While moviegoers flocked to testosterone epics 'Top Gun: Maverick' and the latest 'Doctor Strange' over the summer, the head of Cineplex Inc. says he's certain the romantic comedy is due for a comeback on the big screen.
While moviegoers flocked to testosterone epics "Top Gun: Maverick" and the latest "Doctor Strange" over the summer, the head of Cineplex Inc. says he's certain the romantic comedy is due for a comeback on the big screen.
“I've had discussions with studios and a lot of them are saying that's going to be a focus,” he said of mid-tier movies as Cineplex reported its first quarterly profit since the start of the pandemic. So did "Top Gun," an unprecedented mega-budget blockbuster with mass appeal, which became Cineplex's most popular title of the second quarter. It helped drive profits to $1.3 million, or two cents per share, for the three months ended June 30.
Moviegoer attitudes have changed since then, Jacob said, which has proven itself in the results. Revenue was also up to $349.9 million from $64.9 million the prior year.
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