition of Famous Players from Viacom for $500 million (about US$397 million). This deal was completed on July 22, 2005. To satisfy antitrust concerns, on August 22, 2005 the group announced the sale of 27 locations in Ontario and western Canada to Empire Theatres.
Eight days after Cineplex Galaxy announced its purchase of Famous Players Theatres, Loews Cineplex Theatres and AMC Theatres announced a merger. While AMC Theatres also operated in Canada and was ranked third behind Cineplex Galaxy Income Fund and the enlarged Empire Theatres, Cineplex Odeon and AMC Theatres remained competitors. In 2012, AMC sold 4 of its theatres to Cineplex Entertainment, in an effort to divest their Canadian operations and focus on their U.S. assets.
Cineplex Galaxy Income Fund, the owners of the chain, renamed Cineplex Galaxy LP to Cineplex Entertainment on October 3, 2005. In 2011, Cineplex Galaxy became Cineplex Inc.
Cineplex Entertainment announced on March 31, 2006 that it had sold seven more theatres in Quebec to Chelsea-based Fortune Cinemas Inc. On June 29, 2007, Cineplex Entertainment announced its purchase of three Cinema City theatres in western Canada. Two theatres in Winnipeg and one in Edmonton were acquired.
With the bankruptcy of Fortune Cinemas, Cineplex Entertainment acquired (or in this case, re-acquired) some of Fortune Cinemas theatres. The Starcité Gatineau (Starcité Hull) and the Cavendish theaters were reopened as Cineplex Entertainment theatres.
In July 2012, Cineplex Entertainment purchased four of AMC's Canadian theaters, including the Yonge Dundas 24 at 10 Dundas East, adjacent to the Toronto Eaton Centre, and the Forum in Montreal. The purchase of the Yonge Dundas 24, presently Canada's largest multiplex cinema, brought Cineplex Entertainment full circle, as the original Cineplex at Eaton Centre was the namesake for the present company. The company also earlier acquired the Tinseltown Movies 12 theatre from another American chain, Cinemark, in the Gastown neighbourhood of Vancouver.
In December 2012, Cineplex Entertainment opened its first VIP cinema outside Ontario, and the first Cineplex built from the start as a VIP cinema was in Edmonton, Alberta, in the SW neighborhood of Windermere in the Windermere (area). It was also the first Cineplex to be 18+ VIP. Cineplex reopened a theater in Coquitlam, B.C that had been renovated to host 19+ VIP, shortly after.
On June 27, 2013, Empire Company announced that it would sell or close its Empire Theatres chain to focus on its retail and real estate operations (including Sobeys, which earlier in the month had agreed to purchase Safeway's Canadian operations). To that end, Empire Theatres wound down its operations and sold or closed all of its theatres. Cineplex Entertainment announced the purchase of 24 Empire Theatres locations in Atlantic Canada that same day. The sale also included 2 IMAX screens in Halifax, NS and St. John's, NL. and 2 Empire Extra screens in Dartmouth, NS and Dieppe, NB. The acquired Empire Extra screens were rebranded as UltraAVX. Cineplex Entertainment received Competition Bureau Approval to buy 24 Empire Theatres in Atlantic Canada for approximately C$194 million on October 10, 2013.
The Empire Theatres in Atlantic Canada closed on October 22, 2013 after the evening shows and the sale was completed on October 24, 2013. On October 24 & 25, 2013, the theatres reopened as Cineplex Cinemas. Following the sale of Empire Theatres operations to Cineplex and Landmark Cinemas, Cineplex became the only significant chain in Atlantic Canada, a role previously held by Empire only. At first, the Empire Kanata and Whitby Theatres were to be sold to Cineplex, but were sold to Landmark Cinemas instead. In lieu of the Kanata location, Cineplex later acquired the rights to Empire's planned 10-screen Lansdowne Park location in Ottawa.
On November 1, 2013, Empire Company announced the completion of the sale of Empire Theatres to Cineplex & Landmark.
