Giant screen theatre operator IMAX has seen its box office rise 25 per cent (y-o-y) during its Q3, but still reported an (adjusted) net loss, not helped by the continuing Covid problems in China – one of its key markets – and a lull in blockbuster releases. Overall revenue at IMAX came in at to […]

IMAX Corporation, DTS, a wholly owned subsidiary of Xperi, and Rakuten TV, the VoD platform, have announced an expansion of the IMAX Enhanced movie collection with Rakuten TV’s commitment to carry one hundred titles in the IMAX Enhanced format, arriving over the next six months “We are thrilled to continue our relationship with Xperi and […]

Entertainment technologist IMAX has acquired AI-driven video quality solutions specialist SSIMWAVE. IMAX says the move marks a significant expansion of its strategy to deliver the highest quality video images on any screen; to drive new, recurring revenue; and grow its global leadership in entertainment technology. Under the terms of agreement, IMAX acquired SSIMWAVE for $18.5 […]

Giant screen specialist IMAX is to double its share repurchase scheme from the existing planned $200 million (€220m) to $400 million. The announcement was made to the New York Stock Exchange on September 7th. IMAX has been steadily buying in its own shares for cancellation since 2017 and costing the cinema operator $175 million. The […]

Giant screen operator IMAX, despite a challenging trading period in China because of Covid, turned in a very respectable revenue improvement of 3.1 per cent in its Q2 results with total box office up 128 per cent and its revenues jumping 45 per cent (y-o-y) to $74 million. It still ended up with a trading […]

IMAX’s May 2022 global box office was higher than that of pre-Covid levels, and its future performance should be supported by a good slate of movies for the second half of 2022 and 2023, says the company. IMAX also announced that it had also struck an agreement with the UK’s Odeon Cinemas Group (owned by […]

Disney+, the streaming service from The Walt Disney Company, will be available in 42 new countries and 11 new territories this week following the immediate launch in Greece, Turkey and countries in Central Eastern Europe, including Poland, Romania, Hungary, Czech Republic and Croatia. Theseries of launches follow the arrival of the service in South Africa […]

Giant screen business IMAX has reported its Q1 2022 numbers which highlighted a promising recovery from its pandemic-affected period. Its Q1 box office was up 57 per cent to $173.2 million (€164.7m) and that the number of open theatres in China – its strongest market – were up from 52 per cent to 65 per […]

Giant screen cinema operator IMAX saw its shares rise 9 per cent in after-hours trading following better than expected results that were better than its pre-pandemic numbers. IMAX said that its latest quarter-year (to the end of December) saw a 15 per cent rise in box office to $277 million (€247.2m) and represented the company’s […]