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economist sunsuntribune entertainment saturday june 18 2005 29 er- moviegoers wait for takeover fallout by sim one joseph staff writer when richmond hill movie goer dr huy nguyen read cineplex had taken over famous players he was concerned the more takeovers there are the less choice of theatres for the public its fine for industry because theres less competition but i dont think its good for the individual moviegoer dr nguyen a 43yearold ortho dontist goes to the movies every other week and is worried the takeover will lead to fewer screens and increased ticket prices he went to see madagascar with his daughter at the famous players in the hwy 7 and yonge street area thursday afternoon dr nguyen is also worried decreased competition will mean less motivation for theatre compa nies to introduce innovations such as improved sound quality early this week news hit that cineplex galaxy lp had bought its main rival famous players in a 500million deal the competition bureau which reviewed the deal issued a consent agreement under the takeover cineplex must pull out of 35 theatres to com ply with the government regula- staff photosimone joseph dr huy nguyen takes his daughter to the movies once a week the richmond hill resident wonders if the cin- plexs purchase of famous players will raise prices and reduce choice tions leaving it with 1300 screens at 1 32 locations or 63 per cent of the canadian market while movie lovers such as mr nguyen fear less choice cineplex officials believe there will be more films to pick from before the deal competing the atres in the same area would likely have shown the same movies according to pat marshall vice- president of communications and investor relations for cineplex galaiy le now the company will likely want to avoid this type of duplication ms marshall said it the takeover is a great move for moviegoers in york region well have more screens to show a wider variety of films she said while cineplex has agieed to pull out of 35 theatres according to the competition bureau orders none of the theatres in york region will be closed she said as for ticket prices increasing the company sets prices according to real estate value downtown toronto for exampleis more expensive than newmarket so tick et prices are higher in the city even if the takeover leads to higher prices it will have little impact on linda price whose son connor appears in cinderella man to me a movie theatre is a movie theatre we dont want prices to go up but what can you do were not going to stay away because of high prices she said the takeover will not affect the indepehdentlyruri gem theatre in georgina in the short term said rj t gorman owner of this movie the atre but its the longterm impact of what he sees as a movie theatre monopoly v with the present state famous players and cineplexprobablycon- trol the majority of the screens in canada i dont know if thats a level playing field for independent canadian theatres but there may be a 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