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IMAX stakes claim as premium screens drive box-office rebound

Wall Street Journal Markets •
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Studios are steering new releases back to the big screen, and premium formats have become the centerpiece of that push. IMAX, which rents its giant‑screen technology to studios rather than producing films, has seen its share of premium‑ticket sales climb as audiences crave a differentiated theater experience. Box‑office data from the first quarter shows a 12% lift in IMAX‑ticket revenue versus last year.

That premium edge will be tested when Disney drops the next Avengers film on Dec. 18, a date the studio shifted from a summer launch. The move pits the Marvel blockbuster against Warner Bros.’s Dune: Part Three, which already secured the same IMAX slots. Investors will watch how the two tentpoles split premium‑screen attendance.

Analysts note that premium‑screen pricing can add $5‑$8 per ticket, boosting studio margins and theater revenue alike. With IMAX screens limited in number, securing a slot becomes a strategic asset, forcing studios to negotiate higher fees. The Dec. 18 clash will reveal whether blockbuster brands can outweigh the premium‑screen premium in today’s recovering market. Analysts estimate the IMAX run could net $150 million worldwide.