Its China spinoff, IMAX China, earned a $19 million profit in the first half compared with a year-earlier loss, according to figures released last month. Underscoring its success of late, two of the top three films at the Chinese box office this weekend were shot with IMAX cameras. That’s had kind of a negative impact on the Chinese box office. “As a result, that model has tampered down the Chinese box office for Hollywood films. “At that point I think the Chinese box office for Hollywood films will return to normal,” and China’s dominance at the global box office won’t be assured.

Source: Forbes August 18, 2021 09:42 UTC