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IMAX. IMAX is a proprietary system of high-resolution cameras, film formats, film projectors, and theaters known for having very large screens with a tall aspect ratio (approximately either 1.43:1 or 1.90:1) and steep stadium seating, with the 1.43:1 ratio format being available only in few selected locations.
- IMAX Corporation
In 1994, investment bankers Gelfond and Bradley Wechsler acquired IMAX Corporation through a leveraged buyout and publicly listed the company on the NASDAQ stock exchange. [15] [16] IMAX then began to focus their abilities on attracting Hollywood production houses. [17]
Later that year, the company went public, selling its stock for $13.50 per share. With the acquisition of Trumbull, Imax also acquired Trumbull subsidiary Ridefilm Theaters, a motion simulator company known for its creation of rides based on movies.
IMAX Corporation went public in 1994, trading on the NASDAQ under the ticker symbol IMAX. The company reported revenues of approximately $17 million in its first year of trading. By 2022, IMAX's annual revenue reached $427 million. Strategic Partnerships and Collaborations.
Dec 3, 2012 · Toronto-based IMAX Corporation is the world's most successful large-screen cinema system. Since its origins as Multi-Screen Corporation in 1967, IMAX has developed and operated many technologies aimed at an audience's complete immersion into the film experience.
Oct 22, 2021 · In 1970, Tiger Child (Donald Brittain), the first IMAX film, was shown at Expo 70 in Osaka, Japan, and the following year the first permanent IMAX system was installed at the Cinesphere Theater in Toronto, debuting in May 1971 with the travelogue North of Superior (Graeme Ferguson).
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Jul 25, 2023 · IMAX, or ‘Image Maximum’, was a groundbreaking innovation developed by a group of Canadian filmmakers in the late 1960s. As a technological marvel, IMAX is both a film format and a set of cinema projection standards created by the Canadian company IMAX Corporation.