IMAX signs deals with Japan, China | Hollywood in HiDef
A week ahead of its second quarter earnings announcement next Thursday, July 29, IMAX has had another busy week signing partnerships to build new IMAX theaters in Japan and China.
In a joint venture with United Cinemas, IMAX Corp will install up to five digital IMAX theatre systems in Japan, three of which are confirmed. The first two are scheduled to be installed in time for the launch of “Harry Potter and the Deathly Hallows” this November and the third is scheduled to be installed in either late 2010 or some time in 2011. The agreement allows the companies the option to install two more in Japan at a later date.
“Moviegoers in Japan have a growing number of options when deciding how to see a movie, and it is very clear that an increasing number are choosing IMAX as the best way to experience the biggest first-run movies,” said Mr. Masanori Miyata, CEO, UC Cinemas.
via IMAX signs deals with Japan, China | Hollywood in HiDef.
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