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‘I, Frankenstein’ Set For IMAX Release

By | Tuesday September 17, 2013 @ 7:54am PDT

Lionsgate and Lakeshore/Hopscotch’s Aaron Eckhart-starring I, Frankenstein will be released in IMAX theaters around the U.S. and in select overseas territories on January 24, 2014. That’s the same day as the CG-heavy dystopian thriller’s regular domestic release. The 3D pic written and helmed by Stuart Beattie stars Eckhart, Bill Nighy and Yvonne Strahovski in a story based on the Darkstorm Studios graphic novel about the monster in present day who finds himself in the middle of a war between immortal clans.

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‘Thor: The Dark World’ Gets IMAX Release

By | Thursday August 15, 2013 @ 8:13am PDT

LOS ANGELES – AUG. 15, 2013 – IMAX Corporation (NYSE:IMAX; TSX:IMX) and Marvel Entertainment, a division of The Walt Disney Company (NYSE: DIS), today announced that Marvel’s Thor: The Dark World, starring Chris Hemsworth, will be digitally re-mastered into the immersive IMAX® 3D format and released into IMAX® 3D theatres internationally beginning Oct. 30.

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IMAX Sues Burbank Company For Using What It Claims Is Stolen Large-Screen Technology

By | Monday August 12, 2013 @ 7:45pm PDT

IMAX is suing GDC Technology for using what it says are stolen trade secrets tied to its large-screen digital projection system. According to the complaint (read it here) filed today in Los Angeles Superior Court, the giant-screen pioneer claims a former employee poached its core projection and 2D-to-3D conversion technology, including source codes, and stealthily provided it to film companies in China. It says Gary Tsui, who is not named as a defendant, became the “chief engineer” of a company now known as China Film Giant Screen and that Burbank-based GDC has been using the trade secrets through, among other things, its relationship with CFGS “in its efforts to unfairly compete with IMAX.” The complaint says that IMAX discovered in 2009 that “Tsui had stolen its proprietary and trade secret information” and set up his own competitor company. And later he beat IMAX on a bid for a significant project in China. IMAX claims it launched its own investigation of Tsui and eventually sued him in Canada and China. Read More »

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‘Wizard Of Oz’ Sets Fall IMAX 3D Debut

By | Tuesday August 6, 2013 @ 10:25am PDT

The Technicolor classic will have its IMAX 3D world premiere on September 15 at Hollywood’s historic Chinese Theatre, the same movie house it first debuted in 75 years ago. The special screening will mark the reopening of the TCL Chinese Theatre IMAX, which boasts the largest number of seats in an IMAX auditorium in the world and Hollywood’s first theater equipped in the large-screen format. The Wizard Of Oz will screen in a new IMAX remastering and will then open for a special one-week run at the TCL Chinese Theatre and additional US IMAX screens on September 20. WB‘s home video release of the 5-disc The Wizard of Oz 75th Anniversary Collector’s Edition will follow on October 1.

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‘World War Z’ Finally Invading U.S. IMAX Screens For One-Week Run

By | Monday July 29, 2013 @ 10:20am PDT

World War Z Mega TicketLOS ANGELES – JULY 29, 2013 – IMAX Corporation (NYSE:IMAX; TSX:IMX), along with Paramount Pictures and Skydance Productions in association with Hemisphere Media Capital and GK Films, today announced that due to overwhelming demand, the hit film World War Z starring Brad Pitt has been digitally re-mastered into the immersive IMAX® 3D format and will be released into select IMAX® theatres domestically for the first time for a one-week engagement beginning Aug. 2. World War Z has captivated audiences worldwide – grossing more than $460 million since its launch on June 21. The film has already played in select IMAX theatres internationally. World War Z revolves around an ex-United Nations investigator Gerry Lane (Pitt), who traverses the world in a race against time to stop a pandemic that is toppling armies and governments and threatening to decimate humanity itself.

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IMAX Super-Sizes Partnership Deals With AMC Theaters And Wanda

By | Wednesday July 24, 2013 @ 3:51pm PDT

New York, N.Y. and Beijing, PRC – July 24, 2013 –  IMAX Corporation (NYSE:IMAX; TSX:IMX) and Wanda Cinema Line Corporation, Asia’s largest cinema owner, today announced an amendment to the parties’ original 2011 joint revenue share agreement with the addition of a minimum of 40 and up to 120 new IMAX®theatres to be located throughout China.  The deal also extends Wanda’s lease terms for all new theatres to 12 years from 10 years and brings Wanda’s total IMAX commitment in China to up to 210 theaters, positioning Wanda Cinema Line as IMAX’s largest international exhibition partner.

