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Illustration depicting Imax executives handling operations during CEO Richard Gelfond's temporary medical leave for pneumonia.
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Imax CEO Richard Gelfond takes temporary medical leave for pneumonia

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Imax CEO Richard Gelfond has begun a temporary medical leave of absence to undergo treatment for pneumonia, the company announced on March 30. He will skip upcoming events including CinemaCon next month in Las Vegas. Senior executives are managing daily operations under board chairman Darren Throop.

Imax and Apple TV have announced a partnership to broadcast five selected Formula 1 Grand Prix races live in at least 50 US theaters starting next year. The collaboration marks Apple TV's inaugural season as the exclusive US broadcaster for the championship. This initiative builds on the success of the recent F1 movie starring Brad Pitt.

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