April 24, 2014—IMAX Corporation today reported first quarter 2014 revenues of $48.2 million, adjusted EBITDA as calculated in accordance with the Company's credit facility of $12.6 million, adjusted net income of $3.3 million, or $0.05 per diluted share, and reported net income of $0.6 million, or $0.01 per diluted share.

April 23, 2014—In celebration of 50 years in the filmmaking industry, MacGillivray Freeman Films is proud to participate in the 15th annual Newport Beach Film Festival with two special events and will be honored by the Film Festival with a Lifetime Achievement Award for their work in film.  

April 23, 2014—IMAX Corporation and Destination Cinema, Inc., the largest commercial operator of destination theaters in North America, today announced an agreement to install IMAX’s next-generation digital laser projection system at the IMAX ® Theatre in the Royal BC museum in Victoria, British Columbia, the largest museum in the province.

April 18, 2014—SK Films' latest release Flight of the Butterflies is newly available for fulldome exhibition. Joe Kleiman discusses the multi-platform release with producer Jonathan Barker. Read the full article from InPark Magazine here.

April 16, 2014—IMAX Corporation and TCL Multimedia Technology Holdings Ltd. today announced a joint-venture partnership with Wasu Digital TV Media Group (WASU) as part of their IMAX TCL home theatre initiative.
As one of China's largest digital content providers and one of five operators approved by the state to deliver multimedia content to the home, WASU will license and distribute IMAX-enhanced Hollywood and Chinese current theatrical and other content to the IMAX-TCL premium home theatre system.

April 16, 2014—Wit Ostrenko, president and CEO of the Museum of Science and Industry, is retiring from the Tampa institution he has led for more than 25 years. Read the full article from the Tampa Bay Times here: MOSI's Wit Ostrenko to Retire

April 14, 2014—Five years ago, the chains—led by Cinemark—started using off-the-shelf digital technology to build their own large-format theaters, which they operate under a grab bag of brands, including BigD, ETX, Prime, RPX, UltraAVX and XD. Just as with IMAX, moviegoers pay a premium to watch movies in these auditoriums. Read the full New York Times article about the battle for bigger screens here.

April 11, 2014—The Polynesian Cultural Center giant screen theater has been repurposed and re-themed into a 10,000-square-foot attraction featuring a 14-minute, large-screen, 4D multimedia experience that will be honored with a Thea Award by the Themed Entertainment Association. Read the full article by Judith Rubin in Sound and Communications here: 4D Multimedia Experience at the Polynesian Cultural Center's Hawaiian Journey Theater

April 9, 2014—Fox Business interviews IMAX CEO Rich Gelfond on how he is positioning the company in the Chinese market. Watch the full interview here.

 

 

April 8, 2014—IMAX Corporation today announced the investment in its Greater China business by CMC Capital Partners (CMC), China's leading investment fund that is run by Ruigang Li and focused on media and entertainment, and FountainVest Partners (FountainVest), a leading China-focused private equity firm. The investment provides for the sale and issuance of 20 percent of the shares in IMAX China (Holding), Inc., with the intent of further strengthening IMAX's competitive position in China.