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. 07, 2016
Please Login
Login/Signup
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1958 Gertag Ediaphor

Skip Navigation LinksStart / Menu > Find Press Releases > Full Press Release
New York—Jun 7, 2012

IMAX Expands Partnership in China with Five-Theatre Deal

This agreement follows the earlier eight-theatre cooperation and brings Omnijoi Cinemas' total IMAX commitment to 13 theatres, which includes a theatre currently open in the city of Suzhou and another that is slated to open in the city of Nanjing, Zhejiang Province in July. Today's deal brings the total number of IMAX theatres open or contracted to open in Greater China to 225, 92 of which are currently open.

Under terms of the new agreement, Omnijoi Cinemas will install five IMAX theatre systems in the cities of Qingdao, Nantong, Suzhou and other cities, all of which are slated to open in 2014 and 2015.

"Chinese audiences appreciate the quality and immersive nature of The IMAX Experience, and today we are delighted to add additional IMAX theatres to our circuit," said Mr. Wang Zhen, Managing Director of Omnijoi Cinema Development Co., Ltd. "Also, based on the success of Flying Swords of Dragon Gate at our IMAX theatre in Suzhou, we are pleased with IMAX's increasing efforts to present local Chinese films alongside the Hollywood blockbusters, which we are confident will continue to thrill our patrons."

"Since entering China over 10 years ago, IMAX has grown with the Chinese film and exhibition industry, becoming an inherent part of the Chinese movie-going experience," said IMAX CEO Richard L. Gelfond. "We're pleased that the appetite for The IMAX Experience in China remains strong as do the opportunities for growth, thanks to the support of leading exhibitors like Omnijoi Cinemas."

"Omnijoi Cinemas is a strategic partner that supports our network expansion by bringing IMAX into two high-growth areas in China," added Don Savant, IMAX President, Theatre Development and Film Distribution and Managing Director, Asia Pacific. "As one of the strongest exhibition brands in the country, we are pleased to continue working with them and bring more audiences the ultimate movie-going experience."

IMAX's digital projection system delivers The IMAX Experience® and helps drive profitability for studios, exhibitors and IMAX theatres by eliminating the need for film prints, increasing program flexibility and ultimately increasing the number of movies shown on IMAX screens. The system can run both IMAX and IMAX® 3D presentations.

About Omnijoi Cinema Development Co., Ltd.A unit of Omnijoi Media Corporation, Omnijoi Cinema Development Co., Ltd. was founded especially to develop and operate cinemas. Omnijoi Media Corporation owns several wholly-owned or share-holding subsidiaries, which have covered a wide range of businesses including the production, distribution and presentation of film and television dramas. In its business of theatre development and operation, Omnijoi Cinema Development Co., Ltd. has over 15 locations of five-star cineplexes until May 31, 2012. The company will invest billions RMB to build 150 cineplexes with 1200 screens and become a leading exhibitor in China.

About IMAX China IMAX China is a wholly-owned subsidiary of IMAX Corporation, and is incorporated under the laws of Hong Kong. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China.
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 September 30, 2015, there were 1,008 IMAX theatres (887 commercial multiplexes, 19 commercial destinations and 102 institutions) in 66 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."
IMAX Corporation Directory page
Similar Press Releases
More PR About: Exhibitor Deals More
Learn More About:
Countries: China More
More IMAX Press Releases: Dec 1, 2016 Shanghai Film Corporation Adds Three New IMAX® Theatres to Circuit in China Nov 10, 2016 IMAX Completes First Phase of $50 Million Virtual Reality Fund That Will Finance New High-Quality, Immersive VR Content Oct 13, 2016 IMAX Signs Largest Agreement in France with Five-Theatre Deal with Les Cinémas Gaumont Pathé Oct 11, 2016 IMAX and Odeon & UCI Cinemas to Launch First IMAX VR™ Centre in Europe Aug 2, 2016 Wanda to Add 150 IMAX® Theatres in Landmark Deal; Largest Agreement in IMAX History Jul 12, 2016 Ster-Kinekor Expands Imax Footprint with Three-Theatre Agreement in South Africa Jun 22, 2016 IMAX and AMC Theatres® Sign 25-Theatre Deal Jun 22, 2016 IMAX and Cineworld Group Plc Sign Five-Theatre Agreement Jun 13, 2016 IMAX and Sichuan Lumière Pavilions Company Ltd. Sign 10-Theatre Full Revenue Share Agreement in China May 19, 2016 Google and IMAX Partner to Develop Groundbreaking Virtual Reality Camera May 12, 2016 IMAX Signs 40-Theatre Full Revenue Share Agreement with Guangzhou Jinyi Media Corporation in China Apr 13, 2016 IMAX Signs 10-Theatre Deal in China with Shanghai Aurora Movie Co., Ltd. Apr 5, 2016 IMAX Signs Largest Deal in India: Five-Theatre Agreement with Inox Leisure Ltd. Feb 22, 2016 Pathé and IMAX® Sign Five-Theatre Agreement in France and Switzerland Feb 11, 2016 T-Joy Co. Ltd. Enters IMAX Business in Japan with Two-Theatre Agreement Feb 4, 2016 IMAX's Middle East Signings Momentum Continues with Two-Theatre Agreement in UAE Dec 10, 2015 IMAX Launches Private Theatre Business with More Than 80 Initial Signings Nov 30, 2015 IMAX Signs 10-Theatre Agreement with Toho Cinemas Ltd.; Marks its Largest Deal in Japan Nov 24, 2015 Hengdian Entertainment Co. Ltd. Enters IMAX Business with 5-Theatre Agreement in China Oct 8, 2015 IMAX and Omnijoi Cinemas Expand Revenue Share Partnership in China with 15-Theatre Agreement More
©Copyright 2003 - 2016 WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
banner