In the 2010s, Cineplex began to deploy a new concept, "VIP Cinemas", at selected locations, featuring premium amenities such as reclining seats, in-seat meal services, and a licensed lounge. On August 15, 2014, Cineplex opened a dedicated VIP Cinemas Don Mills location, the first to be devoted solely to the format. By 2017, the company had also begun to retrofit selected non-VIP auditoriums to feature reclining seating, as part of an effort to improve the customer experience.
Cineplex operates cinemas using the following banners: Cineplex Cinemas (known as Cineplex Odeon Cinemas for many pre-2013 locations), Cineplex VIP Cinemas, Scotiabank Theatre, SilverCity (French: StarCité), Galaxy, Famous Players, and Cinema City. The Coliseum (French: Colisée) and Colossus banners have been phased out in favour of the Cineplex Cinemas banner, but the unique architectural features of these theatres has been preserved.
Selected Cineplex locations offer premium screens and features for a higher ticket price, including large-screen formats, motion seats, and VIP. Following the premiere of Star Wars: The Force Awakens, Cineplex reported that at least 80% of customers watched the film with one of its premium formats, and 40% of the company's overall box office revenue came from premium formats.
Most Cineplex locations feature arcade areas under various brands. In June 2009, Cineplex began to deploy a new concept known as Xscape Entertainment Centre, incorporating it into new locations or refurbishing existing locations to utilize the format. There are 28 locations as of September 30, 2017. Xscape feature both redemption games and traditional games, with some locations also including a licensed lounge and party rooms. The centres utilize card systems to store credits and points for prizes, and offers for Scene rewards users. About 77 other Cineplex locations continue to have a Cinescape arcade, replacing the TechTown brand previously deployed by Famous Players and Playdium.
In January 2015, Cineplex announced a new entertainment restaurant chain known as The Rec Room. Comparable to Dave & Buster's, which operates two locations in the province of Ontario, The Rec Room features restaurant and bar areas, recreational game areas, simulators, and an auditorium equipped with a cinema-style screen. Cineplex CEO Ellis Jacob explained that the chain is meant to help the company diversify beyond its core cinema business in the wake of the growing streaming industry, The first location opened in South Edmonton Common in 2016. A second location in Toronto's Roundhouse Park opened in June 2017, along with a second Edmonton location at West Edmonton Mall. Cineplex aims to open 10-15 locations of The Rec Room nationally, ranging in size from 30,000 to 60,000 square feet. Further locations were announced for Brentwood Town Centre in Burnaby, Masonville Place in London, Square One Shopping Centre in Mississauga, Avalon Mall in St. Johns, and Seasons of Tuxedo in Winnipeg.
Cineplex owns Playdium, a major arcade and family entertainment centre in Mississauga, Ontario. On October 2, 2017, Cineplex announced that it would re-launch the Playdium brand as a new entertainment restaurant chain.
On September 13, 2018, Cineplex announced that it would acquire a stake in VRStudios—a Seattle-based provider of virtual reality installations, and utilize its equipment for as many as 40 VR centres across the country.
Launched in 2007, Scene is the entertainment rewards program jointly owned by Scotiabank and Cineplex Entertainment.
Cineplex has an Outtakes restaurant in 94 theatres, some which replace previous restaurant partners (Burger King, KFC and New York Fries) and others which introduce restaurants at locations which did not previously feature one. VIP Cinemas and some Xscape locations feature a licensed lounge with more premium offerings compared to Outtakes. Poptopia is a flavoured popcorn restaurant offered in a full-service format at 22 locations. Other Cineplex theatres may feature Poptopia at the concession stand, but only in the caramel corn and/or kettle corn flavours.
Ice cream at Cineplex locations debuted with Baskin-Robbins and TCBY. Beginning in December 2007, Yogen Früz became the preferred partner. On January 1, 2014, Cineplex acquired a 50% stake in Yoyo's Yogurt Café. As of January 2017, 77 Cineplex theatres feature Yoyo's restaurants, while Yogen Fruz is still available in 23 Cineplex theatres while TCBY is available in 16 locations.
