IMAX® and Hengdian Films Strike Biggest IMAX Deal in Four Years For Twenty New Locations in China
Expanded Partnership Sees Hengdian Bring IMAX to Several New Markets in China NEW YORK and SHANGHAI, Oct. 20, 2023 /PRNewswire/ -- Hengdian Films and IMAX Corporation (NYSE: IMAX), IMAX China (HKSE:1970) today announced a significant expansion of their partnership with an agreement for twenty new...
IMAX Corporation Responds to Results of Shareholder Vote on IMAX China Privatization Transaction
Despite 70% of Shareholders Voting "FOR", Proposed Transaction Does Not Meet the Necessary Threshold for Approval NEW YORK, Oct. 10, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today confirmed that the Company's proposal to acquire IMAX China's outstanding 96.3 million shares will not pro...
Leading Independent Proxy Advisory Firm Glass Lewis Recommends IMAX China Shareholders Vote "FOR" the Privatization Transaction with IMAX Corporation
Glass Lewis and ISS Now Both Recommend Support For the Privatization Transaction with IMAX NEW YORK, Oct. 2, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that leading proxy advisory firm Glass, Lewis & Co. ("Glass Lewis") has recommended that shareholders of IMAX China (HKS...
Leading Independent Proxy Advisory Firm ISS Recommends IMAX China Shareholders Vote "FOR" the Privatization Transaction with IMAX Corporation
Highlights the Long-Term Benefits of the Deal, Including the Ability to Fuel New Growth inChina While Reducing Operation Costs NEW YORK, Sept. 27, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that leading independent proxy advisory firm Institutional Shareholder Services, I...
IMAX Corporation Responds to Letko's Statement on the Proposed Privatization of IMAX China
* The Proposed Transaction Offers IMAX China Shareholders a 49% Premium over the Average Closing Price for Last 30 Full Trading Days Prior to Announcement * Structurally Low Liquidity and Limited Institutional Investor Participation in IMAX China Shares Depress Stock Price and Impair Long-term...
IMAX China Races to Biggest Foreign Film Opening This Year As Fast X Scores $8.3 Million
Fast X Delivers Biggest IMAX Single Day this year after CNY on May 20th Franchise-best IMAX index 11% SHANGHAI, May 22, 2023 /PRNewswire/ -- IMAX China (HKSE:1970) sped to a blazing start for the 2023 summer box office season with the strong debut of Universal's Fast X, which delivered$8.3 milli...
IMAX China Nets 38 Million with The First Slam Dunk, Delivering Biggest Opening Weekend for A Foreign Animation Title
The First Slam Dunk Sets Multiple Records with IMAX Index of 10% SHANGHAI, April 24, 2023 /PRNewswire/ -- IMAX China (HKSE: 1970) grossed a stunningRMB 38 million last weekend with the debut of the highly-anticipated The First Slam Dunk, setting multiple records including the biggest opening...
IMAX China Roars to RMB 28.3 Million Opening for Makoto Shinkai's Suzume
Suzume Delivers Biggest IMAX China Debut and Highest IMAX Index 8.3% for Japanese Animation Release SHANGHAI, March 27, 2023 /PRNewswire/ -- IMAX China (HKSE: 1970) roared to RMB28.3 million at the box office this weekend with the debut of Toho's animation filmSuzume, directed by Makoto Shikai— ...
IMAX CHINA REPORTS FULL-YEAR 2022 FINANCIAL RESULTS
GREATER CHINA HIGHLIGHTS (Note: Percentage and other changes refer to full-year 2021 unless otherwise noted) * Record-breaking start to 2023 with IMAX Chinese New Year box office of RMB231 million, up 54% year-over-year, led by 'The Wandering Earth 2' – now the highest-grossing local language ...
IMAX China Reports Second Highest CNY Four-Day IMAX box office total of RMB 161 million
* 42% increase over same period last year * Record Day 3 and Day 4 Chinese New Year Box Office SHANGHAI, Jan. 26, 2023 /PRNewswire/ -- IMAX China box office over the Chinese New Year period held strong with record Day 3 and Day 4 box office results as moviegoers continue to flock to theaters ...
