New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 28, 2014
08:44 EDTIMAXIMAX China valuation higher than initially thought, says MKM Partners
After reevaluating IMAX's sale of a minority interest in IMAX China last month, MKM Partners now believes that IMAX China is being valued at a premium closer to 4-5 turns higher than the company's overall valuation, versus earlier estimates of in-line to just under a 1-turn premium. The firm now thinks the company may spin off the subsidiary in an IPO within the next 24-36 months. It keeps a $36 price target and Buy rating on the shares.
News For IMAX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 11, 2016
07:37 EDTIMAXIMAX and T-Joy co. Ltd. enters into two-theatre agreement
IMAX and T-Joy Co., a subsidiary of Toei Company, Japan's film production and distribution company, and one of Japan's largest exhibitors, announced an agreement for two IMAX theatres. The theatres will be added to existing T-Joy complexes in the cities of Tokyo and Yokohama, Japan, and brings to 42, the total number of IMAX screens in the country, of which 25 theatres are currently open and 17 are contracted to open. The deal marks the first exhibition agreement with Toei Company Ltd. The parties first joined forces in 2013 for the IMAX release of Toei's Dragon Ball Z: Battle of Gods, which marked the first IMAX local-language release in Japan. The film was followed with the 2015 IMAX release of Toei's Dragon Ball Z: Resurrection F. Both films were the highest-grossing titles in Japan during their respective opening weekends.
February 4, 2016
07:38 EDTIMAXIMAX announces agreement for two new IMAX theatres in UAE
Subscribe for More Information
February 1, 2016
07:35 EDTIMAXIMAX, Discovery enter global distribution, marketing partnership
IMAX (IMAX) announced a distribution and marketing partnership, which provides Discovery Communications' (DISCA, DISCB, DISCK) flagship network Discovery Channel with 18 months of exclusive paid global television rights for up to 10 IMAX documentary films to be released through the IMAX Original Film Fund, following the titles' theatrical release across the IMAX institutional theatre network. The alliance marks IMAX's first television distribution agreement for original content. Under the partnership agreement, Discovery Channel will air IMAX documentaries worldwide following their theatrical IMAX release, and consult on development, production and marketing. The IMAX Original Film Fund was established in 2014 to deliver new educational documentaries for the Company's institutional partners, which include many of the world's most prestigious museums, science centers and aquariums. The Fund will finance an ongoing supply of educational documentaries that push the envelope of traditional documentary filmmaking for a new generation of moviegoers.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use