NEW YORK, May 31, 2021 /PRNewswire/ -- The
summer blockbuster season roared to life in the U.S., as IMAX
(NYSE: IMAX) delivered a monster $5.3
domestic opening weekend for "A Quiet Place Part II" on 361
screens. Despite accounting for less than 3% of total screens, IMAX
captured 9% of the film's domestic box office as the Company
delivered its biggest opening weekend of the pandemic era.
Reported overall box office for "A Quiet Place Part II" exceeded
the opening weekend for the original film — a remarkable result
made even more impressive given that social distancing measures
remain in place across key markets. For instance, even though
New York and California have eased capacity limitations in
theaters, social distancing guidelines currently limit capacity to
a maximum of 40% in IMAX theaters in New
York City and Los
Angeles.
"'A Quiet Place Part II' is the first domestic release this year
to cross the threshold from 'great opening weekend given the
pandemic' to 'great opening weekend, period' — offering undeniable
proof that the domestic box office is back" said Rich Gelfond, CEO of IMAX. "The film's stellar
results give the box office a strong jolt of momentum heading into
the summer, and the many blockbusters that held out for an
exclusive theatrical release stand to benefit."
Globally, "A Quiet Place Part II" earned a total of $6.1 million in markets as it opened in
additional select markets internationally, including China. IMAX delivered $9.5 million in box office across its entire
global network for the weekend, buoyed by an additional
$2.8 million in receipts from
Universal's "F9" in China.
About IMAX Corporation
IMAX, an innovator in entertainment technology, combines
proprietary software, architecture and equipment to create
experiences that take you beyond the edge of your seat to a world
you've never imagined. Top filmmakers and studios are utilizing
IMAX theaters to connect with audiences in extraordinary ways, and,
as such, IMAX's network is among the most important and successful
theatrical distribution platforms for major event films around the
globe.
IMAX is headquartered in New York, Toronto,
and Los Angeles, with additional offices
in London, Dublin, Tokyo, and Shanghai. As
of December 31, 2020, there were 1,650 IMAX theater systems
(1,562 commercial multiplexes, 12 commercial destinations, 76
institutional) operating in 84 countries and territories. Shares of
IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade
on the Hong Kong Stock Exchange under the stock code
"1970."
IMAX®, IMAX® Dome, IMAX® 3D, IMAX® 3D Dome, Experience It In
IMAX®, The IMAX Experience®, An IMAX Experience®, An IMAX 3D
Experience®, IMAX DMR®, DMR®, IMAX nXos® and Films to the
Fullest®, are trademarks and trade names of the Company
or its subsidiaries that are registered or otherwise protected
under laws of various jurisdictions. More information about
the Company can be found at www.imax.com. You may also connect
with IMAX on Instagram (https://www.instagram.com/imax), Facebook
(www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube
(www.youtube.com/imaxmovies).
CONTACT
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Media:
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Investors:
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Mark
Jafar
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Brett
Harriss
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mjafar@imax.com
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bharris@imax.com
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SOURCE IMAX Corporation