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NEW YORK , July 11, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its second quarter 2024 financial results on Thursday, July 25 th at 8:30 a.m. Eastern Time.
Investors need to pay close attention to Imax (IMAX) stock based on the movements in the options market lately.
I expect IMAX to enjoy a strong flywheel effect, as it helps the movie industry to address consumers' preference for a premium experience. Per my model, I think IMAX could be worth $23. IMAX's growth runway is still long (now just 50% penetration.
Investors interested in Film and Television Production and Distribution stocks are likely familiar with iQIYI, Inc. Sponsored ADR (IQ) and Imax (IMAX). But which of these two stocks offers value investors a better bang for their buck right now?
IMAX partners with Wanda Film in China to upgrade 61 top-performing locations to IMAX with laser.
Netflix could struggle with expanding outside core business: IMAX CEO on 'Netflix House' experiences
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Imax and Wanda Film, China's largest exhibitor, have announced a big expansion of their longtime strategic partnership there spanning technology and content. The agreement calls for Wanda Film to upgrade 61 of its top performing locations to state-of-the-art Imax with Laser technology including in Beijing, Shanghai, Guangzhou and Shenzhen.
Wanda Film to Upgrade 61 Top-Performing Locations to IMAX® with Laser and Collaborate with IMAX on New Events and Experiences SHANGHAI , June 18, 2024 /PRNewswire/ -- Wanda Film, China's largest exhibitor, and IMAX Corporation (NYSE: IMAX), IMAX China (HKSE: 1970) today announced plans to expand their longstanding strategic partnership with a sweeping agreement spanning technology and content. The agreement will secure and fortify Wanda Film's leading IMAX footprint — the largest IMAX circuit in China.
Warner Music, News, Lions and IMAX have been highlighted in this Industry Outlook article.
Film and television production and distribution companies like WMG, NWSA, LGF.A and IMAX are thriving due to the heightened consumption of digital entertainment and a revitalized advertising spending climate.