Cineplex Reports Strong March 2024 Box Office Results
Franchise Favourites and International Titles Ignited Movie Going in March
Leading film performances in
Nearly half of Cineplex's box office revenues for the month, at 46.1%, were from premium experiences like IMAX, UltraAVX and VIP, proving movie goers are choosing a more enhanced and interactive experience. Cineplex continues to hold its North American leadership position in alternative programming with 9.1% of March box office revenues coming from international films, compared to its peers at 3.7%. Highest performing titles for the month included Shaitaan, Jatt Nuu Chudail Takri, Crew and Yolo.
"With the support of key tent pole titles, the March film slate helped close the first quarter on a high note performing better than last year, a sign that consumer demand continues to be strong for compelling content," said
Period |
2019 Box Office |
2023 Box Office |
2024 Box Office |
2024 as a Percentage of 2019 |
2024 as a Percentage of 2023 |
January |
|
|
|
72 % |
82 % |
February |
|
|
|
67 % |
76 % |
March |
|
|
|
95 % |
146 % |
Total |
|
|
|
80 % |
101 % |
(i) Balances are in thousands of dollars. |
|
About Cineplex
Cineplex (TSX:CGX) is a top-tier Canadian brand that operates in the
Proudly recognized as having one of the country's Most Admired Corporate Cultures, Cineplex employs over 10,000 people in its offices and venues across
Caution Regarding Forward-Looking Statements:
Certain statements and/or information in this news release (identified by words such as "may", "will", "could", "should", "would", "suspect", "outlook", "believe", "plan", "anticipate", "estimate", "expect", "intend", "forecast", "objective" and "continue" (or the negative thereof)), and words and expressions of similar import, and similar expressions suggesting future events or future performance are intended to identify forward-looking statements. Such forward-looking statements are based on expectations and assumptions made by Cineplex and is subject to risks and uncertainties which may be beyond Cineplex's control. A comprehensive discussion of risks that may impact Cineplex can be found in Cineplex's public reports and filings, including those described in Cineplex's Annual Information Form for the year ended
SOURCE Cineplex