Business
Cineplex Responds to Federal Court of Appeal Decision
TORONTO, Jan. 23, 2026 (GLOBE NEWSWIRE) -- (TSX: CGX) – The Federal Court of Appeal has up...
About this update from Cineplex Inc.
[{"type":"text","content":"Cineplex Responds to Federal Court of Appeal Decision\nTORONTO, Jan. 23, 2026 (GLOBE NEWSWIRE) -- (TSX: CGX) – The Federal Court of Appeal has upheld the Competition Tribunal’s September 2024 decision related to Cineplex’s presentation of its online booking fee, including the $39 million administrative monetary penalty. Cineplex, Canada’s leading entertainment and media company, issued the following statement in response to the Federal Court of Appeal’s decision: “We respectfully disagree with the Federal Court of Appeal’s decision. We continue to believe that our online booking fee has always been presented in a clear and prominent manner that fully complies with the spirit and letter of the law. We have reviewed the Federal Court of Appeal’s decision and will seek leave to appeal to the Supreme Court of Canada.” 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 171 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 an entertainment concept that brings movies, amusement gaming, dining, and live performances together under one roof (Cineplex Junxion). It also operates successful businesses in cinema media (Cineplex Media) alternative programming (Cineplex Events) and motion picture distribution (Cineplex Pictures). 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. To learn more, visit Cineplex.com. Caution Regarding Forward-Looking Statements Certain statements and/or information in this news release (identified by words such as “may”, “will”, “could”, “should”, “would”, “su...