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IMAX Theater

Cannes: Imax Signs Documentary Deal With Dolphin Entertainment, Starting With ‘Blue Angels’

Imax Corp. has signed a multi-year deal with Dolphin Entertainment to co-finance, develop and produce a slate of feature-length documentaries in the wide-screen cinema format. The agreement will kick off with The Blue Angels, the documentary from J.J. Abrams’ Bad Robot Productions and Zipper Bros Films on the legendary U.S. Navy and Marine Corp. aerial […]

Box Office: Peter Jackson’s ‘The Beatles: Get Back’ Concert Doc Plays to Near-Sellout Crowds

On Jan. 30, 1969, The Beatles staged their final live performance on the rooftop of their Apple Corps headquarters on London’s Savile Row. In commemoration of the iconic event, Disney and Imax on Sunday unveiled a special theatrical version of Peter Jackson’s documentary The Beatles: Get Back that played to near-sellout crowds in nearly 70 […]

Imax Delivers Best Quarter of Pandemic Era, Helped by ‘Shang-Chi,’ ‘Black Widow’

The giant-screen theatrical distributor Imax delivered its best results since the onset of the novel coronavirus pandemic, with third-quarter revenue hitting $56.6 million, up 52 percent from a year earlier, and its quarterly losses narrowing to $8.4 million, further moving the company closer to profitability. The adjusted net loss per share in Q3 amounted to […]

“Hungry Moviegoing Audience”: Cinema Analyst Boosts Earnings, Stock Targets After ‘No Time to Die’ Launch

“James Bond delivers to a hungry moviegoing audience,” B. Riley Financial’s Eric Wold wrote in a Monday report, in which he increased his stock price targets on key exhibitors and his earnings estimates for the second half of 2021. “The Pandemic was ‘No Time to Die’ for Moviegoing,” he highlighted in the title of the […]

Box Office Rebound: “Exhibitor Carnage Is in the Past,” Analyst Says

With Venom: Let There Be Carnage‘s opening of $90.1 million leading the domestic box office to hit its biggest weekend since COVID-19 shut down cinemas and James Bond title No Time to Die hitting records in international markets, Wall Street analysts touted the outlook for exhibition industry on Monday. The strong Venom launch meant that, […]

Imax CEO: Studios Are Committed to Theatrical Windows for Blockbusters

As Hollywood’s box office recovery takes hold, Imax CEO Richard Gelfond sees the premium video-on-demand (PVOD) window for tentpole releases going out of fashion post-pandemic. “For movies that Imax does, blockbuster movies, PVOD is a thing of the past. For smaller movies, more niche movies, it’s possible that PVOD remains,” Gelfond told the Goldman Sachs […]

Pandemic-Impacted Toronto Film Festival Morphs Into Two Events for 2021

A scaled-down 2021 Toronto Film Festival has dramatically turned into two events: a festival for directors and producers over the moon for finally screening their latest movies in front of a live audience, and a stay-at-home event for film buyers and sellers looking to avoid crowds and the Delta variant. “I was afraid they were […]

Imax Narrows Losses Despite Slow Global Theatrical Recovery

Giant-screen exhibitor Imax reported a sharp rebound in revenues and a smaller second-quarter loss amid the reopening of its global theater network. On Tuesday, Imax reported a loss of $9.2 million attributable to shareholders, which compares to a year-earlier loss of $26.1 million when the company’s theaters were nearly all shut down at the height […]

Movie Theater Stocks Take Hit Amid Rising COVID-19 Cases, Streaming Uncertainty

It has been a rough week for movie theater stocks amid investors’ worries about the potential pain the Delta variant of the coronavirus could cause cinemas, among other factors. Despite sector stocks trading up on Friday, Cinemark shares had lost 20.5 percent for the week to close at $15.86 on Friday, as had AMC Theaters’ […]

Imax CEO Forecasts U.S. Box Office to “Bounce Back Very Quickly”

Universal’s F9 — the latest high octane Fast & Furious installment taking in $135.6 million in China alone and $162.4 million internationally on its opening weekend — should ignite a U.S. box office recovery as the summer season kicks into gear, Imax CEO Richard Gelfond said Tuesday. “I expect the U.S. to bounce back very […]

‘Black Widow’ Continues Marvel’s Use of Expanded Aspect Ratio in Imax

Imax’s upcoming presentations of Marvel’s Black Widow will feature 22 minutes of scenes in an expanded aspect ratio, meaning that those sequences will fill the entire Imax screen, while the rest of the movie will be presented letterboxed (as is not uncommon for Hollywood movies that play on Imax screens). Specifically, the Imax scenes would appear […]

Graeme Ferguson, Imax Co-Founder, Dies at 91

Graeme Ferguson, the Canadian director, producer, writer and cinematographer who partnered with two high school friends and another filmmaker to launch the giant-screen movie company Imax, has died. He was 91. Ferguson died Saturday of cancer at Norway Point, his home at Lake of Bays, Ontario, an Imax spokesman announced. His wife, Phyllis, whom he […]