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This topic comprises 2 pages: 1 2
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Author
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Topic: How does IMAX make money with so few prints?
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Mark Lensenmayer
Phenomenal Film Handler
Posts: 1605
From: Upper Arlington, OH
Registered: Sep 1999
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posted 04-24-2004 09:49 PM
I saw SACRED PLANET yesterday (I posted a review.) It is running here with NASCAR 3D. (SACRED PLANET is the better of the two, although you would not know this from SACRED's terrible trailer.)
I think this film is one that is going to play a long time. It is especially suited to science museums (I saw it in a commercial theatre). It has a timeless quality to it, so it could play equally well now or 3-4 years from now. In the long run, I think it will do very well. I don't think it was a very expensive film to make, probably using a very small crew and only native people.
I've seen a lot of IMAX films, and I don't recall time lapse being used that many times, other than CHRONOS. IMAX works best in long, slow takes that give the viewer a chance to take in the entire image. Slow movement is especially important in the 3-D films, as it takes the eyes awhile to adjust to each scene. The absolute WORST are dissolves in 3-D films...the eyes just go crazy.
From my experience, IMAX attendance is improving. I had more than a few "private screenings" of IMAX movies...many more people were in the audience at NASCAR and SACRED PLANET.
SACRED PLANET is a very well crafted film, and I recommend it.
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Brian Michael Weidemann
Expert cat molester
Posts: 944
From: Costa Mesa, CA United States
Registered: Feb 2004
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posted 04-25-2004 12:00 AM
We've got three shows a day ... and opening weekend is as slow as any other. Our GM hates IMAX because, of course, he sees only bottom line numbers. "There are 50 people ALL DAY and the lamps cost THAT MUCH, times two, every four months!?!"
The movies themselves make money, I imagine, in long term. The prints last forever (okay, maybe not THAT long) and engagements are months at a time upon opening, and then prints circulate and are shown SOMEWHERE for years and years.
I love the format and the technology and the quality of presentation, so I by no means think it's boring. But then I think of the MOVIES ... L5: First City In Space, Alien Adventure, The IMAX Nutcracker ... and I want to shoot myself. Oh, the humanity.
My take is that IMAX revels in its own novelty. "Ooh, we have an IMAX! We're special!" And the theatre takes the monetary loss, in exchange for the attraction power. I like to think of it like a buffet in a Vegas hotel/casino ... most of the time it runs at a loss, and the substance isn't that good; but the casino, financially, makes up for it in abundance ... plus more people come to stay BECAUSE of it.
Now, Joe, if you're referring to how does IMAX, The Company, make money, I would say it's purely from the licensing fees and leasing agreements and "certification" programs, etc. If you were referring to grosses on individual IMAX films to the respective film studios, I'd say it's the exorbitant ticket prices compiled over years of runs, plus all those lovely group sales, school field trips, and package deals ... oh, and the COMPLETE LACK of marketing costs!
If you were talking about the theatre itself ... well, we don't make and it makes my manager think openly that I make too much money (when I'm actually one of the lowest paid [possible exaggeration] of the IMAX C.P.'s under Regal)
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John Walsh
Film God
Posts: 2490
From: Connecticut, USA, Earth, Milky Way
Registered: Oct 1999
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posted 04-25-2004 07:34 AM
Joe, you forgot the 'twisting-helicopter-going-through-a-caynon-like-shot' in just about every IMAX movie.
One reason they make money is IMAX doesn't release their stuff to DVD 4 months after the initial release like 35mm. Regular 35mm product would make more money for theaters if the studios waited a year or so, but instead they use the theaters as little more than their advertising for the DVD sale.
I'm beginning to get the impression that a lot of large format films are actually low-buget. I'm not talking about just IMAX, but other LF stuff (8/70.) Rarely do you see effects shots, etc. I understand there are limitation with a LF camera, but generally they all look like 'drop the camera down and shoot.' I'm not saying NO effort goes into it; It must have been a huge pain in the ass to deal with a LF camera on top of Mt. Everest, but in LF, the nature and the people do the all the work.
I feel that all LF stuff should have DTS code to eliminate the hassle of timecode editing and slugging. The cost of a LF DTS player is minor considering the labor saved, but new stuff still comes with a DAT tape and sometimes even on 35mm mag. The actual post-production seems to be done by little post houses. If you call with a question, it's like, "Fred's not here today, he's at his other job fixing aircraft engines, call back tomorrow."
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Brian Michael Weidemann
Expert cat molester
Posts: 944
From: Costa Mesa, CA United States
Registered: Feb 2004
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posted 04-26-2004 04:15 AM
With Warner Bros. starting a DMR bandwagon, I imagine there will be a fresh surge of IMAX money-making. Apparently the day-and-date Matrix Revolutions numbers were impressive, given its 56 (or so) screen engagement. And with Attack Of The Clones already having the DMR treatment, I see absolutely NO conceivable reason why Episode III won't do it, too. I think it's going to be an exciting time for IMAX ... perhaps, only if it IS just novelty.
quote: Mark Lensenmayer I'd love to see any of the -qatsi movies in large format. (Koyaanisqatsi (1983), Powaqqatsi (1988), Naqoyqatsi (2002))
I was just thinking this today. It must have been all the time-lapsed streets/people/traffic shots in Sacred Planet.
quote: John Walsh It must have been a huge pain in the ass to deal with a LF camera on top of Mt. Everest
What are you talking about? Those mountains were all CG ... and all that "snow" was just TOO perfect to be real!!! But seriously ...
We had a private rental several months back of Everest for Greg MacGillivray himself and a few "buddies". I overheard him talking afterwards, telling stories of producing that film. Apparently they used EVERY FRAME from the minute-and-a-half roll of film the took to the summit in the final movie.
quote: Gordon McLeod Any good old analogue mag rules
Yep, that old 35mm mag was pretty fun when we had it as a backup ... threading it every show, only to need it once every three months or so! Now we don't have a backup sound, so when that DTAC decides to "forget" the Projector Time (like it had been recently, but apparently fixed now) we lose a show outright.
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