Two of the year's most eagerly anticipated movies hit theaters Friday, as “Barbie” and “Oppenheimer” kick off what is expected to be a big box-office weekend.
CNBC's Sarah Whitten joins 'The Exchange' to discuss weekend box office estimates, the impact Hollywood strikes are having on next year film debuts, and expectations for when to expect Hollywood stri
IMAX delivers its best global opening ever for Mission_ Impossible - Dead Reckoning Part One with a $25 million worldwide debut.
The movie theater company has made a play to acquire the entirety of Imax China. It said the offer is worth the equivalent of almost $16 million.
NEW YORK , July 13, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its second quarter 2023 financial results on Wednesday, July 26 th at 4
IMAX announces intent to acquire full ownership of its Chinese subsidiary in a deal valued at $124 million.
Excitement is building ahead of the eagerly anticipated Barbie movie starring Margot Robbie and Ryan Gosling, which hits theaters on July 21.
Film and television production and distribution companies like NWSA, WWE, LGF.A and IMAX are benefiting from higher consumption of digital entertainment and a recovering ad spending environment.

Imax Seeks to Buy Out China Subsidiary

10:31pm, Wednesday, 12'th Jul 2023
Cinema operator Imax Corp. is looking to buy out its Chinese subsidiary in a deal valued at $124 million. The company says the move will save $2 million a year and add to earnings immediately.
Cinema operator IMAX said on Wednesday it has proposed to acquire full ownership of its Hong Kong-listed, China subsidiary in a deal valued at about $124 million.

Imax proposes to buy out China unit to fuel growth

06:24pm, Wednesday, 12'th Jul 2023
Imax Corp. IMAX, -0.70% shares rose in the extended session Wednesday after the movie company said it proposed to acquire its Hong Kong-listed unit Imax China Holding Inc. 1970, +27.20% for about $124
Imax Corp. is planning to acquire full control of its China subsidiary for $124 million, the company announced Wednesday. A proposal has been filed for Imax to acquire the outstanding 96.3 million sha
IMAX theaters are set to witness the release of Studio Ghibli's latest film, How Do You Live?, on Jul 14 in Japan.
IMAX collaborates with Beach House and China Review of China International Communications Group to produce a nature documentary, The Elephant Odyssey.
Richard Gelfond, IMAX CEO, joins 'Last Call' to talk the summer blockbuster season, Tom Cruise's reported anger over the new Mission Impossible 7 movie being bumped, and more.
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