Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: DCWD40 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 525  
Subject: Movie Revenue Up Sharply Date: 2/14/2012 11:31 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
IMAX today commented that first quarter 2012 box office through February 12, 2012, was approximately $55 million, compared to approximately $38 million in the prior year period. First quarter box office to date was primarily driven by Mission: Impossible – Ghost Protocol, which has grossed $27.5 million in the first quarter (and nearly $70 million worldwide to date), $11.5 million from Underworld: Awakening, $8.7 million from Journey 2: The Mysterious Island, and $3.7 million for the Chinese film Flying Swords of Dragon Gate ($10 million cumulative box office to date).

http://www.imax.com/corporate/investors/

I guess the story I posted earier that suggested that IMAX was hurting because people were not paying higher ticket prices was not true. Yes, price per seat sold industry-wide is lower. IMAX is not the cause of that.

This bodes well for the upcoming earnings release.

Waiting for Hunger Games...

W.D.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Medallion Financial: TAXI!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement