breaking

IMAX Explores Strategic Sale as Premium Theater Demand Surges

Premium theater operator IMAX is in preliminary discussions with potential buyers through intermediaries, though the company has not yet formally solicited offers. The exploration comes as the sector experiences robust growth, with IMAX generating a record $1.28 billion at the global box office in 2025, representing a 40% increase from the prior year. Chief Executive Rich Gelfond indicated in December that management remains open to a sale, stating the company could unlock greater value either as an independent public entity or as part of a larger organization. Premium large format screens continue gaining in popularity. Gelfond recently returned to his post following medical treatment for pneumonia.