Beverages are available in both cold and hot formats. Cold beverages include the Coca-Cola lineup, which replaced the Pepsi lineup used at locations formerly owned by Famous Players. 12 locations feature Coca-Cola Freestyle. Hot beverages include Starbucks as the incumbent provider with 105 locations, all which offer Pike Place Roast coffee (regular or decaf) and Tazo tea. Select locations also offer premium drinks such as caffè mocha or caramel macchiato. Tim Hortons is available as a full-service restaurant in five locations, with Brossard being the only location to offer both Tim Hortons and Starbucks. The previous incumbent provider was Van Houtte, which is now phased out at all but two locations.
Other current partners include Panago and Pizza Pizza (replacing Pizza Hut). Chocolates and candies from Mars is available throughout the chain, replacing the previous supplier, Hershey. M&M's Mini are available as candies in kids' combos used to promote a kids' movie. Taco Bell was previously available at some Cineplex locations acquired by Famous Players.
The current Chief Executive Officer and President of Cineplex Entertainment is Ellis Jacob. Alongside with Jacob are Jordan Banks who serves as a Facebook executive, Robert Bruce, Joan Dea, Ian Greenberg, the founder of Astral Media, Sarabjit S. Marwah, Anthony Munk, Edward Sonshine, Robert J. Steacy and Phyllis Yaffe, who serves as its chair.
Cineplex Odeon Corporation was one of North America's largest movie theatre operators, with theatres in its home country of Canada and the United States. The Cineplex Odeon Theatres are now operated by Cineplex Entertainment in Canada and as AMC Theatres in the United States.Cineplex Odeon Films
Cineplex Odeon Films (also known as Cineplex Odeon Pictures and Cineplex-Odeon Films) was the film distribution unit of the Canadian cinema chain Cineplex Odeon Corporation.
The Cineplex Odeon Corporation was created in 1979 by Garth Drabinsky and Nathan Taylor. The first cineplex was opened at the Eaton Centre in Toronto, Ontario. Cineplex ultimately went bankrupt in 2001, after changing ownership numerous times.The company began in 1979 as Pan-Canadian Film Distributors, a partnership between film producer Garth Drabinsky and inventor Nat Taylor, based in Toronto, Ontario. At the time of its establishment in the United States, the Cineplex Odeon theatre chain and the tie-in studio were owned by the MCA entertainment group, also the then-owners of Universal Pictures. On August 27, 1986, Pan-Canadian renamed itself as Cineplex Odeon Films, and began operations at Los Angeles, California in November 1986; Garth Drabinsky became its chief officer. By 1990, it was Canada's largest independent film distribution company. Later in the 1990s, it changed its name to Odeon Films on account of its historic significance, before releasing one of their final films—the science-fiction film Cube (released in American markets under Trimark Pictures' banner).
Cineplex Odeon had grown to become one of the largest film exhibitors in North America by 1993, with 1,630 screens and operations in 365 locations within North America. At this point, Cineplex Odeon accounted for roughly 8% of box office revenues in North America, competing mostly with Famous Players in the Canadian market. Cineplex Odeon and Famous Players were two dominant forces in the Canadian film industry, with both organizations accounting for roughly two-thirds of the industry's annual revenues. The key to the success of the two organizations was in large part due to their supply chain. Cineplex Odeon had exclusive first-run rights to films made by Columbia and Universal Studios, which allowed them to seize a hefty market share.Controversy surrounded the practices of both Cineplex Odeon and Famous Players in 1998. The two companies had been accused of operating as a duopoly, and choking off the film supply so smaller theatres could not show the same products. On December 16, 1998, the tides began to turn with AMC Entertainment's announcement of Canadian expansion. AMC opened its first Canadian theatres in Oakville, and Toronto, Ontario, and had opened 15 theatres by 2000.Famous Players
Famous Players was a Canadian-based film exhibitor and cable television service provider. Famous Players operated numerous movie theatre locations in Canada from British Columbia to Newfoundland and Labrador. The company was owned by Viacom Canada but was sold to Onex Corporation-owned Cineplex Galaxy LP in 2005.Far Coast
Far Coast is The Coca-Cola Company's entry into the specialty coffee, tea and premium roast & ground coffee category.
