Cineplex Entertainment
TSX : CGX.UN

November 17, 2005 10:30 ET

New Galaxy Cinema Planned for Collingwood, Ontario To Open in Fall 2006

TORONTO, ONTARIO--(CCNMatthews - Nov. 17, 2005) - Cineplex Entertainment (TSX:CGX.UN) announced today the development of a seven screen entertainment complex at First Street and Highway 26 in Collingwood, Ontario. The 26,000 square foot state-of-the-art Galaxy Cinema will start construction in the spring of 2006 and will open to the public in the Fall of 2006. Galaxy Cinemas are huge community supporters and are very involved in their local communities raising money for various charities on an on-going basis. It is this local focus which distinguishes the Galaxy brand from others.

At a press conference this morning at the Collingwood Public Library, Mayor Terry Geddes and Cineplex Entertainment Executive Vice President, Dan McGrath announced the new project and "cemented" the plans with a unique photo opportunity, capturing their hand prints in cement. The hand prints will form part of the sidewalk outside the theatre when it opens next Fall. The event was attended by Collingwood business people, Town Councillors and local media.

"We're always excited to announce a new theatre and Cineplex Entertainment is particularly thrilled to be announcing this project in Collingwood," said Pat Marshall, Vice President Communications and Investor Relations. "Collingwood has evolved into a premiere four-season resort destination. We're very pleased to bring Collingwood its own state-of-the-art cinema which is a wonderful addition to the high quality vacation facilities in the area. We know residents and visitors alike will enjoy the Galaxy Cinemas Collingwood entertainment experience."

"The town of Collingwood is pleased to welcome Cineplex Entertainment to the Collingwood community. I know theatre buffs are going to be ecstatic with the quality of the movie industry technology that we will have in Collingwood," said Mayor Terry Geddes. "They are the leaders in Canadian out-of-home entertainment and have a great reputation for supporting all kinds of community initiatives."

Patrick Coulter, the real estate partner for the development, was unable to attend but said prior to the event, "I'm looking forward to working with Cineplex Entertainment on this project. The community of Collingwood is really going to enjoy having an entertainment destination in this location."

Galaxy Cinemas Collingwood will offer more than just movies. With large luxury seats, ample legroom, and all stadium-seating (each seat row being 18" higher than the previous row) each auditorium will feature wall-to-wall, giant curved screens and Dolby Digital Surround Sound. A Zero Gravity Family Entertainment Centre will be located off the spacious lobby and can be accessed without a movie ticket.

Whether guests prefer the traditional popcorn, candy and soft drinks or more elaborate offerings, the concession stand will offer a wide range of options. As well, a Yogun Fruz frozen dessert bar will serve up several no-fat and low-fat yogurts and premium ice creams.

About Cineplex Entertainment LP:

Cineplex Entertainment LP owns, operates or has an interest in 130 theatres with 1,270 screens (after giving effect to the 7 theatres and 80 screens in Quebec to be divested pursuant to a consent agreement with the Canadian Commissioner of Competition) and is the largest motion picture exhibitor in Canada. Headquartered in Toronto, Canada, the company operates theatres with the following six top-tier brands: Cineplex Odeon, Coliseum, Colossus, Famous Players, Galaxy and SilverCity. Proudly Canadian, Cineplex Galaxy Income Fund, which owns approximately 50.5% of Cineplex Entertainment LP, is a public company traded on the Toronto Stock Exchange under Cineplex Galaxy Income Fund (symbol CGX.UN). More information can be found at www.cineplex.com or at www.famousplayers.com.

Contact Information

  • Cineplex Entertainment LP
    Pat Marshall
    Vice President Communications and Investor Relations
    416-323-6648
    Pat.Marshall@cineplex.com