# New Cineplex CEO Talks Hunt For Possible Buyer: “We’re Exploring Different Options”

- URL: https://talkfuse.com/story/new-cineplex-ceo-talks-hunt-for-possible-buyer-were-exploring-different-options/
- Published: 2026-11-06T17:44:15+00:00
- Updated: 2026-11-06T18:48:55+00:00
- Original publisher: The Hollywood Reporter
- Original article: https://www.hollywoodreporter.com/business/business-news/cineplex-third-quarter-1236749445/
- Topics: Americas, Art, Business, Companies, Culture, World

## Key points

- Cineplex is weighing a sale among several strategic options.
- Quarterly revenue rose 26 per cent to a record CAN$440 million.
- Its previous Cineworld takeover deal fell through during the pandemic.

## Summary

Cineplex’s new chief executive, Bill Walker, says the Canadian cinema chain is considering a broad range of strategic options, including a possible sale, as it seeks to increase shareholder value. He gave no details or timetable, saying the review will also consider continuing as a privately or publicly owned Canadian company.

The review comes as Cineplex reports a strong third quarter: revenue rose 26 per cent to a record CAN$440 million, while net income reached CAN$23.8 million, compared with CAN$1.2 million a year earlier. Attendance also rose 26 per cent to 14.8 million; the company operates 1,606 screens at 156 Canadian locations. A previous sale to Cineworld, agreed in 2019 for $2.1 billion, was abandoned during the pandemic, and Cineplex was unable to collect damages awarded after the deal collapsed.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.