AMC Partner and Competitor IMAX CEO on Movie Theaters "Globally are back and breaking records" So many records being broke. The ultimate 1-2 punch with Avatar 2 around the corner. As an AMC Entertainment Stockholder, I am so proud of the investment I own.
AMC is primed for the #MOASS and when it inevitably squeezes, it will be a far more violent short squeeze than we've ever seen before. This will be the largest redistribution of wealth in our lifetimes. More than B.T.C. When it squeezes, don't blow your load early - HOLD!
Remember 3D TVs? IMAX? The brain recreates virtual worlds from 3D images better than the other way. Plus the idea to monetize virtual worlds is like double crypto. Given the ills he brought into politics I’m cheering his demise.
u/visualmod I hope not, based off Black Panthers first release it has a domestic grossed $202 million opening weekend international 1.3 billion! From Thursday international release excluding Russia and China (who are huge American cinema influencers) made around 31 million, Disney protects around 180 million this weekend which would make what kind of forever one of the highest grossing films in the marvels collection. After this opening weekend I project that international sales with the opening of China's economy in the next couple of weeks will gross Disney's what kind of forever sales maybe 5X which would bring total international sales closer to 1 billion. So am I prediction is that this weekend will be a big success for Disney AMC and IMAX but a bigger outcome result will follow after Thanksgiving weekend into Christmas
I hope not, based off Black Panthers first release it has a domestic grossed $202 million opening weekend international 1.3 billion! From Thursday international release excluding Russia and China (who are huge American cinema influencers) made around 31 million, Disney protects around 180 million this weekend which would make what kind of forever one of the highest grossing films in the marvels collection. After this opening weekend I project that international sales with the opening of China's economy in the next couple of weeks will gross Disney's what kind of forever sales maybe 5X which would bring total international sales closer to 1 billion. So am I prediction is that this weekend will be a big success for Disney AMC and IMAX but a bigger outcome result will follow after Thanksgiving weekend into Christmas
Imax And AMC Cinemas Expand Partnership With Agreement For Six New Imax Locations In Saudi Arabia Benzinga · 2022/10/27 04:32 GMT-04:00 New Locations to Further Rapid Expansion of IMAX Network in Fast-Growing Global Market NEW YORK and RIYADH, Saudi Arabia, Oct. 27, 2022 /PRNewswire/ -- IMAX Corporation (NYSE:IMAX) and Saudi Cinema Company, operating as AMC Cinemas, today announced plans to further expand their longstanding partnership with an agreement for six new, state-of-the-art IMAX® with Laser systems in key entertainment complexes throughout the country. IMAX and AMC Cinemas already have three locations in operation in Saudi Arabia, and the new deal will grow their partnership to a planned 18 screens in 12 cities across the country. IMAX Logo. (PRNewsFoto/IMAX Corporation) "IMAX continues to be a remarkably strong draw in bringing audiences back to theatres around the world, and we're excited to offer AMC guests in Saudi Arabia even greater access to the best of the theatrical experience," said Andrew Such, Interim CEO of AMC Cinemas. "AMC is focused on bringing the best in entertainment technology to its many movie lovers around the world." "The resilience of moviegoing in Saudi Arabia has been one of the most prominent global success stories for cinemas over the past two years, and a key indicator of the pent-up demand for blockbuster filmmaking," said Rich Gelfond, CEO of IMAX. "We're excited to grow our successful, global partnership with AMC and further strengthen our ability to deliver The IMAX Experience® to fans in this fast-growing market." Saudi Arabia continues to drive strong box office growth and capture a greater share of the global market, growing to nearly $240 million in 2021. Saudi Arabia was a top ten global market for IMAX in terms of box office last year, with a per screen average of more than $1 million annually. The company grew its footprint of open theatres from two to seven since the beginning of 2020, and its Saudi network routinely captures more than 15% of opening box office on major Hollywood releases, despite accounting for less than 6% of overall screens in the market. About Saudi Cinema Company Saudi Cinema Company (SCC), operating as AMC Cinemas is a joint venture between AMC Entertainment Holdings, the world's largest movie exhibition company, and Saudi Entertainment Ventures (SEVEN), the leading national investor, developer, and operator of Saudi Arabia's diverse entertainment eco-system. In this partnership, SEVEN and AMC aim to open 50 cinemas, offering 500 screens across the Kingdom. SCC is the culmination of this partnership and will bring together AMC's innovation in the exhibition industry, including its emphasis on premium large format experiences and SEVEN's goal of transforming Saudi Arabia into a global hub for entertainment, culture, and tourism. AMC operates among the most productive cinemas in the United States and has the first or second market share in 9 of the 15 countries it operates in, including North America, Europe, and the Middle East. SEVEN was established by the Public Investment Fund (PIF) to serve as the investment and development arm for the entertainment sector – a key pillar of the ambitious social and economic plans undertaken in the Kingdom supporting Vision 2030. SCC will build on the success of the partnership and continue to provide world-class cinema-going experiences in Saudi Arabia.
