IMAX CEO Praises Warner Bros. For Pushing Tenet By Two Weeks, Here’s Why

Advertisement

On Tuesday, IMAX CEO, Richard Gelfond spoke at virtual investors’ conference and put out his views on theatres’ re-opening. He also praised the decision of Warner Bros. for rescheduling the release date of Tenet.

While talking at Credit Suisse Annual Virtual Communications Conference, IMAX CEO said, “I’m concerned that people are focused on the opening weekend. Investors have to get that out of their minds. It’s not going to challenge Avengers: Endgame as the biggest opening of all time. That’s just not happening.”

He also added that the big banners are reconsidering their release dates as theatres are showing signs of reopening in July. “You never know until the release date is the bottom line We’re dealing with government regulations and a virus,” Gelfond added.

Advertisement