AMERICANS SPENT $7.5 billion going to the movies last year. That made most theater owners happy, but not Imax Corp.'s co-chief executive, Richard Gelfond. Moviegoers spent just $416million to watch ...
Money-losing Imax Corp. is pegging its hopes to return to profitability next year on a slate of about a dozen films--two of them from Walt Disney Co.--which executives believe represents the best ...
TORONTO — Posting a year-end loss of $145.1 million, Imax execs Friday pronounced the restructuring of the large-screen film company complete and promise a return to profitability this year. “We’re ...
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