Empress Walk is a large Canadian condominium and retail complex in Toronto , Ontario , Canada. It is located at the intersection of Yonge Street and Empress Avenue in the North York Centre area of the North York district It was developed by Canadian-developers Menkes Developments Ltd. Phase 1 was completed in 1997 and Phase 2 was completed in 2000. It became an important retail complex in North York following its construction.
75-477: The podium of the complex is a three-storey retail mall. It covers 240,000 square feet (22,000 m) topped with a 95 feet (29 m) dome, that highlights one of the longest unsupported escalators in North America to give access to the movie theatre from the ground floor. There is a 3,035-seat Cineplex Cinemas movie multiplex featuring a state of the art IMAX Theatre. The lowest level has underground access to
150-590: A D-Box VR experience launched at the Ottawa location. The IMAX VR centre closed in 2019, as part of the discontinuation of the IMAX VR pilot project. In July 2018, after having opened such an attraction at The Rec Room at Roundhouse Park , Cineplex Entertainment announced that it had reached an agreement to be the exclusive Canadian franchisee of The Void — a chain of mixed reality entertainment attractions. On September 13, 2018, Cineplex announced that it would acquire
225-451: A "virtual monopoly " over the cinema market in Canada. In 2012, a class-action lawsuit was filed against Cineplex over locations refusing to honour the company's "Cheap Tuesdays" promotion. The company agreed to a $ 7,000 settlement, including a $ 25,000 charitable donation. In 2019, the producers of the anti-abortion film Unplanned criticized Cineplex for initially declining to pick up
300-490: A $ 1.50 surcharge on all online ticket orders since June 2022, but used dark patterns to hide this fee from listed ticket prices until the end of the transaction. In October 2024, Cineplex appealed the decision to the Federal Court of Appeal . Cineplex Odeon Cineplex Odeon Corporation was one of North America 's largest movie theatre operators and live theatre, with theatres in its home country of Canada and
375-600: A duopoly, and choking off the film supply so smaller theatres could not show the same products. Cineplex's control over the market allowed them to increase prices. They were criticized, including by Mayor Ed Koch , for raising ticket prices from USD$ 5 to USD$ 7 in New York City. In April 1998, Cineplex Odeon Theatres merged with New York City -based Loews Theatres (founded in 1904 by Marcus Loew ) to form Loews Cineplex Entertainment . Alliance Atlantis purchased Cineplex Odeon Films assets along with its home video division
450-599: A former Cineplex chief financial officer . With investments from Onex Corporation and Famous Players, the new company focused on smaller markets that were usually served by smaller theatres and old equipment, opening large, major chain-style locations under the Galaxy Cinemas banner. By 2003, Galaxy Entertainment had grown to 19 theatres and $ 75 million in box office revenue. In 2001, Loews Cineplex Entertainment (a 1998 merger of Universal Pictures ' Cineplex Odeon and Sony 's Loews Theatres) underwent bankruptcy due to
525-678: A higher ticket price. Following the premiere of Star Wars: The Force Awakens in 2015, Cineplex reported that at least 80% of customers watched the film with one of its premium formats, and 40% of the company's overall box office revenue came from premium formats. Arcades at Cineplex locations are primarily operated under the branding Xscape Entertainment Centre ; the brand was first introduced in June 2009, and has since been deployed at 83 locations as of September 2024. Early Xscape locations (such as SilverCity CrossIron Mills near Calgary) were also built with licensed lounges and party rooms, but most of
600-471: A licensed lounge with more premium offerings compared to Outtakes. Poptopia is a flavoured popcorn restaurant offered in a full-service format at 22 locations. Other Cineplex theatres may feature Poptopia at the concession stand, but only in the caramel corn and/or kettle corn flavours. Ice cream at Cineplex locations debuted with Baskin-Robbins and TCBY . Beginning in December 2007, Yogen Früz became
675-558: A merger between Canadian Theatres and Odeon Theatres of Canada in 1978. Theatres formerly operated by the company are now operated by Cineplex Entertainment in Canada and as AMC Theatres in the United States. Nathan Nathanson attempted to create a theatre chain with Fox Film , but was unable to due to the company entering receivership . Nathanson returned to the board of Famous Players and became its president in May 1933, resulting in
