Ellis Jacob

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Ellis Jacob
Ellis Jacob at the 2018 CFC Annual Gala & Auction (26431554078).jpg
Jacob in 2018
Born1953 (age 7071)
NationalityCanadian
Alma mater McGill University
Schulich School of Business
York University
Occupation(s)President and CEO of Cineplex Entertainment
Years active1987-present
Known forCEO of Cineplex Entertainment
SpouseSharyn Jacob [1]
ChildrenLauren & Resa [2]

Ellis Jacob CM OOnt (born 1953) is a Canadian business executive who serves as the president and chief executive officer of Cineplex Entertainment.

Contents

Since 1987, he has been involved in the movie theatre industry. He was the founder of Galaxy Entertainment Inc. in 1999 and has been the President and CEO of Cineplex Galaxy since November 2003. Under his leadership, he opened several movie theatres along with the expansion of arcades, restaurants and e-sports.

Early life

Jacob was born in 1953 in Calcutta, West Bengal, to Syrian-Iraqi Jewish parents, Raymond and Tryphosa. [3] [4] [5] He and his family immigrated to Canada in 1969 to attend his sister's wedding and remained there since. [6]

Career

Early years

His first career as a businessperson began at Ford Motor Company of Canada and Motorola. [7] [8]

Cineplex Odeon Corporation

Ellis Jacob's entry into the film exhibition business took place in October 1987 when he joined Cineplex Odeon Corporation as its chief financial officer. [8] Under his role, he helped bring the upstart movie chain back from the brink by 1993, and was promoted to chief operating officer in 1996. [8]

In 1998, he left Cineplex Odeon after the company merged with Loews Theatres to form Loews Cineplex Entertainment. [2]

Galaxy Cinemas and Cineplex Entertainment

After leaving Cineplex Odeon, Jacob served as the head of integration of Alliance Atlantis who merged two companies in 1998. [9] Shortly in October 1999, Jacob and Gerry Schwartz (CEO of Onex Corporation) founded Galaxy Cinemas with their mission to build 20 theatres in small and medium-sized cities across Canada. [10]

On November 26, 2003, Jacob became the CEO of the newly merged Cineplex Galaxy Income Fund which consisted of Galaxy Cinemas and the Canadian assets of the restructured Loews Cineplex which brought the chains to 86. [9] [11] In June 2005, Cineplex Galaxy acquired Famous Players from National Amusements, under Jacob's watch, doubled its size. [12]

Since the 2010s, Jacob began expanding several concepts beyond movie theatres such as the launch of The Rec Room and foraying into eSports and Digital Media.

Personal life

Jacob is married to Sharyn, with whom he has 2 daughters named Lauren and Resa. [1] [2] He speaks Hindi, English, French, and many other dialects. [6]

On March 14, 2013, Jacob opened the family theatre in his mother's honor at the Baycrest Health Sciences in North York. His mother, who died in 2010, was a resident there. [4]

Awards and honors

Related Research Articles

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Loews Cineplex Entertainment, also known as Loews Incorporated, was an American theater chain operating in North America.

<span class="mw-page-title-main">Cineplex Odeon Corporation</span> Former theatre company

Cineplex Odeon Corporation was one of North America's largest movie theatre operators and live theatre, with theatres in its home country of Canada and the United States. The Cineplex Odeon brand is still being used by Cineplex Entertainment at some theatres that were once owned by the Cineplex Odeon Corporation, with newer theatres using the Cineplex Cinemas brand. The company was the result of Cineplex Corporation in 1984 purchasing and merging with Canadian Odeon Theatres, which itself was the result of a merger between Canadian Theatres and Odeon Theatres of Canada in 1978.

<span class="mw-page-title-main">AMC Theatres</span> American movie theater chain

AMC Entertainment Holdings, Inc. is an American movie theater chain founded in Kansas City, Missouri, and now headquartered in Leawood, Kansas. It is the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal Cinemas and Cinemark Theatres.

<span class="mw-page-title-main">Cineplex Odeon Films</span> Motion picture distribution unit

Cineplex Odeon Films was the film distribution unit of the Canadian cinema chain Cineplex Odeon Corporation. The company was originally named Pan-Canadian Film Distributors. In 1998, the company was purchased by Alliance Communications, whose film unit was merged into Alliance Atlantis, split from the company in 2007 as Alliance Films, and folded into Entertainment One, currently a subsidiary of Lionsgate Studios Corp.

Odeon Cinemas Limited, trading as Odeon, is a cinema brand name operating in the United Kingdom, Ireland and Norway, which along with UCI Cinemas and Nordic Cinema Group is part of the Odeon Cinemas Group subsidiary of AMC Theatres. It uses the famous name of the Odeon cinema circuit first introduced in Great Britain in 1930. As of 2016, Odeon is the largest cinema chain in the United Kingdom by market share.

