IMAX Corp

A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024. Benoit Tessier | ReutersMany of the world's greatest athletes will make their big-screen debut in IMAX theaters this summer.NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July 26 will play on more than 150 IMAX screens in the U.S.The Summer Olympics opening ceremony will be the first not held in a stadium. Instead, organizers will send Olympians down the River Seine on a…

Sandworms emerge on the desert planet Arrakis in Denis Villeneuve's "Dune: Part Two."Warner Bros. | Legendary EntertainmentAfter a two-month drought, "Dune: Part Two" has delivered a much-welcomed deluge of ticket sales to the domestic box office — and its success could bring a third franchise film to cinemas.The Warner Bros. and Legendary Entertainment film opened with an estimated $81.5 million at the box office, the highest of any film released so far in 2024."Like an oasis in the desert, 'Dune: Part Two' is a sight…

An employee adds letters for upcoming film releases "Oppenheimer" and "Barbie" to a marquee at the Colonial Theater on July 16, 2023 in Phoenixville, Pennsylvania.Hannah Beier | The Washington Post | Getty ImagesHollywood's biggest weekend at the box office in years wasn't fueled by superheroes, Jedi or the promise of a sequel.Sure, there were big names — Barbie, the iconic fashion doll; Oppenheimer, the father of the atomic bomb; and, of course, directors Greta Gerwig and Christopher Nolan. But what set "Barbenheimer"…

Moviegoers line up at the AMC Loews Lincoln Square box office on March 05, 2021 in New York City.Michael Loccisano | Getty ImagesCinema stocks jumped Thursday after a report said Apple plans to spend $1 billion a year on theatrical film releases.The investment is part of the tech company's efforts to raise its profile in Hollywood and lure subscribers to its streaming service, Apple TV+, Bloomberg reported, citing people familiar with the matter.Typically, Apple has released films directly to its streaming platform or…

Avatar: The Way of WaterCourtesy: Disney Co.Disney's "Avatar: The Way of Water" has topped $2 billion at the global box office, marking the second James Cameron film to reach this benchmark.Only five other films have hit this metric — the original "Avatar," "Avengers: Endgame," Cameron's "Titanic," "Star Wars: The Force Awakens" and "Avengers: Infinity War."As of Sunday, "The Way of Water" had tallied $598 million from domestic ticket sales and $1.426 billion from foreign markets. The film is the sixth highest-grossing…

Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases.The tech company plans to make between 12 and 15 movies for movie theaters each year, Bloomberg reported, citing people familiar with the matter. A smaller number of films will be produced in 2023 as Amazon builds up its output, the report said.Cinemark jumped 11% on the news, with IMAX up 7% and AMC up 5%.Amazon declined to comment.Amazon has deepened its investments in original content over the…

A Walgreens store is seen on August 07, 2019 in Miami, Florida.Joe Raedle | Getty ImagesCheck out the companies making headlines in midday trading.Doximity — The online platform for medical professionals skyrocketed more than 27% after the company reported better-than-expected quarterly results. Doximity also announced a new share repurchase program.Walgreens — Shares rose 6% after an upgrade to buy from hold Deutsche Bank, which said it liked Walgreens' merger and acquisition plans.Coinbase — Coinbase jumped 9% after…

Angela Bassett stars as Queen Ramonda in Marvel's "Black Panther: Wakanda Forever."DisneyLong live the king.Disney's latest entrant in the Marvel Cinematic Universe, "Black Panther: Wakanda Forever," is on pace for a stellar theatrical debut this weekend, with box office analysts suggesting it could outpace the $185 million average forecast and top $200 million in domestic ticket sales.The long-awaited sequel to 2018's smash hit "Black Panther" isn't just another Marvel film. It is a memorial to the late actor Chadwick…

Set more than a decade after the events of the first film, "Avatar: The Way of Water" tells the story of the Sully family.DisneyThe 2022 box office is a Hollywood underdog story come to life.Despite nearly 40% less film content available in theaters compared to 2019, year-to-date ticket sales are down around 30%, according to data from Comscore.Audiences have returned to cinemas in the wake of the coronavirus pandemic and are spending more than ever on tickets and popcorn. However, the lack of steady theatrical releases…

Tom Holland stars as Peter Parker in "Spider-Man: No Way Home."SonySpider-Man, the Na'vi and a ragtag group of galactic rebels are making their way back to theaters at the end of the summer.Disney is releasing Star Wars prequel "Rogue One" and "Avatar" in domestic theaters in the coming weeks, while Sony will release a souped-up version of "Spider-Man: No Way Home."Rereleases are nothing new in the industry, especially when it comes to major anniversary milestones for popular and iconic features, but 90% of those showings…