750-534: A new 10-screen cinema at the site with three VIP screens. On December 16, 2019, Cineplex announced a definitive agreement to be acquired by the British cinema operator Cineworld Group , the second-largest film exhibitor worldwide, pending shareholder and regulatory approval. Cineworld would be paying $ 34 per-share—a 42% premium over Cineplex's share price prior to the announcement, valuing the company at CDN$ 2.8 billion. Cineworld planned to pay US$ 1.65 billion, and to fund
825-609: A new cinema banner incorporating elements from The Rec Room's concept. The first Cineplex Junxion opened at Kildonan Place in Winnipeg in December 2022, succeeding the existing Famous Players location at the same site. Another location at Erin Mills Town Centre in Mississauga opened on May 17, 2023. In November 2017, an IMAX VR centre opened at Scotiabank Theatre Toronto as IMAX VR's first location in Canada. The following month,
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#1732851315242900-483: A new concept, The Rec Room , amusement venues with live entertainment that serve food and drink. In the 2010s, Cineplex began to deploy "VIP Cinemas" featuring reclining seats, in-seat meal services, and a licensed lounge. On August 15, 2014, Cineplex opened a dedicated VIP Cinemas Don Mills location, the first to be devoted solely to the format. By 2017, the company had also begun to retrofit selected non-VIP auditoriums to feature reclining seating. On June 27, 2013,
975-517: A new theatre chain while serving as president. His brother, Henry Nathanson, formed Odeon Theatres in April 1941. It initially started with four theatres in Vancouver and expanded using equal partnerships with Henry Morton's four theatres, Jack Barron's theatre, and Henry Friedman's theatre which were later bought out. Famous Players sued Nathan over the ownership of Regal Films, managed by Henry, in 1942, but
1050-492: A one-week limited release at 24 Cineplex locations. The decision was praised by opponents of abortion, but did lead to criticism from abortion-rights (pro-choice) groups due to disputes over the film's content (with the Alberta Pro-Choice Coalition stating that it planned to hold a peaceful protest outside Scotiabank Theatre Chinook Centre ). The film itself had already attracted criticism from groups, such as
1125-437: A second downtown for Toronto. Until 1998, a separate city from Toronto with the regional government of Metropolitan Toronto. Lastman began a wave of development proposals that eventually led to a large number of high-rise and government buildings being constructed along Yonge Street, leading to the creation of North York Centre within the larger existing neighbourhood of Willowdale . Menkes Developments Ltd. constructed many of
1200-736: A stake in VRStudios—a Seattle-based provider of virtual reality installations, and utilize its equipment for as many as 40 VR centres across the country. Launched in 2007, Scene+ is an entertainment rewards program jointly owned by Scotiabank and Cineplex Entertainment. Cineplex has an Outtakes ( French : Restoplex ) restaurant in many of its theatres, some which replace previous restaurant partners ( Burger King , KFC Express, Pizza Pizza / Pizza 73 , Pizza Hut Express, Taco Bell Express and New York Fries ) and others which introduce restaurants at locations which did not previously feature one. VIP Cinemas and some Xscape locations feature
1275-600: The Abortion Rights Coalition of Canada , over its factual accuracy, with the Coalition describing it as "American propaganda". During the 2019 Toronto International Film Festival , festival organizers stated that Cineplex would no longer allow films distributed by an online video service (such as Prime Video or Netflix ) to be screened at the Scotiabank Theatre Toronto (which has been considered
1350-764: The Empire Company announced that it would divest its Empire Theatres operations in order to focus on its real-estate assets and grocery chain Sobeys . Cineplex acquired 24 former Empire locations in the Atlantic provinces as well as 2 in Ontario, for around $ 200 million ( Landmark Cinemas acquired the remainder, predominantly in Western Canada and Ontario). In February 2014, Cineplex announced that it had acquired Empire's planned Lansdowne Park location in Ottawa, and would construct
