"Jurassic World" Trilogy Finale Delivers IMAX's Franchise-Best Weekend Index of 12.2% in China
HONG KONG, June 13, 2022 /PRNewswire/ -- IMAX China (HKSE: 1970) roared to $6.3 million at the box office this weekend with the debut of Universal Pictures' "Jurassic World: Dominion" - recording the biggest Hollywood opening in China for an IMAX film since May 2021, despite capacity limitations in key Chinese markets. IMAX delivered 12.2% of "Jurassic World: Dominion's weekend gross - a franchise-best for IMAX China, with less than 1% of overall screens.
As of now, 90% of IMAX China's theater network has reopened. Over the weekend, 19 out of 20 top locations are IMAX theaters. The remarkable results have, once again, demonstrated strong consumer demand for IMAX's premium experience and the power of its robust network in launching blockbusters.
In global market, IMAX dominated the worldwide box office this weekend with a $25 million global opening for "Jurassic World: Dominion", as the third consecutive IMAX global opening of more than $25 million.
"We were confident that this summer would unleash a wave of pent-up demand for long-delayed, highly anticipated tentpole releases, but the early results of films like "Jurassic World: Dominion" are exceeding even our most optimistic hopes," said Rich Gelfond, CEO of IMAX. "This summer slate is tailormade for IMAX, and our early results demonstrate the advantages of our blockbuster-focused model and the differentiation of the IMAX Experience for consumers."
Following the release of "Jurassic World: Dominion", Director Chen Sicheng's fantasy film "Mozart from Space" will be released on July 15. "Mozart from Space" is a Filmed For IMAX release shot with IMAX-certified cameras and the entire film will be presented in IMAX-exclusive 1:90:1 expanded aspect ratio.
About IMAX Corporation
IMAX is a premier global technology platform for entertainment and events. Through its proprietary software, theater architecture, patented intellectual property, and specialized equipment, IMAX offers a unique end-to-end solution to create superior, immersive content experiences for which the IMAX® brand is globally renown. Top filmmakers, movie studios, artists, and creators utilize the cutting-edge visual and sound technology of IMAX to connect with audiences in innovative ways. As a result, IMAX is among the most important and successful global distribution platforms for domestic and international tentpole films and, increasingly, exclusive experiences ranging from live performances to interactive events with leading artists and creators.
IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of March 31, 2022, there were 1,690 IMAX theater systems (1,606 commercial multiplexes, 12 commercial destinations, 72 institutional) operating in 87 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."
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About IMAX China
IMAX China is a subsidiary of IMAX Corporation, and was incorporated as a limited liability company under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China. Shares of IMAX China trade on the Hong Kong Stock Exchange under the stock code "1970."
Source: IMAX China Related Stocks: HongKong:1970