Imax Corp - IMAX STOCK NEWS

IMAX Corporation appoints Anne Globe, former CMO of Skydance Media and Dreamworks Animation, as the Chief Marketing Officer. Globe will oversee brand, film marketing, creative, and social media for the global entertainment technology platform. CEO Rich Gelfond praises Globe's experience and versatility. Globe aims to bring her expertise in film, TV, games, and digital platforms to expand IMAX's experiences and events. She has successfully managed marketing and distribution strategies for key franchises in her previous roles. Globe's appointment reflects IMAX's commitment to diversifying its offerings and engaging global audiences.

IMAX Corporation (IMAX) and Hyperobject Industries Commence Production on 'Stormbound' Documentary Chronicling the Life of Storm Chaser Jeff Gammons Filmed with IMAX Film and IMAX-Certified Digital Cameras

IMAX Corporation (IMAX) achieved a historic milestone with its highest grossing year ever at the domestic box office, generating $393 million in 2023. The company's global box office reached $1.06 billion, marking the second highest grossing year in its history. IMAX experienced a 24.4% growth in global box office over 2022 and programmed a record 98 new films worldwide in the year. Christopher Nolan's 'Oppenheimer' was the top grosser with $183.2 million, and the company's global technology platform outperformed exhibitors with a 2% increase over its 2017-2019 average. IMAX CEO Rich Gelfond expressed the company's commitment to pushing the envelope with technology and driving future growth. IMAX also saw record-breaking performances at the North American box office and grosses from local language films worldwide, with $227 million in local language box office from films across China, India, and Japan. The company expects to program more than 100 films, experiences, and events globally in 2024, including highly anticipated blockbusters and exclusive experiences.

IMAX (NYSE: IMAX) and Pathé Live, in partnership with Mercury Studios and Queen Films, announced the global release of 'QUEEN ROCK MONTREAL' exclusively in IMAX® beginning January 18, 2024. The film captures Queen's historic 1981 concert in Montreal, digitally remastered for The IMAX Experience®. The concert features Queen's greatest hits, including 'We Will Rock You,' 'Bohemian Rhapsody,' and 'Another One Bites the Dust.' 'QUEEN ROCK MONTREAL' will be released in over 450 IMAX locations globally for four days, showcasing Queen's unparalleled musicianship and vocal talents in their rawest form.

PATHE CINEMAS (IMAX) Expands Partnership with Five New IMAX with Laser Systems in Europe and Distribution Agreement for Three Upcoming Films with PATHE LIVE

IMAX Corporation (NYSE: IMAX) to participate in the 7th Annual Wells Fargo TMT Summit, featuring CEO Rich Gelfond. The company will also engage in one-on-one investor meetings at the conference, joined by CFO Natasha Fernandes and Senior VP of IR Jennifer Horsley. A live webcast of the fireside chat will be accessible on the IMAX investor relations website at investors.imax.com.

EVT and IMAX Corporation have announced an agreement for five new IMAX with Laser systems in Australia and Germany. EVT will integrate a new IMAX screen experience in Sydney and four locations in Germany. The deal follows the successful launch of IMAX Sydney, which is already the highest grossing IMAX location outside the US and UK. This marks the biggest deal for IMAX systems in Germany.

IMAX reports strong Q3 financial results with significant year-over-year growth in revenue, gross margin, and adjusted EBITDA. Network growth accelerates and system signings double compared to 2022. Q3 marks the second highest grossing quarter in IMAX's history. Cash flow generation remains robust. IMAX remains on track for significant growth in system signings, installations, and adjusted EBITDA for the full year.

Hengdian Films and IMAX Corporation announced an expanded partnership with an agreement for twenty new IMAX with Laser systems across China. The agreement marks the largest deal for new IMAX systems in four years, reflecting the renewed demand among Chinese exhibitors and audiences for The IMAX Experience with Hollywood and local content alike.