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?
By CNN: Richard Quest on July 10, 2014
IMAX CEO Rich Gelfond talks about why moviegoers in China are breaking records for his company.
Learn more on CNN.com.
By Bloomberg: Betty Liu on July 08, 2014
Cape Resorts Group Co-Founder Curtis Bashaw and IMAX CEO Richard Gelfond discuss Atlantic City casino closings on “In The Loop.”
By Fox News: Maria Bartiromo on July 06, 2014
Last year, the summer box office in the U.S. drew a record-breaking $4.9 billion. So what’s in store for this summer?