1425-566: The North York Centre station could be integrated with the new mall, giving residents of the towers access to the Toronto subway system. Behind the Empress Walk complex on its east side is Princess Park, commemorating the original sites of the first municipal building and fire hall of North York. It features the façade of the former Township of North York Municipal Offices from the 1940s, while
1500-465: The North York Centre subway station . Above the retail complex are two 34-storey residential towers, known as the Pinnacle and Royal Pinnacle, with a total of 745 units between them. Major retail anchors inside Empress Walk include Loblaws , LCBO , Shoppers Drug Mart , Cineplex Cinemas , PetSmart , and Dollarama . Since the 1970s, local politician Mel Lastman wanted to turn central North York into
1575-639: The Ontario Superior Court of Justice ruled in favour of Cineplex, and ordered Cineworld to pay US$ 1 billion in damages for breach of contract. The company planned to appeal the ruling; Cineworld's shares fell by 40% in the immediate aftermath of the ruling. In September 2022, it was reported that the United States Bankruptcy Court for the Southern District of Texas had denied the appeal, amid Cineworld's Chapter 11 bankruptcy . It
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#17328513152421650-638: The Sherman Antitrust Act if they did not provide first-run films to the Beverly Center. The first Cineplex location, an 18-screen complex in the basement of the Toronto Eaton Centre , earned a place in the Guinness Book of World Records as the world's largest cinema at the time of its opening. In July 1982 they opened their first theater in the United States, with a 14-screen multiplex in
1725-586: The United States . The Cineplex Odeon brand is still being used by Cineplex Entertainment at some theatres that were once owned by the Cineplex Odeon Corporation, with newer theatres using the Cineplex Cinemas ( French : Cinémas Cineplex ) brand. The company was the result of Cineplex Corporation in 1984 purchasing and merging with Canadian Odeon Theatres , which itself was the result of
1800-769: The economic recession of the early 2000s . In June 2001, Onex Corporation announced its intent to acquire Loews Cineplex; as part of the deal, Loews Cineplex would close 46 cinemas (including 25 in Canada), and Onex would acquire the company for $ 1.3 billion with Oaktree Capital Management as a partner. In November 2003, Loews Cineplex Entertainment's Canadian operations merged with Galaxy Entertainment as Cineplex Galaxy Income Fund. The U.S. operations of Loews Cineplex were divested in 2004 to several investors including The Carlyle Group . On June 13, 2005, Cineplex Galaxy Income Fund announced its acquisition of Famous Players from Viacom for CA$ 500 million (about US$ 397 million). This deal
1875-526: The "primary" venue of the event for major screenings) due to company policy, as the services do not adhere to industry-standard theatrical windows. ScreenDaily stated that this was "believed to be the first time an exhibitor’s position on theatrical windowing has affected scheduling at a major film festival". On September 23, 2024, the Competition Tribunal ordered Cineplex to pay a $ 38.9 million fine for deceptive marketing practices. Cineplex added
1950-401: The 1940s The Rank Organisation sought to expand into markets dominated by American companies. J. Arthur Rank became fifty-fifty partners with Nathanson on 24 November 1944. Paul Nathanson, Nathan Nathanson's son, became the president of Odeon following Nathan's death and served until he sold his 50% stake in the company to The Rank Organisation in April 1946. Odeon grew from 107 theaters at
2025-485: The 5th richest person in the world, became the first president of the resulting entity, Famous Player Canadian Corporation. In 1923, Famous Players bought out rival Allen Theatres, acquiring many buildings in the process. Odeon Theatres of Canada was established in 1941, before merging with the Canadian Theatres chain in 1978, becoming Canadian Odeon Theatres . In 1979, Garth Drabinsky and Nat Taylor created
2100-751: The Canadian market, AMC sold four of its Canadian cinemas to Cineplex, including the Yonge Dundas 24 at 10 Dundas East (Cineplex's original location and namesake), and the Forum in Montreal . The company also earlier acquired the Tinseltown Movies 12 theatre from another American chain, Cinemark , in the Gastown neighbourhood of Vancouver. Over the subsequent years, Cineplex expanded into advertising, events programming and
