Similar to Friday but more buyers. When it came back to 30 on Friday I bought but sold today at 32. If it drops again to 31 or less I'll buy again.
The idea behind laser is the drive attendance and I think we'll see in in the theaters that get it first. Can't wait til it's in 68th & Broadway. Have to say when I went to see Gravity there last year it was a disappointment they didn't have film for it. Looks so much better when the screen is filled up.
It would be nice to see no selling or very little selling between now and Interstellar's release date. I would like to see insiders show some confidence for once.
went out of business.
Digital IMAX's will play digital. The older IMAX theaters like 68th & Bdwy I'm sure still have their projector. Chinese Theater in LA they are bringing one in for that.
Nevermind that all-digital theater owners aren't impressed with Christopher Nolan's Interstellar film initiative.
Imax is going all-out to release the upcoming Paramount and Warner Bros. release. "It's the largest release in the history of our company," Greg Foster, CEO of Imax Entertainment and executive vp of Imax Corp., told an analyst call Thursday morning following the release of his company's latest earnings.
Read more 'Interstellar's' Christopher Nolan, Stars Gather to Reveal Secrets of the Year's Most Mysterious Film
Imax plans 770 engagements worldwide for Interstellar, mostly in commercial theaters, as it repays Nolan's loyalty to the giant screen exhibitor. The space drama, which stars Matthew McConaughey, Anne Hathway and Jessica Chastain, will hit Imax theaters on November 5, two days earlier than the domestic wide release on November 7.
The tentpole, to screen in 35mm, 70mm and in Imax 70mm, will then reach theaters in China a week later on November 14. The New York City premiere for Interstellar will be in an Imax theater, and a promotional launch planned for the British Film Institute in London will also be on an Imax screen, Foster noted.
The Toronto-based giant screen exhibitor has also held "taste-maker" screenings ocer the last week at its theaters in New York City and San Francisco and another on Wednesday night at the California Science Center in Los Angeles.
"We're doing everything that we can possibly can. The movie represents most everything that Imax tries to uphold in terms of our brand and the responsibility of the filmmaker and the quality of the film itself," Foster added. Nolan, a fan of the Imax format, shot just over an hour of Interstellar using the company's proprietary cameras.
Imax on Thursday also reiterated its support for next year's release of the Weinstein Co. sequel Crouching Tiger, Hidden Dragon: The Green Legend by director Ang Lee. That's despite exhibitor opposition to the Aug. 28, 2015 debut on Netflix and in s
I believe that IMAX did about 10% of the box office maybe a little more. IMAX was at 20 million when it hit 200 million in China.
Paramount's summer tentpole Transformers: Age of Extinction continues to amaze in China, where it zoomed past $200 million over the weekend to become the No. 2 grossing film of all time ahead of local hit Lost in Thailand.
And by midweek, the movie should eclipse James Cameron's Avatar ($221.9 million) to become the top-grossing movie in history at the Chinese box office, not accounting for inflation.
Worldwide, Age of Extinction has earned $575.6 million in its first 12 days in release, including $400.9 million overseas. The international number is especially impressive considering it won't launch in Latin America or most European countries until after the World Cup soccer championships.
STORY Where Are All the $100 Million-Plus Summer Openings?
China is the biggest market, where Age of Extinction grossed $50.9 million in its second weekend for a cume of $212.8 million, followed by North America, where the fourth installment in the action franchise grossed $36.2 million in its second weekend for a total of $174.6 million.
That's followed by Russia ($35.7 million), South Korea ($34.2 million), Australia ($17.7 million), Taiwan ($14.7 million) and Hong Kong ($10.3 million).
Age of Extinction has generated sizable returns for Imax, becoming the fastest movie in history to reach $50 million in ticket sales. In China alone, Imax theaters have notched up $20 million in ticket sales, a record.
Guardians of the Galaxy did well. Transformers was the biggest movie ever in China. I don't think it's as bad as it seems and i think investors in this sector are focused on 2015. Meanwhile I believe Interstellar will do incredible.
Stock was looking good up until that Netflix news where it dropped almost 10% in a single day.
Maybe they are using that buy back right now but IMAX had a pretty good weekend.
Dracula Untold did 17% of the US boxoffice for 4 million. They did 8.5 Million overall worldwide or 10% of the global box office. On top of that Guardians of the Galaxy opened in China.
Finally Guardians of the Galaxy opened in China this weekend. I don’t have the exact opening figures, but I can say that it earned $4.1m in Chinese IMAX theaters and has now earned $361m overseas after earning $324m overeas as of October 5th.
That's 12.6 million minimum this weekend from Dracula and Guardians in China. Not bad for October.
For something like this I would like to see one in NYC and one in LA. I'm sure they want to see how they
perform over a period of time before a wider rollout.
Obviously they need the wider rollout to occur before blockbuster season but getting in laser in NYC and LA for The Hobbit would at least get some press.
It cost a lot less to get oil out of the ground in Saudi Arabia than it does just about everywhere else so it's not far fetched speculation.
Bankruptcy prevents this from occurring. Nothing can happen without the courts approval and the approval of other creditors.
GTAT now has the protection of the bankruptcy court. Nothing is going to be done with approval from the judge and the creditors. I'm sure that's the main reason they did this to keep Apple from kicking them out and taking possession of the plant.
They are seeking financing as the debtor in possession.
Debtor = The company that owes money in bankruptcy.
Possession + the company that controls the assets.
A debtor in possession in United States bankruptcy law is a person or corporation who has filed a bankruptcy petition, but remains in possession of property upon which a creditor has a lien or similar security interest. A corporation which continues to operate its business under Chapter 11 bankruptcy proceedings is a debtor in possession.
you would be flat for the day.
and the shareholders came out whole.