There's a new studio partner in the pocket of IMAX
It's another notch in IMAX's bedpost. Two years ago, it seemed as if IMAX was at the mercy of Time Warner's
However, now that IMAX is padding Time Warner releases with a wider variety of films like DreamWorks Animation's
IMAX can use the push, given its uninspiring financials lately. The good news is that the exhibitors are hopping on at a frenetic pace. Joint venture deals with leading chains like AMC and Regal Cinemas
This is huge, now that companies like Thomson
Investors don't get it. Like most consumer-facing companies, IMAX's stock is in a funk. However, all of the seeds that it has been sowing over the past year -- from the studio deals with Disney and DreamWorks Animation to the multiplex pacts with Regal and AMC -- will grow nicely in the coming years.
It's never too early to grab a good seat at cheap matinee pricing. The feature presentation is about to begin.
Other hits to catch on your not-so-big monitor screen:
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Longtime Fool contributor Rick Munarriz is a movie buff but he does not own shares in any of the companies in this story, save for DreamWorks Animation and Disney. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.