Cineplex CEO Ellis Jacob told shareholders his Canadian movie chain will not reclose theaters as Hollywood tentpoles continue to be delayed to 2021 or get streaming releases amid the pandemic. "We're in a positive position from the theaters being open," Jacob, who is also chairman of the National Association of Theatre Owners, which represents major cinema chains, told Cineplex's virtual annual shareholders meeting on Tuesday.
Jacob responded to a shareholder question on Cineplex's plans should Warner Bros. delay Wonder Woman 1984 to 2021 after rival chains chose to go dark after MGM pushed the James Bond follow-up No Time to Die to next year. "As of late last evening, Wonder Woman is still dated for Christmas.
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