economy
Wall Street thinks IMAX is ripe for a sale. Here's who could buy it
A source told CNBC that IMAX has held "preliminary talks" through intermediaries, but no official pitches have been made by the company.
TL;DR
- IMAX shares rose on speculation that the company is exploring a sale.
- IMAX has held preliminary talks through intermediaries, but no official pitches have been made.
- Wall Street analysts view IMAX as an attractive, undervalued asset.
- Potential buyers include private equity, Netflix, Apple, Sony, Amazon, Disney, and Comcast/NBCUniversal.
- IMAX generated a record $1.28 billion at the global box office last year.
- The company is diversifying its content beyond Hollywood, including local language titles and alternative content like F1 races.
- IMAX plans to install 160 to 175 new systems in 2026.