Advanced Television

IMAX

IMAX revenues dip despite Avatar sequel

Giant cinema screen specialist IMAX has reported lower quarterly revenues despite being helped during the quarter by the record box-office takings from Avatar: The Way of Water and a recovery at its Chinese theatres. IMAX’s overall Q4 revenues were 10 per cent down at $98 million (€92.5m) on the same period a year ago ($108.6 […]

February 23, 2023By Chris Forrester

SSIMWAVE to compare broadcast and OTT streams for Super Bowl

SSIMWAVE, an IMAX company, will show which video providers bring their ‘A Game’ to this Sunday’s pro football championship game when its Emmy Award-winning technology compares the video quality of more than a half-dozen broadcast and OTT streams of this Sunday’s game. SSIMWAVE will use its patented technology to measure every second and every frame […]

February 7, 2023

Jamal returns to SSIMWAVE as VP, Marketing

Saj Jamal, who has helped to shape the fortunes of blue chip and technology companies during a 30-year marketing career, has returned to SSIMWAVE as Vice President, Marketing as the company is poised to advance the filmmaker-to-fan streaming experience following its acquisition by IMAX. IMAX is trusted by top filmmakers and studios to deliver innovative […]

January 25, 2023

AWS, SSIMWAVE tackle sports streaming quality in webinar

Optimising live sports video quality to give streaming services a competitive edge will headline the agenda when AWS Principal Solutions Architect Thomas Edwards joins SSIMWAVE CEO and Co-Founder Dr. Abdul Rehman for a special webinar on December 5th. Edwards and Rehman will discuss how video quality has emerged as a critical differentiator in the high-stakes […]

November 29, 2022

IMAX lifts revenues, but still at net loss

Giant screen theatre operator IMAX has seen its box office rise 25 per cent (y-o-y) during its Q3, but still reported an (adjusted) net loss, not helped by the continuing Covid problems in China – one of its key markets – and a lull in blockbuster releases. Overall revenue at IMAX came in at to […]

November 1, 2022By Chris Forrester

Rakuten TV expands IMAX movie collection

IMAX Corporation, DTS, a wholly owned subsidiary of Xperi, and Rakuten TV, the VoD platform, have announced an expansion of the IMAX Enhanced movie collection with Rakuten TV’s commitment to carry one hundred titles in the IMAX Enhanced format, arriving over the next six months “We are thrilled to continue our relationship with Xperi and […]

October 13, 2022

IMAX acquires SSIMWAVE

Entertainment technologist IMAX has acquired AI-driven video quality solutions specialist SSIMWAVE. IMAX says the move marks a significant expansion of its strategy to deliver the highest quality video images on any screen; to drive new, recurring revenue; and grow its global leadership in entertainment technology. Under the terms of agreement, IMAX acquired SSIMWAVE for $18.5 […]

September 23, 2022

IMAX to double share buy-back

Giant screen specialist IMAX is to double its share repurchase scheme from the existing planned $200 million (€220m) to $400 million. The announcement was made to the New York Stock Exchange on September 7th. IMAX has been steadily buying in its own shares for cancellation since 2017 and costing the cinema operator $175 million. The […]

September 8, 2022By Chris Forrester

IMAX Q2 helped by Top Gun: Maverick

Giant screen operator IMAX, despite a challenging trading period in China because of Covid, turned in a very respectable revenue improvement of 3.1 per cent in its Q2 results with total box office up 128 per cent and its revenues jumping 45 per cent (y-o-y) to $74 million. It still ended up with a trading […]

August 1, 2022By Chris Forrester

IMAX enjoying multiple tailwinds

IMAX’s May 2022 global box office was higher than that of pre-Covid levels, and its future performance should be supported by a good slate of movies for the second half of 2022 and 2023, says the company. IMAX also announced that it had also struck an agreement with the UK’s Odeon Cinemas Group (owned by […]

June 20, 2022By Chris Forrester