Latest news with #IMAXChina
News18
3 days ago
- Entertainment
- News18
Tom Cruise's Mission Impossible 8 Tops China Box Office With $25M Opening
Last Updated: Tom Cruise's Mission: Impossible – The Final Reckoning had the highest US movie opening in China this year, earning $25.2 million, dominating the Chinese box office. The persistent geopolitical friction between China and the US has not favoured Hollywood. With its 10,000 screens, China stands as one of the world's largest film markets, where numerous American movies rake in millions annually. However, the escalating mistrust between Washington and Beijing has made it challenging for Hollywood films to attract Chinese viewers lately. Nonetheless, Tom Cruise remains undeterred. His latest film, Mission: Impossible – The Final Reckoning, has achieved the highest opening for a US movie in China this year and dominated the Chinese box office during its opening weekend. Paramount Global reported that the eighth film in the action series amassed $25.2 million across 11,847 locations in China over its opening weekend. This success positioned it as the top-performing US release in the country for 2025, outstripping Warner Bros Entertainment Inc.'s A Minecraft Movie, which garnered $29 million since its April 4 debut, according to ticketing platform Maoyan. The opening of The Final Reckoning is on par with its 2023 predecessor but stands out in a year when most US films have struggled in China. Minecraft debuted with $14.5 million, while Walt Disney Co.'s Thunderbolts and Lilo & Stitch earned $10.5 million and $8.7 million, respectively, during their opening weekends. IMAX China noted that tickets for larger IMAX screens contributed 19% of The Final Reckoning's total box office revenue, marking the highest IMAX share ever for the franchise on both opening day and opening weekend. The Mission Impossible series has consistently captivated Chinese audiences, with each installment performing well in the country. In 2018, when US films enjoyed peak market share in China, the sixth installment opened with around $77 million. However, this momentum waned after Donald Trump initiated a trade dispute during his first term. The recent tariffs have led to fewer releases and lower returns, as seen in the underperformance of Disney and Marvel films in China earlier this year. Yet, MI8 appears to buck this downward trend. The robust performance of Cruise's latest film, which he claims will be his final Mission: Impossible, indicates that Hollywood productions have managed to withstand the growing tensions between the US and China. In April, Beijing announced it would 'moderately reduce" the number of US films allowed in the market as part of its broader response to trade disputes. Although initial negotiations between Washington and Beijing began soon after, they have since stalled. IMAX China's upcoming slate includes several high-profile releases, such as the fantasy epic How to Train Your Dragon by DreamWorks Animation, the dinosaur adventure Jurassic World: Rebirth by Comcast Corp.'s Universal Pictures, and Warner Bros.' Superman. First Published:
Hindustan Times
3 days ago
- Entertainment
- Hindustan Times
Tom Cruise's Mission Impossible 8 defies US-China tensions, tops China box office with $25 million haul
The ongoing geopolitical tensions between China and the US have not resulted in any favourable outcome for Hollywood. China, with its 10,000 screens, is one of the biggest markets for a film in the world. Each year, several American films earn millions there. But due to the rise in mistrust between Washington and Beijing of late, Hollywood films have found it hard to find audiences in China. But that cannot stop Tom Cruise, of course. His latest release, Mission: Impossible – The Final Reckoning, has not only posted the biggest opening for a US film in the country this year, but also topped the Chinese box office overall in its opening weekend. (Also read: Did Tom Cruise just confirm the Mission Impossible franchise is dead? 