Cineplex CEO Talks 'Wonder Woman 1984' Delays, Cineworld Litigation, "Forced" Theater Closures
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.