By The Wall Street Journal: Rachel Louise Ensign on September 20, 2013
His past might not sound like the making of a movie-industry giant, but Richard Gelfond is now the CEO of IMAX, a $1.7 billion empire with a presence in more than 700 theaters
Richard Gelfond Bloomberg/Getty Images
Shoeshine boy. A young sports-paper boss. And a 99-cent dry-cleaner owner. His past might not sound like the making of a movie-industry giant, but Richard Gelfond is now the CEO of IMAX, IMX.T -0.20% a $1.7 billion empire with a presence in more than 700 theaters—and part of the movie-going experience for millions of 3D-glasses-wearing film buffs ...
By USA Today: Claudia Puig on September 19, 2013
A first-rate conversion to a large-screen, 3-D format makes for a wonderfully vivid experience.
(Photo: Warner Bros. Pictures)
It's easier now than ever to surrender disbelief.
All these decades later, the ruby slippers sparkle with matchless dazzle, the winding brick road looks incomparably yellow and the Emerald City shines an ever-more-alluring green.
Childhood memories will only be enhanced by the vibrant restoration and sharply rendered conversion of The Wizard of Oz: An IMAX 3D Experience (* * * ½ out of four; rated PG; opening Friday nationwide).
Not only is it the oldest film ever to be converted to 3-D, it's also ...
By The Hollywood Reporter: Etan Vlessing on September 09, 2013
"Make it a win-win situation. Don't be a colonialist going in, teaching people how to do things your way," company topper Richard Gelfond told a moguls panel at the festival.
TORONTO -- It's no secret the major studios and China have had a rocky relationship in recent years.
Richard Gelfond thinks he knows why.
Foreign players can't dictate the market in China, the IMAX CEO told a moguls panel at the Toronto Film Festival on Monday.
Of course, that hasn't stopped Hollywood from trying.
"Make it a win-win situation. Don't be a colonialist going in, teaching ...
By Wall Street Journal: Xiaoqing Pi on July 24, 2013
Deal With Dalian Wanda Follows Pact With South Korean Partner
BEIJING—IMAX Corp. IMX.T -0.15%is joining with China's largest cinema chain to build as many as 120 new theaters in the country, dwarfing a deal that the company announced with a Korean partner last week.
The Chinese deal is IMAX's latest to target Asian consumers' increasing demand for watching Hollywood blockbusters on bigger, more immersive screens.
Under the agreement, IMAX will add between 40 and 120 theaters. At most, it would bring to 381 the number of IMAX theaters open or planned in China, with ...
By The Wall Street Journal: Jeyup S. Kwaak on July 15, 2013
SEOUL—IMAX Corp. and its South Korean partner plan to add 30 IMAX movie screens in China and five in South Korea.
The expansion, to be announced in coming days, is aimed at capitalizing on rising entertainment spending by the Chinese middle class and demand for the immersive high-resolution technology in Korea, IMAX Chief Executive Richard Gelfond said.
The project is a joint venture with the overseas business arm of South Korea's largest theater chain, CJ CGV Co.
The deal will bring the number of IMAX screens scheduled for construction in China to 140 and in South Korea to ...