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New York—Sep 12, 2017

Malco Theatres Enters IMAX Business with Two-Theatre Agreement in the U.S.

IMAX Continues North American Expansion into Two New U.S. Markets
IMAX Corporation (NYSE:IMAX) and Malco Theatres Inc., a leading regional exhibitor in the Southern U.S., today announced a sales agreement for two IMAX® theatres. The first IMAX theatre will be added to the Malco Paradiso Cinema Grill in Memphis, Tenn., and the second to the Malco Razorback Cinema Grill in Fayetteville, Ark. with both IMAX auditoriums slated to open in December. The agreement marks the first-ever IMAX theatres for Malco Theatres, as well as the first commercial IMAX theatre in Memphis and the first-ever IMAX in Fayetteville.
 
“We are excited to welcome Malco Theatres to the IMAX business, and together look forward to introducing the world’s most immersive cinema going experience to new audiences across Tennessee, Arkansas and the Mid-South,” said Mark Welton, President, IMAX Theatres. “In 2016, our domestic signings reached a three year high and we’re delighted to continue this momentum as exhibitors look for a premium and differentiated offering to get audiences off their couches and into the multiplex.”
 
“We looked at all of our options regarding a large format solution and came to the conclusion that no one has a better combination of quality, full immersion cinema, and brand awareness than IMAX. We are excited to add The IMAX Experience to these two already great theatres,” said Stephen Lightman, Malco Theatres, President and CEO.
 
About Malco Theatres
Memphis, TN-based Malco Theatres is a fourth-generation family-owned and operated business that reached its 100th anniversary in 2015. Malco Theatres operates over 350 screens at 34 locations across the Mid-South, as well as bowling and family entertainment centers in Louisiana and Mississippi.  

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

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More IMAX News:
Jul 12, 2018 IMAX® with Laser Expands Across Europe as Les Cinémas Pathé Gaumont Commits to 20 Systems
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Apr 24, 2018 IMAX Launches Next-Generation IMAX ® with Laser Experience to Enhance Blockbuster Moviegoing at AMC Theatres®
Apr 24, 2018 IMAX and Cineworld Group Sign Agreement to Install New IMAX ® with Laser Experience in 55 Cineworld and Regal IMAX Locations
Apr 19, 2018 IMAX and Cinépolis Sign New Four-Theatre Agreement as Demand for IMAX in India Builds
Apr 19, 2018 Record IMAX Signings in India Continue as Inox Leisure Ltd. Adds Five New IMAX ® Theatres to Circuit
Apr 3, 2018 IMAX Signs 30-Theatre Agreement with Guangzhou Jinyi Media Corporation in China
Feb 26, 2018 IMAX Builds on Signing Momentum in India; Announces New Five-Theatre Agreement with PVR Cinemas
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Jan 9, 2018 CJ CGV Signs Four-Theatre Agreement with IMAX in Turkey
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Aug 24, 2017 IMAX and Cineplex Expand Partnership, Adding Two Auditoriums and IMAX VR Centre in Canada
Jul 18, 2017 IMAX Signs Seven-Theatre Agreement with Shanghai Bestar Cinemas in China
May 24, 2017 IMAX Continues Rapid Expansion with Les Cinémas Gaumont Pathé in Europe; Signs an Additional Six-Theatre Agreement for the Group’s Top-Performing Locations in France and Holland
Apr 26, 2017 PVR Cinemas Doubles its IMAX Footprint with Five-Theatre Agreement in India
Apr 18, 2017 IMAX and Omnijoi Cinemas Expand Partnership in China with 40-Theatre Agreement
Apr 11, 2017 IMAX Signs Agreement with AMC Entertainment for 25 New IMAX® Theatres at Odeon Cinemas Group and Nordic Cinema Group Locations; Marking Largest European Agreement in IMAX History
Feb 27, 2017 Bona Film Group Makes Significant IMAX Commitment with 30-Theatre Agreement in China
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