Economic Finesse
  • Business
  • Stock
  • Politics
  • Investing
No Result
View All Result
  • Business
  • Stock
  • Politics
  • Investing
No Result
View All Result
Economic Finesse
No Result
View All Result
Home Business

IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

February 23, 2025
in Business
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.

That volume would mark the best box office haul for the company, which specializes in high-resolution cameras, film formats, projectors and theaters.

“I think it’s going to be a very strong year,” Gelfond said in an interview with CNBC’s “Squawk on the Street.” “The first thing that drives that is the slate.”

Gelfond pointed to several blockbuster titles slated for release in the next 10 months, including a new “Mission Impossible,” a live-action “How to Train Your Dragon” film, another “Jurassic Park” installment, a sequel to “Zootopia” and a third “Avatar” release.

Hollywood production issues led to fewer theatrical releases and smaller ticket sales in 2024, with box office receipts down 3.4% from 2023 to $8.74 billion. Already, the 2025 slate appears more robust, with more titles and bigger franchise films.

Aiding IMAX’s lofty box office goals is the Chinese title “Ne Zha 2,” which has already garnered $1.6 billion globally. It is the first film to have topped $1 billion in a single country. Gelfond noted that IMAX accounted for $135 million of the film’s total box office.

“We’ve done more box office in China in the first six weeks of this year than we did the whole year last year,” he said.

He added that “Ne Zha 2” is doing “like $100 million a day,” and that IMAX has accounted for around 13% of the film’s box office receipts.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is the distributor of “How to Train Your Dragon” and “Jurassic World Rebirth.”

This post appeared first on NBC NEWS

Previous Post

This Is How I Crush The Benchmark S&P 500 In Any Market

Next Post

PDAC Presentation

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Is a Chinese chain’s blood orange cold brew the future of coffee in America?

    Is a Chinese chain’s blood orange cold brew the future of coffee in America?

    July 8, 2025
    The Best Five Sectors, #26

    The Best Five Sectors, #26

    July 8, 2025
    Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

    Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

    July 8, 2025
    Canadian Investment Regulatory Organization Trade Resumption – STUD

    Canadian Investment Regulatory Organization Trade Resumption – STUD

    July 8, 2025

    Disclaimer: economicfinesse.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Browse by Category

    • Business
    • Investing
    • Politics
    • Stock

    Recent News

    Is a Chinese chain’s blood orange cold brew the future of coffee in America?

    Is a Chinese chain’s blood orange cold brew the future of coffee in America?

    July 8, 2025
    The Best Five Sectors, #26

    The Best Five Sectors, #26

    July 8, 2025
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Economic Finesse. All Rights Reserved.

    No Result
    View All Result
    • About us
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
    • Home 6
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2024 Economic Finesse. All Rights Reserved.