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Cineplex Inc
Symbol CGX
Shares Issued 63,333,238
Close 2019-09-16 C$ 25.84
Recent Sedar Documents

Cineplex to open Rec Room, VIP Cinemas in Montreal

2019-09-17 09:45 ET - News Release

Mr. Ellis Jacob reports

CINEPLEX ANNOUNCES QUEBEC'S FIRST LOCATION OF THE REC ROOM AND NEW VIP CINEMAS COMING SOON TO ROYALMOUNT IN MONTREAL

Cineplex Inc., in partnership with Carbonleo and its partner L Catterton Real Estate (LCRE), have made plans to open two new entertainment destinations as part of the Royalmount development on the Island of Montreal, which includes Quebec's first location of The Rec Room as well as a new VIP Cinemas. The new location of The Rec Room will offer incredible dining, exciting live entertainment, amusement gaming experiences and feature attractions, all under one roof. The new VIP Cinemas theatre will offer a luxurious and fully licensed movie-going experience exclusive to Cineplex for adults 18 and over. Both new locations are scheduled to open in 2022 and will provide guests with an exciting new range of options where they can relax, socialize and enjoy a night out with friends.

"While Quebec moviegoers are already familiar with the VIP Cinemas experience, The Rec Room will be a new social playground where guests can eat, drink and play, and we could not be more excited to announce our first location in Quebec at Royalmount in Montreal," said Ellis Jacob, president and chief executive officer, Cineplex. "I want to thank the deputy premier and Minister of Public Security, Genevieve Guilbault, as today's announcement is a direct result of recent regulatory amendments spearheaded by the minister and her team."

The Rec Room at Royalmount

Spanning approximately 40,000 square feet over two floors and an outdoor patio, The Rec Room at Royalmount will strike the perfect balance of food and fun. Approximately half of the space will be devoted to dining and live entertainment, and the other half devoted to amusement games and feature attractions. With multiple dining options, The Rec Room will have something on the menu for everyone, including an upscale casual dining area offering a selection of shareables and handcrafted dishes as well as a quick-service dining option where guests can order an assortment of delicious, on-the-go foods to eat while they play. The new and highly anticipated location will also include multiple bars throughout the space that offer a selection of craft beer, wines and specialty cocktails. With private dining rooms for celebrations, meetings, team building, corporate events and parties, The Rec Room will be the ideal spot to book for private events.

In addition to great food and beverage offerings, The Rec Room will have a massive attractions area where gamers of all ages can play and earn credits on over 100 amusement games to redeem for a variety of great prizes. Guests can play classic favourites like air hockey, pool and Ping-Pong, lace up for some boutique bowling or enjoy the latest in immersive virtual reality experiences. The Rec Room at Royalmount will also feature a live performance space, where guests can look forward to bands and musical acts, comedy, trivia, karaoke and live DJs. And, of course, the new complex will offer an overall guest experience that integrates the latest in technology, coupled with Scene, Canada's leading entertainment rewards program.

VIP Cinemas theatre

Located just steps away from The Rec Room, the new VIP Cinemas theatre at Royalmount will feature five luxury auditoriums where adult movie-lovers can relax in plush recliners and have their food and beverage orders delivered right to their seats. The new theatre will also have a fully licensed lounge where guests can socialize with friends and enjoy food and drink before and after a movie. Guests can choose from an expanded food and beverage menu that includes fresh salads and bowls, burgers, artisanal pizzas, plant-based dishes, indulgent desserts, and a wide selection of handcrafted cocktails, wines and craft beers. The VIP Cinemas menu will also include Cineplex's famous popcorn as well as other traditional concessions.

"We are thrilled to be a partner of choice for Cineplex, a company that is renowned across the country for its innovative experiences. Their decision to select Royalmount for the launch of The Rec Room -- a superior dining, entertainment and amusement experience, and first-of-its-kind location in Quebec -- demonstrates their confidence in this landmark destination for unique, new and exciting experiences in Montreal," said Claude Marcotte, executive vice-president and partner, Carbonleo. "With its dynamic culture and selection of best-in-class attractions, including The Rec Room and VIP Cinemas, Royalmount will be an urban hub that beautifully complements the city's already dynamic profile."

Located in Mount Royal at the intersection of Highway 15 and Highway 40, The Rec Room and VIP Cinemas at Royalmount will be built with the support of Carbonleo as part of its new, visionary and eco-elegant sustainable project in Montreal. Construction on both complexes is scheduled to begin in 2021, with a target opening of 2022.

Cineplex currently operates 165 theatres across Canada, including 20 theatres and one VIP Cinemas in Quebec. The province's first VIP Cinemas opened at Cineplex Odeon Brossard Cinemas and VIP in 2012, and has been a sought-after entertainment option for adult movie-lovers. The company also operates seven locations of The Rec Room across Canada, including South Edmonton, West Edmonton Mall, Calgary, Toronto, London, Mississauga and St. John's, with locations opening soon in Burnaby, Winnipeg, Barrie and Vancouver.

About Cineplex Inc.

Cineplex is a top-tier Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. A leading entertainment and media company, Cineplex welcomes over 70 million guests annually through its circuit of theatres and location-based entertainment venues across the country. In addition to being Canada's largest and most innovative film exhibitor, Cineplex also operates successful businesses in digital commerce, food service, alternative programming, cinema media, digital place-based media, amusement solutions and an on-line e-sports platform for competitive and passionate gamers.

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