91.5FM
91.5HD2
airing nowConnect FM 101.7 Edmonton
airing now
8.85 c
8.85 cEdmonton
airing now|91.5 FM
91.5 HD2
Cineplex saw 91 per cent fewer moviegoers this summer, sales drop 85 per cent
BY , Nov 13, 2020 5:29 PM - REPORT AN ERROR
Cineplex Odeon Theater at Dundas Square in Toronto on Monday December 16, 2019. THE CANADIAN PRESS/Aaron Vincent Elkaim
Cineplex is reporting a 91 per cent drop in customers in its third quarter.
Only 1.6 million people went to see a movie after Cineplex re-opened countrywide with limited showtimes and seating on August 21st, down from 17.5 million last summer.
The Toronto-based theatre chain posted a third quarter net loss of 121.2 million dollars, down from a profit of 13.4 million a year ago.
The company says it had revenue of $61 million in the three months ending Sept. 30, down from $418.4 million during the same period in 2019.
Share on
Related News
Sign up for the newsletter
We'll deliver best of entertainment right into your inboxWe love to hear from our listeners, so feel free to send us message
Message us on whatsapp
