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In 2015, Cineplex announced that premium and VIP movie tickets would cost more points to redeem. Premium movie tickets (3D, D-Box , IMAX , and UltraAVX) would cost 1,500 points and VIP movie would cost 2,000 points instead of the standard 1,000 points.
Selected Cineplex locations offer including large-screen formats, motion seats, and VIP for a higher ticket price. Following the premiere of Star Wars: The Force Awakens in 2015, Cineplex reported that at least 80% of customers watched the film with one of its premium formats, and 40% of the company's overall box office revenue came from ...
Cineplex's control over the market allowed them to increase prices. They were criticized, including by Mayor Ed Koch, for raising ticket prices from USD$5 to USD$7 in New York City. [42] In April 1998, Cineplex Odeon Theatres merged with New York City-based Loews Theatres (founded in 1904 by Marcus Loew) to form Loews Cineplex Entertainment.
With the exhibition sector facing a slow recovery from the pandemic, Cineplex patrons will be charged a $1.50 booking fee for movie ticket purchases using the company’s mobile app or website ...
On NFL's first-ever Christmas Gameday on Netflix, the Kansas City Chiefs will first face the Pittsburgh Steelers at 1 p.m. eastern, followed by the Baltimore Ravens at the Houston Texans at 4:30 p ...
In September 1997, Cineplex Odeon Corporation announced that it would merge with Loews Theatres for $1 billion; the merger was later approved by the United States Department of Justice on April 16, 1998 and was later completed that year to form Loews Cineplex Entertainment, thus making it a joint venture between Sony and Universal Studios.
OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...
It was acquired by Famous Players in 2001 due to expansion limitations at the company's nearby SilverCity Yonge and Eglinton. In 2005, Cineplex acquired both theatres, with the SilverCity location being its main focus. [13] The SilverCity is now known as Cineplex Cinemas Yonge-Eglinton and VIP, and the Famous Players closed on October 24, 2021.