<span class="mw-page-title-main">Rainbow and Magic Lantern Cinemas</span> Canadian Cinéma chain

Magic Lantern Theatres is a chain of 11 movie theatres in Canada. Three of these locations are Rainbow Cinemas discount theatres. Magic Lantern Theatres was founded in 1984 in Edmonton, Alberta, while Rainbow Cinemas was founded in the early 1990s in Saskatoon, Saskatchewan. The two chains merged and are now based in Edmonton. In May 2016, a strategic decision was made to sell all of the Ontario cinemas to Imagine Cinemas, except for the Cobourg location. Magic Lantern and Rainbow operate 43 screens, and the combination is the fourth largest movie chain across Canada behind Cineplex Entertainment, Landmark Cinemas and Imagine Cinemas.

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Cineplex Inc. is a Canadian operator of movie theater and family entertainment centers, headquartered in Toronto. It is the largest cinema chain in Canada; as of 2019, it operated 165 locations, and accounted for 75% of the domestic box office.

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Empire Theatres Limited was a movie theater chain in Canada, a subsidiary of Empire Company Ltd., the holding company of the Sobey family conglomerate.

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Landmark Cinema of Canada Inc. is a Canadian cinema chain. Based in Calgary, Alberta, Landmark operates 36 theatres with 299 screens, primarily in Ontario and western Canada. Its holdings include much of the former Empire Theatres chain which it acquired in late 2013, and some Famous Players locations divested as part of that chain's purchase by Cineplex Entertainment. Landmark is the second-largest cinema chain in Canada after Cineplex. It was acquired by Belgian company Kinepolis in 2017 for $123 million.

<span class="mw-page-title-main">MovieTickets.com</span> Movie ticket sales website

MovieTickets.com is an online movie ticketing website founded by AMC Theatres and Hollywood.com in 2000; CBS Corporation, Famous Players, and National Amusements all came on board prior to launch; and it is now a subsidiary of Fandango Media. MovieTickets.com provides movie times for all theaters, and online ticket purchasing for all Clearview Cinemas and National Amusements theaters, among other smaller chains; such as Mann Theatres in Los Angeles. In 2010, MovieTickets.com sold over 16 million tickets for over 200 exhibitors, with 14,000 screens.

The Park Theatre is a neighbourhood movie house on Cambie Street in Vancouver, British Columbia. Opened in 1941, it has passed through several owners, including Odeon Theatres, Famous Players and Alliance Atlantis Cinemas, and in 2005 was renovated and became part of the Festival Cinemas chain. It was acquired by Cineplex Entertainment in 2013 after the Festival chain ceased operations.

The Odeon Theatre Toronto was a movie theatre located at 20 Carlton Street in Toronto, Ontario. Designed by architect Jay English and operating between 1949 and 1973, the theatre was the Canadian flagship of Odeon Cinemas and one of Toronto's best examples of Streamline Moderne architecture.

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Moshe "Mooky" Joseph Greidinger is an Israeli businessman. He was the chief executive officer (CEO) of Cineworld, the world's second largest cinema chain. Together with his brother Israel, they owned 29% of the company. On 31 July 2023, it was announced that Mooky and his brother will leave Cineworld, after the company entered Chapter 11 process in September 2022. His family has had interests in the cinema business since the 1930s.

References

  1. 1 2 "Supplier Spotlight" (PDF). www.healthsourceplus.com. 2007. Retrieved 2020-01-25.
  2. 1 2 3 "The dame stays in the picture". The Globe and Mail. 26 September 2008.
  3. "Jacob Family Theatre opens in Baycrest Health Sciences centre | The Star". thestar.com. 14 March 2013.
  4. 1 2 "Info". www.baycrest.org. Retrieved 2020-01-25.
  5. "Baycrest Foundation - Ellis Jacob". www.baycrestfoundation.org. Retrieved 2023-12-26.
  6. 1 2 "3 things you may not know about… Ellis Jacob".
  7. https://www.pressreader.com/canada/national-post-latest-edition-financial-post-magazine/20160301/281964606800082 via PressReader.{{cite web}}: Missing or empty |title= (help)
  8. 1 2 3 Ph.D, Tim Jackson (October 5, 2016). "Interview with Ellis Jacob of Cineplex (Part 1/2): Leading with values, while staying ahead of…". Medium.
  9. 1 2 "Investors | Senior Officer's Bio". ir.cineplex.com. Archived from the original on 5 May 2014. Retrieved 15 January 2022.
  10. "New theatre chain debuts".
  11. "Cineplex.com | Information". www.cineplex.com.
  12. "Cineplex CEO Ellis Jacob on secrets to a successful merger". www.canadianbusiness.com.
  13. General, Office of the Secretary to the Governor. "Mr. Ellis Jacob". The Governor General of Canada.