D3D and Christie Launch Laser Dome Projection System

August 31, 2015 – 2:05 pm | Permalink

D3D Cinema and Christie Announce Rollout of Premium Laser-Illuminated Projection System for Giant Dome Theaters

Evanston, IL (August 31, 2015) — D3D Cinema and Christie® are pleased to announce the completion of R&D testing on a laser-illuminated digital giant dome projection system. Client demonstrations will commence this fall, with the first installations on target for 2016.

“After a year of development, the final dome test phase was conducted last week alongside engineers from Christie, D3D, and selected third-party technology partners,” said Derek Threinen, VP of Sales and Business Development at D3D Cinema. “This dome solution, at long last, will bring the economic and qualitative advantages of digital and laser to our dome partners – a contingent that was largely excluded from the digital revolution without laser projection capability. We listened all along to the priorities of dome representatives and worked closely with Christie to deliver an outstanding, ultrabright single projector solution that takes advantage of existing theater and doghouse configurations, warrants no theater capacity loss, limits construction requirements, and assures regulatory approvals. Theaters have asked for a system that was simple and open: no multi-projector calibration issues, no real-time warping complications, no closed-system distribution source limitations.”

“With an in-house team comprising multiple former museum dome operators, D3D was able to create a system design that met a number of qualitative and operational criteria,” said Bryan Boehme, Director of Location Based Entertainment, Americas, Christie. “First and foremost, we needed to achieve a picture quality that D3D’s dome clients and their customers deserved, taking advantage of the full dome real estate. Second, it was imperative that the system be future proof, allowing for modular, scalable upgrades as new cinema technologies and production trends come to market. These include high frame rate playback up to 120fps, Rec2020 support, and high dynamic range (HDR) – a powerful technology on the horizon that allows lasers to deliver on their promise. Christie offers a solution that checks off all the boxes and we are thrilled to introduce our laser dome solution to the market.”

The Museum of Science and Industry in Tampa, Florida graciously provided D3D and Christie access to the theater to conduct the most recent technical tests. “I was able to peek in for a quick look,” said Molly Demeulenaere, President and CEO of MOSI. “Honestly, it was stunning! Bright, sharp, beautiful!”

“As a former museum dome theater operator, I know firsthand how incredibly unique giant domes can be in their communities, providing a level of immersion unequalled in the home or multiplex,” said Andy Wood, Senior VP at D3D Cinema. “In the interest of retaining an extraordinary experience but with an eye on the bottom line, our dome theater clients are wisely reevaluating their options–exploring the new economic possibilities and working out the long-term math. I’m proud that D3D can now offer these dome theaters a new morning, saving them hundreds of thousands of dollars per year in operating costs, eliminating, among other things, the high maintenance fees and brand licensing costs of the past. And with D3D’s ability to provide upfront lease financing, we can offer a CFO-friendly business model. In short, we are doing our very best to make our dome theater partners prosperous again, allowing them to redeploy some of these valuable operational savings into marketing a theater experience that is truly extraordinary.”

ABOUT D3D CINEMA
D3D Cinema offers complete digital 3D cinema solutions and services to museum and attraction industry clients worldwide, providing a unique partnership approach to cinema design and 3D content production built around four core capabilities – theater design and installation; touring exhibition theaters; an award-winning library of 3D content; and custom signature film production. Comprised of institutional theater specialists, D3D excels in bringing first-to-market immersive cinema technologies to its clients, offering technology-agnostic consultation, strategic planning, installation, content production & distribution, operational support, and ongoing service. D3D is headquartered in Evanston, IL. Visit www.d3dcinema.com.

ABOUT CHRISTIE®
Christie Digital Systems USA, Inc. is a global visual technologies company and is a wholly-owned subsidiary of Ushio, Inc., Japan, (JP:6925). Consistently setting the standards by being the first to market some of the world’s most advanced projectors and complete system displays, Christie is recognized as one of the most innovative visual technology companies in the world. From retail displays to Hollywood, mission critical command centers to classrooms and training simulators, Christie display solutions and projectors capture the attention of audiences around the world with dynamic and stunning images. Visit www.christiedigital.com.

Images from Wild Cats

August 31, 2015 – 1:57 pm | Permalink

nWave Pictures Distribution has released production stills from their upcoming film, Wild Cats.

Wild Cats 3D takes us closer than we ever dreamed possible to the magnificent lions, cheetahs and leopards of southern Africa. On a trek through the desert dunes of Namibia, and the spectacular landscapes of the Okavango Delta and Victoria Falls, Kevin Richardson shares his love of big cats and their extraordinary world.

The film opens in IMAX, Giant Screen, and other specialty venues September 2015.



BMZ Film Page >>

National Geographic Studios’ Antonietta Monteleone named Vice President of Film Distribution

August 31, 2015 – 1:38 pm | Permalink

National Geographic Studios is happy to announce that Antonietta Monteleone has been named Vice President of Film Distribution.
 
