Imax Caught in RealD Downdraft After Questionable The new sony Decision

Appears like Sony's announcement it might stop having to pay for three dimensional glasses, which sunk RealD stock Wednesday, has applied off on Imax, despite the fact that its business design is really that Sony's decision will not modify the giant-screen movie company.our editor recommendsRealD Shares Drop 15% After The new sony Decides to prevent Having to pay for three dimensional Glasses EXCLUSIVE: The new sony to prevent Having to pay for three dimensional Glasses in May 2012 While shares of RealD, which really might be injured by Sony's new policy that starts in May, fell 15 % Wednesday, Imax shares dropped 6 percent. On Thursday, RealD slid another five percent while Imax ended up another 6 percent. Imax shares closed Thursday at $15.19, whereas these were at $16.60 on Tuesday. STORY: Angry Theater Proprietors Warn The new sony Over Decision to prevent Having to pay for three dimensional Glasses That two-day hammering was enough to prompt Imax to problem an argument making clear the problem using its three dimensional glasses, which aren't taken care of by galleries. "Imax's exhibition partners aren't determined by the galleries to subsidize Imax three dimensional glasses," the organization stated Thursday. "Each Imax system includes Imax three dimensional glasses along with a glasses cleaning machine. When the exhibitor needs additional glasses, they're either bought from Imax or a 3rd party vendor that has met our specifications and quality standards." That policy differs from RealD's. Experts estimate that every set of RealD three dimensional glasses cost the studio accountable for the film the patron is seeing about 50 cents. Related Subjects RealD