The world's most populous nation apparently likes its cinematic experiences equally as gargantuan.
This is a substantial number, given that exhibitors are currently operating 447 IMAX screens in 47 different countries. If stateside investors approach Yum! Brands
China takes its entertainment seriously. China Digital
IMAX isn't the only way to play the global success of premium celluloid. Sound specialist Dolby
However, I'm still fond of IMAX -- and not just because I recommended it to Motley Fool Rule Breakers subscribers when it was still in the single digits a couple of years ago. After years -- decades, really -- of waffling about, IMAX is finally starting to come into its own. Movie studios now see IMAX as a huge ally in boosting box office receipts, and the fact that its global reach grows with every passing quarter only makes it that much more desirable.
Analysts expect earnings to pop tenfold this year to $0.90 a share. The success of News Corp.'s
IMAX is here to stay. Given the company's globetrotter ways, it appears to be everywhere to stay.
Would you be willing to pay an IMAX premium to see a movie? Please share your perspective in the comment box below.
IMAX and China Digital TV Holding are Motley Fool Rule Breakers selections. Dolby Laboratories is a Motley Fool Stock Advisor pick. Motley Fool Options has recommended a bull call spread position on Yum! Brands. The Fool owns shares of Yum! Brands. Try any of our Foolish newsletter services free for 30 days. True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community.
Longtime Fool contributor Rick Munarriz is a movie buff, but doesn't own shares in any of the stocks in this story. 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.