Following the announcement of preliminary talks regarding a potential sale, IMAX's stock experienced a notable increase in after-hours trading. A source familiar with the situation revealed to CNBC that while no formal offers have been made, discussions have taken place through intermediaries.
This interest in a sale aligns with CEO Rich Gelfond's earlier statements, where he expressed that IMAX holds substantial value as either an independent entity or as part of a larger company.
The company has shown impressive financial growth, achieving a record $1.28 billion in global box office revenue last year, which is a 40% increase compared to 2024 and surpasses its previous record from 2019.
Additionally, the popularity of premium large format screens is on the rise, with these screens accounting for 16.3% of domestic ticket sales in 2025, reflecting a growing trend in consumer preferences for enhanced viewing experiences. This context suggests that IMAX is well-positioned in the market, making it an attractive prospect for potential buyers