Apple’s F1 Movie Is Getting a Rare IMAX Re-Release Next Month
LOS ANGELES COUNTY, CALIFORNIA, JUL 24 – Imax reported a 139% net income increase and plans to rerelease 'F1' on August 8, driven by a 19% global box office rise and record domestic earnings, CEO said.
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‘Sinners,’ ‘F1’ Lift Imax Quarterly Earnings
Imax’s quarterly earnings were lifted by the box office successes like “Sinners” and “F1,” which were shot with the company’s cameras. Revenue at Imax climbed 3% to $91.7 million, an improvement on the $89 million the company reported in the same period in 2024. Net income more than doubled to $12 million, compared to $5.1 million in the year-ago quarter. Adjusted earnings per-share topped out at 26 cents, a 39% increase from the 18 cents that…
F1 will be re-released in IMAX after the company saw an all-time high in profits this year
IMAX stock looks to be rising. The premium theater format has had a big year of special releases on the format, especially with Sinners being filmed with IMAX cameras and Ryan Coogler wanting to get as much as possible out of his picture. In fact, Sinners would accumulate so much word of mouth about the format that it saw a re-release in IMAX theaters earlier this summer after it completed its first run. Other films that capitalized on the forma…
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