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-- -- -- reporting a blockbuster first quarter of this morning reporting that revenue.
More than doubled shares of -- maxed out more than 215%.
Over the past here.
And expansion plans in -- works joining us now -- next CEO.
It's still under -- plans to have you here sir it's great to be here -- a quarter I mean you can't you can't just say anything more about it it was a record quarter for you.
Your earnings per share coming in 53 cents revenues 72 million dollars.
Strong quarter what was behind -- what was behind it was really two things the growth of our network over the last few years our commercial network has grown.
Very quickly and over a three year period of time.
It'll be about two and a half three times bigger than when it started.
So the -- were opening up on 250 close to 300 screens.
And the second thing was movies I mean avatar was a huge success as you know well -- In IMAX it to 230 million dollars just an IMAX on.
Screens in China it did 24 million dollars and thirteen screens worldwide phenomenon.
And then Alice in Wonderland also produced.
Extremely well we're approaching sixty million dollars how to train your dragon you put together growing network with the right films and that's the kind of result.
Is that why you decided this has to sign this deal with Warner Bros.
yesterday you announcing yesterday anyway is this is -- -- you're making this move because you think that you got.
There's more profitability in not just any film.
But at 3-D IMAX experience like an avatar like -- -- one.
Well I I think our.
Here is it's more about the movie than it is about to be your 3-D obviously there's -- three momentum going on now and that's helping us a lot.
But next week we really saw Iron Man which is -- -- And I was just talking a regal this morning and they were tell me how great advanced sales learn how good box office -- and I think it opened yesterday in France -- it was bigger.
An avatar now summit's opening day in France actually for us.
So I think the deal with Warner was really -- on getting the right movies and Warner's one of the studios that makes a lot of terrific event movies sent.
You know many of them some of them -- this year Harry Potter is coming up this year.
The next Harry Potter next year guardians of cool this year so I think it was an opportunity get a lock in a film slate with a great partner does a great job market.
What do you think that this is -- -- be the trend for -- now because the radius caught on not just in movie theaters but obviously for the consumer home with three televisions I mean are you thinking that you might -- some -- long term deals.
With other studios look like a Disney or or even.
Fox for example I mean just throwing out some ideas there -- no we've had a number of multi picture deal sort deals but it's -- in the battle longer.
-- -- we've had a five theatre deal with Disney a five Peter deal with DreamWorks in the past we've done.
A number of pictures of fox and Sony now we are in discussions about multi picture deals with.
Some of the studios and I think we will we are we will see that I don't think they'll be.
When he fills but I think they'll be some of the best blockbuster films coming out.
You know I mean after this quarter after the well we're looking at the chart right now the one year chart I mean.
-- just -- studio here attending why not just make movies and put them -- -- and distant and cornered the market.
You know before the credit crunch we probably could have -- enough money to do that unfortunately as well -- we've -- I think where.
Well a little bit small to do that but you know give us a few years to build some of our ancillary businesses some.
-- you mentioned 3-D in the home -- entering into -- joint -- -- have them and value right now.
With discovery and Sony to do with three cable channel -- it's starting to put a portable IMAX theater later this year around the world so maybe a few years we'll get to that point.
Financial quick question what -- the American consumer everybody gets three TVs and -- wanna slap to the movie -- -- -- what do you do.
Well I think -- a two.
Special on I think as good as the media in the home it is an I don't know if you've seen it that you should really seeded.
It's really quite good I still think going to an IMAX -- people have an emotional connection time -- transporting its.
It's mind blowing it's awe inspiring at risk if it creates kind of reaction you can't get -- home rich gulf.
On the CEO by Mexican wait to see if you're right about your Iron -- -- your predictions.
Got it on tape so we're gonna follow up but beyond that on a that they got they got might just think you very much privileged -- -- the only you know.
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