IMAX

IMAX CORPORATION REPORTS Q4 AND FULL-YEAR 2023 RESULTS

Retrieved on: 
Tuesday, February 27, 2024

Content Solutions revenue of $126.7 million increased 24% year-over-year for the full year 2023 while Q4 revenue of $19.1 million decreased 35% year-over-year.

Key Points: 
  • Content Solutions revenue of $126.7 million increased 24% year-over-year for the full year 2023 while Q4 revenue of $19.1 million decreased 35% year-over-year.
  • Gross box office from IMAX locations for full year 2023 of approximately $1.1 billion was up 25% while Q4 2023 of $170 million was down 32% year-over-year.
  • IMAX set numerous records for box office during 2023 including:
    Gross margin for Content Solutions of $74.1 million for the full year 2023 increased 45% year-over-year while Q4 gross margin of $9.7 million decreased 20% year-over-year.
  • On a monthly basis, the Company posts quarter-to-date box office results on the IMAX Investor Relations website located at investors.imax.com.

CITIES OF THE FUTURE 3D Makes its West Coast Premiere at the California Science Center on March 2, 2024 Narrated by award-winning actor John Krasinski

Retrieved on: 
Friday, February 23, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- Audiences will step into an exciting new world of innovation when Cities of the Future 3D makes its West Coast premiere at the California Science Center IMAX Theater on March 2, 2024. Narrated by award-winning actor John Krasinski, Cities of the Future 3D highlights the visionary solutions engineers are developing to meet the pressing challenges of a changing world and forge a brighter, more sustainable future. 

Key Points: 
  • LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- Audiences will step into an exciting new world of innovation when Cities of the Future 3D makes its West Coast premiere at the California Science Center IMAX Theater on March 2, 2024.
  • Narrated by award-winning actor John Krasinski, Cities of the Future 3D highlights the visionary solutions engineers are developing to meet the pressing challenges of a changing world and forge a brighter, more sustainable future.
  • "Cities of the Future 3D imagines what our lives could look like 50 years from now based on the engineering marvels and innovative solutions engineers are designing today."
  • CITIES OF THE FUTURE 3D is family-friendly and has a running time of 40 minutes.

National Geographic Photo Ark Exhibit Coming to the Tennessee Aquarium March 1

Retrieved on: 
Thursday, February 22, 2024

CHATTANOOGA, Tenn., Feb. 21, 2024 /PRNewswire-PRWeb/ -- When it comes to their names, some animals could use a better publicist because, to the unfamiliar ear, there's little about "River Chub" or "Least Rasbora" that spurs the imagination or sparks a desire to protect them.

Key Points: 
  • The National Geographic Joel Sartore Photo Ark exhibit will open March 1st, featuring inspirational images that were created to inspire conservation action.
  • - Award-winning National Geographic Photographer Joel Sartore
    That's where award-winning National Geographic photographer Joel Sartore comes in.
  • Beginning March 1 and continuing through the end of the year, the Aquarium will exhibit two dozen images from the Photo Ark throughout its campus.
  • The National Geographic Joel Sartore Photo Ark exhibition is presented locally by the Tennessee Department of Environment & Conservation with additional support from First Horizon, and Yamaha Rightwaters.

"LEONARDO DA VINCI: Inventor. Artist. Dreamer." Exhibition

Retrieved on: 
Tuesday, February 20, 2024

LOS ANGELES, Feb. 20, 2024 /PRNewswire/ -- Explore the engineering marvels and artistry of one of history's greatest minds and inventors when "LEONARDO DA VINCI: Inventor. Artist. Dreamer." opens at the California Science Center on March 2, 2024. Through models of da Vinci's innovations, hands-on experiences and reproductions of his notes and artwork, including the Last Supper and the Mona Lisa, visitors will experience da Vinci's endless curiosity, and his use of both art and science throughout his work.

Key Points: 
  • Through models of da Vinci's innovations, hands-on experiences and reproductions of his notes and artwork, including the Last Supper and the Mona Lisa, visitors will experience da Vinci's endless curiosity, and his use of both art and science throughout his work.
  • Da Vinci's command of diverse fields in science, art, music, and engineering and his futuristic inventions made him a true Renaissance man.
  • This exhibition will allow guests to explore more than 30 models of his innovative machines, each built by contemporary Italian artisans according to da Vinci's exacting specifications.
  • Adult combo tickets for both the exhibition and IMAX movie are $28.95, with various discounts available.

IMAX To Present at The Morgan Stanley Technology, Media, & Telecom Conference

Retrieved on: 
Tuesday, February 20, 2024

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the Morgan Stanley Technology, Media & Telecom Conference.

Key Points: 

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the Morgan Stanley Technology, Media & Telecom Conference.
In addition, IMAX will participate in one-on-one investor meetings at the conference.