Coca-Cola officially launched the Far Coast brand in 2006 with the opening of four "concept stores" in Toronto, Oslo, Singapore, and Atlanta. The stores, which have subsequently closed, were used for the purpose of conducting market and consumer research before the brand was fully commercialized in the early part of 2008.
All Far Coast coffee blends are independently certified Fair Trade, Rainforest Alliance, or organic by the OCIA.Recently Far Coast was featured as the Official Brewed Beverage of the Vancouver 2010 Winter Olympic Games. The brand's coffees, teas and cocoa were served at all Olympic venues, including the Vancouver and Whistler Athlete's Villages, where Far Coast displayed their locally designed outdoor tables and chairs made out of reclaimed pine destroyed by the Mountain Pine Beetle. During the Games, all Far Coast products were served in a 100% compostable packaging solution, consisting of the cup, lid, and hot beverage sleeve - an Olympic Games first.In Canada, Far Coast is served in a number of high traffic venues, including the CN Tower, Ontario Place, and nationwide at Cineplex Entertainment theatres.
Far Coast items are now on sale on spreadthered.ca and it appears the website has been removed indicating a possible discontinuation of the product line.I'm Your Man (film)
I'm Your Man is a 1992 short film which was created to showcase Loews Theatres' interactive cinema technology. Audiences used seat-mounted joysticks to vote between three options in action at six different points throughout the movie.List of Cineplex Entertainment movie theatres
This is a list of Canadian movie theatres operated by Cineplex Entertainment, under the Galaxy, Cineplex Odeon, SilverCity, Cinema City, Famous Players, Colossus, Scotiabank Theatre, Cineplex Cinemas and Cineplex VIP Cinemas brandings.Loews
Loews may refer to:
Loews Cineplex Entertainment, formerly Loews Incorporated, a defunct North American cinema chain which formerly owned Metro-Goldwyn-Mayer
United States v. Loew's Inc., a United States Supreme Court case involving Loews
Loews Corporation, an American holding company
Loews Hotels, a North American hotel chainLoews Cineplex Entertainment
Loews Theatres, also known as Loews Incorporated (originally Loew's), founded on June 23, 1904 by Marcus Loew, was the oldest theater chain operating in North America until it merged with AMC Theatres on January 26, 2006. From 1924 until 1959, it was also the parent company of Metro-Goldwyn-Mayer Studios (MGM). The Loews name is still used by AMC in many markets.
The company was originally called "Loew's", after the founder, Marcus Loew. In 1969, when the Tisch brothers acquired the company, it became known as "Loews".Magic Johnson Theatres
Magic Johnson Theatres is a chain of movie theaters, originally developed in 1994 by Johnson Development Corporation, the business holding of basketball player-turned-entrepreneur Magic Johnson, and Sony Pictures Entertainment through a partnership with Sony-Loews Theatres. A 1998 merger between Sony-Loews and Cineplex Odeon Corporation caused them to become part of the new Loews Cineplex Entertainment Corp. Currently the chain's former locations are owned by AMC Theatres, after Sony-Loews was acquired by that company in 2006. Although they are still branded Magic Johnson Theatres, they are solely controlled by AMC.
Earvin "Magic" Johnson, Jr., is no longer actively involved in the management committee, strategic planning, operations, or public relations.Marcus Loew
Marcus Loew (May 7, 1870 – September 5, 1927) was an American business magnate and a pioneer of the motion picture industry who formed Loew's Theatres and the Metro-Goldwyn-Mayer film studio (MGM).Nat Taylor
Nathan A. Taylor (1906 – February 29, 2004) was a Canadian inventor and film producer. He co-founded Cineplex with Garth Drabinsky.Nicholas Schenck
Nicholas M. Schenck (14 November 1880, Rybinsk, Russia – 4 March 1969, Florida) was an American film studio executive and businessman.Player One Amusement Group
Player One Amusement Group (P1AG), formerly Cineplex Starburst, is a Canadian arcade game distributor. It is a subsidiary of Cineplex Entertainment, and was created via the successive mergers and acquisitions of Starburst Coin Machine, Brady Distributing, Premier Amusements, Sega Amusement Works, Tricorp Amusements, and Dandy Amusements.
