For those who go to a movie show in Canada, likelihood is it’s at a Cineplex. In any case, they personal roughly 75% of all film theaters in Canada…
And that's not so unhealthy, particularly since their SCENE rewards program makes it straightforward to see free films.
Nonetheless, an enormous change is on the horizon.
Cineplex being bought to Cineworld
In a deal that has been lately introduced, British-owned Cineworld is shopping for Cineplex for 1.65 billion in money.
Cineworld is the 2nd largest theater operator on the planet, They usually're clearly nonetheless seeking to develop – 2 years in the past they acquired Regal Cinemas within the U.S. for 3.6 billion.
So what does all of it imply for us film goers? Effectively, this was solely simply introduced, so we don’t have any concrete particulars. And because the deal nonetheless wants Canadian Regulatory approval, it could be a while till the precise altering of palms goes via.
The most important questions, like whether or not they’ll be closing or revamping any present theaters, or possibly even increasing, stay to be seen.
What concerning the SCENE program?
The largest query on our minds is what occurs to the SCENE program – and what concerning the
Once more, nothing has been talked about about this but :. This a part of the acquisition is extra sophisticated, because the SCENE program is a three way partnership between Cineplex and Scotiabank.
Will this system stay as is, are adjustments coming, or will Cineworld merely launch a brand new program? It's all very a lot up within the air.
So, stayed tuned. Once we hear extra about what is going to change into of the SCENE program, we'll let you recognize.
In case you have the Scotiabank SCENE Visa
So, should you do have the
Nonetheless, should you do really feel prefer it's time to get a brand new card, take our Problem that will help you discover that excellent card.
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Plus as much as 4% money again.
Ends December 18, 2019.
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