IMAX Collects $1.06B Globally in 2023, Nears 2019 Record
CMCSAComcast(CMCSA) Zacks Investment Research·2024-01-10 20:31

IMAX Corporation (IMAX) announced that it achieved a global box office collection of 1.06billionin2023,makingitthesecondhighestgrossingyearinthecompanyshistory.Thissuccesswasattributedtoadiverseportfolioofexperiences,includingHollywoodandlocallanguagefilms,concertsandliveevents.IncludingbookingfeesinChina,thefigurerisesto1.06 billion in 2023, making it the second-highest grossing year in the company's history. This success was attributed to a diverse portfolio of experiences, including Hollywood and local language films, concerts and live events. Including booking fees in China, the figure rises to 1.09 billion, near its highest grossing year ever, with $1.1 billion in pre-pandemic movie ticket sales worldwide in 2019. The company experie ...