Cineplex Inc. has recorded its best-ever second quarter, highlighting growing Canadian interest in movie theatres despite the rise of streaming giants like Netflix.
Cineplex, the largest movie theatre chain in Canada, announced a profit of $7.8 million for its second quarter of 2026, in contrast to a loss of $2.2 million during the same period last year, achieving the highest revenues for the April-to-June timeframe in the company’s history.
Cineplex CEO Ellis Jacob announced the company’s successful quarter in an earnings call this week, highlighting a significant rise in attendance, with 12.7 million patrons recorded in the three-month period, compared to 11.6 million the previous year….