Imax Seeks to Expand in China; in Talks in India: CEO Gelfond

The transcript discusses the surprising economic recovery in China post-COVID, highlighted by a record-breaking Chinese New Year. It covers the expansion of cinema installations in China and the return of Hollywood movies after a three-year hiatus. The global expansion of cinema, particularly in Asia, is driven by strong box office performances, notably the 'Avatar Effect.' The transcript also explores audience preferences, emphasizing a continued interest in blockbuster films despite the success of diverse stories like 'Everything Everywhere.'

What role do movie complexes play in the broader context of the Chinese economy?

What are the implications of the 'Avatar Effect' on global box office trends?

How has the audience's preference shifted in terms of movie genres and storytelling?