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AGORACOM Wire - Wednesday February 15th, 2012

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Message: NEWS -- Cineplex Entertainment Eliminates Processing Fees for Online Ticket Sale

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Re: NEWS -- Cineplex Entertainment Eliminates Processing Fees for Online Ticket

in response to Re: NEWS -- Cineplex Entertainment Eliminates Processing Fees for Online Ticket by hammerhead

posted on Apr 28, 08 04:51AM

Hi Hammerhead, your fears are not substantiated. i have spoken to Cineplex Mgt. and this move is a strategic move to increase the online ticket flow and stregthen their relationship with RPS. Revenues do not change in respect to RPS fees, but to increase the value to the consumer and the online community now tickets prices for online purchases will be the same as lining up for the box office..

The growth and potiential from RPS has been great but so has dilution to finance these moves. IMO once the financings and dilution take a break we will see the SP reflect a much stronger business.

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