China box office ‘close to turning point,’ emphasizes ‘the movies are back’

China box office ‘close to turning point,’ emphasizes ‘the movies are back’

On the heels of IMAX’s (IMAX) strong second quarter earnings report, CEO Richard Gelfond is more than confident that the movies are back in business.

“It’s not just that the movies are back — they’re back for different age groups,” Gelfond told Yahoo Finance Live in a new interview, referencing the wide variety of available content.

“Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick” and “Jurassic World: Dominion” helped lift overall box office performance in the second…


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