logo
#

Latest news with #Sinners'

IMAX Earns 5 Buy Ratings as Analysts Back $1.2 Billion Forecast
IMAX Earns 5 Buy Ratings as Analysts Back $1.2 Billion Forecast

Business Insider

time15-07-2025

  • Business
  • Business Insider

IMAX Earns 5 Buy Ratings as Analysts Back $1.2 Billion Forecast

IMAX (IMAX) is riding a wave of momentum in the premium cinema space, with fresh analyst confidence and solid growth indicators pointing toward a strong finish to 2025 and an even more promising 2026. The company is forecasting $1.2 billion in global box office revenue this year, up 33% from 2024, which would mark the highest annual haul in its 55-year history. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The drivers behind IMAX's momentum surge consist of a mix of premium content partnerships, expanding market share, and a shift in consumer behavior toward immersive experiences. IMAX screens accounted for over 20% of global ticket sales for Apple's (AAPL) 'F1: The Movie,' which grossed nearly $300 million in its first 10 days. In the U.S. and Canada, IMAX theaters delivered 25% of the total domestic box office for the film, even though IMAX makes up less than 1% of screens globally. Shares closed at $26.93, up nearly 60% over the past 12 months. The stock remains just shy of its $29.66 high, suggesting room for additional upside if the momentum continues. IMAX also has plans to grow its footprint, with 1,700 screens in operation and contracts in place for 500 more. Wall Street Doesn't Ignore IMAX's Success The company's strong showing hasn't been limited to one title. Warner Bros. (WBD) 'Sinners' and Paramount's (PARA) 'Mission: Impossible – The Final Reckoning' also posted similar screen share wins for IMAX this year. Wall Street isn't ignoring this trend, either. Over the past week, five analysts reiterated Buy ratings on IMAX, with price targets ranging from $30 to $36. Five-star analyst Eric Handler of Roth MKM set the high end at $36, suggesting 33.7% upside from current levels. Another five-star analyst, Alicia Reese of Wedbush, bumped her target from $32 to $34, citing strength in IMAX's filmed-for-IMAX slate and upcoming releases. Omar Mejias at Wells Fargo maintained his Buy rating with a $30 target, pointing to solid market share gains and a strong Q4 pipeline. There is a note of caution, though. Insider sentiment has turned negative, with CEO Richard Gelfond selling $2.71 million worth of shares in May. Still, with strong demand, solid film performance, and analyst support, IMAX is drawing attention as a premium play in the theatrical comeback story. Is IMAX a good stock to buy? The bullish sentiment remains when we examine IMAX's analysts' forecast, with a Strong Buy consensus rating. The average IMAX stock price target is $32.60, implying a 21.05% upside.

Superman OTT release: Where to watch James Gunn's most awaited superhero movie online
Superman OTT release: Where to watch James Gunn's most awaited superhero movie online

Mint

time15-07-2025

  • Entertainment
  • Mint

Superman OTT release: Where to watch James Gunn's most awaited superhero movie online

Superman OTT release: James Gunn directorial movie is making waves at the box office since its July 11 premiere. After its impressive theatrical run, the superhero saga will debut of digital screens. Let's find out where can one stream the highly anticipated movie rebooting the DC superhero. Cinephiles will be able to enjoy David Corenswet starrer 'Superman' from the comfort of their homes on OTT platform HBO Max. The makers have not revealed any release date yet but as is typical of Warner Bros Pictures production movies, 'Superman' 2025 may arrive on Premium Video on Demand (PVOD) by late August 2025 since Warner Bros' 'Sinners' hit digital stores six weeks post-release. Considering the timeline followed by 'Sinners' which debuted on HBO Max in around 10 weeks, Superman may stream on HBO Max by early October 2025. According to Wall Street Journal, Superman was made on a budget of ₹ 1931.75 crore (or $225 million). Based on 336 reviews, review aggregator website Rotten Tomatoes gave Superman a staggering 82 percent rating. Backed by Troll Court Entertainment, DC Studios and The Safran Company, the star cast includes Rachel Brosnahan, Nicholas Hoult, Isabela Merced, Nathan Fillion, Anthony Carrigan, and Edi Gathegi in supporting roles. The big budget movie raked in ₹ 2.3 crore net in India on Monday from 3D screenings, according to film industry tracker Sacnilk. During its 4-day run in theatres, the movie minted ₹ 28.32 crore net in India. At the global box office, the Hollywood favourite collected $220 million, Deadline reported. Film trade analyst Sumit Kadel gave it a 3.5 star rating and in a post on X stated, 'The film is colorful, vibrant, thoroughly entertaining, and has a simple, easy-to-follow story….This Superman is clearly inspired by the actual comic books ,made with kids and families in mind.'

