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Latest Headlines: Richard Gelfond

Imax is planning  a major makeover of the iconic Chinese Theater in Hollywood. The giant-screen chain announced Friday that it had struck a deal with the venue’s owners to redo the former Grauman’s…
A growing global theater network, with 33 installations and 41 signings last quarter, helped Imax profits nearly double to $15 million from $8.4 million. Revenue rose 20% to $81 million.
Imax CEO Richard Gelfond sees the merger of a Chinese and U.S. theater chain as good news for AMC Theaters, and he hopes some of the benefits will trickle down to his company.