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Cannes—May 14, 2015

IMAX® and Vue International Build on Recent Box Office Success with Two-Theatre Agreement

Second-largest Pan-European Exhibitor Adds Two IMAX® Theatres to Circuit in England
IMAX Corporation (NYSE:IMAX) and Vue International (Vue), the multiple-award-winning operator of modern state-of-the-art multiplex cinemas, today announced an agreement for two IMAX® theatres in England. 

One theatre will be added to the Vue Cheshire Oaks multiplex in Cheshire with the second to go into the Vue Leeds Kirkstall complex in West Yorkshire.  The agreement builds on the recent box office success of the exhibitor’s newly opened IMAX theatre at the Fisketorvet Copenhagen Mall in Denmark, operated by Vue subsidiary CinemaxX.  The theatre opened on April 22 with Avengers: Age of Ultron and has become the highest-grossing site in Denmark and the third highest-grossing IMAX site for the film worldwide.
 
“Over the years, we’ve observed the impressive results that IMAX has generated in the UK and abroad. During the inaugural opening weekend of our first-ever IMAX theatre in Copenhagen, we were seriously impressed by the box office success and witnessed first-hand the power of IMAX to deliver an unparalleled cinema experience and bottom-line results,” said Tim Richards, CEO and Founder, Vue International.  “We’re delighted to build on this early IMAX success with today’s agreement. The IMAX brand and immersive format will serve as a key differentiator in our multiplexes and we are confident it will be embraced by more of our guests and help drive our continued growth.”
 
“Our UK network has more than doubled since 2012. This success is due in large part to our strategic partnerships and, as such, we’re delighted to expand our relationship with one of the fastest-growing exhibitors in Europe,” said Andrew Cripps, President, IMAX EMEA. “With a network that spans nine countries, Vue is committed to developing a truly international network leveraging state-of-the-art technology. We believe our new partnership will not only support our mutual growth in the UK, but also present opportunities for further collaborations across Europe.”
 
“Our differentiated format, coupled with our highly anticipated film slate over the next several years continues to drive strong demand for new IMAX theatres around the world,” said IMAX CEO, Richard L. Gelfond. “We’re delighted by Vue’s early IMAX success and its confidence in IMAX to strengthen its business - a sentiment held by leading exhibitors worldwide.” 

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 additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2017, there were 1,302 IMAX theatres (1,203 commercial multiplexes, 11 commercial destinations and 86 institutions) in 75 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 About Vue Entertainment Holdings: Vue Entertainment is part of Vue International - one of the world's leading cinema operators, managing the most respected brands in major European markets and Taiwan, spanning ten countries, 211 sites and 1,875 screens.   
  
Committed to continued growth and development of its premium entertainment ‘big screen’ experience, Vue delivers the best choice of content, combined with the best technology in the best environment.   
  
Vue has 85 state of the art cinemas throughout the UK and Ireland, with 813 screens where Vue project every film in Sony Digital Cinema 4K for ultra high definition pictures with four times more detail.  Vue cinemas offer a range of content, in addition to highly anticipated blockbusters, with event cinema titles including opera, ballet, musicals, national theatre, live streaming of sporting events and concerts through to hosting Gaming championships and dedicating multiple screens to eGaming arenas.   
  
Vue was founded in the UK following the acquisition of the Warner Village Cinemas in 2003 and is part of the largest cinema group in Europe, Vue International. 
 
Vue Entertainment Holdings Directory page

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