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Netflix's Immersive Experiences May Push Them 'Off Their Course,' IMAX CEO Raises Alarm: 'Hard To Do Things That Aren't Your Core Competencies'
Wednesday, June 19, 2024 - 6:53am | 624Richard Gelfond, CEO of IMAX, has expressed skepticism about Netflix Inc.’s (NASDAQ:NFLX) plan to launch immersive retail experiences. What Happened: During CNBC’s “Last Call” on Tuesday, Gelfond explained that it is difficult to dabble with projects that are not a company...
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IMAX CEO Richard Gelfond Praised By 'Oppenheimer' Co-Producer Emma Thomas During Oscar Acceptance Speech
Sunday, March 10, 2024 - 11:55pm | 402The Oscar-winning producer of “Oppenheimer,” Emma Thomas, expressed her gratitude to IMAX Corp (NYSE:IMAX) CEO Richard Gelfond during her acceptance speech at the 96th Academy Awards. What Happened: Thomas, who co-produced the movie “Oppenheimer,” delivered the final speech...
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Is The 'Pounce' Happening Today? Here's What To Expect For AMC's Earnings
Thursday, August 4, 2022 - 1:53pm | 458AMC Entertainment Holdings Inc (NYSE: AMC) is set to deliver its second-quarter earnings report on Thursday after the closing bell. If Imax Corp (NYSE: IMAX) CEO Richard Gelfond was right in his assertion on Monday, AMC should have powerful earnings. What Happened: Last week, IMAX released its...
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What's Going On With AMC Entertainment Stock Today?
Tuesday, August 2, 2022 - 1:44pm | 390AMC Entertainment Holdings Inc (NYSE: AMC) shares are trading higher Tuesday ahead of earnings this week. AMC is scheduled to report second-quarter financial results after the market closes Thursday. The company is expected to report an earnings loss of 19 cents per share on quarterly...
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Imax's CEO On Accelerating Box Office Sales, AMC Entertainment Valuation
Monday, July 12, 2021 - 10:30am | 335Walt Disney Co's (NYSE: DIS) "Black Widow" brought in $80 million in its first weekend, making it the biggest opening weekend for a movie since the COVID-19 pandemic began. The three big blockbuster movies that have been released during the reopening are showing a clear pattern...
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Imax CEO Encouraged By Movie Industry's Future Despite Coronavirus Shutdown
Monday, May 18, 2020 - 8:04am | 439The COVID-19 pandemic has brought the movie and theater industry to a halt, but Imax Corp (NASDAQ: IMAX) CEO Richard Gelfond said on Fox Business that the future of the movie industry is secure. What Happened Imax has a presence in more than 80 countries, and the reopening process...
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Imax's CEO Talks About The Company's Biggest Deal In 50 Years
Tuesday, August 2, 2016 - 2:30pm | 285IMAX Corporation (USA) (NYSE: IMAX) announced on Tuesday it struck a new deal with China-based Wanda Cinema to add 150 Imax theaters across China, 110 of which will be installed within five years. Imax's CEO Richard Gelfond discussed the deal as he made an appearance on CNBC's "Squawk On The Street...
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IMAX Announces New Revenue Share Agreement Plan With Chinese Partner
Thursday, May 12, 2016 - 9:52am | 358IMAX Corporation (USA) (NYSE: IMAX) announced after Wednesday's market close that it has entered into a new revenue sharing agreement with a partner in China. IMAX and its subsidiary, IMAX China Holding, entered into a revenue sharing agreement with Guangzhou JinYi Media that covers 40 new IMAX...
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IMAX Announces New Partnership In China
Tuesday, May 3, 2016 - 9:47am | 311IMAX Corporation (USA) (NYSE: IMAX) announced after Monday's market close it has entered into a new agreement with Shanghai Bestar Cinemas Management for 10 new IMAX theaters to be opened throughout China. Shanghai Bestar is a subsidiary of Future Land Holdings Co, a property developer in China....