IMAX® Reaps Massive 30% Share of
Opening Weekend Box Office in China for Christopher Nolan Masterpiece on
Only 721 Screens
NEW
YORK, Sept. 5, 2023 /PRNewswire/ -- IMAX
Corporation (NYSE: IMAX) today announced that "Oppenheimer" has
reached $170 million in global box
office across its network — making it the fifth highest grossing
IMAX release of all time.
The Christopher Nolan/Universal
film reached the milestone thanks to a strong debut in China, where the IMAX network took in
$10.2 million through Monday — 30% of
the opening weekend box office on less than 1% of Chinese screens.
IMAX claimed the top ten highest grossing locations nationwide for
the release through the weekend. "Oppenheimer" is now the biggest
IMAX opening of a Hollywood film
in China this year, capping the
company's highest grossing summer (June-August) ever in
China.
"In its impressive debut in China, 'Oppenheimer' showed that it's nowhere
near finished dazzling audiences worldwide with its bold and
uncompromising vision," said Rich
Gelfond, CEO of IMAX. "IMAX commanded a full third of the
film's opening weekend box office China on just 1% of the country's screens,
offering a powerful demonstration of our surging market share
around the world."
The strong opening of "Oppenheimer" in China underscores the breadth of its success
at the box office across a wide swath of countries and cultures.
"Oppenheimer" stands as the highest grossing IMAX release ever in
fifteen markets worldwide, including Argentina, Chile, Finland, India, Mexico, Saudi
Arabia and Turkey. The film
is a top five all-time IMAX release in 60 markets globally,
including the United States.
Written and directed by Christopher
Nolan, "Oppenheimer" was shot in IMAX® 65mm and 65mm
large-format film photography including, for the first time,
portions in IMAX® black and white analogue photography.
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 systems to connect with audiences in extraordinary ways,
making IMAX's network among the most important and successful
theatrical distribution platforms for major event films around the
globe. Streaming technology company SSIMWAVE, an IMAX subsidiary,
is a leader in AI-driven video quality solutions for media and
entertainment companies.
IMAX is headquartered in New
York, Toronto, and
Los Angeles, with additional
offices in London, Dublin, Tokyo, and Shanghai. As of June
30, 2023, there were 1,718 IMAX systems (1,638 commercial
multiplexes, 12 commercial destinations, 68 institutional)
operating in 87 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®, Filmed For IMAX™, IMAX LIVE™, IMAX
Enhanced™, IMAX nXos®, SSIMWAVE® 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. For more information, visit www.imax.com. You may
also connect with IMAX on Instagram (www.instagram.com/imax),
Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax),
YouTube (www.youtube.com/imaxmovies) and LinkedIn
(www.linkedin.com/company/imax).
For additional information please contact:
Investors:
Jennifer
Horsley
jhorsley@imax.com
Media:
Mark Jafar
mjafar@imax.com
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SOURCE IMAX Corporation