{
  "id": 18512501,
  "title": "Cineplex posts record revenue as Spider-Man, Odyssey drove moviegoers",
  "url": "https://urgent.news/2026/11/06/cineplex-posts-record-revenue-as-spider-man-odyssey-drove-moviegoers-18512501",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T13:47:18.000Z",
  "source": {
    "name": "Global News",
    "slug": "global-news-globalnews",
    "url": "https://globalnews.ca/news/12139660/cineplex-q3-2026-spider-man-odyssey/"
  },
  "original_language": "en",
  "account": "Cineplex Inc., the prominent cinema company, declared a record revenue of $440.2 million for the third quarter, driven by blockbuster releases such as \"Spider-Man: Brand New Day\" and \"The Odyssey.\" This marked a substantial increase from the previous year's $348.9 million, reflecting a surge in both box office revenue and overall attendance. The company reported a profit of $23.8 million, translating to 34 cents per diluted share for the quarter ending September 30. This significant profit margin, up from $1.2 million or two cents per diluted share a year ago, was fueled by a rise in theatre attendance to 14.8 million people, compared to 12.1 million a year earlier. Furthermore, the box office revenue per patron grew to $14.54, an increase from $13.23, while concession revenue per patron climbed to $9.99, up from $9.65. A notable change in leadership occurred as Cineplex appointed former Landmark Cinemas CEO Bill Walker as its new chief executive. The company also announced plans for a comprehensive review of strategic alternatives, which may include, but is not limited to, a possible sale.",
  "summary": "Revenue for the quarter totalled $440.2 million, up from $348.9 million in the same quarter last year, as theatre attendance rose to 14.8 million people, up from 12.1 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CityNews",
        "title": "Cineplex reports $23.8M Q3 profit, record quarterly revenue",
        "url": "https://urgent.news/2026/11/06/cineplex-reports-23-8m-q3-profit-record-quarterly-revenue-18504040",
        "published": "2026-11-06T12:07:48.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Cineplex reports $23.8M Q3 profit, record quarterly revenue",
        "url": "https://urgent.news/2026/11/06/cineplex-reports-23-8m-q3-profit-record-quarterly-revenue",
        "published": "2026-11-06T12:07:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}