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New Cineplex CEO optimistic as strong slate of 2027 releases drives stability
Walker said box office receipts have surpassed 2019 levels as Cineplex reported a $23.8 million quarterly profit and weighed strategic options, including a possible sale.
TORONTO — Cineplex Inc.’s new chief executive thinks the theatre industry has morphed from recovery mode into a period of sustainable growth. Bill Walker pointed to overall box office numbers recently exceeding 2019 levels and strong audience numbers at his own cinemas as proof that the industry has more than rebounded. Movie theatres were struggling