2175-500: The Cineplex Corporation and opened its first "Cineplex" theatre complex, in the Toronto Eaton Centre . Odeon merged with Cineplex in 1984 to form Cineplex Odeon Corporation , before being acquired by Loews Theatres in 1998, thereby becoming Loews Cineplex Entertainment . Galaxy Entertainment Inc. was established in 1999 by Ellis Jacob , a former chief operating officer of Loews Cineplex Entertainment , and Stephen Brown,
2250-843: The Cineplex banner). The company also owns Family entertainment centers under the brands The Rec Room and Playdium , the rewards loyalty program Scene+ (in partnership with Scotiabank and the Empire Company ), the e-commerce Cineplex Store, film distributor Cineplex Pictures and the digital advertising business Cineplex Media. Cineplex stakes a partial claim to the history of the Famous Players Film Company (later Paramount Pictures ), founded in 1912 by Adolph Zukor , as Cineplex's earliest predecessor; however, that company did not have any operations in Canada until 1920, when it bought Nathan Nathanson's Paramount Theatre chain, which Nathanson had established four years earlier. Nathanson,
2325-544: The VIP theatres albeit from a selection of beer or cider beverages. The current Chief Executive Officer and President of Cineplex Entertainment is Ellis Jacob . Alongside with Jacob are Jordan Banks who serves as a Facebook executive, Robert Bruce, Joan Dea, Ian Greenberg , the founder of Astral Media , Sarabjit S. Marwah, Anthony Munk, Edward Sonshine, Christopher Medlock, Robert J. Steacy and Phyllis Yaffe, who serves as its chair. The Motley Fool described Cineplex as having
Empress Walk - Misplaced Pages Continue
2400-531: The Xscape format, use the brand Cinescape Games. In January 2015, Cineplex announced The Rec Room , an entertainment restaurant chain similar to the U.S.-based chain Dave & Buster's . The Rec Room targets a young adult demographic, with its locations featuring restaurants and bars, arcade and recreational game areas, simulators, and an auditorium equipped with a cinema-style screen. Cineplex CEO Ellis Jacob explained that
2475-585: The adoption of a subscription service scheme similar to Regal and Cineworld) by the end of fiscal year 2020. The sale was approved by Cineplex shareholders in February 2020. Activist shareholder Bluebell Capital Partners called for the Canadian government to block the sale due to the COVID-19 pandemic , which in turn led to the temporary closure of all Cineplex properties for several months starting on March 16. In May, Cineplex stated that Cineworld planned to complete
2550-580: The bell/clock tower from the fire hall has been reconstructed and serves as the centrepiece for the park. Across the street, and connected via the TTC tunnel, are Mel Lastman Square , the North York Civic Centre , the North York City Centre office tower and Novotel . Next door, and connected via a passageway is the 5075 Yonge Street tower, with Scotiabank and Upper Madison College. In 2000,
2625-488: The case of Coliseum and Colossus, the unique architectural features of these theatres have been preserved), and Scotiabank Theatre in the case of Famous Players' Paramount cinemas. The Galaxy Theatres brand is primarily used by small and medium-market locations, although some have since been converted to the Cineplex Cinemas banner. Selected Cineplex locations offer including large-screen formats, motion seats, and VIP for
2700-461: The case was dismissed in 1948. Nathan attempted to hire Nat Taylor , but he rejected Taylor's demands and Taylor was instead hired by Famous Players to manage 25 theatres. Nicholas Schenck , the president of Loews , whose company owned Metro-Goldwyn-Mayer met with Nathanson, Fitzgibbons, Balaban, and other people in New York to allocate MGM films between Famous Players and Odeon months after Odeon
2775-652: The chain is meant to help the company diversify beyond its core cinema business in the wake of the growing streaming industry, The first location opened in Edmonton , Alberta on September 19, 2016, at the South Edmonton Common . A second location in Toronto, Ontario at Roundhouse Park opened in June 2017, followed by a third location at the West Edmonton Mall . The chain consists of 10 locations across Canada since
