Now that it is a new year, it is time to introduce new rumors. The first of which is that Sony is planning to buy IMAX!
I’m sure that all of you have seen an IMAX film. Only the most lucky of us would probably have an IMAX as our home theater. I mean, those movies are huge.
Yeah, this is still a rumor, and the rumor would be that Sony would buy it for about $40 a share even though IMAX sells at $26 a share.
If Sony did buy IMAX, that would mean that they would start putting more of Columbia movies in them, wouldn’t it? Well, not necessarily.