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Sonys animation film to be simultaneously released in Imax 3D
MUMBAI: Imax Corporation and Sony Pictures Entertainment have announced that Sony Pictures Animation’s first computer generated project Open Season, will be released in Imax 3D simultaneously with the films premiere in conventional theatres on 29 September 2006.
The film will be digitally converted into Imax 3D and re-mastered into the image and sound quality of the Imax experience through Imax digital re-mastering technology. Sony will be the exclusive distributor of the film to Imax theatres worldwide.
Open Season stars the vocal talents of Martin Lawrence, Ashton Kutcher, Debra Messing and Gary Sinise. Imax’s 2006 film slate now includes six new digitally re-mastered
Hollywood films scheduled to be released day-and-date to Imax theatres, and one original Imax 3D film, Deep Sea 3D, which opened last weekend. Open Season brings the total number of new Imax 3D releases for the year to four.
The deal marks the second Imax release for Sony following Spider-Man 2: The Imax Experience a couple of years ago.
In Open Season Boog voiced by Lawrence, a grizzly bear with no survival skills, has his perfect world in the tranquil town of Timberline turned upside-down when he meets Elliot voiced by Kutcher, a scrawny, fast-talking wild mule deer.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
