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Cineplex May Box Office Revenue Down by Almost 30% to $33.9 Million
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Cineplex May Box Office Revenue Down by Almost 30% to $33.9 Million
Jun 14, 2024 4:04 AM

06:32 AM EDT, 06/14/2024 (MT Newswires) -- Cineplex (CGX.TO) on Thursday reported box office revenue of $33.9 million for May, almost 30% lower than the same month in 2023.

Year-to-date, Cineplex said it continues to outperform the North American box office as compared with 2019 by 4.8%. The company reported box office revenue of $47.5 million in May 2023 and $68.7 million in May 2019.

The box office results in May were led by Kingdom of the Planet of the Apes, The Fall Guy, Furiosa: A Mad Max Saga, and IF, which together accounted for 59% of the month's box office revenue.

"Looking ahead, the summer box office is starting to warm up with Deadpool & Wolverine reaching $1 million in pre-sales at Cineplex, in advance of its July 26th opening, outperforming Deadpool and Deadpool 2's pre-sales," Ellis Jacob, president and CEO at Cineplex, said. "There is something for everyone with Bad Boys: Ride or Die, Inside Out 2, A Quiet Place: Day One, Despicable Me 4, Twisters and Alien: Romulus. With the remnants of the strikes behind us, we look to a stronger box office for the second half of 2024."

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