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“We are not an exhibitor.” That’s been Imax CEO Richard Gelfond‘s pitch to Wall Street as the exec aims to differentiate the giant-screen company from more volatile rivals like theater giants AMC and Cineworld. And, on Sept. 22, Imax unveiled a 21 million acquisition of a streaming video tech firm, Ssimwave, that would be surprising if Gelfond hadn’t already been telegraphing his ambitions.
Ssimwave, a startup run by CEO Dr. Abdul Rehman, uses machine learning to allow clients — including Disney, Paramount and Warner Bros. Discovery — to offer high video quality for viewing on multiple devices. The start-up’s tech aims to allow streaming players to deliver a better customer experience by reducing content delivery issues like quality drop-offs, screen audio and video out of synch and uneven color contrasts and depth. The buy looks to bolster Imax’s efforts to broaden its...
“We are not an exhibitor.” That’s been Imax CEO Richard Gelfond‘s pitch to Wall Street as the exec aims to differentiate the giant-screen company from more volatile rivals like theater giants AMC and Cineworld. And, on Sept. 22, Imax unveiled a 21 million acquisition of a streaming video tech firm, Ssimwave, that would be surprising if Gelfond hadn’t already been telegraphing his ambitions.
Ssimwave, a startup run by CEO Dr. Abdul Rehman, uses machine learning to allow clients — including Disney, Paramount and Warner Bros. Discovery — to offer high video quality for viewing on multiple devices. The start-up’s tech aims to allow streaming players to deliver a better customer experience by reducing content delivery issues like quality drop-offs, screen audio and video out of synch and uneven color contrasts and depth. The buy looks to bolster Imax’s efforts to broaden its...
- 9/28/2022
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Imax shares shot higher Wednesday as Goldman Sachs initiated coverage of the large-format leader with a “buy” rating, saying it’s well positioned to take share in the current environment and has ample cash to navigate a potentially turbulent recovery.
The stock was up more than 16% on a day of solid gains for exhibition that saw Cinemark rising over 15% and Marcus up 13% with an hour left of trading. They outpaced other media stocks and an upbeat market.
Separately, analyst Eric Wold of B Riley Fbr was cautiously upbeat that patchwork and unpredictable theater openings nationwide as Covid-19 cases spike in some states may push studios to release new films sooner instead of waiting for a perfect date.
“We are less certain that studios will wait for the perfect date to release their films—as that perfect date may never arrive. In other words, waiting for every major market to have...
The stock was up more than 16% on a day of solid gains for exhibition that saw Cinemark rising over 15% and Marcus up 13% with an hour left of trading. They outpaced other media stocks and an upbeat market.
Separately, analyst Eric Wold of B Riley Fbr was cautiously upbeat that patchwork and unpredictable theater openings nationwide as Covid-19 cases spike in some states may push studios to release new films sooner instead of waiting for a perfect date.
“We are less certain that studios will wait for the perfect date to release their films—as that perfect date may never arrive. In other words, waiting for every major market to have...
- 7/15/2020
- by Jill Goldsmith
- Deadline Film + TV
Recently,CBS delivered the new,official synopsis/description for their upcoming "Hawaii Five-o" episode 12 of season 6. The episode is entitled, "Ua ola loko i ke aloha" is Hawaiian for "Love Gives Life Within," and it turns out that we're going to see some pretty interesting and dangerous stuff go down as the Five-o team aggressively tries to hunt down bomb thieves, and more! In the new, 12th episode press release: While McGarrett's Aunt Deb Visits Oahu On A Special Personal Mission, Five-0 Must Uncover Who Stole Unstable Japanese WWII Bombs Left Hidden On The Island, On "Hawaii Five-0," Friday, Jan. 15. Press release number 2: While McGarrett's Aunt Deb is visiting Oahu on a special personal mission, Five-0 is going to have to locate who stole unstable Japanese WWII bombs left hidden on the island. Entertainment legend Carol Burnett returns as McGarrett's Aunt Deb, and Taryn Manning returns as his sister,...
- 1/8/2016
- by Andre Braddox
- OnTheFlix
I don't know about you, but I have a new TV obsession and it is called Last Resort! ABC has a surefire hit on its hands with this very unique and intense drama. I guarantee you the words Last Resort won't be running silent or running deep tomorrow. The one thing I'm waiting for the most here is to see how they turn this great pilot into an even greater series. Thanks to this official description for next week's Last Resort, and the images above, we have some idea as the crew of the Colorado take their battle topside.
"Blue on Blue" - More than 20 warships are closing on the 200-mile perimeter that Marcus Chaplin declared as a no man's land around the island. And as Xo Sam Kendal is drawn into a battle on the ground to keep them alive, Prosser confronts Marcus about something personal to him that...
"Blue on Blue" - More than 20 warships are closing on the 200-mile perimeter that Marcus Chaplin declared as a no man's land around the island. And as Xo Sam Kendal is drawn into a battle on the ground to keep them alive, Prosser confronts Marcus about something personal to him that...
- 9/28/2012
- by Jon Lachonis
- TVovermind.com
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