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‘Divergent’ Sets March 21, 2014 IMAX Release

By | Thursday July 18, 2013 @ 8:41am PDT

Summit Entertainment is offering a first-look at footage of Divergent at Comic-Con this week. Today comes word that the futuristic sci-fi actioner will be digitally re-mastered into the immersive IMAX format and released in IMAX theaters worldwide starting March 21, 2014. The first in a planned franchise, Divergent is adapted from Veronica Roth’s best-seller and stars Shailene Woodley, Kate Winslet, Theo James, Miles Teller, Maggie Q, Ashley Judd, Ray Stevenson, Tony Goldwyn, Ansel Elgort, Mekhi Phifer, Ben Lamb, Ben Lloyd-Hughes and Christian Madsen. Much of the cast along with director Neil Burger and Roth will be in San Diego this week.

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IMAX To Add 35 Theaters In China And South Korea

By | Monday July 15, 2013 @ 6:15am PDT

SHANGHAI, July 15, 2013 — IMAX Corporation and CJ CGV Holdings, Ltd., today announced an expansion of the companies’ partnership with the addition of 35 new IMAX® theatres. The deal includes 30 theatres to be installed in new construction projects across China as well as five previously optional theatres in Korea, now confirmed, which are subject to final documentation. Today’s agreement brings CJ CGV’s IMAX commitment to 95 theatres, with 20 in South Korea and 75 in China, positioning it at present as IMAX’s largest exhibitor partner in Asia.

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‘Mortal Instruments: City Of Bones’ Gets Day-And-Date IMAX Release

By | Wednesday July 10, 2013 @ 8:02am PDT

LOS ANGELES – JULY 10, 2013 – IMAX Corporation (NYSE:IMAX; TSX:IMX), Sony Pictures, a division of Sony Corp. (NYSE: SNE), and eOne today announced that the adaption of part-one of Cassandra Clare’s bestselling fantasy-adventure novel series The Mortal Instruments will be digitally re-mastered into the immersive IMAX® format and released into IMAX® theatres across North America on August 21.

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IMAX Entertainment Names Greg Foster As CEO

By | Monday July 8, 2013 @ 11:41am PDT

NEW YORK – July 08, 2013 – IMAX Corporation (NYSE: IMAX; TSX: IMX) today announced that Greg Foster has been named CEO of IMAX Entertainment and Senior Executive Vice President, IMAX Corp., continuing to report directly to IMAX CEO Richard L. Gelfond. Prior to the appointment, Foster was Chairman and President of IMAX Entertainment.

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Global Showbiz Briefs: IMAX In Israel, BSkyB Scores, FIFA Reviews World Cup In 3D, ‘Summer In February’ Lines Up International & More

IMAX president Richard Gelfond told the Israeli Presidential Conference today that the experience of going to the movies will always appeal despite the proliferation of mobile devices. “People are social animals and I don’t think they want to be chained to their couches, mobile devices and tablets. They want to go out,” Gelfond said, according to Reuters. “They recognize the fact that Steven Spielberg and James Cameron may be better at telling a story than a 16-year-old over the Internet. I think they can exist side by side.” Also on Thursday, IMAX and Germany’s largest exhibitor CineStar Cinemas said they would partner to put an IMAX theater at the CineStar Sony Centre in Berlin. The giant Potzdamer Platz multiplex hosts big film premiers and is familiar to Berlin Film Festival regulars. The new theater will eventually transition to IMAX’s next-generation laser digital projection system which boasts greater brightness and clarity, a wider color gamut and deeper blacks. IMAX EMEA president Andrew Cripps noted that Germany is an under-penetrated market for the company where it is looking to expand. Read More »

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IMAX Taps Eileen Campbell To Run Global Marketing

By | Tuesday May 28, 2013 @ 7:11am PDT

NEW YORK – May 28, 2013 — IMAX Corporation (NYSE: IMAX; TSX: IMX) today announced the appointment of Eileen Campbell as Chief Marketing Officer, effective July 15. Campbell will lead the Company’s global marketing function.

“The IMAX brand is one of our most valuable assets and has become synonymous with the ultimate movie-going experience for audiences worldwide,” said IMAX CEO Richard L. Gelfond. “We believe Eileen’s impressive marketing and leadership credentials coupled with her analytic-based approach to brand-building will help us to strengthen and extend our brand value in support of our continued growth. I am delighted to welcome Eileen to IMAX and I look forward to her contributions.”

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IMAX Hires Roger Pollock For International Marketing Post

By | Thursday May 16, 2013 @ 9:55am PDT

LOS ANGELES – May 16, 2013 – IMAX Corporation (NYSE:IMAX; TSX:IMX) today announced the appointment of Roger Pollock to the newly created role of Head of International Film Marketing. In this role, which will be based at the Company’s Entertainment headquarters in Santa Monica, Pollock will be responsible for directing the international marketing strategy and execution for IMAX DMR releases. A highly experienced film industry executive, Pollock was most recently Executive Vice President, International Distribution and Operations for London-based Paramount Pictures International. Previously, he was Senior Vice President and head of EMEA for United International Pictures.

