Cineplex has announced that select theatres across Southwestern Ontario will reopen this Friday. Cineplex revenues tumbled to $282.8 million from $364.6 million, while attendance plunged to 10.7 million from nearly 15 million. We are still reviewing what's being proposed by the province, so as a result we aren’t in a position to open our theatres in Ontario on Friday," the company told Narcity. News Local Cineplex (TSX:CGX) stock has been under pressure again, with the name recently dipping just over 20% from its six-month high. "The news that Ontario is entering Stage 3 on Friday is certainly welcome by the team here at Cineplex! LONDON, ONT. Cineplex Cinemas across Ontario will reopen on Friday, July 31. Cineplex has announced plans to open 25 cinemas across the province on Friday after Ontario's chief medical officer of health gave movie theatres the green light to expand capacity. OTTAWA -- Cineplex has announced it is reopening movie theatres across Ontario this week, as COVID-19 restrictions ease in many jurisdictions. Cineplex will not be opening movie theatres in Ontario on Friday, as most of the province enters Stage 3 of reopening. The cinema … The news is scaring investors and sending the stock plummeting. On Wednesday, Cineplex spokesperson Sarah Van Lange told Daily Hive in a statement that the company is not “in a position” to open their theatres, even though they welcome the news. Full coverage at CTVNews.ca… The CEO Cineplex is speaking out against Ontario's decision to close theatres in certain regions, such as Toronto, Peel and Ottawa, as COVID-19 cases surge. On October 19, 2020, the share price is $4.88 or a year-to-date loss of 86%. Cineplex is also in the midst of a legal battle with Cineworld, after the U.K. company walked away from a deal to purchase the Canadian theatre chain last year for $34 per share. Photo by Gavin Young/Postmedia Network Article content. With the ongoing third wave of COVID-19, the Canadian movie theatre giant is due for another round of brutal numbers. -- The thrills and chills of the big screen are back. Canada's largest cinema chain says it's in no rush to re-open its theatres in Ontario, as provincial reopening guidelines appear to limit occupancy to only 50 patrons at a time. On the other side of this horrific spring surge is a summer season that could have the potential to be far brighter than last year’s. Last week, Cineplex’s stock fell 29 per cent after the new James Bond film was delayed to 2021. TORONTO, July 3, 2020 /CNW/ - Cineplex Inc. ("Cineplex") (TSX: CGX) announces that it has commenced an action in the Ontario Superior Court of Justice against Cineworld Group plc … Theatres in Ontario on Friday, July 31 share price is $ 4.88 or a loss... As most of the big screen are back to $ 282.8 million from nearly 15 million be opening movie in! 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