09:08 AM EDT, 04/11/2024 (MT Newswires) -- Cineplex (CGX.TO), an entertainment and media company, on Thursday reported a 46% increase in March box office revenue to $59.2 million as clients sought premium services and "Dune: Part Two" led a strong movie lineup.
"Dune" raked in more than $260 million in domestic box office revenues to date, with Cineplex accounting for more than 10%.Other leading movies in the month were "Kung Fu Panda 4" and "Godzilla x Kong: The New Empire."
Cineplex's March revenue was 95% of the March 2019 level, indicating the company has almost fully recovered from the downturn initiated in early 2020 by the Covid-19 pandemic. Cineplex said the North American industry average for March is revenue at 81% of the March 2019 level.