Advertisement Login/Register With: Facebook Photo: CBC To be fair, we should point out that in 2017, revenues for movie house owners in Canada and the United States reached a rather impressive US$11.1 billion. Taking that as a glass of water being more than half full, Vince Guzzo (pictured above), the President and CEO of Guzzo Cinemas and the newest Dragon on CBC’s Dragons’ Den, has announced he’s actively exploring the expansion of his namesake company beyond his home province of Quebec. More specifically he’s looking into other markets including major Canadian business hubs like Vancouver and Calgary. READ MORE Vince Guzzo, the President and CEO of Guzzo Cinemas and the newest Dragon on CBC’s entrepreneurially-focused show, Dragons’ Den, announces he’s actively exploring the growth and development of his business enterprises across Canada, given his exceptional successes in his home province of Quebec. Expanding into other markets, including major Canadian business hubs like Vancouver and Calgary, will allow Guzzo to take advantage of the broad economic opportunities available in other parts of the country.Guzzo owns and operates Guzzo Cinemas, the largest chain of independent movie theatres and IMAX screens in Quebec and the third largest in Canada, with ten current locations and two more slated for opening in 2019. The powerful entrepreneur has recently brought his business acumen and eccentric style to the forefront of the Canadian media landscape in his role as a Dragon on CBC’s 13th season of Dragons’ Den, one of the country’s most beloved and well- watched television programs for the better part of a decade. READ MORECurtain Up for Vince GuzzoIn the age of online streaming services like Netflix, Prime or Crave, there are persistent rumours about the tough times for cinema chains. In March of last year for example, Variety opened an article on the subject with this sentence: “Anyone in the movie business who tells you they’re not scared stiff about the future is probably lying.” So, any news of expansion in the film exhibition business has to be accepted as good news.
LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Advertisement Twitter