The Canadian exhibitor saw 9.8 million patrons in its theaters, against a year-earlier 6.7 million moviegoers, as ‘The Super Mario Bros. Movie’ and ‘Avatar: The Way of Water' helped fill cinema seats.
“I’m encouraged by the positive momentum our industry and company have realized with strong consumer demand for moving-going, content volume returning to pre-pandemic levels, the commitment to exhibition from our studio partners and the record results for our diversified businesses,” Cineplex CEO Ellis Jacob told analysts during a morning call after the release of the company’s first quarter earnings.
Theater attendance during the latest quarter jumped to 9.8 million patrons, up nearly 47 percent on the year-earlier 6.6 million theatergoers, which coincided with backing for the theatrical window from major studio bosses returning as industry disruption from the pandemic ebbs away. “We are excited by the amazing lineup of films for 2023 and believe we have overcome pandemic-related content supply challenges,” Jacob told analysts after box office performers likeplayed on his screens during the latest three month period.
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