National Geographic’s giant screen films are currently on 300 screens worldwide, with 70 additional theaters opening this fall. Its newest production Asteroid: Mission Extreme will premiere in October, 2015 and Extreme Weather in the Fall of 2016. 
 
“I’m looking forward to aligning our film content much more closely with the larger National Geographic Society content and initiatives, and increasing the number of our quality films in the marketplace,” said Monteleone.
 
Monteleone will be attending the GSCA conference in September along with National Geographic Studios President Brooke Runnette and the rest of the National Geographic distribution team. Mark Katz will be leaving National Geographic and we thank him for his service. 

Evans & Sutherland to Support GSCA 2015 Conference as Partner-Level Sponsor and Demo 8K Digital Fulldome Digistar 5 System

August 26, 2015 – 2:14 pm | Permalink

August 26, 2015—The Giant Screen Cinema Association (GSCA) is pleased to announce that Evans & Sutherland has signed on as a partner-level sponsor, the highest level of support, for the upcoming GSCA International Conference and Trade Show in San Francisco on September 9-11 and Dome Day at The Tech Museum in San Jose on September 12.

As part of its sponsorship, Evans & Sutherland will demonstrate an 8K digital fulldome system using its Digistar 5 system with Christie 4K projectors during Dome Day at The Tech Museum of Innovation on Saturday, September 12. This will be an excellent opportunity to see a variety of high-resolution material on a state-of-the-art digital dome system that equals or exceed the brightness and resolution of 15/70 film. Evans & Sutherland will install their proprietary auto alignment and blending systems to create a seamless ultra-high resolution image across the dome. Included in the demonstration will be giant screen film content digitally mastered for the dome in both 8K and 4K resolution, along with original digital fulldome content also in 8K and 4K resolution. Additionally, Evans & Sutherland will install a 4K DCI projector to demonstrate a sampling of Hollywood trailers and other scenes on an “insert” window in the front of the dome.

“Evans & Sutherland is a longstanding and valuable supporter of GSCA, and they’re going to considerable lengths to install the temporary digital fulldome system at The Tech for Dome Day,” says GSCA Executive Director Tammy Seldon. “We’re excited to provide our delegates the opportunity to experience Evans & Sutherland’s state-of-the-art system and thrilled to partner with them for this event.”

“Our Digistar 5 system in 8K has garnered incredible success worldwide in premium theaters looking for the breathtaking clarity and brightness that 8K provides. To date, we have replaced 15/70 film systems in three 20+ meter diameter theaters—including the Science Museum of Virginia, where we demonstrated our 8K system in a permanent installation for a special GSCA Digital Dome Demo last October—and have installed a total of eight 8K Digistar 5 systems as the latest additions to our more than 300 theaters around the world. We are honored to have this valuable opportunity to sponsor GSCA and present the state-of-the-art in ultra-high resolution digital dome projection at the conference,” says E&S Vice President and General Manager, Kirk Johnson.

The GSCA International Conference and Trade Show is the largest gathering of educational giant screen and immersive cinema professionals. The 2015 event is being held on September 9-11 at the AMC Metreon IMAX Theater in San Francisco, California, and will feature new films, films in production, projects in development, professional development sessions, a technical session, trade show, and the GSCA Achievement Awards, which honor excellence in giant screen filmmaking, marketing, and education. In addition to the digital screenings, the conference will also include film presentations on the IMAX 15-perf/70mm system. On September 12, delegates travel to the Tech Museum of Innovation in San Jose, California, for screenings and sessions in the Hackworth IMAX Dome Theater. Conference registration and other event details are available at http://www.giantscreencinema.com.

About GSCA
The core purpose of the Giant Screen Cinema Association (GSCA®) is to advance the business of producing and presenting educational giant screen and immersive cinema experiences globally. GSCA’s membership includes more than 250 organizations in nearly 30 countries. Member organizations include giant screen filmmakers, distributors, theaters, suppliers, manufacturers, and students from around the world. Visit www.giantscreencinema.com for further information. Connect with GSCA on Facebook (https://www.facebook.com/giantscreencinema) and Twitter (https://twitter.com/gsca). Questions about the GSCA or the conference should be directed to Tammy Seldon at tammy@giantscreencinema.com.

About Evans & Sutherland
Evans & Sutherland is the world’s first computer graphics company and developer of the most advanced computer graphics technologies for almost four decades. Focusing primarily on digital planetariums and digital cinemas worldwide, E&S offers Digistar, the world’s leading digital planetarium system, fulldome programs and production services, giant screen films formatted for fulldome theaters, premium-quality projection domes, high-end surround sound, lighting, and theater automation systems, and theater design services. http://www.es.com

IMAX Corporation to Support GSCA 2015 International Conference and Trade Show As Partner-Level Sponsor

August 25, 2015 – 1:19 pm | Permalink

August 25, 2015—The Giant Screen Cinema Association (GSCA) is pleased to announce that IMAX Corporation has signed on as a partner-level sponsor, the highest level of support, for the upcoming GSCA International Conference and Trade Show in San Francisco on September 9-11.