I don't think video gaming is a good use case of VR. Given limited physical space, you still use console/keyboard to control your character moving through the "world"; with additional "real world" visual by turning your head around. This isn't comfortable for me. If I'm sitting on the chair control my character via keyboard and engaging in a game, its not comfortable to turning your head around. Considering driving the car, ppl now no longer looking over the shoulder when changing the lane because isn't comfortable (it helps with your neck mobility, but still ppl doesn't like it, that's why we have better technologies today that help us check the blind spot without turning the head when changing the lane etc.) ​ Here are some useful cases (assume they're able to produce graphic as good as today's 4K without causing sickness) (1) Movie; you could get IMAX sense of movie by sitting at home (2) Live Sports: you can get the feeling being the stadium during a sports game (3) Home/Decor/Fashion Designing: consider you buy a house and want to remodel the interior. Your designer gives you the floor plan and some 3D model image. With VR, you get better sense of your home design, Furnitures decoration etc. Also works for fashion. You want to buy some cloth online, using VR can help you to see if the cloth fit your style etc. (4) Medical/surgery: doctor use MRI etc. to diagnosis. VR might help to see better of patient's insider organ etc.
You missed the “we work in an empty movie theater” part. I can and do some lower tier stuff from home like reality tv shows but a major studio will not allow me to mix their $100M film from my home, without investing several hundred K into a build, and still then probably no. It is super important our mixes “translate” or sound well at all the theaters around the world whether it’s at an AMC, IMAX, etc. So there is very, very specific room and speaker tuning required to be able to do these films.
> If you don’t think stonks need to go down before they can go up, then I cant get past 2+2=4 with you man. You really think stonks should just go up forever like a drunken frat boy at a bar downtown. Are you trolling or are you genuinely stupid? So much projection you might as well be an IMAX camera. If anyone's a dumb bull here, it's you. Thinking this "will blow over" by November rofl buddy you dont even know what's happening in the economy. Companies are getting hammered right now because their debt is increasing due to higher rates, those rates are getting higher due to inflation and with inflation consumers are getting hurt the most which in fact, affects earnings. Obviously you had no idea about any of this and thought stocks were going down for funsies.
On a different note- it’s so crazy that the new Dragon Ball Super movie is literally getting an IMAX release in the us. I remember being a kid and having to watch all of DBZ and GT on shitty fansub tapes, along with Cowboy Bebop, Trigun, Gundam, even Naruto etc before they were released here Truly beautiful to see the old generation now passing it on to our kids and making it mainstream. Sunrise, sunset ![img](emote|t5_2th52|4270)
Have family with kids. We all prefer watching on our massive frame TV. The movie theater experience blows. Too many teens, and obnoxious people hooting and hollering. To each their own I guess. I will say IMAX is pretty cool, but I might do that twice a year max for a BIG movie I go to myself. Everything else we stream.
I ran across that ticket the other day while watching IMAX earnings. You'd think being all of the blockbuster movies and even the not so great releases seeing breakout attendance numbers, NCMI is probably pulling down decent ad revenue numbers. I'm in 100 shares, but I'm hate those wacky options with only monthly expiry and $2.50 increment strike prices. Some of you fucks get in here with the volume and let's get this party started.
