Welcome to our dedicated page for Imax news (Ticker: IMAX), a resource for investors and traders seeking the latest updates and insights on Imax stock.
IMAX Corporation (NYSE: IMAX) delivers groundbreaking immersive entertainment through its premium theater systems and cinematic technology innovations. This dedicated news hub provides investors and industry professionals with authoritative updates on corporate developments shaping the future of experiential entertainment.
Access real-time announcements including quarterly earnings disclosures, strategic partnership agreements, and advancements in proprietary laser projection systems. Our curated collection features official press releases about theater network expansions, film remastering breakthroughs, and executive leadership updates directly from IMAX’s corporate communications team.
Key content categories include financial performance reports, technology patent announcements, global exhibition partnerships, and content production collaborations. Bookmark this page for reliable updates on IMAX’s initiatives in premium theatrical experiences and its evolving role in the entertainment ecosystem.
IMAX and muvi Cinemas, Saudi Arabia's largest exhibitor, have announced their first collaboration with an agreement for four new IMAX® with Laser systems in key commercial centers. The partnership includes two systems in Riyadh, one in Jeddah's Mall of Arabia, and the first-ever IMAX system in Dhahran. Three locations are set to open by the end of 2024, with the fourth following in 2025.
This expansion strengthens IMAX's presence in Saudi Arabia, a market that has shown significant growth and potential since 2019. The country consistently ranks among IMAX's top 20 globally, with recent releases like 'Oppenheimer' and 'Bad Boys: Ride or Die' achieving historic success. The new locations will feature IMAX with Laser technology, offering superior image quality and precision audio.
IMAX (NYSE: IMAX) has announced a conference call to discuss its second-quarter 2024 financial results. The call is scheduled for Thursday, July 25th at 8:30 a.m. Eastern Time. The webcast will be accessible at IMAX's investor relations website. Interested participants need to pre-register at the provided link to receive a dial-in number and unique PIN. To avoid delays, it is recommended to dial in ten minutes before the call starts. A replay of the call will be available on the company's investor relations website.
Wanda Film and IMAX have announced an expanded strategic partnership to enhance their footprint in China. The agreement entails upgrading 61 top-performing Wanda Film locations to IMAX® with Laser technology, renewing up to 37 existing IMAX locations, and potentially adding 25 new locations over the next three years. The collaboration also includes developing exclusive content and experiences in documentaries, music, gaming, and sports. This move strengthens IMAX's leading position in China, ensuring continued growth and innovation in the cinematic experience.
IMAX and French exhibition company MEGARAMA have announced an agreement to install three new IMAX with Laser systems in France. This deal will double IMAX's footprint with MEGARAMA and includes locations in the northern part of France (set to open in 2025) and two in the suburbs of Paris (scheduled for 2026). Currently, IMAX and MEGARAMA operate two locations in France, with four more planned sites in the backlog. The new locations will feature IMAX's advanced laser projection technology, enhancing the cinematic experience with better image quality and sound. This agreement follows a successful year for IMAX in France, highlighted by record box office earnings of over $23 million in 2023 and a strong Q1 in 2024 driven by the success of "Dune: Part Two".
IMAX (NYSE: IMAX) will participate in the 52nd Annual J.P. Morgan Global Technology, Media, and Communications Conference in Boston, MA. Rich Gelfond, CEO, will be the Executive present at the event. One-on-one investor meetings will also be held. A live webcast of the fireside chat will be available on the IMAX investor relations website.
IMAX (NYSE: IMAX) and SM Cinema have expanded their partnership by adding 10 state-of-the-art IMAX with Laser systems in the Philippines, more than doubling IMAX's footprint in the country. The deal includes three new locations and upgrades to seven existing systems, with three upgrades set to open in 2024 and the rest by 2026. This expansion signifies IMAX's growing presence in the global entertainment market and its business momentum. The collaboration underscores the success of the partnership between IMAX and SM Cinema, with the Philippines being one of IMAX's top performing markets in Southeast Asia.
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