2850-422: The claims and made counter-allegations. The agreement with Cineworld included a condition that the latter would pay a penalty in case it decided to cancel the deal. In February 2021, CEO Ellis Jacob offered to temporarily convert Cineplex facilities into COVID-19 vaccination sites. In July, Cineplex started legal action against Cineworld claiming financial damages and Cineworld counter-sued. In December 2021,
2925-422: The company a $ 65 million line of credit before increasing it to $ 175 million over a ten-year period in 1987. The company's total screen ownership rose from 1,060 in 1985, to 1,501 screens in 1987, making it the largest theatre chain in North America. MCA Inc. acquired a 50% equity interest in the company for $ 219 million which allowed Cineplex to purchase the equity interest from its New York investors. In 1986,
3000-569: The company purchased the Loew chain of 222 screens for $ 325 million, RKO's chain of 97 screens for $ 169 million and taking on its $ 97.3 million of debt, Neighborhood Cinema Group 's 67 screens for $ 21 million, and Essaness Theatres ' 41 screens for $ 14.5 million. Walter Reade 's 143 screens were acquired for $ 32.5 million in 1987. The company's debt increased to $ 650 million by 1989, resulting in MCA and Claridge forcing Drabinsky's resignation on 1 December after he
3075-499: The company went public in order afford its expenditures and continue expanding. 3,653,573 shares were issued with 18.92% held by Max Tanenbaum, 15.89% held by Taylor, and 19.88% held by Andrew Sarlos. Only $ 3.85 million was raised and the stock price fell from $ 5 upon opening to between $ 2 and $ 2.50 in August 1983. The Ontario Securities Commission ordered the company to stop trading shares five months after it went public. The failure of
Empress Walk - Misplaced Pages Continue
3150-593: The condominium complexes in North York Centre including, Gibson Square, Ultima, Broadway. It initially proposed the development in the early 1990s, Toronto Centre for the Arts and other developments were already underway in North York at the time. In the mid-1990s, Menkes put forward a proposal for a mall and residential complex in the center of North York Centre. This move coincided with the 1998 Toronto amalgamation where
3225-865: The domestic box office. The company was formed in 2003 via the acquisition of Loews Cineplex 's Canadian operations (which included the assets of the former Cineplex Odeon chain) by Onex Corporation and Oaktree Capital Management , and its subsequent merger with Onex's Galaxy Entertainment —a chain of cinemas that was established in 1999 by former Cineplex Odeon executives, and operated primarily in smaller markets. The company subsequently acquired Famous Players from National Amusements in 2005, went public in 2011, and acquired Empire Theatres ' operations in Atlantic Canada and parts of Ontario in 2013. In December 2019, Cineplex agreed to be acquired by British exhibitor Cineworld Group for $ 2.8 billion, pending regulatory and shareholder approval, but Cineworld abandoned
3300-642: The end of 2004, only the Mississauga location remained, which permanently closed on November 1, 2020. The chain was relaunched with two Ontario locations in 2019: Brampton on September 16, retrofitting the Cineplex Odeon Orion Gate theatre, and Whitby on November 4. A third Playdium location opened in Dartmouth, Nova Scotia on February 20, 2021. Cineplex aims to have 10 to 15 Playdium locations across Canada. In 2022, Cineplex launched Cineplex Junxion,
3375-427: The end of 2021. Cineplex owns Playdium, an arcade and family entertainment centre chain focused on children and teens. The chain first launched in 1996 in Mississauga , Ontario . In 1997, Playdium partnered with Famous Players to operate arcades at its locations under the brand TechTown. It expanded to four locations by June 1999, including Toronto, Edmonton and Burnaby. The Toronto location closed in 2002, and by
3450-427: The film after securing a Canadian distributor. They felt it amounted to an effective "ban" of the film from Canada due to the company's scale. The film's co-director Cory Solomon also, along with other anti-abortion activists and religious groups, called for a boycott of Cineplex. The company later announced that it would— joining competitor Landmark Cinemas and a handful of independent cinemas — screen Unplanned with
3525-421: The film distribution outlet ceased operation in 1997 and the home video outlet a year later after MCA was renamed as Universal Studios . The company also operated Live Entertainment of Canada , which was established in 1989 after they acquired Pantages Theatre from Famous Players. Livent became an independent company after an internal conflict between Drabinsky and MCA. Cineplex Odeon had grown to become one of
