Gabriel from the tourist office has been in touch with the following information:
"Just a quick line to let you know that the COPO cinemas are back to business after refurbishment. There is some good news for expats and tourists who miss the experience of watching movies on a big screen. For people who do not speak Spanish the management has confirmed that there will be projections in English. There are no dates for yet. However the option is available in the other cinemas of the franchise.
More info here: http://www.ocinecopo.es/"