IMAX® ROCKETS TO SECOND BEST OPENING DAY EVER FOR CHINESE NEW YEAR
"The Wandering Earth 2" Scores $6 Million Opening Day in IMAX — Nearly Double its Predecessor and Good for 8.5% of the Film's Total SHANGHAI and NEW YORK, Jan. 24, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) rocketed to its second-best opening day ever for the Chinese New Year holiday — ...
IMAX China Summer Holiday Box Office Surges to RMB 303 Million, up 34% from 2021
SHANGHAI, Sept. 1, 2022 /PRNewswire/ -- IMAX China (HKSE:1970) today announced its box office soared toRMB 303 million over the summer holiday period, representing an impressive 34% increase over the same period last year.China's total summer box office brought in an overallRMB 9.2 billion, 24% h...
IMAX Roars to $6.3 Million Opening in China for "Jurassic World: Dominion"
"Jurassic World" Trilogy Finale Delivers IMAX's Franchise-Best Weekend Index of 12.2% inChina HONG KONG, June 13, 2022 /PRNewswire/ -- IMAX China (HKSE: 1970) roared to $6.3 million at the box office this weekend with the debut of Universal Pictures' "Jurassic World: Dominion" - recording the bi...
IMAX ROARS TO HKD $1.1 MILLION WITH FANTASTIC BEASTS: THE SECRETS OF DUMBLEDORE RELEASE UPON HK THEATRE REOPENING, CAPTURING A WHOOPING 16% OF OVERALL WEEKEND BOX OFFICE
HONG KONG, April 25, 2022 /PRNewswire/ -- Theatres in Hong Kong reopened on April 21 after a more than three- month closure, with the release of Fantastic Beasts: Secrets of Dumbledore. All five IMAX cinemas across Hong Kong captured an impressive 16% of overall weekend box office, deliveringHK$1...
IMAX CHINA REPORTS FULL-YEAR 2021 FINANCIAL RESULTS
GREATER CHINA HIGHLIGHTS (Note: Percentage and other changes refer to full-year 2020 unless otherwise noted) * IMAX China delivered a strong revenue rebound to US$113 million for the full-year of 2021, up 116% year-on-year, driven by recovery in box office and installation activities. * Tech...
IMAX China Reports Half-Year 2021 Financial Results
GREATER CHINA HIGHLIGHTS (Note: Percentage and other changes refer to first-half 2020 unless otherwise noted) * A profitability turnaround to US$21.3 million adjusted net profit, compared toUS$15.5 million net loss in prior year period. * IMAX China delivered a strong revenue rebound to US$5...
"Fast & Furious 9" IMAX China Pre-Sales Race to RMB 11.7 Million, Setting the Record for Hollywood Film Pre-Sales Since Theater Reopening
SHANGHAI, May 18, 2021 /PRNewswire/ -- IMAX China (HKSE:1970) today announced that IMAX pre-sales inChina for Universal Picture's action epic film "Fast & Furious 9" has reached RMB 11.7 million, setting a record for the highest Hollywood film pre-sales since the reopening of theatres in July, 2...
IMAX China Reports Full-Year 2020 Financial Results
* IMAX China returned to profitability in the second half of 2020 driven by substantial pent-up demand for moviegoing and record performance of local language titles. * The Company generated second-half total box office of US$92 million, approximately 80% of the prior period on an average dai...
JinYi and IMAX Expand Partnership With 12-theatre Agreement in China
SHANGHAI and NEW YORK, Dec. 18, 2020 /PRNewswire/ -- As China's film industry continues its strong post-pandemic rebound, Guangzhou JinYi Media Corporation (002905.SZ), IMAX (NYSE: IMAX) and IMAX China (HKSE: 1970) announced that they have expanded their longstanding partnership with a new 12-the...
IMAX Scores Record-Breaking $13 Million Opening Weekend of National Day Golden Week Holiday in China
NEW YORK and SHANGHAI, China, Oct. 5, 2020 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) and IMAX China (HKSE: 1970) today announced that the company scored a record-breaking$13 million opening weekend of the National Day Golden Week holiday inChina, a historically strong box office period that r...
