EXCLUSIVE: Vertical Entertainment has secured North American, United Kingdom, and Ireland distribution rights to Broadway Rising, Amy Rice’s documentary chronicling the reopening of Broadway after the 2020 Covid pandemic shutdown.
20.09.2022 - 01:35 / deadline.com
Big screen exhibitor Imax has extended the employment agreement of chief executive Richard Gelfond through Dec. 31, 2025.
The amendment to Gelfond’s initial agreement, effective as of January 1, 2023, also commits to annual equity award grants in 2023, 2024 and 2025. Otherwise his compensation and severance terms remain the same, according to an SEC filing Monday.
The news comes amid a flurry of new executive appointments at the company. Imax recently promoted longtime finance exec Natasha Fernandes as CFO and tapped Jennifer Horsley as SVP of investor relations. It also hired former Warner Media human resources executive Michele Golden as its Global Chief People Officer, overseeing HR, recruiting, talent management and DEI.
Former investment banker Gelfold and partner Bradley Wechsler acquired Imax in 1994 and have grown it into a global brand. Its box office sales have been over-indexing the industry post Covid as blockbusters, the company’s bread and butter, fueled a box office revival earlier this year. It recently posted strong number from the re-release of Jaws and this past weekend from the new David Bowie documentary Moonage Daydream. It sells cameras and equipment and has been moving into live events. Gelfond has been a strong public advocate of theatrical even as he strives to convince Wall Street not to lump the company in with the broader exhibition industry.
In a deal announced in Cannes, IMAX Corporation and Dolphin Entertainment signed a multi-year agreement to co-finance development and production of a slate of feature-length documentaries for global release. The first film under the partnership will be The Blue Angels, the recently-announced documentary from Bad Robot Productions and Zipper Bros Films
EXCLUSIVE: Vertical Entertainment has secured North American, United Kingdom, and Ireland distribution rights to Broadway Rising, Amy Rice’s documentary chronicling the reopening of Broadway after the 2020 Covid pandemic shutdown.
Donald Trump, David Cameron, Brexit and even Die Hard‘s status as a Christmas film.The new spoof sees the pair taking aim at Truss’ highly divisive recent economic policies, splicing together quotes from her recent speeches and interviews.“The damage is done, and I’ve just begun,” Truss says during the spoof. “65 billion to get back to square one / A worst first budget is inconceivable.”Later in the track she says: “They say our policies increase inequalities / No shit Sherlock.”Watch the full ‘Nu Tax Plan’ video below.New! Cassetteboy vs Liz Truss – Nu Tax PlanYou can support us at https://t.co/o7kwE1h2gy , we appreciate it now more than ever.
@elonmuskIn a follow-up tweet to his original post, Musk wrote that everything he wrote is “highly likely to be the outcome in the end – just a question of how many die before then.” And once again, Melnyk had a response.“The only outcome ist [sic] that now no Ukrainian will EVER buy your f…ing tesla crap,” he wrote. “So good luck to you.”The only outcome ist that now no Ukrainian will EVER buy your f…ing tesla crap.
A Manchester aid worker captured in Ukraine sent a message to his two daughters telling them 'I love you so much' before he tragically died - and it's now been delivered to them in person by a freed hostage he was held and tortured with, reports the Sunday Mirror.
night before, Carlson took the position that the attack had been orchestrated by the Biden administration. In a Pentagon briefing on Wednesday, an unnamed Senior Military Official told Fox News’s Chief National Security Correspondent Jennifer Griffin that the U.S.
Brian Steinberg Senior TV Editor The TV networks haven’t been particularly fond of Nielsen in recent months, but their digital rivals seem pretty impressed. The media-measurement giant has entered into a pact with streaming portal Roku that calls for Nielsen to track viewership across traditional and connected TV watching, desktop usage and mobile screens. Advertisers who use Roku can get data on the reach of their commercials among Roku users that will rely on so-called “deduplicated” audiences, or people who aren’t seeing the same content on different viewing platforms. “Marketers are increasingly investing in CTV to follow consumers. However, brands want consistent measurement across screens,” said Kim Gilberti, senior vice president of product management at Nielsen, in a prepared statement. “Marketers can now better evaluate CTV inventory’s unique reach and frequency in conjunction with their entire Roku buy in a comparable and comprehensive manner, and advertisers can reduce waste and help ensure that relevant ads are delivered to the right audiences across devices.”
Anna Marie de la Fuente In what is expected to be a surefire hit, Buendia Estudios revealed an upcoming TV series adaptation of Antonio Gala’s erotic novel, “La Pasion Turca.” The popular novel was last adapted into a hit feature film in 1994 with the late Vicente Aranda directing and Andres Vicente Gomez of Lolafilms producing. It starred singer-actress Ana Belen in what is considered her most successful film. Buendia Estudios’ director general Ignacio Corrales and editorial director Sonia Martínez jointly announced the new project at the 2nd edition of the Iberseries & Platino Industria television event in Madrid. The new six-episode series set to air on Spanish free-to-air channel Antena 3 and streamer AtresPlayer Premium will start shooting by the end of October in Turkey for seven weeks before moving to Madrid. The cast will be made up of Spanish, Turkish and Italian talent.
