Strong Second Weekend Propels IMAX Release Past $30 Million Mark Globally
IMAX Release Generates More Than 10% of the Film's Total Box Office on
Less Than 2% of the Screens
LOS ANGELES, July 5 /CNW/ - IMAX Corporation (NASDAQ: IMAX; TSX: IMX)
today announced that the Paramount Pictures release Transformers: Revenge of
the Fallen: The IMAX Experience, directed by Michael Bay and featuring scenes
filmed with IMAX(R) cameras, posted strong second weekend results, with an
estimated $4.6 million coming from 169 IMAX(R) theatres domestically during
the three days from Friday, July 3 through Sunday, July 5. The IMAX release
contributed more than 10% of the film's $42.5 million weekend total on less
than 2% of the screens.
The film also generated approximately $1.4 million from IMAX theatres
internationally, bringing the worldwide IMAX total to over $30 million in the
first 12 days of release.
"The continued growth of our network enables us to deliver larger box
office returns faster than ever before," said IMAX CEO Richard L. Gelfond.
"We're very happy with the continued performance of the film, and we're
encouraged by the strong consumer appetite for The IMAX Experience(R) in new
markets."
"Michael Bay's powerhouse film continues to resonate with IMAX moviegoers
around the world, and we're pleased with its record-setting performance,"
added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "The
special IMAX sequences have added an extra level of excitement to the IMAX
release and we once again have reason to thank Michael, Steven Spielberg and
our partners at Paramount."
Transformers Revenge of the Fallen: The IMAX Experience features select
scenes filmed with IMAX cameras. Director Michael Bay has seamlessly
integrated the IMAX footage with state-of-the-art CGI and visual effects to
create an unprecedented look and feel for the sequel to Transformers. The
movie sequences shot in traditional 35mm have been digitally re-mastered into
the unparalleled image and sound quality of The IMAX Experience with IMAX
DMR(R) (Digital Re-mastering) technology. The IMAX DMR scenes appear in the
traditional "letterbox" shape, while scenes shot with IMAX's cameras will
expand vertically on the IMAX screen.
Every IMAX theatre is specially designed to put the audience IN the
movie. The unique theatre geometry of an IMAX theatre combined with crystal
clear images, laser-aligned digital sound and maximized field of view provides
the world's most immersive movie experience.
Paramount Pictures and DreamWorks Pictures Present In Association with
Hasbro A di Bonaventura Pictures Production A Tom DeSanto/Don Murphy
Production A Michael Bay Film Transformers: Revenge of the Fallen starring
Shia LaBeouf, Megan Fox, Josh Duhamel, Tyrese Gibson, Kevin Dunn, Julie White,
John Benjamin Hickey, Ramon Rodriguez, Isabel Lucas and John Turturro.