Workflow
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
IMAXIMAX(IMAX) CNBC·2025-02-21 16:30

Core Insights - IMAX is projected to achieve a record box office revenue of 1.2billioninthecurrentyear,accordingtoCEORichGelfond[1][2]Theanticipatedstrongperformanceisattributedtoarobustslateofupcomingblockbusterfilms[2]Group1:FinancialPerformanceTheexpected1.2 billion in the current year, according to CEO Rich Gelfond [1][2] - The anticipated strong performance is attributed to a robust slate of upcoming blockbuster films [2] Group 1: Financial Performance - The expected 1.2 billion box office haul would represent the best performance in IMAX's history [1] - This projection indicates a significant growth opportunity for the company in the film exhibition market [1] Group 2: Upcoming Film Releases - Key titles contributing to the strong outlook include a new "Mission Impossible," a live-action "How to Train Your Dragon," another "Jurassic Park" installment, a sequel to "Zootopia," and a third "Avatar" release [2] - The diverse range of blockbuster films set for release over the next 10 months is expected to drive audience attendance and revenue [2]