Imax Is in the Block-Buster Business, CEO Gelfond Says

The transcript discusses IMAX's business model, emphasizing its focus on blockbuster films and international markets. It explores the potential impact of the Disney-Fox merger on the movie industry, particularly in terms of blockbuster production. The conversation also covers box office trends, highlighting the cyclical nature of movie success. Technological innovations at IMAX, such as laser projection and sound systems, are discussed. The challenges posed by streaming services like Netflix and YouTube are addressed, along with the concept of movie pass subscriptions. Finally, IMAX's 50th anniversary is celebrated with a mention of iconic films.

What is a key factor in IMAX's business model that differentiates it from traditional exhibitors?

• It relies on ticket sales from local theaters.

• It focuses on independent films.

• It earns a percentage of box office revenue from studios and exhibitors.

• It only operates in domestic markets.

How might a Disney-Fox deal affect the movie industry according to the transcript?

• It would decrease the number of blockbuster films.

• It would increase the number of big-budget films.

• It would eliminate the windowing system.

• It would lead to fewer international releases.

What is the current trend in the movie industry as discussed in the transcript?

• A focus on streaming over theatrical releases.

• Cyclical patterns of good and bad periods.

• A shift towards more independent films.

• A permanent decline in blockbuster success.

What technological innovation is IMAX investing in to enhance the viewing experience?

• Virtual reality headsets.

• Laser projection technology.

• Augmented reality screens.

• 4D motion seats.

How does IMAX view the competition from streaming services like Netflix?

• As a direct threat to their blockbuster business.

• As a reason to stop producing blockbusters.

• As an opportunity to collaborate on midmarket films.

• As irrelevant to their business model.

What is IMAX's stance on the movie pass subscription model?

• They fully support it and include IMAX films.

• They believe the current pricing is too low.

• They think it will replace traditional ticket sales.

• They have not formed an opinion on it.

Which film does the speaker recommend watching in an IMAX theater?

• Thor

• Rolling Stones at the Max

• Justice League

• Star Wars