Is the Summer Blockbuster Dead?
FOXBusiness.com caught up with IMAX Inc. CEO Rich Gelfond, who helped score ticket sales so far as well as what moviegoers can expect.
Memorial Day unofficially kicks off the summer movie season and typically helps give a bump at the box office. So, how will the 2016 season stack up?
FOXBusiness.com caught up with IMAX Inc. (NYSE:IMAX) CEO Rich Gelfond, who helped score ticket sales so far as well as what moviegoers can expect.
“I think you are going to see a lot of momentum throughout the year. Two thousand and sixteen is looking much better than people thought” says Gelfond.
But with so many options like Netflix (NASDAQ:NFLX), Hulu and Amazon (NASDAQ:AMZN), are people really going to the theater?
“I think IMAX gets eyeballs in because people want to leave their living rooms, and they want to do something special; We are social animals ” Gelfond says.
Click the full video for more, plus find out what the IMAX CEO says his favorite summer movie of all time really is!