This Movie Beat Iron Man 3 in Chinese IMAX Corporation Theaters

A local production beats Iron Man 3's box office record for IMAX theaters in China. Is this the start of a big trend?

Feb 5, 2014 at 4:34PM

Iron Man 3 is an undeniable smash hit. The Marvel superhero romp collected $409 million in domestic ticket sales, and the global box office added up to $1.2 billion. Tony Stark helped Walt Disney (NYSE:DIS) shares soar 55% higher in 2013, proving that the House of Mouse can get by just fine without a fresh Avengers title every year.

The title also set records for larger-than-life projectionist IMAX (NYSE:IMAX) around the world, including an impressive $1.5 million opening day in China. If that figure sounds small, you should know that Iron Man 3 totally crushed previous record holder Titanic by 52%.

But that young record fell this week. That's right -- not even Iron Man's robotic power could hold back the magical armies of the Middle Kingdom this time. Chinese kung fu production The Monkey King just laughed at Iron Man's $1.5 million first-day sales, on its way to a $1.8 million opening day in IMAX theaters.

Image source: The Monkey King's official trailer.

This is important, because China is already IMAX's second-largest geographic market behind only the U.S. home turf. That healthy platform was built largely on imported Hollywood fare, but now IMAX has found that Chinese audiences also hunger for immersive presentations of a more local flavor.

So IMAX is finding new ways to grow in the crucial Chinese market. Furthermore, the company should be able to apply the lessons learned here in other important markets, accelerating revenue growth in places like Latin America and major European markets.

Don't be surprised to see a flurry of IMAX announcements in the next couple of years, where the company gives its special big-screen production treatment to locally produced fare. Sure, the next Marvel title will continue to score big for IMAX, but it's an increasingly global entertainment market out there. Exporting Hollywood movies to the far reaches of the planet may not be the name of the IMAX game much longer, and that's a good thing.

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Anders Bylund owns shares of Walt Disney. The Motley Fool recommends Imax and Walt Disney. The Motley Fool owns shares of Imax and Walt Disney. Try any of our Foolish newsletter services free for 30 days.

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4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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