IMAX China Says 2017 Looks to Be Excellent Film Year

The transcript discusses the decline in China's box office in 2016 and the strategic positioning of IMAX in the Chinese market. Despite increased competition from other players, IMAX remains optimistic due to its strong market presence and strategic partnerships. The discussion also covers the potential impact of Hollywood film import agreements and trade tensions on the Chinese cinema industry. Looking ahead, 2017 is expected to be a promising year for the box office with several blockbuster releases anticipated.

What was the percentage decline in China's box office sales in 2016 compared to 2015?

• 15%

• 20%

• 13%

• 10%

Which company is mentioned as a competitor to IMAX in the Chinese cinema market?

• Paramount Pictures

• Dolby Laboratories

• Universal Studios

• Sony Pictures

What is one of the key factors that IMAX relies on to maintain its market leadership?

• Differentiated cinema experience

• Government subsidies

• Lower ticket prices

• Exclusive film rights

What is the significance of the US-China deal mentioned in the transcript?

• It increases the number of Chinese actors in Hollywood films.

• It reduces tariffs on Chinese film equipment.

• It expands the number of Hollywood films imported to China.

• It allows more Chinese films to be shown in the US.

What is a major concern regarding the US-China film import agreement?

• The cost of film production in China

• The number of Chinese films allowed in the US

• The quality of Hollywood films

• The impact of trade tensions on the agreement

What is the expected trend for the Chinese box office in 2017 according to Jim?

• Complete market overhaul

• Continued decline

• Recovery and growth

• Stagnation

Which upcoming film is NOT mentioned as part of the 2017 blockbuster lineup?

• Guardians of the Galaxy

• Transformers

• Fast and Furious

• Avatar