Dune: Part Two (Original Motion Picture Soundtrack) Music by Hans Zimmer Available February 23rd

Retrieved on: 
Thursday, February 15, 2024

WaterTower Music is excited to announce the release of Dune: Part Two (Original Motion Picture Soundtrack) with music by multiple Academy Award®-winning composer Hans Zimmer.

Key Points: 
  • WaterTower Music is excited to announce the release of Dune: Part Two (Original Motion Picture Soundtrack) with music by multiple Academy Award®-winning composer Hans Zimmer.
  • View the full release here: https://www.businesswire.com/news/home/20240215811726/en/
    DUNE: PART TWO (ORIGINAL MOTION PICTURE SOUNDTRACK) MUSIC BY HANS ZIMMER AVAILABLE FEBRUARY 23RD / FIRST TWO SINGLES AVAILABLE NOW (Graphic: Business Wire)
    The full soundtrack will be available February 23rd in standard, Dolby Atmos, CD and vinyl formats.
  • The film is slated for a March 1, 2024 release in theaters and IMAX nationwide and internationally beginning on 28 February 2024.
  • Hans Zimmer's Dune: Part Two soundtrack is the follow up to his widely acclaimed score album and two accompanying releases from 2021's Dune, which earned Zimmer an Academy Award.

EARTHDAY 365 LANDS ON PLUTO TV

Retrieved on: 
Tuesday, February 13, 2024

LOS ANGELES, Feb. 13, 2024 /PRNewswire/ -- The highly anticipated EarthDay 365 channel has made its debut exclusively on Pluto TV, the leading free streaming television service. EarthDay 365 finds its home on Pluto TV's "Animals + Nature" category, offering viewers a dedicated space to explore and celebrate the wonders of our planet.

Key Points: 
  • EarthDay 365 finds its home on Pluto TV's "Animals + Nature" category, offering viewers a dedicated space to explore and celebrate the wonders of our planet.
  • "We know that our viewers are more passionate about the environment than ever before, and Earthday 365 is providing a way to make an impact simply by watching television," says Amy Kuessner, EVP Programming, Pluto TV.
  • Audiences can access EarthDay 365 channel for free on Pluto TV.
  • Pluto TV is available anywhere content is streamed – across all major mobile, CTV and web devices.

BRIDGE Announces Appointment of MilkPEP CEO Yin Woon Rani as Vice Chair of the Board of Directors to Help the Industry Operationalize Inclusion

Retrieved on: 
Tuesday, February 13, 2024

SAN DIEGO, Feb. 13, 2024 /PRNewswire/ -- BRIDGE, the only independent DEI trade organization to serve the global marketing industry, today announced the appointment of Yin Woon Rani, CEO and CMO of MilkPEP, as Vice Chair as well as the appointment of 5 new leaders to its board of directors. The latest appointments will bolster the organization's growing impact across the industry.

Key Points: 
  • Rani will support the inimitable Board Chair, Jonita Wilson, Chief Diversity Officer of Discover Financial.
  • "Yin Woon Rani is a fierce champion of inclusion and a highly recognized industry leader who leads by example by promoting a culture of diversity, inclusion and equity,"  said Sheryl Daija, founder and CEO of BRIDGE.
  • Added board chair Jonita Wilson, "I could not think of anyone I would rather work with as our Board Vice-Chair.
  • As Woon Rani steps into the Vice Chair role, BRIDGE has also elected the following leaders to its already impressive board:
    "With the appointment of Yin as Vice Chair and the addition of incredible industry leaders to our board we're witnessing a transformational moment for BRIDGE," said Daija.

MoviePass Surpasses One Million Movies Seen On Its New Platform and Achieves First Profitable Year in Company History

Retrieved on: 
Tuesday, February 13, 2024

The average MoviePass member saved 35% on the cost of going to movies since MoviePass relaunched in beta during Q1 2023.

Key Points: 
  • The average MoviePass member saved 35% on the cost of going to movies since MoviePass relaunched in beta during Q1 2023.
  • The MoviePass Cinematic Marketplace is an aggregator for the industry that uses AI and machine learning engines to improve attendance and performance.
  • The proprietary credit system helps drive exploration of titles looking to compete against movies with much larger budgets.
  • But we could not have done it without the support of our MoviePass community," said Stacy Spikes, Co-Founder and CEO.

IMAX Corporation to Announce Fourth-Quarter and Full-Year 2023 Financial Results and Host Conference Call

Retrieved on: 
Tuesday, February 6, 2024

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its fourth quarter and full-year 2023 financial results on Tuesday, February 27th at 4:30 p.m. Eastern Time.

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its fourth quarter and full-year 2023 financial results on Tuesday, February 27th at 4:30 p.m. Eastern Time.
  • To access the call via telephone, interested parties will need to pre-register by going to the following link: https://register.vevent.com/register/BI5eba9aa253da46dfb62bb6d573394a9d where you will be provided with a dial-in number and unique pin.
  • To avoid delays, we encourage participants to dial into the conference call ten minutes ahead of the scheduled start time.
  • A replay of the call will be available via webcast on IMAX's investor relations website.