July 14, 2000 |
Imax Corp. hired financial advisors to evaluate options that include a sale or merger of the maker of projection and sound systems for big-screen theaters. The company said Goldman, Sachs & Co. and Wasserstein, Perella & Co. will search for alternatives. Imax shares rose $4.06, or 18%, to close at $26.50 in Thursday's trading on Nasdaq. Its shares have fallen 18% this year. Wasserstein Perella, Imax's largest shareholder, supports the move, it said.
June 8, 2000 |
Theater owner Imax Corp. and film studio DreamWorks SKG on Wednesday said they plan to show a three-dimensional version of the upcoming animated film "Shrek" in Imax's large-screen venues. The agreement reflects Imax's efforts to expand the types of films shown in its theaters.
June 6, 2000 |
IMAX (IMAX) (Jim: Buy) (Mike: Buy) Jim: I'm assuming, Mike, that you've had the "IMAX experience"? Mike: Certainly, Jim. As a family man and a connoisseur of kitsch, most recently I attended Walt Disney's "Fantasia 2000" at an IMAX theater. Jim: Kitsch? Mike: Sure. "Fantasia" and "Fantasia 2000"? They're the definition of kitsch, what with those baby centaurs and unicorns prancing around, those flying whales and whatnot.
February 7, 2000 |
Big stars, big budgets and big egos are the basic elements of a Hollywood blockbuster. In the next few years, another oversized ingredient may be added to the mix: big screens. The jumbo film format has hit Hollywood, with at least three studios developing projects for Imax theaters now dominated by independently produced adventure documentaries, panoramic travelogues and woozy thrill rides. Executives at Imax Corp.
June 17, 1999 |
Is it still possible to be cutting edge in an age when nearly everything has been seen before? Apparently: Two very different directors have just delivered two very different nature films that raise the bar for large-format filmmaking. The subject of Jon Long's "Extreme," showing at Edwards Imax theaters in Irvine and Ontario, is man living on the edge and pushing technology for his own enjoyment. Sounds hedonistic, but the way the story is told, it's almost spiritual.
June 15, 1999 |
Imax Corp., a Canadian company that makes giant-screen theater projection and sound systems (and produces films for them), will expand and consolidate its local operations by taking over a long-vacant Santa Monica warehouse that had been slated for demolition. Imax's move--along with other companies' ongoing searches for appropriate digs--seems to indicate that demand from media and entertainment businesses for Westside space remains strong amid a rather tight supply.