Why Imax hasn't lured a buyer despite its box office boom
Moviegoers watch the film “Ne Zha 2” at an Imax GT Cinema on in Guiyang, China, Feb. 23, 2025. China News Service | China News Service | Getty Images In December, Imax CEO Rich Gelfond opened the door to a sale. Almost nine months later, the companys stock has hit an all-time high, its box office is breaking records and the stage is set to carry its momentum through the end of 2026. Yet, no major suitors have appeared. Imax held preliminary talks with potential buyers earlier this year, but as of May hadn‘t fielded any official pitches, CNBC reported at the time. Imax hasn’t hired new bankers and doesnt have a formalized pitch book, a source familiar with the company told CNBC. But its a busy time for dealmaking in the media space. Paramount Skydance is in the midst of a contested merger with Warner Bros. Discovery worth $110 billion, Fox agreed to acquire Roku in a deal worth $22 billion, and Comcast continues its corporate restructuring with the upcoming spinoff of NBCUniversal, which many in the industry say will give both resulting companies more flexibility to do deals. With a nearly $3 billion market cap, Imax is a relatively inexpensive asset in the entertainment