3600-521: The incumbent provider with 105 locations, all which offer Pike Place Roast coffee (regular or decaf) and Tazo tea. Select locations also offer premium drinks such as caffè mocha or caramel macchiato . Tim Hortons is available as a full-service restaurant in five locations, with Brossard being the only location to offer both Tim Hortons and Starbucks. In most theatres, Cineplex offers sale of alcohol to 19+ patrons in Ontario (18+ in Alberta) similar to
3675-413: The industry's annual revenues. The key to the success of the two organizations was in large part due to their supply chain. Cineplex Odeon had exclusive first-run rights to films made by Columbia and Universal Studios , which allowed them to seize a hefty market share. Controversy surrounded the practices of both Cineplex Odeon and Famous Players in 1998. The two companies had been accused of operating as
3750-669: The investigators rather than face trial in 1983, and they altered their theatrical distribution policies causing Cineplex to have better access to first-run films. After successfully winning a legal challenge against the Famous Players/Canadian Odeon duopoly and their exclusive contracts with major studios, Cineplex acquired Odeon on 28 June 1984, for $ 22 million and taking on Odeon's $ 35 million in debt. This increased its property ownership to 143 theatres, 383 screens, and 29 drive-in theatres. A lease with Landmark Cinemas in February 1985 added 22 screens. The Bronfman family
3825-436: The largest film exhibitors in North America by 1993, with 1,630 screens and operations in 365 locations within North America. At this point, Cineplex Odeon accounted for roughly 8% of box office revenues in North America, competing mostly with Famous Players in the Canadian market. Cineplex Odeon and Famous Players were two dominant forces in the Canadian film industry, with both organizations accounting for roughly two-thirds of
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#17328513152423900-560: The later builds have been designed as redemption -oriented refurbishments or conversions of existing space. In 2017, Cineplex began to expand the Xscape brand internationally, beginning with two standalone Xscape arcades at the Mall of America in Bloomington, Minnesota . Cineplex arcades in Prince Edward Island and Newfoundland and Labrador , and at other locations that have not adopted
3975-575: The name of its operating subsidiary Cineplex Galaxy LP to Cineplex Entertainment LP, to reflect their expanded operations. On March 31, 2006, Cineplex sold seven more theatres in Quebec to Chelsea-based Fortune Cinemas. On June 29, 2007, Cineplex Entertainment announced its purchase of three Cinema City theatres in western Canada, consisting of two theatres in Winnipeg and one in Edmonton. As Cineplex no longer held
4050-645: The newly built Beverly Center in Los Angeles, the largest in the US at the time. Also in 1982, the company listed on the Toronto Stock Exchange . Cineplex was not financially successful and its debt rose to $ 24.6 million by the end of 1982 due to loans taken out with 22% interest rates. In September 1982, Pan-Canadian Film Distributors, Tiberius Productions, Toronto International Studios, Cineplex Theatres, and other companies were combined into Cineplex Corporation and
4125-530: The opening of its first theatre. The company received financial backing from the Bronfman family , Cadillac Fairview 's chair and chief executive officer John H. Daniels, and received a $ 1 million line of credit from the Toronto-Dominion Bank . The company grew to 202 theatres by July 1983. Taylor and Drabinsky also founded Pan-Canadian Film Distributors. Drabinsky threatened to sue American companies under
4200-684: The preferred partner. On January 1, 2014, Cineplex acquired a 50% stake in Yoyo's Yogurt Café. As of January 2017, 77 Cineplex theatres feature Yoyo's restaurants, while Yogen Fruz is still available in 23 Cineplex theatres while TCBY is available in 16 locations. Beverages are available in both cold and hot formats. Cold beverages include the Coca-Cola lineup, which replaced the Pepsi lineup used at locations formerly owned by Famous Players. 12 locations feature Coca-Cola Freestyle . Hot beverages include Starbucks as
