IMAX CEO Richard Gelfond reacts to Oppenheimer's success and the impact blockbusters have on the movie industry on 'Barron's Roundtable.'
Oppenheimer"Oppenheimer" chronicles the U.S. government's top secret creation of the atomic bomb during World War II. Actor Cillian Murphy plays American theoretical physicist J. Robert Oppenheimer – known as the "father of the atomic bomb."
Gelfond shared with "FOX Business" how the IMAX experience is leveraging a cinema revival that Hollywood desperately needs post COVID-19 pandemic and the recent actors and writers strike. "Last year we released Top Gun [Maverick] and we did about 45 million, and then we had to play other films and we re-released Top Gun, and we did another 65 million," he said.
"There are 1,700 IMAX theaters in 90 countries around the world. We license our technology, which includes screen projector, sound system and the whole backend. So we monitor every theater in the world 24 hours a day. The sun never sets on IMAX."
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