IMAX News & Events

IMAX Corporation and Asian Cinemas announced an agreement for three new state-of-the-art IMAX(R) with Laser locations in India through the AMB Cinemas brand. Two of the new locations will be in Hyderabad, the capital city of the southern Indian state of Telangana and a major hub of the Telugu-language film industry. The first location, at the AMB Classic in Hyderabad, will open before the end of 2026, with the two remaining locations planned for 2028.

IMAX Corporation and Georgia Theatre Company, GTC, announced an agreement for five new IMAX with Laser locations across the southeastern United States. The agreement will bring five new IMAX locations across Georgia, North Carolina and South Carolina, including to Myrtle Beach, a popular year-round tourist destination. Two locations will open in 2027, with the additional locations opening in 2028 and 2029. "The IMAX experience continues to redefine what audiences expect when they go to the movies," said Bo Chambliss, President of Georgia Theatre Company. "The response to our first IMAX location exceeded our expectations and reinforced our belief that guests are seeking immersive, high-quality theatrical experiences that cannot be replicated at home. Expanding our partnership with IMAX allows us to continue investing in presentation, innovation, and the long-term future of moviegoing across the communities we serve."

IMAX Corporation delivered a $24.4M four-day Memorial Day weekend debut for Disney/Lucasfilm's "The Mandalorian and Grogu" - an impressive 14.8% of the global debut and a top-three all-time finish for the holiday that signals the start of summer blockbuster season. The first-ever Filmed For IMAX release from the "Star Wars" saga, "The Mandalorian and Grogu" earned $14.5M over the four-day holiday weekend in North America -14.5% of its North American debut on just 1% of screens. This marks the second highest IMAX domestic market share of any opening of $100M or more, and 30% higher IMAX market share than any previous entry in the "Star Wars" franchise. The launch of "The Mandalorian and Grogu" extends the Company's strong run of success in the second quarter behind hits "Project Hail Mary," "The Super Mario Galaxy Movie," and "Michael." International markets delivered $9.6M in IMAX box office for "The Mandalorian."

Stocks closed higher on Friday amid strong earnings and cautious signs of progress toward ending the U.S. conflict with Iran. The Dow advanced to a record high, while the S&P 500 and the Nasdaq 100 posted their eighth week of gains ahead of the long holiday weekend.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Estee Lauderand Puigannounced that the parties haveregarding a potential business combinationImaxis exploring a sale, according toWorkdayreportedand reiterated its FY27 revenue guidanceZoom Communicationsprovided areport for Q1Deckers Outdoorreportedand provided its outlook for FY272. WALL STREET CALLS:JPMorganSweetgreenon ramping brand transformationViking Holdingsto Buy at Truist on strong demand trendsJefferiesGeneracon data center contract potentialSummit Therapeuticsto Neutral at H.C. WainwrightInspire Medicalto Underperform at BofA on coding overhang3. AROUND THE WEB:Nintendoaims to make about 20M Switch 2 consoles in the year through March, Bloomberg reportsMicrosoftagreed to pay $250M to settle investor litigation over its massive takeover Activision Blizzard, Bloomberg saysSony'sBungie plans to lay off a significant number of workers as it concludes active development on "Destiny 2," Bloomberg saysStarbucksshut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items, Reuters saysSamsungis set to distribute about $26.6B to its 78,000 chip employees, or a $340,000 bonus to each, in early 2027 as part of a last-minute labor union deal, Bloomberg reports4. MOVERS:Pelotongained afterEnviriin the S&P 600Rocket Labsincreased after completing its ninthGileadwas higher after the FDA approved the company'sFutu Holdingsand UP Fintechfell in New York afterhas launched a broad crackdown on unauthorized cross-border investingImmunityBiodeclined after reportingand presenting preliminary results from a new health economic analysis on that ANKTIVA plus Bacillus Calmette-Guerin5. EARNINGS/GUIDANCE:BJ's Wholesaleand backed its guidance for FY26 after what CEO Bob Eddy called "a strong first quarter"Take-Two, with EPS missing consensusBooz Allenand provided guidance for FY27Ross Stores, with EPS and revenue beating consensusGlobal Ship Lease, with EPS lower year-over-yearINDEXES:The Dow rose 294.04, or 0.58%, to 50,579.70, the Nasdaq gained 50.87, or 0.19%, to 26,343.97, and the S&P 500 advanced 27.75, or 0.37%, to 7,473.47.