4275-406: The property was acquired by RioCan REIT , a Canadian real estate investment trust. Cineplex Entertainment Cineplex Inc. (formerly Cineplex Entertainment and Cineplex Galaxy ) is a Canadian operator of movie theater and family entertainment centers , headquartered in Toronto. It is the largest cinema chain in Canada; as of 2019, it operated 165 locations, and accounted for 75% of
4350-568: The public venture resulted in Sarlos and Tanenbaum resigning from the board of directors and Barry Zuckerman, a principal shareholder, made a $ 1 million write-down for his investments. Drabinsky and Myron Gottlieb, vice-chair of the board, increased their share of the risk and the Beverly Center was sold to TTI Movies Limited Partnership for $ 4.33 million. The company almost fell into receivership . An investigation into multiple distributors in Canada
4425-522: The remainder by taking on debt. Combined with its ownership of the 564-location Regal Cinemas chain in the United States (which it had acquired the previous year), the sale would have made Cineworld the largest cinema chain in North America. Cineworld stated that it planned to integrate Cineplex's operations with those of Regal, while maintaining Cineplex's banners for its Canadian operations. The company also stated that it planned to reach $ 120 million in cost efficiencies and revenue synergies (including
4500-483: The rest of the board resigning in protest. Holt and Ross, who left alongside Nathanson, returned with him. Zukor agreed to give control of the company back to Nathanson after the expiration of the voting trust on 8 March 1939. Barney Balaban replaced Zukor as president of Paramount-Publix Corporation in 1936, and rejected the agreement. Nathanson resigned from Famous Players on 14 May 1941, and Balaban selected J.J. Fitzgibbons to replace him. Nathanson worked on creating
4575-588: The rights to the branding, the Paramount Theatres locations were rebranded as Scotiabank Theatre as part of a joint venture with Scotiabank to launch a new loyalty program . With the bankruptcy of Fortune Cinemas, Cineplex Entertainment acquired (or in this case, re-acquired) some of Fortune Cinemas theatres. The Starcité Gatineau (Starcité Hull) and the Cavendish theaters were reopened as Cineplex Entertainment theatres. In June 2012, as part of its exit from
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#17328513152424650-514: The sale by June 2020, provided that it received federal approval under the Investment Canada Act , and that it met the terms of the sale agreement (including its debt not exceeding $ 725 million). On June 12, 2020, Cineworld abandoned the purchase, alleging that Cineplex had engaged in conduct that breached unspecified terms of the sale, and that the company had experienced a "material adverse effect" of an unspecified nature. Cineplex denied
4725-401: The sale in June 2020 due to unspecified breaches of the sale terms. The company operates cinemas across Canada, primarily under the brand Cineplex Cinemas . Some flagship locations operate as Scotiabank Theatre , while some locations use brands carried over from its corporate predecessors (such as Famous Players, SilverCity, Odeon, and Galaxy, although some of them have since been converted to
4800-399: The same year. After the merger, the company ceased to exist and was merged into the operations of Loews Cineplex Entertainment. In 1999, Ellis Jacob and Steve Brown, former executives who left Cineplex Odeon Corporation during the ownership change, created Galaxy Entertainment designed to bring big-city entertainment to mid-sized markets across Canada. In 2001, Loews Cineplex Entertainment,
4875-493: The surrounding cities and one borough became part of the City of Toronto. While controversial, many districts such as North York prospered in the years following the move. Empress Walk was built as part of Mel Lastman's bid to create a downtown in North York to rival Toronto 's. Empress Walk remains a hub of activity, while also spurring on new condominium projects being built north and south of it today. Its residential building, which
4950-401: The time of Rank's acquirement in 1946, to 180 theatres by 1948. Earl Lawson , a former parliamentarian and member of Prime Minister R. B. Bennett 's cabinet, was selected to replace Paul as president in 1946. The board under Rank included president of Canadian Pacific Railway D.C. Coleman, president of Imperial Oil R.V. LeSueur, and Rank lawyer Leonard Brockington . Leonard Brockington
