IMAX Is a Globetrotter Because It Has to Be

IMAX (NYSE: IMAX  ) announced a deal on Monday to add 35 new screens to China and South Korea. It's a smart move, especially with RealD (NYSE: RLD  ) taking a hit last week after announcing a sequential decline in ticket sales for June.

In this video, longtime Fool contributor Rick Munarriz explains why IMAX's push overseas is the reason the company is able to grow despite some headwinds closer to home.

Pacific Rim was a disappointment for IMAX investors this past weekend, given the disappointing box office receipts, but the Pacific Rim itself is certainly not going to let investors down.

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