Only reason movie theaters are alive it's cause of good movies and good screens . I was lucky to catch it in IMAX and it was an amazing movie. Definitely would recommend it in either Imax or Dolby Atmos. The extra vertical screen definitely gives it a nice bonus .
I remember reading that in time, the movie theatre will have to be a whole experience. A way more expensive one than today's experience for sure. 1) It will be only good movies that get to screen in theatres. Bad ones/cheap ones will be streamed at home. 2) People will make a thing out of it. Like going with friends to all see the movie at the same time. Meals/comfort and the "besides the movie" part of the experience will play a big role. It's supposed to be sort of a celebration, not just "seeing a movie". All of those "added value" parts of the experience would justify the high price, movies that don't make the cut, will just be streamed as nobody will pay to see them in theatre. I think that while the above theory does hold some water, the number of theatres will drastically reduce, or at least change drastically to make such a unique experience possible. Not sure about most people, but when I used to go to see movies in the cinema I'd have 2 ways of doing it: 1) Get a bunch of "2 for 1" deals and go with friends. 2) Go to IMAX and pay the price because I was anticipating the movie and waiting for it for a while. So I see scenario 2 becoming more expensive, and me willing to pay the extra cost for a more memorable viewing. Scenario 1 is just having a better setup at home for watching movies in a larger group.
Wildly profitable company with 3B users who are transitioning rapidly to short-form video, which is stickier than their current feed and the company hasn’t even fully monetized yet? Also, they’re likely going to follow Google’s playbook to mitigate signal loss of iOS changes. That’s all before metaverse and AR/VR tech, which you all seem to think is Second Life but is actually going to be thin, Retina-display fidelity that allows anyone to be present at and fully immersed in live content (ex: courtside at NBA Finals, watching a movie in what feels like a giant IMAX auditorium, live in the center Kyiv for breaking news). Phones in their current format will likely become obsolete as AR glasses the size of RayBans are able to display pixel dense images as high fidelity as your phone display, but can be manipulated and brought up / dismissed with a small gesture with your hand in your pocket. These will all be essential products that Meta is positioned to lead in.
Well. It basically wildly swings with the market or in rare cases opposite to it.. Whales go long and short at the edges but retail pays the price. It is a toy in the hands of smart money. It just stupid if anyone thinking it would MOASS. At some point it will go back to fundamentals and will be valued at the rank of IMAX and CNK.
Just went to AMC last Friday, for the IMAX Dr. Strange. All the ads for upcoming movies featured a prominent note "shot for IMAX" My thesis is that AMC will pivot into more immersive experiences, ones that cant be easily replicated at home. I see it now already with their "RPX experience", a proprietary large screen format theatre. I own a minimal amount of AMC shares, so not really shilling. Just saying that this analysis might be.... innacurate
> And yeah a Disney losing their golden ticket, their unique advantage, called the Reedy Creek Improvement District will affect their bottom line. The fact you're falling for yet another extreme right wing myth is unsurprising. I'm pretty sure the Star Wars and Marvel and Pixar and global brand empire will really be affected by a picayune matter of municipal swampland virtue signalling fed to you by Mr Pillow. And sure, if your cult captain Desantis wishes to assume a billion dollar liability and try to figure out building codes for princess castles, then he can go right ahead with the uneducated fringers cheering him on at hate rallies. Your obsessive talk about genital mutilation may be biggest projection since IMAX. > it is Democrats that will descend upon Disney like rats and rip it apart. The funny thing is democrats don't care about that. It's a hoax designed for and by the stupidest fringe of society. Democrats don't care abiut Mr Potato Head or any of the other culture bs that you're weirdly admitting you have. It's like how Nigerian email scams are obvious and misspelled in order to preselect the dumbest marks. So too does your cult look for people dumb enough to fall for birtherism, pizzagate, and people with such crippling sexual repression that you make yourself insane thinking a green M&M is too sinful and, in your case, incessantly projecting fantasies of genetal mutilation. They know that if you'll buy obvious hoaxes about Disney and Dr Suess, you'll buy their lumpy pillow and their made in China trucker hats. It's an IQ test, and as far they're concerned, you "passed". Disney will be fine. Your fringe will lose interest in a while and you'll be off irrational hating someone else, searching for non-existent pizza parlor basements, and "doing your own research" on how wind turbines cause cancer because your God said so. > It is more like they had their nut sack cut open, their nuts removed, then they had their dick peeled like a banana and shoved deep into their pelvis. Stepping back from this increasing derailed and detailed fantasy
They have a spot on my watch list. A bit like IMAX with a lot of profit from licensing. The good and the bad: \>20% op. margins ROE a bit lagging at <10% favorable cash-to-debt earnings growing steady, but cash flow doesn't appear to be growing much for years. does not look undervalued at 20x fwd earnings, but it's reasonable. 5-year, 10-year charts are not pretty. ​ I ended up going with IMAX because of their large exposure to China. Dolby is underrated.
