Find Companies:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Digital Cinema Technology Dec. 19, 2014
Please Login
Login/Signup
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1930 GE

Skip Navigation LinksStart / Menu > Find Press Releases > Full Press Release
New York, NY—Jun 18, 2012

IMAX Continues Expansion in Russia with Three New Imax® Theatres

Company Signs Agreements with One Existing, Two New Exhibitor Partners
IMAX Corporation (NYSE:IMAX; TSX:IMX) announced it has signed agreements to open a total of three IMAX® theatre systems into new construction projects across Russia. The Company will install one system each with existing partner Kinomax as well as new partners Monitor and People's Cinema, bringing to 49 the total number of IMAX theatres open or contracted to open in Russia and the CIS.

Monitor, one of Russia's top exhibitors, will install an IMAX theatre in Anapa that is slated to open in July 2012.  The local independent operator People's Cinema will install an IMAX theatre in its multiplex in Ulan Ude, which is scheduled to open in September 2013.  Kinomax will expand its IMAX footprint and install an IMAX theatre in Samara, which is scheduled to open in September 2013, bringing the exhibitor's total IMAX commitment to five theatre systems.

Since IMAX entered the region in 2003 with its first theatre in Moscow, Russia has become the Company's third-largest market and one of its fastest-growing markets globally. At the end of 2009, IMAX had four theatres in operation and one theatre in backlog in Russia and the CIS. Today, there are 24 theatres open (20 in Russia and 4 in the CIS) with 25 theatres in backlog.  The region is also home to some of IMAX's highest-grossing theatres in the world, with a 2011 per-screen average of approximately $1.7 million.

"Today's agreements show the significant traction we continue to make in Russia and we're delighted to forge new partnerships with these leading exhibitors while also expanding on an existing relationship," said IMAX CEO Richard L. Gelfond.  "Audiences across Russia have developed a deep appreciation for IMAX and we're pleased to bring more audiences across the region the most immersive movie-going experience available."
About IMAX Corporation: IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.  IMAX is headquartered in New York, Toronto and Los Angeles, with offices in
London, Tokyo, Shanghai and Beijing.  As of Dec. 31, 2013, there were 837 IMAX theatres (701 commercial multiplexes, 19 commercial destinations and 117 institutions) in 57 countries.
IMAX Corporation Directory page
Similar Press Releases
More PR About: Large Format Digital More
Learn More About:
Countries: Russia More
More IMAX Press Releases: Nov 13, 2014 IMAX Forges New Partnership with Toho Cinemas Ltd. to Bring the First Imax® Theatre to Downtown Tokyo Sep 17, 2014 Stellar Cinemas Expands IMAX Footprint with Four-Theatre Agreement in China Aug 13, 2014 IMAX and Cinépolis Sign Three-Theatre Agreement in U.S. Which Expands Partnership to 25 Theatres in Eight Countries Jul 21, 2014 IMAX Adds 19 Theatres with Shanghai Film Corp. and Subsidiaries In Significant China Deal Jun 25, 2014 IMAX and Ster-Kinekor Expand Partnership with A Further Two-Theatre Deal Jun 17, 2014 Cavea Cinemas to Bring the IMAX Experience® to Tbilisi, Georgia Jun 16, 2014 IMAX Announces Exclusive Global Laser Technology Partnership with Necsel May 13, 2014 IMAX and Formula Kino Sign Three-Theatre Agreement; Includes First IMAX Laser Deal in Russia Apr 3, 2014 IMAX Expands Partnership By 11 Theatres with Cineworld Group PLC Mar 4, 2014 Mori Cinema to Add Five IMAX® Theatres to Circuit in Russia Dec 18, 2013 Wanda Confirms Commitment for 80 Additional IMAX® Theatres Dec 5, 2013 Sasaki Kogyo Co. Ltd to Bring IMAX's Next-Generation Laser Technology to Japan Nov 26, 2013 IMAX® and Cinestar Expand Partnership to Bring Another IMAX® Theatre to Germany Oct 23, 2013 IMAX Announces New 10-Theatre Agreement with Carmike Cinemas Inc. Oct 21, 2013 IMAX and Cinépolis Expand Partnership with Eight-Theatre Agreement in Latin America Sep 5, 2013 Empire Cinemas to Bring the IMAX Experience® to Famous Empire Leicester Square Cinema Sep 4, 2013 IMAX® Adds Three Theatres in the Middle East Under Expanded Partnership with Gulf Film Sep 3, 2013 Ster-Kinekor to Bring the First Commercial Multiplex IMAX® Theatre to South Africa Aug 28, 2013 UK's Largest Cinema Chain to Add New IMAX® Theatre to Circuit and Transition Glasgow Science Centre to Ground-Breaking Laser Projection System Jul 29, 2013 IMAX® and Ecuador's Largest Exhibitor Sign Two-Theatre Agreement More
©Copyright 2014 Main Site WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
banner