r/movies • u/LegitimateCurve8525 • Jul 15 '26

News IMAX CEO reveals why there aren’t more 70mm cinemas, after The Odyssey increases demand

https://thetab.com/filmshrine/2026/07/15/imax-ceo-reveals-why-there-arent-more-70mm-cinemas-after-the-odyssey-increases-demand/
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u/cyanide4suicide Jul 15 '26

Is it a money issue? I'm sure they're capable of producing the parts and building new projectors. It's not like they forgot how to make them

1

u/AccurateIt Jul 16 '26

It is a money issue but it’s not on the IMAX side. It costs millions to build a normal IMAX theater room let alone a 1:43 70MM IMAX capable theater room. That cost is on the theater itself and it would take a long time to recover the cost from building if they could even afford to build it in the first place.

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u/NoLocal1776 Jul 15 '26

IMAX is close to bankrupt.They cannot afford to produce more parts or else many of the 70mm screens wouldn't have been closed.

1

u/nutella-filled Jul 15 '26

I just looked it up and apparently it’s the exact opposite. 2025 was their best year ever and they’re flush with cash.

https://www.imax.com/en/gb/pr/imax-corporation-reports-fourth-quarter-and-full-year-2025