The company also owns Playdium, a large amusement centre in Mississauga, Ontario.Scene (loyalty program)
Scene (stylized as SCENE) is a Canadian loyalty program established in 2007 by Scotiabank and Cineplex Entertainment.The main reward is a free movie ticket, starting at 1,000 points for a regular ticket. Over the years, the program has expanded to include a greater variety of rewards, including restaurants and sporting goods.
In addition, there is an on-screen game promotion in select Cineplex theatres called Timeplay. This game is run prior to the screening of films in which participating guests can play various trivia games through a smartphone app with Scene points being the prizes.Scotiabank Theatre
Scotiabank Theatre (French: Cinémas Banque Scotia) is a Canadian banner of multiplex cinemas owned by Cineplex Entertainment. The brand was established in 2007 as part of a wider partnership between Cineplex and Scotiabank on their new Scene loyalty program.The brand is positioned as Cineplex's flagship banner, encompassing ten locations in major markets with a focus on offering premium amenities and formats. They include three locations that formerly operated under the Paramount Theatres brand prior to the acquisition of Famous Players by Cineplex (including the flagship Toronto location), as well as locations rebranded from other Cineplex banners.Scotiabank Theatre Toronto
The Scotiabank Theatre Toronto (formerly Paramount Theatre Toronto) is a major movie theatre at the RioCan Hall in the Entertainment District of downtown Toronto, Ontario, Canada at Richmond and John Street owned by Cineplex Entertainment and opened in 1999.South Edmonton Common
South Edmonton Common is Canada's largest retail power centre, and when fully developed, it will spread over 320 acres (130 ha) and contain some 2,300,000 square feet (210,000 m2) of retail space, making it the largest open-air retail development in North America. The Common is located in south Edmonton, Alberta extending from 23rd Avenue south to Anthony Henday Drive, and east from Gateway Boulevard to Parsons Road.
The Common has a large base of retail tenants that provide various goods and services. The first tenant in the Commons was The Home Depot, which opened in April 1998. Anchor tenants at South Edmonton Common include Canadian Tire (the South Edmonton Common location is the largest in the world), IKEA, Cineplex Entertainment, Lowe's, Real Canadian Superstore, and Walmart. Other stores include Staples (Canada), Best Buy, Marshalls, Lindt, Mountain Equipment Co-op, Saks Fifth Avenue Off 5th, Nordstrom Rack (opening 2018), and Canada's first buybuy BABY.The Rec Room
The Rec Room is a Canadian chain of entertainment restaurants owned by Cineplex Entertainment. First opening in Edmonton in 2016, its locations feature entertainment and recreational attractions such as an arcade, bowling alley, driving simulators, and virtual reality, as well as restaurants and bars, and an auditorium with a cinema-style screen, which can be used for concerts and other live events.WorldGaming
WorldGaming, formerly Virgin Gaming, is an online video gaming platform that hosts head to head matches, tournaments and ladders for consoles and PC gamers. WorldGaming has had over 2.67 million gamers register for its platform worldwide which makes it one of the most robust and dynamic global eSports communities. There have been over 25 million matches played over 100,000 tournaments held on WorldGaming.com since 2010.
WorldGaming has traditionally focused on the sports games, fighting games and driving games. They had formed a partnership with EA Sports to be integrated into the game and have automatically verified results from the EA servers. These games included the FIFA, Madden and NHL franchises. A partnership was also in place with Take-Two Interactive to be featured and integrated into the NBA2K series of games.
WorldGaming has relaunched a new platform with a larger number of games, supporting a wide range of publishers. It remains focused on gaming and tournaments but also incorporates streaming, live events and being the central community for gaming enthusiasts worldwide.On September 18, 2015 it was announced that WorldGaming had been acquired by theatre chain Cineplex Entertainment. Cineplex plans to leverage its cinema locations to serve as sites for e-sports events.