numbers should be record for IMAX dollar wise domestically.
figured there would be the normal dip before a huge opening and was suspect about earnings. Nice to see that little sell off this morning. The 2nd Quarter is going to be huge.
Let's hope IMAX takes advantage of it.
The one problem I see with IMAX is in the domestic market. How do they reverse the lower PSA that's been occurring for years.
The difference being Avatar only did 75 million it's first weekend and as we know with IMAX slow and steady wins the race. Avengers might be close to 1 Billion when it opens in China on the 12th of May. No doubt after the first weekend in China it will probably be at 1.2 billion.
Avatar was the first real live action 3D movie and people chose to watch it at IMAX. With Real D and a movie that teens, kids & parents are going to rush out to see IMAX doesn't matter as much.
Polar Express and Avatar were anomalies. The only chance of doing percentages and numbers like that again will be a hit movie that appeals to older demographics that aren't going to rush out to see it ASAP.
The new Star Wars might have legs if the movie is really good and appeals to the original fans of the first 3 films.
5.2% is pretty good considering it hasn't opened it the top two IMAX markets yet.
Many records were set by the Joss Whedon-helmed reteam of Iron Man, Thor, Cap, Black Widow, Hulk, War Machine, Nick Fury, Hawkeye and others. Among them, IMAX saw the largest non-China international opening of all-time with $10.4M and a $60K per screen average.
Reviews coming in good. Should provide a bounce as soon as this quick sell off is over.
for my viewing pleasure!
It was weakened guidance for he next quarter. Micron sounded pretty upbeat about the rest of the year, selling higher margin products and strong growth in certain segments.
I don't consider someone smart when he's consistently wrong and never changes his opinions. He's clearly been wrong about the economy, inflation and the market the last 6 years.