Imax China Takes Double Hit From Covid Closures, Dearth Of Hollywood Films
Key Takeaways:
Imax China barely remained profitable in the first half of 2022 as Omicron outbreaks and resulting control measures led to theater closures
The number of Hollywood films released in China has dropped as well, which makes it difficult for theater operators to draw big audiences
By Warren Yang
Benzinga ·
Benzinga