The Scottish Conservatives have been accused of "hypocrisy" for supporting Liz Truss's tax cuts for the wealthy, despite several MSPs refusing to vote for her as leader. A group of prominent Tories endorsed Rishi Sunak's leadership campaign - which promised a focus on tackling inflation - before quickly embracing the new Prime Minister after the former Chancellor lost earlier this month.
Mila Kunis is getting candid about how she and her family handled Ashton Kutcher’s health scare. ET’s Nischelle Turner spoke with Kunis ahead of the release of her new film, “Luckiest Girl Alive”, where she spoke about her husband’s battle with a rare form of vasculitis, and how the couple “powered through” that scary time.
SSIMWAVE Inc., a video company that uses AI tech to enhance video images in real time and deliver the highest quality video images on any device for both on-demand and live video streams.Imax acquired SSIMWAVE as part of its mission to produce the best quality video images on any screen and to further its ambitions with live video. The deal was for $18.5 million in cash and $2.5 million in stock with additional earn-out consideration of $4 million, subject to achieving certain operating performance and financial objectives.SSIMWAVE’s tech has won two Emmys and has a 30-person engineering team that has mapped the human visual system to produce one of the most accurate measures of perceptual quality, which its AI-driven software applies to enhance video streams and files in real time.
Imax Corp. has acquired Ssimwave, an Ontario-based AI-driven tech firm whose clients include media giants from Disney and Paramount Global to Warner Bros. Discovery and NBCU parent Comcast. It’s a cash and stock deal worth $21 million.
Trace Gallagher has been named the permanent anchor of Fox News @ Night, Fox News Channel’s midnight ET newscast.
Ross Kelly was a familiar face from ITV's This Morning for those who used to watch in the 1990s. He joined as a cover presenter and co-hosted on Fridays during the period when the popular daytime show was presented by Richard Madeley and Judy Finnegan. Ross, now 61, left This Morning after 3 years and joined GMTV presenting alongside Fiona Phillips and Lorraine Kelly.
The extension comes as Imax has made several other changes to its core leadership, including hiring former Warner Media human resources executive Michele Golden as its Global Chief People Officer. The company also promoted finance executive Natasha Fernandes as its new CFO and named Jennifer Horsley as SVP of investor relations.While movie theaters have struggled to recover from the COVID-19 pandemic — with Regal Cinemas parent company Cineworld filing for bankruptcy — Imax has seen faster recovery thanks to strong performance from various blockbusters, most notably “Top Gun: Maverick,” which has taken more than $100 million from its $1.46 billion global box office run from Imax screenings alone.
Rebecca Rubin Film and Media Reporter Imax Entertainment CEO Richard Gelfond has extended his contract through 2025. Gelfond, who has served as CEO since 2009 and has been with the company since 1994, will keep his current compensation, equity and severance terms, according to Monday’s filing with the Securities and Exchange Commission. Since 2019, Gelfond has received a base salary of $1.2 million and in 2021 earned a total compensation of $9.1 million, including stock awards. During the pandemic, when cinemas were shuttered for an extended period of time, he didn’t take a bonus. Though the movie theater industry is still rebounding from COVID-19, the company that’s known for its immersive, advanced technology emerged in a uniquely enviable position. That’s because Imax and other premium moviegoing experiences have been in high demand among blockbuster-hungry moviegoers. Also, the company has a cleaner balance sheet and isn’t as heavily leveraged as others in the exhibition space.
Oliver Hermanus and starring Bill Nighy and Aimee Lou Wood, comes from a screenplay that Kazuo Ishiguro wrote, adapting it into English from Akira Kurosawa’s Japanese film “Ikuru.” (“Ikuru” itself was inspired by Leo Tolstoy’s 1886 Russian novella “The Death of Ivan Ilyich.”) Nighy plays a British bureaucrat in post-World War II London whose cancer diagnosis inspires him to reevaluate his life of solitude and try to make a difference in his community before he dies. Hermanus, Nighy and Wood visited TheWrap and Shutterstock’s Interview and Portrait Studio at the Toronto International Film Festival for a discussion about the filmmaking process.Nighy plays the bureaucrat, Williams, and he and Hermanus weren’t too worried by the legacy of Kurosawa’s original film looming over their adaptation.
All eyes are usually on the eccentric characters but the latest episode of The Masked Dancer saw Jonathan Ross in the spotlight. The ITV chat show host was back on the expert panel for more guessing alongside presenter Davina McCall, ex-Strictly dancer Oti Mabuse and former footballer Peter Crouch.
Imax just cut a deal for six new big-screen installations in China this year — “a very positive development,” according to CEO Rich Gelfond. The company is a big player in the Chinese market, which is still strained by Covid lockdowns and in limbo for Western theatrical releases.
Liz Truss's visit to Scotland to accompany King Charles around the UK following the death of the Queen went by without incident, however there was one slip. The Prime Minister was spotted giving First Minister Nicola Sturgeon a 'cold' stare during a service of prayer and reflection at St Giles' Cathedral in Edinburgh.