Posted Dec 16, 2019, 3:34 PM
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Registered User
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Join Date: Mar 2010
Posts: 2,226
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Quote:
Originally Posted by Taeolas
Well, our main cinema chain is no longer Canadian (was it ever?)
Cineworld To Acquire Canada’s Cineplex In $2.1B Deal, Making Regal North America’s Largest Exhibition Circuit
In the Maritimes, or at least in NB, our cinemas have been languishing forgotten since Empire was bought out. (Moncton's Crystal Palace just got their renovations started when the buy out happened). We've been hoping/expecting to finally get some attention soon; but with this buyout happening, I suspect we'll be even more forgotten now.
CBC Article on the deal
While the chain is UK based, they own the US based Regal Cinemas, and apparently the first priority is to combine Regal and Cineplex.
Of note:
Guess this will be Good-bye Scene. Wonder how Cora Foods will think of that? Maybe they'll buy out Scene and use it as the points cards for their restaurants instead? |
Cineplex's name and branding is better than "Regal" imo...hope they keep it.
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