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NEW 3-D THEATERS UNDERCUT IMAX
Thursday, November 8 2007
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The ability of movie theaters equipped with new digital projectors to offer films in 3-D may undercut a major selling point of Imax Corp., which until recently had cornered the 3-D market, the Wall Street Journal observed today (Thursday). The newspaper observed that currently it costs studios around $30,000 for each print of an Imax movie versus $1,000 for a regular (presumably digital) film. However, Imax itself is moving into digital projection and has begun leasing camera equipment to studios that enables producers to "film" directly in the Imax format rather than having to convert material to it, the Journal reported. The cameras are currently being used to shoot scenes for Warner Bros.' Batman movie, The Dark Knight. However, traditional Imax filmmakers have expressed disappointment with the digital projectors and cameras. Soames Summerhays, who has made several Imax documentaries, told the Journal: "We've got a degradation of the brand."
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IMAX SIGNS ITS BIGGEST DEAL EVER IN ASIA
Thursday, September 20 2007
Marking
its
biggest
deal
ever
in
the
Asian
market,
IMAX
announced
Wednesday
that
it
has
received
an
order
from
the
Chinese
theater
chain
Wanda
Cinema
Line
Corp.
for
the
installation
of
10
giant-screen
theaters
by
the
end
of
2010,
with
the
first
two
to
open
by
the
end
of
this
year.
The
initial
installations
will
employ
IMAX's
film-projection
technology,
while
the
remainder
will
feature
digital
projection,
the
company
said.
(more)
BIG SCREEN IMAX HAULING IN BIG BUCKS
Monday, July 23 2007
Saying
that
he
was
"absolutely
thrilled"
by
its
performance,
IMAX
chief
Brad
Wexler
said
Friday
that
the
giant-screen
version
of
Harry
Potter
and
the
Order
of
the
Phoenix
took
in
$11.6
million
in
91
domestic
and
35
international
IMAX
theaters
during
its
opening
week,
producing
a
record
$92,000
per-screen
average.
Ticket
sales,
Wexler
said,
were
stoked
by
the
18-minute
3-D
finale.
"This
kind
of
immersive
experience
is
impossible
to
replicate
at
home
or
in
any
(more)
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