Market Chatter: Imax CEO Says Market Share Gains Have Driven Growth

MT Newswires Live
Jul 11, 2025

Imax (IMAX) Chief Executive Rich Gelfond said market share gains have helped drive the company's growth, CNBC reported Friday.

The company's partnership with Apple (AAPL) helped "F1: The Movie" starring Brad Pitt earn almost $300 million worldwide in its first 10 days in cinemas, with over 20% of that amount coming from Imax screenings, the report said.

Two other films released in 2025, Warner Bros. Discovery's (WBD) "Sinners" and Paramount Global's (PARA) "Mission: Impossible - The Final Reckoning," have topped 20% market share for Imax, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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