Reginal Thomas
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IMAX Expected to Reach 1$ billion in Receipts

Imax Corp. (NYSE: IMX) CEO Richard Gelfond is expecting annual box office receipts to reach $1 billion in the next few years as the company expands to in new markets like China, Russia, and the Middle East. During an interview at the Toronto International Film Festival Gelfond said the company is planning on opening theaters in 1,700 new markets with 500 of them in America. 

Get your popcorn ready!