IMAX Says Overseas Audiences Propelling Strong Dark Knight Sales
By
DAVID LIEBERMAN, Executive Editor | Thursday July 26, 2012 @ 10:33am EDT
The companys thoughts and prayers are with the victims of the Aurora shooting, CEO Richard Gelfond told analysts this morning. But while the tragedy could make domestic IMAX attendance for
The Dark Knight Rises a little flatter than we thought, it shouldnt prevent the film from being a solid success especially abroad. The company reports that its theaters showing the Warner Bros film are at capacity virtually everywhere. The Batman film is generating $57,000 per screen domestically and $75,000 overseas. That has amounted to as much as $4M a day during the week. The film includes more than 70 minutes of footage shot with IMAX cameras. We believe that the success of this film will drive longer term benefits to our business like continued theater signings momentum and interest in IMAX differentiation among filmmakers, Gelfond says. IMAX has the right to show
Dark Knight for eight weeks, but has some flexibility to keep it longer or swap it out if the sales dont hold up. The company said today that it plans to show Sonys
Total Recall: The Imax Experience and Universals
The Bourne Legacy: The IMAX Experience in some international markets beginning in August. IMAX shares are down about 3.8% in early trading following the
release of its Q2 earnings.