"Our second quarter results were severely impacted by COVID-19, resulting in substantial decreases when compared with last year," Cineplex chief executive Ellis Jacob said Friday.
The quarter offers a snapshot of how deeply COVID-19 hurt the company, which had been preparing to be purchased by another company until their $2.8-billion friendly deal fell apart in June. "As we navigate through these unprecedented times we will continue to take bold action in a variety of areas and make those tough but required decisions," Jacob warned.
At the concession stand, which was once a boon for Cineplex, fewer foods are on offer and toppings, utensils and napkins are only available by request. Cineplex is instead screening films that were out before the pandemic, classics and a handful of new releases like "Unhinged" and "Spongebob: Sponge on the Run."
Who cares.. let's concentrate on the important issues CTV..gawd
Where else will i spend $68 bucks to eat popcorn and wine gums. Damn.
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