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Cineplex Says August Box Office Results Outperformed North American Industry and Beat 2019 Levels
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Cineplex Says August Box Office Results Outperformed North American Industry and Beat 2019 Levels
Sep 11, 2024 3:36 AM

08:50 AM EDT, 09/10/2024 (MT Newswires) -- Cineplex ( CPXGF ) on Tuesday reported box office revenues of $67.2 million for August, a 119% increase from the same month in 2019, and 99% of the 2023 level.

Cineplex ( CPXGF ) also outperformed the North American box office relative to 2019 for August by 7.3%. Combined box office and theatre food revenues achieved 125% of 2019 levels and 100% of 2023, the statement added.

"This summer marked an important turning point, with June and July box office revenue reaching over 90% of 2019 levels and August surpassing 2019 levels," said CEO Ellis Jacob. "The continuation of compelling content means we're more confident than ever about the long-term prospects for the exhibition business. The momentum will continue in September with Beetlejuice Beetlejuice, Speak No Evil, Transformers One and The Wild Robot."

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