IMAX shares collapse following RealD
Sony Pictures' refusal to pay compensation to movie distributors for the use of 3D glasses negatively affected even market participants who were not involved in this business scheme. According to The Hollywood Reporter, IMAX shares fell in price following the shares of RealD, the main provider of technologies and viewing tools for stereoscopic content. On the day of the announcement according to Sony Pictures' decision, IMAX shares fell by six percent, and a day later - by the same amount. RealD shares also continued their decline, losing another five percent of its value. Notably, IMAX does not receive any compensation from the moviemakers. Its technological process involves the repeated use of glasses, The Topic of Article: IMAX shares collapse following RealD. |