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Hot Trailer: Sony’s 3D War Drama ‘Stalingrad’

By | Monday May 13, 2013 @ 3:08am PDT

Sony Pictures Releasing International will distribute Stalingrad in Russia, with a date to be set. The first Russian-made feature to go out in IMAX 3D is an epic love story set during the devastating WWII battle for Stalingrad that lasted more than six months and ended with the German army surrendering in 1943. Machete KillsAlexander Rodnyansky produces with Sergey Melkumov for Non-Stop Production and Dmitry Rudovsky for Art Pictures. Inhabited Island helmer Fedor Bondarchuk directs from a script by Iliya Tilkin and Sergey Snezhkin. Here’s the trailer:

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‘Star Trek Into Darkness’ Bow Moved Up

By | Tuesday May 7, 2013 @ 9:08am PDT

Paramount Pictures just announced it is shifting the official wide-release date of JJ Abrams’ sequel Star Trek Into Darkness from Friday, May 17 to Thursday, May 16 noting that sellouts are being reported for IMAX’s sneak-peek 8 PM shows Wednesday. IMAX screenings offering up about 30 minutes of footage shot with IMAX cameras are sold out in LA, NY, Philadelphia, Washington D.C., Seattle, Austin, San Francisco, Houston, San Diego and Minneapolis. The release date of the pic, from Paramount and Skydance, already had gotten a bump in the UK, where last month it was shifted up a week to May 9 in IMAX 3D, 3D and 2D cinemas.

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IMAX Q1 Earnings Miss Forecasts Despite Strong Box Office Results

By | Thursday April 25, 2013 @ 5:40am PDT

The main culprit appears to be a drop in joint revenue sharing deals as IMAX installed four new theaters under these arrangements in Q1 vs eight in the same period last year. All told, the company reported net income of $2.9M, +14%, on revenues of $49.9M, -10.3%. Analysts expected revenues of $54.2M. And earnings per share, at 8 cents not including stock-based compensation and a one-time tax benefit, were a penny shy of the Street’s consensus forecast. Helped by films including Oz The Great And Powerful, the gross box office for IMAX’s digitally remastered films was $128.7M, +5.8%, generating Q1 revenues of $14.4M, +4.3%. The company has announced 28 titles that it will run this year but says it “remains in discussions with virtually every major studio” for additional releases with a plan to match last year’s 35. Summer films including Iron Man 3, Star Trek Into Darkness, and Man Of Steel provide “a strong foundation for our full portfolio of films this year,” CEO Rich Gelfond says. The company had 738 theaters at the end of March, including 606 in commercial multiplexes, with plans to build or upgrade 283. The joint revenue sharing deals generated $9.4M in revenue in Q1, -19.7%. By targeting “underpenetrated international regions,” Gelfond says that IMAX will continue to promote itself as “a unique player in the global entertainment industry.”

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‘Metallica Through The Never’ Pic Opens September 27 With IMAX Run

By | Wednesday April 24, 2013 @ 9:27am PDT

Bob Berney’s rebooted Picturehouse has set the release pattern for its first distribution effort, the 3D feature starring Metallica’s band members and Chronicle‘s Dane DeHaan. Metallica Through The Never is written and directed by Nimrod Antal and marries groundbreaking concert footage and editing techniques with a feature film narrative, in which a band crew member (DeHaan) is sent out on a mission during Metallica’s roaring show. While out, he unexpectedly has his life turned completely upside down. Charlotte Huggins (Journey To The Center Of The Earth) produced. The pic will get an exclusive one-week IMAX run in North America beginning September 27 before expanding into more theaters October 4.

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‘Despicable Me 2′ Gets IMAX 3D Treatment As Part Of International Release

By | Thursday April 18, 2013 @ 6:19pm PDT

Universal and Illumination Entertainment‘s Despicable Me 2 begins its international release on June 20th in 2D and 3D theaters and in select IMAX theaters. Chris Meledandri’s sequel features a return of the Minions, plus a manic rabid chicken and new villain El Macho voiced by Al Pacino. Steve Carell returns as super-villain Gru. 2010′s Despicable Me grossed more than $543 million worldwide. Despicable Me 2 will be released domestically on July 3rd.

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Sony To Release IMAX 3D Pic ‘Stalingrad’ In Russia

By | Tuesday April 16, 2013 @ 8:29am PDT

CULVER CITY, Calif., April 16, 2013 – STALINGRAD, the first Russian-made feature to be released in the immersive IMAX® 3D format, will be distributed in Russia by Sony Pictures Releasing International.

An epic love story set during one of the most devastating battles in modern history, STALINGRAD’s teaser trailer will be screened for the first time in the U.S. on April 17, 2013at Caesar’s Palace in Las Vegas, when Sony makes its annual presentation at CinemaCon. The announcement was made today by Rory Bruer, president of Worldwide Distribution for Sony Pictures Releasing, and Alexander Rodnyansky, head of A.R.Films and producer of STALINGRAD. The deal was negotiated by Paul Heth of Monumental Pictures.

The movie was shot completely on location in Russia; it is directed by Fedor Bondarchuk and produced by Alexander Rodnyansky and Sergey Melkumov for Non-Stop Production and Dmitry Rudovsky for Art Pictures. The film is written by Iliya Tilkin and Sergey Snezhkin. The release date in Russia will be announced shortly.

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