By USA Today: Bob Nightengale on August 6, 2014
While it's an adventuresome and arduous task to travel to Cooperstown, N.,Y., Baseball's Hall of Fame Museum is now coming right to you.
The National Baseball Hall of Fame and Museum, in conjunction with IMAX, MLB Advanced Media, Creative Artists Agency and Boston Red Sox chairman Tom Werner, will announce Wednesday that it has joined a partnership to create a museum on wheels that is being planned to be launched in spring training, 2016.
By Los Angeles Times: Madeline O'Leary on August 5, 2014
IMAX Corp. might be finally catching a break after what has been a slow summer for blockbusters this year.
Moviegoers streamed to theaters to catch the “Guardians of the Galaxy,” allowing the sci-fi adventure to smash August box office records and rake in $94 million in its opening weekend. And it appears the big-budget film from Marvel Studios played well on IMAX theaters around the world as the company also notched record ticket sales.
The Toronto company sold about $16.5 million in "Guardians" tickets globally, nearly tripling the previous August best of $5.9 million by “Elysium.” “Guardians” brought $11.5 million domestically on 354 IMAX screens, and eight of the 10 best performing locations for the movie were IMAX auditoriums. There are about 750 commercial IMAX theaters worldwide.
By CNBC: Julia Chatterley on July 30, 2014
Richard Gelfond, IMAX® CEO, discusses the growth of the movie consumption in Asia - and China in particular - and says international revenues now surpass U.S revenues.
Learn more on CNBC.
By MTV News: Kevin P. Sullivan on July 22, 2014
Many of Hollywood’s biggest franchises — like “The Hunger Games,” “Transformers” and “Star Wars,” to name a few — have followed the example set by Christopher Nolan in “The Dark Knight” and filmed sequences in IMAX®.
So why hasn’t Marvel Studios?
By USA Today: Maria Bartiromo on July 21, 2014
The summer of the blockbuster movie is alive and well, but that liveliness might not e so visible in the U.S. Box office receipts here are flat to down during the last few years, as more consumers opt for fancy home entertainment systems and mobile devices to watch their flicks. But internationally, sales are soaring, as movie-goers in China, Russia and Latin America pay up to see blockbusters. In the U.S., the average price of a movie ticket can be anywhere from $8 to $10, but a ticket to an IMAX theater can be up to $13 to $15 because of a more innovative 3-D and IMAX experience. Prices have gone up because of the popularity of 3-D and IMAX films such as Star Trek: Into Darkness and Iron Man 3. But nowhere is the popularity as strong and as pricey as in places such as emerging markets, where consumers are soaking up one of the USA's greatest exports: entertainment. I caught up with the CEO of IMAX, Richard Gelfond to talk growth around the world. Our interview follows, edited for clarity and length.
Q: Transformers: Age of Extinction has been the hot movie of the summer. But it's not just the U.S. Was this a surprise?