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 […]
IMAX Corporation and Broadway Megaaplex have signed an agreement to develop a new IMAX theatre in Coimbatore, India, at Broadway’s newly planned megaplex site. Scheduled to open in the spring of 2022, the deal will bring the first IMAX theatre ever to the city and marks the first agreement between the global entertainment technology company […]
Marvel fans will be able to stream some of their favourite titles in IMAX’s Expanded Aspect Ratio at home for the first time with IMAX Enhanced on Disney+, launching on November 12th as part of Disney’s company-wide Disney+ Day global celebration. The new collaboration was announced by The Walt Disney Company, IMAX Corporation and DTS, […]
IMAX is back, suggested CEO Richard Gelfond. Hits such as the latest James Bond outing plus sci-fi epic Dune (which helped IMAX capture 20 per cent of the record opening weekend’s box office) helped bring in the best-ever October trading month for the large cinema screen specialists. “It is clear the global film industry has […]
The National Association of Theatre Owners (NATO) of California/Nevada has launched a new marketing campaign to encourage movie lovers to return to theatres and experience films on the big screen once again. The organization’s new ‘The Big Screen is Back’ campaign aims to reach the over 40 million moviegoers in California and Nevada who are […]
Following the government’s green light for the next phase of lockdown lifting to go ahead next week, cinema chains Cineworld, Odeon and Vue have confirmed they will be reopening their screens across the UK. In a statement, Vue said: “We’re very excited to announce that we will be opening all our venues in England, Scotland […]
IMAX says it is looking to triple its number of theatre screens in Japan by 2024. In an interview with Bloomberg, ahead of the company’s latest earnings statement, CEO Richard Gelfond said he wanted to top 100 screens in Japan, up from the current 39. Helping that ambition is a recent extension of its release […]
Sony has confirmed that its Bravia Core service, which offers some of the latest film releases, blockbusters and classics from Sony Pictures Entertainment (SPE), is now included with Bravia XR TVs, enabling users to experience the content in Pure Stream, which it claims provides the highest in streaming picture quality Created in collaboration with SPE, […]
Giant cinema screen operator IMAX has benefitted from strong box office receipts across Asia and with encouraging signs that the upcoming slate of Hollywood blockbusters will see an enthusiastic response from China. IMAX installed 71 cinema systems and signed agreements for 65 extra systems for the full year, and saying that this demonstrated continued partner […]
Giant cinema screen operator IMAX saw its share price rise 6.4 per cent on February 16 as a direct result of solid box office receipts and attendance numbers at its Chinese theatres. IMAX, in a statement, said that it had enjoyed the best opening weekend for Chinese New Year holiday attendance. At $20.47 per share […]