I have plenty of self awareness. At least enough to know that all signs point away from Trump. Actually quite a few of them point to Hillary. And if we're talking about collusion with a foreign hostile nation, we have a lot of signs pointing at Biden regarding China. You have presented no evidence but "do your reasearch" while I at least referenced something of substance (the Mueller investigation). Your projecting harder than an IMAX.
I was shocked to see the Starbucks in my shopping center close down about 10 months ago. It was always busy and next to an IMAX theater, Ulta Beauty, Tillys, and a On the Border…all popular basic white girl destinations in my area, and they didn’t make it.
There is always a bull market somewhere going on even in a broad bear market. Look at reopening plays, China China stocks are holding up - look at KWEB. Look at casino stocks, specifically Macau - Melco, Wynn, LVS (these are all up 20%+ ytd). Theatre stocks like IMAX are doing well Common theme is that many of these are already at 5-10 year lows. China tech has already had drawdown/bear market for the past 1.5 years
> Name one thing you could do in VR/Metaverse that people aren't currently doing in games. Literally what I did two days ago. Watch a movie in a full scale IMAX theater with a friend that feels like they are right next to you instead of behind a screen.
I have too tiered level folks all around me, our team is made up of the highest quality professional people who do all things in a manner that should never leave any doubt as to our abilities to conquer any data set of production value that a 8mm Kodak could capture and resolve into IMAX 4K ultra Dolby surround sound.
The boss does. And there are VR apps for dance parties and VRchat is very popular. I assume Meta's horizons world is popular, but I hated it so much that I never looked into it. I got a feeling that you haven't tried one of these things. I can't play FPS video games now that I have played war shooters in VR. I would agree with you, if people didn't spend most of their time in a virtual states already. Take a stock trader. They look at screens. These screens cost lots of money. They can do the same thing, having 5 desktop screens in front of them via a virtual desktop. That is possible right now, not even something you have to wait for, you do have to wear a toaster on your face though. When the form factor becomes less of a burden, a guy on a subway can be looking at 4 screens at once. Or the stock trader backpacker that never goes into an office. You say you don't see it, but anything people do with tech now will be there. Watching an IMAX screen in 3D? You can do that now, not the future. Hangout with your friends in different parts of the world? You can do that now.
That's not how VR works at all. You don't see a screen in a headset. You literally just see another world, one made from polygons than atoms. When you are in a virtual theater in VR, it has the same scale and feel as a real theater. The movie theater screen is massive and feels just as large as it does in real life. > Why can’t I sit close to my bigger screen? Your brain knows it's not the same. Try sitting close to your phone right now while watching a movie on it, and compare that to an IMAX experience you've had.
OP, you're not able to think past 2020 technology. Headsets will clearly reach the same clarity as the human eye over time, so recreating a virtual theater identical to IMAX is totally possible down the road. You will be able to do plenty in VR meetings as the interface for computing in VR gets more versatile and easier to use. VR is going to be the ultimate multitasking platform with virtual screens at your command. Jogging on a virtual beach may or may not be compelling, but there are lots of examples of real world activities that would translate well into VR. Movie theaters being one, concerts, sporting events, conventions, festivals, and museums being other examples. Dating is already popular online, and this would only be a superior way to handle dates digitally because you'd get to see people face to face and go on a date virtually instead of just texting or using facetime. Then you can go on a real date if it all goes well.