IMAX Explores Sale After Preliminary Buyer Talks as Shares Jump 10%
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- IMAX held preliminary talks with potential buyers through intermediaries, according to a source, though the company has not made formal pitches.
- Shares rose about 10% in extended trading after the Wall Street Journal reported the potential sale process.
- CEO Rich Gelfond had already told shareholders in December he was open to a sale if it maximized value, and he recently returned from temporary medical leave for pneumonia treatment.
- IMAX enters the talks from a position of strength: its global box office hit a record $1.28 billion in 2025, up more than 40% from 2024.
- That growth reflects rising demand for premium large-format screens, which captured 16.3% of U.S. tickets in 2025 at an average price of $16.88.