IMAX CLOSES OUT 2021 WITH BEST FOURTH QUARTER AT THE GLOBAL BOX OFFICE SINCE 2017
IMAX Corporation reported a record-breaking $277 million in fourth quarter grosses for 2021, marking its best performance since 2017. Driven primarily by Spider-Man: No Way Home, which grossed $83 million, the company achieved a total of $638 million globally for the year, up 146% from 2020. IMAX also had a record year for local language films, generating $181.6 million. The 2022 slate includes at least ten films Filmed for IMAX, hinting at strong future performance.
- Fourth quarter grosses of $277 million, best since 2017.
- Full-year global box office of $638 million, up 146% compared to 2020.
- Record $181.6 million for local language films, a 36% increase from 2019.
- Strong 2022 slate with at least ten major releases filmed for IMAX.
- None.
NEW YORK, Jan. 3, 2022 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) cemented its leadership at the global box office with
IMAX delivered
"IMAX has always delivered a unique, unmatched experience to moviegoers, and we are seeing that differentiation crystal clear in our industry-leading box office results," said Rich Gelfond, CEO of IMAX. "With our diversifying slate of global blockbusters and more releases than ever Filmed for IMAX, we head into a strong 2022 slate with great momentum. There is no question that audiences worldwide are returning to the movies and, in particular, IMAX."
IMAX recorded five releases in the fourth quarter grossing more than
- "Spider-Man: No Way Home" —
$83.1 million - "Dune" –
$43.9 million - "No Time to Die" —
$43.7 million - "The Battle at Lake Changjin" —
$31.6 million - "Eternals" —
$25.2 million
At least ten releases among the 2022 slate are Filmed for IMAX or include IMAX-exclusive expanded aspect ratio, including "Top Gun: Maverick," "Thor: Love and Thunder," "Black Panther: Wakanda Forever," and more.
About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theaters to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.
IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2021, there were 1,664 IMAX theater systems (1,580 commercial multiplexes, 12 commercial destinations, 72 institutional) operating in 85 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970."
IMAX®, IMAX® Dome, IMAX® 3D, IMAX® 3D Dome, Experience It In IMAX®, The IMAX Experience®, An IMAX Experience®, An IMAX 3D Experience®, IMAX DMR®, DMR®, IMAX nXos® and Films to the Fullest®, are trademarks and trade names of the Company or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Instagram (https://www.instagram.com/imax), Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
For additional information please contact:
Investors:
Brett Harriss
bharriss@imax.com
212-821-0187
Media:
Mark Jafar
mjafar@imax.com
212-821-0102
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SOURCE IMAX Corporation