'It's not called The Final Reckoning for nothing') Paramount Global's eighth instalment in the action franchise earned $25.2 million across 11,847 locations in China during the opening weekend, the studio said in a statement. The film has become the top-performing US release in the country for 2025, surpassing Warner Bros Entertainment Inc.'s A Minecraft Movie which raised $29 million since its April 4 debut, according to ticketing platform Maoyan. While the Final Reckoning opening is comparable to its 2023 predecessor, the latest film's performance stands out in a year when most US titles have struggled to gain traction in China. Minecraft opened with $14.5 million, while Walt Disney Co.'s Thunderbolts and Lilo & Stitch brought in $10.5 million and $8.7 million, respectively, on opening weekend. Tickets for larger IMAX screens accounted for 19% of Final Reckoning's total box office revenue, IMAX China said. That marked the highest IMAX share ever for the franchise on both opening day and opening weekend, the company said. The Mission Impossible franchise has always been a symbol of Hollywood's craze in China, with all films from the action series doing well in the country. In 2018 — when US films reached a peak share of the Chinese market — the sixth installment of the franchise opened to around $77 million in China. But that momentum slowed after Donald Trump sparked off a trade clash during his first Presidency. The recent tariffs have caused even fewer releases and diminished returns. This was evident by the underperformance of Disney and Marvel films in China earlier this year. But MI8 seems to counter the current trends. The solid performance of Cruise's new film, which he's said will be his last Mission: Impossible, suggests that Hollywood pictures have withstood rising tensions between the world's two largest economies. In April, Beijing said it would 'moderately reduce' the number of US films allowed into the market as part of a broader response to trade friction. While initial negotiations between Washington and Beijing began shortly after, talks have since stalled. IMAX China said its upcoming slate features several high-profile releases, including the fantasy epic How to Train Your Dragon by DreamWorks Animation and dinosaur adventure Jurassic World: Rebirth by Comcast Corp.'s Universal Pictures, as well as Warner Bros.' Superman. (With Bloomberg inputs)
Zawya
05-02-2025
- Entertainment
- Zawya
IMAX Soars to Highest Grossing Chinese New Year Ever with $53 Million
IMAX Box Office in China's Peak Moviegoing Period up +57% over Previous Best; Animated Blockbuster 'Ne Zha 2' Leads the Way with $36 Million and Counting NEW YORK, US and SHANGHAI, CHINA - Media OutReach Newswire - 5 February 2025 -IMAX Corporation (NYSE: IMAX) shattered its box office record for Chinese New Year, delivering $53 million during the 7-day holiday period concluded February 4. The busiest window annually for moviegoing in China, the 2025 Chinese New Year holiday saw IMAX exceed its previous record of $34 million set in 2023 by a whopping +57%. IMAX also delivered its highest attendance ever for the Chinese New Year, with 5.5 million admissions nationwide. While the holiday has concluded, IMAX's record-breaking slate of Chinese New Year films will continue to play throughout the IMAX China network for another month. IMAX delivered its highest market share of the holiday – 4.3% on only 1% of screens – and $7.3 million on the final day of the period, demonstrating the continued strength of the slate. "Chinese New Year unleashed one of the most impressive surges in moviegoing we've seen in recent years, anywhere in the world — leaving a slew of broken IMAX records in its wake," said Rich Gelfond, CEO of IMAX. "This is a shot of adrenaline for moviegoing in China that comes at just the right time, with a tentpole heavy slate of local language and Hollywood films ahead for 2025." Enlight's "Ne Zha 2" — the highly anticipated sequel to the 2019 smash hit — led the way with $36 million. The film scored the biggest opening weekend in IMAX history for an animated film with $22 million and is already the fourth highest grossing IMAX local language release of all time. "Ne Zha 2" took just seven days to top its predecessor "Ne Zha," which earned $35 million in China over its two-month IMAX run. Alibaba's fantasy "Creation of the Gods II: Demon Force" delivered $7.6 million and Bona's naval drama "Operation Hadal" added another $2.7 million in IMAX. Both films featured IMAX-exclusive expanded aspect ratio. China Film Group's martial arts actioner "Legend of the Condor Heroes: The Gallants" scored $3.7 million while Maoyan's "Detective Chinatown 1900" contributed an additional $2.7 million in IMAX. "The message from audiences is clear: IMAX is their first choice," said Daniel Manwaring, CEO of IMAX China. "Riding on a stronger-than-ever audience