IMAX heads for best year ever as it capitalizes on box office rebound
IMAX heads for best year ever as it capitalizes on box office rebound

NBC News

time11-07-2025

  • Business
  • NBC News

IMAX heads for best year ever as it capitalizes on box office rebound

More than a year before 'F1: The Movie' would eventually hit theaters, Apple struck a deal with IMAX. The studio secured the use of IMAX's camera technology as well as a three-week release in its theaters, a partnership that helped the film generate nearly $300 million globally in its first 10 days in cinemas. More than 20% of that haul came from IMAX screenings. In the U.S. and Canada, the company's theaters have accounted for 25% of all domestic ticket sales for the film. That feat is made even more impressive by the fact that IMAX screens represent less than 1% of the total movie screens worldwide. Two other films released this year have exceeded 20% market share for the company — Warner Bros.′ 'Sinners' and Paramount's 'Mission: Impossible — The Final Reckoning.' It's a sign of strength for IMAX's place in the rapidly evolving film industry. IMAX has long been a coveted destination for theatrical releases, but as consumer tastes continue to shift toward premium experiences, it's quickly gaining market share and poised for exponential growth in the coming years. CEO Rich Gelfond is forecasting a $1.2 billion year at the global box for the company, which would be 33% higher than 2024′s haul and a record for the 55-year-old business. Wall Street analysts expect 2026 will be even better. 'Post-pandemic a lot of activities, especially event activities, have really done well [for] premium brands,' Gelfond told CNBC. 'You look at concerts, ticket prices went up. Premium seats have gone up. You look at sporting events, same kind of thing. Broadway. I think people, although they enjoy staying at home, streaming and watching streaming products, when they go out of the home, they want something sufficient distinguished from that.' Investors have rallied behind IMAX stock. Shares of the company are up roughly 60% in the last 12 months. IMAX screens are notably larger than standard movie screens and the theaters feature immersive audio systems. The company doesn't just screen movies, many of the films that appear in IMAX were shot using cameras and technology developed by the company specifically tailored to the IMAX viewing experience. 'This year, we have eight movies in a row in North America that were filmed with IMAX cameras, and typically the box office goes higher when you shoot with the cameras,' Gelfond said. 'And there's a couple reasons for that. One, it's a better way of watching it and listening to it. But also, the filmmakers typically get behind it more, and they tell their audiences that it's the best way to see their work. And I think that's a powerful impetus for audiences to go to IMAX.' These 'filmed for IMAX' titles include features like Christopher Nolan's 'Oppenheimer,' Denis Villeneuve's 'Dune' films and even the latest 'Mission: Impossible' flick from Tom Cruise. Tickets to see a film in IMAX typically cost a few dollars more than standard movie tickets, which can help to boost a box office haul. 'The more 'filmed for IMAX' titles, the more outperformance you seen on the film for IMAX titles,' said Alicia Reese, analyst at Wedbush. 'The better the margins are going to be. As you see margins improve in 2025, you're going to see not just better quality title signings in 2026, but what I expect to see is that the studios will take more ownership of the marketing campaigns with even greater upside.' Roth's Eric Handler said that IMAX has a 'high-class problem of too much content availability.' The 'F1' deal for three weeks of screen programming meant that Universal's 'Jurassic World Rebirth' got edged out: the film missed out on a domestic IMAX release and was only featured on IMAX screens in China. That film will also appear in IMAX screens in Japan next month. Domestically, the movie slate is strong is 2025 and 2026, with a number of major franchise film releases on the books. Warner Bros.′ 'Superman' hits theaters Friday, and coming soon is Disney and Marvel's 'Fantastic Four: First Steps.' Then Universal's 'Wicked: For Good' arrives ahead of the Thanksgiving holiday and Disney's 'Avatar: Fire and Ash' hits theaters just before Christmas. 2026 kicks off with Amazon's 'Project Hail Mary' and will also feature a new Avengers film, the first theatrical Star Wars release since 2019, a sequel to 'The Super Mario Bros. Movie,' a live-action 'Moana' as well as 'Toy Story 5″ and 'Shrek 5.' And also in the mix is Nolan's next feature film 'The Odyssey.' New Hollywood releases are just one piece of IMAX's box office success. 'Not only are they benefiting from Hollywood's recovery, they're also taking advantage of the global footprint and showing local language movies in China, in Japan and South Korea and parts of Europe,' said Eric Handler, analyst at Roth. He noted that 'Ne Zha 2,' a Chinese release that has generated more than $2 billion in global ticket sales, was a particularly strong local language film for IMAX. The company generated nearly $170 million in receipts from screening the film. And there's still room for IMAX to grow. The company currently has around 1,700 screens worldwide, around 400 of which are in North America. Gelfond told CNBC that the company has contracts to build about 500 more IMAX screens. He said the company would share more specific details during its earnings report, which is due to be released later this month. 'We signed almost as many new theaters this year as we signed for the whole year last year,' Gelfond said. 'So there's a lot of growth.'

