Founded in 1967, IMAX Corp. is a leading global entertainment technology company and is headquartered in Mississauga, Canada. IMAX emphasizes on film and digital imaging technologies including giant-screen images, 3D presentations, post-production and digital projection. The company also designs and manufactures projection and sound systems for giant-screen theaters and is a producer and distributor of films for large-screen theaters. Additionally, IMAX designs and manufactures high performance digital image delivery systems in the form of digital projectors capable of projecting quality images on large screens from any video, computer or HDTV source.
IMAX operates through three reportable segments such as:
IMAX Theater Systems: This segment designs, manufactures, sells or leases IMAX theater projection system equipment, maintains IMAX theater projection system equipment in the IMAX theater network and also provides IMAX theater projection system equipment to an exhibitor in exchange for a share of the box-office and concession revenues. This segment accounted for over 55.6% of the total revenue in the first quarter of 2014.
Films: This segment produces films and provides film re-mastering services, distributes films for which the company has distribution rights and also offers film post-production and film print services. This segment accounted for over 41.2% of the total revenue in the first quarter of 2014.
Other: This segment includes certain IMAX theaters that the Company owns and operates camera rentals and other miscellaneous items. This segment generated the remaining 3.2% of the total revenue in the first quarter of 2014.
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