ImaxCEO Rich Gelfond predicts the longSAG-AFTRAstrike will settle relatively soon.
All Imax needs is one blockbuster, one concert film, or one streaming film at a time.
So I feel better about our growth prospects versusexhibitions prospects regardless of when the strike settles.
Apple’s ‘Killers Of The Flower Moon’Apple TV+ / Courtesy Everett Collection
SAG-AFTRA and the AMPTPare meeting todayin an attempt to end the 100-plus day work stoppage.
In terms of how it affects 2024…it depends when it settles.
If it settles in the next couple of months, by Thanksgiving, I will feel a lot better.
Imax stock opened strong today but is now down about 3%.
Gelfond has been on a crusade to woo investors and boost the share price.
Theres an awful lot of upside.
