IMAX (IMAX) CEO is bullish on the theatrical window.
“The debate is over,” IMAX CEO Richard Gelfond told Yahoo Finance Live in a new interview (video above). “The argument that you can skip a theatrical window and make up for it on streaming just isn’t true. The theatrical window is more essential than ever to get the streaming revenue.”
Gelfond referenced deep direct-to-consumer losses from streaming-facing media companies like Disney (DIS), which reported disappointing earnings this week…
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