CosmoBlue Media, a specialist in digital distribution and entertainment, has completed its acquisition of movie streaming platform Cineplex Store from Cineplex Entertainment, as it expands into the Canadian market.

The Cineplex Store platform has long been a popular destination for Canadian audiences, offering over 10,000 titles from Hollywood blockbusters to indie gems and cult hits. CosmoBlue Media is poised to rebrand and expand the Cineplex Store, building on its content library and relationships with major studios, distributors, and international content partners.

“We are excited to introduce CosmoBlue to Canadian audiences,” said Loni Farhi, Co-founder and Group President of CosmoBlue Media. “This represents a pivotal step in our mission to provide unparalleled entertainment experiences across multiple platforms. By integrating Cineplex Store’s rich catalogue with our expertise in digital distribution, we’re set to redefine how audiences engage with premium content. Furthermore, this marks one of our major investments in Canada, reaffirming our commitment to this thriving market.”

Financial terms were not disclosed.

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Categories: Articles, Business, M&A, Premium, VOD

Tags: canada, Cineplex, CosmoBlue, movies