In bringing esports to the big screen, IMAX President Megan Colligan said the company is trying to find new ways to make the most of movie theaters at times when ticket sales generally lag. The idea is to bring people together in "hyperlocal" ways, she told Cheddar at CES in Las Vegas Friday.
IMAX and Vindex Studios announced a partnership to bring live streaming esports events and experiences to theaters around the world. The esports infrastructure startup will create those experiences, which IMAX will exclusively stream and host for global viewers.
"As much as movies drive an incredible business for us, there are times when our theaters aren't as utilized as they should be," she said. Before esports, IMAX, which experienced its biggest year at the box office in 2019, had been experimenting with music content, creating a 'Jesus is King' exclusive film to coincide with the release of Kanye West's October 2019 album. The film features West performing at the remote "Roden Crater," a James Turell exhibit in a dormant volcano that would not be easily accessible to many people.
Despite the buzz, Colligan called the moment "fleeting" due to the film's intentionally short run..
"We didn't have 20 shows a day of it," everyday Colligan said. "It was a needle drop that came out with his album."
The experience was just an example of what she calls the "super-intimate, super-realized experience," that IMAX offers, which makes a viewer feel like they're in the same room as their favorite artist or watching a game in a new way.
She said IMAX is trying to bridge the experience of attending an event live and giving instant access to events online.
"People want to be part of an event and they want to be in the room when something happens. It doesn't need to exist all the time, everywhere," Colligan said. "It ruins the specialness of things when accessibility of something is available to you on your phone and it's not an event you were a part of."
Orangetheory Fitness is redefining the future of workouts with smarter tech, strength-based programming, and community-driven studios built for what’s next.
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
