IMAX

Imax saw sales dip in the fourth quarter to $86 million from $98 million, in line with Wall Street forecasts, as the company focused on the full year and its accelerated global expansion. The stock has popped more than 8% in after-market trading on the numbers and outlook. Adjusted ebitda (earnings before interest, taxes, depreciation
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Imax and Adam McKay’s Hyperobject Industries have started production on Stormbound, a feature documentary the follows storm chaser Jeff Gammons.  Imax is financing the project, which is directed by Miko Lim (Ocean Mother) using Imax film and Imax digital cameras. It’s slated for release in 2025 across the big-screen theater network. “Next to firefighters, there may
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Refresh for latest…: There were two new Hollywood entries at the international box office this weekend as both Warner Bros/Village Roadshow/Heyday Films’ Wonka and Universal/Illumination’s Migration began early offshore rollout, though on different patterns. It was good news all around with Timothée Chalamet-starrer Wonka launching to $43.2M in 37 markets, well ahead of pre-weekend projections.
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Imax and Pathé Live in partnership with Mercury Studios and Queen Films will release Queen Rock Montreal globally for four days in January digitally remastered for Imax. The film of a live concert in Montreal in November of 1981, directed by the late Saul Swimmer, will hit 450+ Imax locations globally for four days starting Jan. 18 in the UK,
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Imax CEO Rich Gelfond predicts the long SAG-AFTRA strike will settle relatively soon. If, instead, it drags on, theater chains will face a rocky second half of 2024 but he sees the large-format exhibitor standing apart. “An exhibitor who programs a multiplex needs lots of movies,” he told Wall Streeters after Imax reported a record
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Monday night’s special 40th anniversary screening of Jonathan Demme’s Stop Making Sense at the Toronto Film Festival is now Imax’s highest-grossing live event, the company said. The groundbreaking Talking Heads concert film, from A24, earned $640,839 and sold out 25 screens across 165 Imax locations in North America and the BFI Imax in London. The remastered world premiere
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AMC Entertainment set a new post-Covid record for global admissions revenue this past weekend with Barbie and Oppenheimer leading a charge that drew 7.8 million moviegoers to theaters. Warner Bros/Mattel’s Barbie racked up $162 million opening weekend. Universal’s Oppenheimer stands at $82.4 million for a $300 million weekend at the domestic box office. For Imax, Christopher Nolan’s Oppenheimer delivered a $35 million debut
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Imax said today it expects to return to its pre-pandemic gross box office level of $1.1 billion in 2023, even as it reported revenue of $98 million for last year’s fourth quarter, down 10% from the year before. Earnings per share fell to 19 cents from 31 cents. CEO Rich Gelfond attributed the dip to the Chinese
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Moonage Daydream is returning to the really big screen. Brett Morgen’s award-winning documentary about David Bowie will be re-released on Imax screens around the country for limited engagements, beginning on Monday, December 5 at the TCL Chinese Theatre in Hollywood. From Dec. 7-13 it will play at six Imax locations in the Los Angeles area,
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Imax missed Wall Street’s third-quarter earnings projections due to what it called “a temporary slowdown in the Hollywood pipeline,” but edged revenue estimates thanks to a string of local-language blockbusters. The company’s net loss of 5 cents a share, reported Monday, marked an improvement from 8 cents in the year-ago period, but was worse than
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Imax just cut a deal for six new big-screen installations in China this year — “a very positive development,” according to CEO Rich Gelfond. The company is a big player in the Chinese market, which is still strained by Covid lockdowns and in limbo for Western theatrical releases. He noted the new contract during a
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No, the tabloid headlines about all the behind-the-scenes mishesgoss on Olivia Wilde’s Don’t Worry Darling isn’t hurting ticket sales. The Imax Live Experience advance screening for the Florence Pugh, Harry Styles and Chris Pine genre movie was the fast-selling for the large format exhibitor to date with 21 Imax locations selling out in 24 hours. And these
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“I do think the studies will get paid, like they usually do, whatever they are owed. Because we are the suppliers and that’s usually what happens,” Lionsgate vice chair Michael Burns said Wednesday of the Chapter 11 filing earlier in the day by Regal Cinemas’ parent Cineworld. “Those things seem to go through the same
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Cineworld,, staggering under heavy debt and facing a dip in box office revenue this quarter, asserted Friday that it’s business as usual for the giant movie chain while it explores options. The statement follows a report today that the U.K parent of Regal Cinemas is preparing to file for bankruptcy. Cineworld presaged a potential Chapter 11
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Refresh for latest…: Happy New Year, Peter Parker! In its third weekend, Sony/Marvel’s Spider-Man: No Way Home has lifted its global cume to $1.37B, becoming the 12th highest-grossing film of all time worldwide. Slinging up another $78.3M in 61 international box office markets this session, Spider-Man: No Way Home now has an offshore cume of
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Imax grossed $95,000 live simulcasting the Kanye West (with special guest Drake) benefit concert at the L.A. Coliseum to 35 Imax theaters — a one-night event Thursday that included seven sellouts despite being available to stream live on Amazon Prime. The show, Imax’ first live concert event, comes as the large format exhibitor experiments with
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Sean Baker’s Red Rocket, the highest-profile specialty opening to report numbers this weekend (i.e. not distributed by a streamer) posted a solid $96,953 for a per screen average of $16,158 in six theaters in New York/Los Angeles. Critics are calling the film about a washed up porn star returning to his hostile Texas hometown audacious
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