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IMAX Stars in Hollywood Comeback

Posted May 7, 08 9:43 AM CDT in Technology,  Arts & Living,  Business 

(Newser) – IMAX, the format synonymous with a high-end, big-screen movie experience, is poised for a Hollywood comeback as spectacular as anything in theaters, USA Today reports. With new digital projectors trimming costs dramatically, IMAX will increase North American venues 80% by the end of 2009—and movie studios are getting on board, trusting the format with the likes of Speed Racer and The Dark Knight this year.

"They're getting great movies," said one analyst. "The new theater pace will be huge over the next two years. I predict IMAX turning profitable in the fourth quarter and staying profitable."

Source USA Today

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Movie-goers pass lining up to see an Imax movie in Reading, Mass. This year's slate of Imax movies includes Harry Potter and the half Blood Prince with some scenes in 3D.   (AP Photo/Charles Krupa)
IMAX is making a dramatic Hollywood comeback after potentially disastrous setbacks.   (Getty Images (by Event))
Daryl Hannah recording narration for a the IMAX 3D film, Dolphins and Whales. Imax is maming a dramatic comeback after serious setbacks.   (AP Photo)
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Hollywood  • DreamWorks  • The Dark Knight  • Securities and Exchange Commission  • 3D movie  • AMC  • Speed Racer  • Harry Potter and the Half-Blood Prince


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