5025-503: Was a major investor in the Odeon purchase. Drabinsky fired two-thirds of the staff at the head-office and the remainder had their salaries cut. By 1984, the company had a profit of $ 12 million. From 1985 to 1986, profits rose by 153% to $ 31.6 million. Merrill Lynch predicted that by 1988, the company's revenue would be above $ 659 million. The company paid USD$ 2.3 million for the worldwide distribution rights for The Glass Menagerie which
5100-813: Was also reported by The Wall Street Journal that Cineplex was exploring the possibility of a separate merger with Regal. Cineplex's flagship banners include Cineplex Cinemas ( French : Cinémas Cineplex in Quebec), with some older locations still using the previous "Cineplex Odeon" branding, and Scotiabank Theatre . Cineplex Junxion was announced as a new cinema banner in 2019; these locations feature expanded arcade, restaurant, and live entertainment areas in addition to traditional cinema auditoriums. Selected banners originating from Famous Players are still used by some locations, such as Famous Players and SilverCity ( French : StarCité in Quebec), but these banners, as well as others (such as Coliseum and Colossus) have been largely replaced by Cineplex Cinemas (although in
5175-537: Was appointed as president following Lawson's death in 1950. Rank controlled Odeon until January 1977, when they sold it, as Rank had stopped its activities in film production, to Michael Zahorchak for $ 31.2 million. Zahorchak combined his chain of 47 theatres with Odeon's 131 theatres. He died in 1982, leaving control of the company to his family. The Zahorchak family sold the company to the Cineplex Corporation on 28 June 1984. Taylor and Garth Drabinsky formed Cineplex in 1977, and started operating in April 1979 with
5250-400: Was completed at the same time as the retail complex, was for decades one of the tallest buildings in North York until being surpassed by newer developments such as the Hullmark Centre. Empress Walk and other major developments in the nearby area meant North York Centre became a second central business district for the City of Toronto from the 1990s onwards. The plans for Empress Walk meant that
5325-482: Was completed on July 22, 2005. To satisfy antitrust concerns, on August 22, 2005, the group announced the sale of 27 locations in Ontario and western Canada to Empire Theatres . On June 21, Loews Cineplex announced that it would merge with AMC Theatres . While AMC Theatres also operated in Canada and was ranked third behind Cineplex Galaxy and the enlarged Empire Theatres, Cineplex Odeon and AMC Theatres remained competitors. In October 2005, Cineplex Galaxy changed
5400-414: Was formed. Famous Players retained MGM's films, but they would be distributed by Regal films. Theatre construction fell during World War II with nine theatres being built between 1941 and 1944 due to a ban on constructing entertainment facilities. Odeon expanded their amount of theatres from 107 to 180 between 1946 and 1948. Odeon and Famous Players accounted for 60.8% of box-office receipts in 1947. In
5475-647: Was launched by the Department of Consumer and Corporate Affairs against 20th Century Fox , Astral Films Limited , Columbia Pictures , Paramount Pictures, United Artists , Universal Pictures , and Warner Bros. under the Combines Investigation Act in the 1980s. An application with the Restrictive Trade Practices Commission was filed on 22 December 1982, by the director of investigation and research. The distributors negotiated with
5550-490: Was recovered by selling the home video rights to MCA. The company's subsidiary in the United States purchased Plitt Theatres , the fourth-largest theatre chain in the country, for $ 136 million on 15 August 1985, which added 574 screens and 209 theatres. A New York investor group financed the Plitt Theatres purchase through a 50% partnership and the company reported record financial results in 1985. The Bank of America gave
5625-635: Was unable to raise $ 1.1 billion. The company was listed on the New York Stock Exchange in May 1987. They acquired 20 Circle Theatres in Washington DC and Maryland with 75 screens for $ 51 million in December 1987. In 1986, the corporation established a film distribution outlet, Cineplex Odeon Films , and a home video distribution outlet, Cineplex Odeon Home Video (Later Cineplex Odeon Video) replacing Pan-Canadian Video Presentations. It distributed all titles in Canada on MCA's behalf, but
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