preference, IMAX has transformed moviegoing into a cultural phenomenon and a social talking point. We deeply value their brand loyalty and are confident that we can carry this momentum throughout what is poised to be one of the strongest years for Chinese local language films." With the 2025 Chinese New Year slate, IMAX continues to expand its strategy of bringing local language films to audiences around the world. "Creation of The Gods II: Demon Force" and "Detective Chinatown 1900" were also released in select IMAX locations across 11 countries worldwide, bringing in more than $1.2 million outside of China. "Ne Zha 2" will be shown exclusively in IMAX theaters in Australia and New Zealand beginning February 6 th. The Chinese New Year slate will continue to play in China for the next month, alongside Disney's "Captain America: Brave New World" and the re-release of the classic romance "In Mood for Love". Hashtag: #IMAX The issuer is solely responsible for the content of this announcement. About IMAX China IMAX China is a subsidiary of IMAX Corporation and was incorporated as a limited liability company under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China. Shares of IMAX China trade on the Hong Kong Stock Exchange under the stock code "1970." About IMAX Corporation IMAX, an innovator in entertainment technology, combines proprietary software, architecture, and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX systems to connect with audiences in extraordinary ways, making IMAX's network among the most important and successful theatrical distribution platforms for major event films around the globe. IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2024, there were 1,788 IMAX systems (1,714 commercial multiplexes, 12 commercial destinations, 62 institutional) operating in 89 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970". IMAX ®, IMAX ® 3D, Experience It In IMAX ®, The IMAX Experience ®, DMR ®, Filmed For IMAX ®, IMAX LIVE™, and IMAX Enhanced ® are trademarks and trade names of IMAX Corporation or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. For more information, visit You may also connect with IMAX on Instagram ( Facebook ( LinkedIn ( X ( and YouTube ( IMAX Corporation
Bloomberg
05-02-2025
- Business
- Bloomberg
IMAX China on Impact of Geopolitics on Film Industry
IMAX China CEO Daniel Manwaring says regulators in mainland China still want to grow the country's film industry and allow as many movies into the country as possible, despite tensions with the US. He speaks exclusively with David Ingles and Rebecca Choong Wilkins on "Bloomberg: The China Show" after the company logged record box office sales over the Lunar New Year holiday. (Source: Bloomberg)
Zawya
30-01-2025
- Entertainment
- Zawya
IMAX Rockets to Best Chinese New Year Opening with $12 Million
Shattering Dual Records for Box Office and Attendance SHANGHAI, CHINA - Media OutReach Newswire - 30 January 2025 - IMAX China set a record Chinese New Year opening day with a whopping $12 million in box office revenue, eclipsing the previous record set in 2021. Additionally, with 1.2 million admissions nationwide, IMAX achieved its highest day-one attendance in history, paving the way for a robust new year. IMAX captured 5% of the Chinese New Year box office to date with 1% of the total screens, marking its highest percentage of first-day results ever. Notably, 7 out of the top 10 highest-grossing theaters nationwide were IMAX venues, highlighting the audience's strong preference gravitating toward the IMAX experience. This year's Chinese New Year holiday is widely acclaimed as the strongest in history, with exceptional audiovisual effects recognized as a key factor in drawing audiences to theaters. Five blockbusters landed in IMAX theaters, marking the largest lineup in history, including "Creation of the Gods II: Demon Force," featuring IMAX's exclusive aspect ratio; "Operation Hadal," a Filmed for IMAX title shot entirely with IMAX certified camera; "Nezha 2," "Detective Chinatown 1900," and "The Legend of the Condor Heroes." With their strong IP appeal, diverse genres, and high-quality audiovisual spectacles, this robust lineup caters to a broad audience demographic, creating significant momentum for IMAX's Chinese New Year holiday window. Hashtag: #boxoffice #chinafilmmarket #chinafilm #Imax #ImaxChina #HK1970 The issuer is solely responsible for the content of this announcement. IMAX China
