IMAX China 'Strongly Encouraged and Optimistic' About Prospects, CFO Says

The transcript discusses the success of IMAX during the Chinese New Year, highlighting a record 40% increase in box office takings, driven by the sci-fi film 'Wandering Earth'. The company is optimistic about future growth, despite concerns about market saturation, and plans to expand its theater presence in China. IMAX aims to continue offering a premium, differentiated experience with new technology and a focus on securing top films that suit the IMAX format.

What factors contributed to the record box office takings during the Chinese New Year period?

How did the film 'Wandering Earth' impact the Chinese cinema landscape?

Discuss the government's role in the expansion of theaters in China by 2020.

What is the current market share of IMAX in China, and what are the implications of this figure?

What strategies does IMAX plan to implement to maintain its growth in the Chinese market?