For over forty years, the company has invested money and technology into film development, production and distribution. Imax uses specialized cameras with large film frames which increase image resolution greatly. Due to the logistics and expense involved in using the cameras, IMAX films tend to be shorter than the average blockbuster. Knowing that they had less time to impress audiences, Imax initially focused its efforts on producing visually impressive nature films and documentaries.
Imax burst onto the Hollywood scene in 2002 when it introduced its new digital remastering procedure (DRM). DRM can take an ordinary film and convert it into the IMAX format by digitally converting each frame in high definition, removing flaws from the film stock and exporting the frames to the large 15/70 film format. This process means that movies can gain high clarity without the need for Imax cameras.
While DRM provides for crisper films, IMAX cameras still indisputably provide the best picture quality money can buy. The term “buy”, however, may not be appropriate. IMAX tightly controls use of its technology, only lending out its cameras after an IMAX theatre distribution deal is signed with Hollywood filmmakers. 2008’s “The Dark Knight” became the first blockbuster to be shot partially in the IMAX format, to great financial success. IMAX showings have been highly popular, with movies like Star Trek and The Hunger Games consistently reporting 75%+ average audience occupancy.
Imax has also gone to great lengths to expand into the digital market by retro-fitting standard auditoriums to accommodate lighter IMAX digital projectors. These theatres have been dubbed “IMAX Lite” by critics for lacking the immersive quality the IMAX brand has become known for. Despite the controversy, Imax continues to brand each of its 700+ theatres as delivering the “IMAX Experience”.
As for the future, IMAX is in a joint venture with Shenzhen-based TCL Multimedia Technology Holdings Ltd targeting the home theatre market in China, Russia, and the Middle East. If the prospect of viewing an IMAX-enhanced blockbuster in your own home strikes your fancy, you should start saving now, as in-home theatres may cost as much as US $250,000.
Summary by: Elena Iosef
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