‘Superman' World Premiere: The Best Of The Red Carpet
‘Superman' World Premiere: The Best Of The Red Carpet

Yahoo

time10-07-2025

  • Entertainment
  • Yahoo

‘Superman' World Premiere: The Best Of The Red Carpet

James Gunn's Superman flies into theaters on Friday, July 11, and the director and cast celebrated the film's world premiere in Los Angeles on Monday at the TCL Chinese Theater. RELATED: More from Deadline James Gunn Confirms Matt Reeves' 'The Batman II' Script Is Finished: "It's Great" James Gunn Wants To Bring "Color And Joy" Back To 'Superman': "In Some Ways, It's Lighter" James Gunn Says 'Superman' Is An "Immigrant" Story About "Basic Human Kindness" Starring David Corenswet as the titular superhero, the film will also see Rachel Brosnahan take up the typewriter of Lois Lane in addition to Nicholas Hoult playing villain Lex Luthor. The film also stars Anthony Carrigan as Metamorpho, Frank Grillo as Rick Flag Sr., María Gabriela de Faría as The Engineer, Alan Tudyk as Superman Robot #4, Edi Gathegi as Mr. Terrific, Isabela Merced as Hawkgirl, Nathan Fillion as Guy Gardner and more. RELATED: Find the cast in their red carpet glamor below. Best of Deadline Hailee Steinfeld Photos: Her Career From Teen Movies To The Oscars To 'Sinners' Mickey Rourke: Photos From The Actor's Life & Career The Best Red Carpet & Party Photos Of 2024, From 'Dune: Part Two' To 'Gladiator II' & 'Wicked'

Addison Rae, Katseye, and Nikki Glaser lead list of new Recording Academy invitees
Addison Rae, Katseye, and Nikki Glaser lead list of new Recording Academy invitees

Yahoo

time10-07-2025

  • Entertainment
  • Yahoo

Addison Rae, Katseye, and Nikki Glaser lead list of new Recording Academy invitees

Addison Rae, Katseye, and Nikki Glaser were among the list of music and recording professionals newly invited to join the Recording Academy. The organization, which runs the Grammy awards, extended invitations to nearly 3,600 industry members, all of whom — upon accepting the invite — will be able to vote in the awards. More from Gold Derby The horror! 'Sinners' and 'The Substance' lead Fangoria Chainsaw Awards nominations of year's scariest offerings 'Ne Zha 2,' explained: How it became the biggest animated film ever and is recruiting Oscar talent for the U.S. release Other notable invitees include Joey Bada$$, Grupo Firme, and Mariah the Scientist. "For today's music creators, Grammy membership opens up an incredible set of opportunities," Recording Academy CEO Harvey Mason Jr., said in a statement. 'Not only do voting members get the chance to honor their peers with Grammy nominations and awards, Academy members get access to hands-on experience, skill development to advance their careers, exposure to peers and mentors in the music industry and be part of an organization shaping the future of music.' The news of the invitation comes at a major moment for Rae, who released her first album last month and is currently sitting at No. 4 in Gold Derby's Best New Artist predictions for the Grammy Awards. "It is a huge honor to join the Recording Academy/Grammys 2025 New Member Class," Rae said in a statement. "I am so lucky to be surrounded by talent and poise that inspires me to create fearlessly and help encourage others to do so as well. Thank you for this incredible opportunity!" The first round of Grammy voting will run from Oct. 3 to Oct. 15, with nominations being announced on Nov. 7. Final round voting runs from Dec. 12 to Jan. 5, ahead of the ceremony on Feb. 1. Best of Gold Derby Billboard 200: Chart-topping albums of 2025 Billboard Hot 100: Every No. 1 song of 2025 The B-52s' Kate Pierson talks Rock Hall snub, influencing John Lennon, and fears a solo album would be a 'betrayal' to her band Click here to read the full article.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store