TORONTO, May 18, 2023
/CNW/ - (TSX: CGX) – Cineplex, Canada's leading entertainment and media
company, issued the following statement in response to the news
release by the Competition Bureau:
"We are disappointed by the statements made by the Competition
Bureau today before the matter has been reviewed and decided upon
by the Tribunal. Our online booking fee is not misleading and
fully complies with the spirit and letter of the law. There is
no merit to the Bureau's allegation.
We have been working with the Bureau, since late 2022, in an
open and transparent manner. Our online booking fee is entirely
optional and provides the convenience of advance seat selection.
All of this information is clearly stated on our website. Unlike
other ticketed venues where such fees may exist, Cineplex's guests
can buy their tickets at their local theatre without paying this
modest fee.
We will seek an early determination and expect this suit to be
dismissed quickly as it has no merit."
About Cineplex
Cineplex (TSX: CGX) is a top-tier Canadian brand that operates
in the Film Entertainment and Content, Amusement and Leisure, and
Media sectors. Cineplex offers a unique escape from the everyday to
millions of guests through its circuit of over 170 movie theatres
and location-based entertainment venues. In addition to being
Canada's largest and most
innovative film exhibitor, the company operates Canada's favourite destination for 'Eats
& Entertainment' (The Rec Room), complexes specially designed
for teens and families (Playdium), and a newly launched
entertainment concept that brings movies, amusement gaming, dining,
and live performances together under one roof (Cineplex Junxion).
It also operates successful businesses in digital commerce
(CineplexStore.com), alternative programming (Cineplex Events),
motion picture distribution (Cineplex Pictures), cinema media
(Cineplex Media), digital place-based media (Cineplex Digital
Media) and amusement solutions (Player One Amusement Group).
Providing even more value for its guests, Cineplex is a partner in
Scene+, Canada's largest
entertainment and lifestyle loyalty program.
Proudly recognized as having one of the country's Most Admired
Corporate Cultures, Cineplex employs over 10,000 people in its
offices and venues across Canada
and the United States. To learn
more, visit Cineplex.com.
SOURCE Cineplex