Imax on Thursday reported third-quarter earnings for the period ended September 30. Revenues were $37.3 million versus $86.4M in the third quarter of 2019, largely impacted by the global COVID-19 pandemic. The result is, however, much better than Q2, which saw revenues of just $8.9M. In part that’s down to the resurgence of moviegoing in
The Eight Hundred
Shares in IMAX were down in pre-market trading this morning after the company announced its Q3 results, which included a loss of $47.2M on revenues of $37.3M. As of 10AM ET, they were down 4.92%. CEO Rich Gelfond, however, remains bullish on the theatrical business and the company’s future health. “Our financial position gives us
The first major blockbuster of the pandemic era, The Eight Hundred this week became the No. 1-grossing movie of 2020 worldwide, jumping ahead of Bad Boys For Life ($430.3 million global, per Sony). The Guan Hu-directed war epic has through Friday amassed $434M at the Chinese box office alone, and is also now the 10th
UPDATE,Writethru: Christopher Nolan’s Tenet handily passed $200M overseas this weekend with a $25M offshore frame to bring the international box office cume to $214M. Including domestic, the global to-date total is now $250.1M. Boosting play overseas, as we noted yesterday, was the Japan bow which came in at a strong $4.3M in the No. 1
Christopher Nolan’s Tenet has begun its offshore rollout, and while Warner Bros is keeping a tight lid on grosses until fully reporting Sunday, some international box office information is available on the highly-anticipated title. In Korea, one of the key plays on Tenet, the Wednesday opening day was a little over $827K from 2,228 screens.
After pulling in $33.5M across five days of previews at the Chinese box office, local war epic The Eight Hundred overwhelmingly stormed theaters today, its first official day of release. Adding roughly $20M across the country on Friday — the biggest single-day box office since cinemas resumed operations — the Middle Kingdom cume is now
EXCLUSIVE: As the rolling process of cinema reopenings continues across various markets, IMAX has recently enjoyed strong grosses with local-language movies in Asia as well as the reissue of Christopher Nolan’s Interstellar in China. This week in the Middle Kingdom, it’s set to have a particularly vibrant frame with war epic The Eight Hundred. Already,
China was the big breakout this past weekend, leading the international box office for the fourth frame in a row and powered by the reissue of Warner Bros’ Harry Potter And The Sorcerer’s Stone in a 4K 3D restoration that conjured $13.6M on 16,000 screens over the three-day frame. With Monday and Tuesday’s Middle Kingdom
Harry Potter And The Sorcerer’s Stone worked some magic in China on Friday with Warner Bros’ 3D reissue conjuring $4.6M. This is by far the biggesst single-day gross since cinemas resumed operations, overtaking the opening of WB’s earlier re-release of Chirstopher Nolan’s Interstellar by 66% (though that film bowed on a Sunday). Overall, China’s fourth
EXCLUSIVE: Another casualty of China’s crackdown on potentially sensitive local films this past summer has been given a lifeline. Derek Tsang’s Better Days will release this Friday in the Middle Kingdom after being okayed just this week. Well Go USA has the movie domestically and was forced to postpone the release this summer when Better