IMAX’s contributions include hosting the opening reception and GSCA Achievement Awards at the Parc 55 Hilton on September 9, during which awards will be presented for giant screen filmmaking, marketing, education, and projection excellence. IMAX’s support also includes providing the assistance of its Technical Services and IMAX Post/DKP teams for screenings at the AMC Metreon IMAX theater throughout the conference, which allows producers’ work to be screened with the benefits of the proprietary digital IMAX image enhancement engine. DKP will post-produce the digital presentations to the new IMAX laser projector specifications. IMAX will also participate in the conference technical session by demonstrating the new IMAX GT Laser Digital system for conference delegates.

“We are thrilled to partner with IMAX Corporation again as a sponsor at this year’s conference,” said GSCA Executive Director Tammy Seldon. “IMAX has been a valuable, longtime partner, and their generous and continued support will not only help ensure another successful GSCA event but also provide delegates the opportunity to see state-of-the art projection technology.”

The GSCA International Conference and Trade Show is the largest gathering of educational giant screen and immersive cinema professionals. The 2015 event is being held on September 9-11 at the AMC Metreon IMAX Theater in San Francisco, California, and will feature new films, films in production, projects in development, professional development sessions, a technical session, trade show, and the GSCA Achievement Awards, which honor excellence in giant screen filmmaking, marketing, and education. In addition to the digital screenings, the conference will also include film presentations on the IMAX 15-perf/70mm system. On September 12, delegates travel to the Tech Museum of Innovation in San Jose, California, for screenings and sessions in the Hackworth IMAX Dome Theater. Conference registration and other event details are available at http://www.giantscreencinema.com.

About GSCA
The core purpose of the Giant Screen Cinema Association (GSCA®) is to advance the business of producing and presenting educational giant screen and immersive cinema experiences globally. GSCA’s membership includes more than 250 organizations in nearly 30 countries. Member organizations include giant screen filmmakers, distributors, theaters, suppliers, manufacturers, and students from around the world. Visit www.giantscreencinema.com for further information. Connect with GSCA on Facebook (https://www.facebook.com/giantscreencinema) and Twitter (https://twitter.com/gsca). Questions about the GSCA or the conference should be directed to Tammy Seldon at tammy@giantscreencinema.com.

About IMAX Corporation
IMAX Corporation, 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 Corporation is headquartered in Toronto with executive offices in New York and Los Angeles, and offices in London, Tokyo, Shanghai and Beijing. As of March 31, 2015, there were 943 IMAX theatres (820 commercial multiplexes, 18 commercial destinations and 105 institutions) in 63 countries.

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience® and The IMAX Experience® are registered trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

Sony Pictures Entertainment To Release Chinese-language Hit Wolf Totem In Select IMAX® Theatres In The U.S., Canada And Latin America Beginning Mid-September

August 24, 2015 – 11:47 am | Permalink

LOS ANGELES, Aug. 24, 2015 /PRNewswire/ — IMAX Corporation (NYSE:IMAX) and Sony Pictures Entertainment have announced that Wolf Totem—the Chinese-language hit film, which was produced and distributed locally by China Film Group—will be digitally re-mastered into the immersive IMAX® 3D format and released into limited IMAX® theatres domestically on Sept. 11. The film will also be released later this year in select IMAX theatres in Latin America.

Wolf Totem, which was co-written and directed by legendary French filmmaker Jean-Jacques Annaud, debuted earlier this year on Feb. 13 in China, where it grossed more than $110.5 million, including north of $5 million on 200 IMAX screens.

“Following its successful Chinese release in IMAX theaters earlier this year, we are excited to team up with the iconic director Jean-Jacques Annaud and our partners at Sony Pictures Entertainment to bring Wolf Totem to a broader base of IMAX fans domestically and abroad,” said Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment. “This is a visually stunning and touching film, one that deserves to be seen by the widest possible audience and in the most immersive way imaginable—in IMAX.”

Rory Bruer, president, Worldwide Distribution for Sony Pictures added, “It’s a tremendous honor to be a part of this incredibly rich and poignant film. After the movie has struck a chord with Chinese audiences, we are thrilled to be presenting it to American moviegoers, and IMAX is a great way to experience it.”

The IMAX® 3D release of Wolf Totem has been digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX’s customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.

About Wolf Totem
In acclaimed director Jean-Jacques Annaud’s film adaptation of Jiang Rong’s best-selling novel, a young Beijing student is sent to live among the nomadic herdsmen of Inner Mongolia. Caught between the advance of civilization from the south and the nomads’ traditional enemies—the marauding wolves—to the north; humans and animals, residents and invaders alike, struggle to find their true place in the world.

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 June 30, 2015, there were 976 IMAX theatres (852 commercial multiplexes, 20 commercial destinations and 104 institutions) in 65 countries.

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

MacGillivray Freeman Expands into TV Production

August 21, 2015 – 2:56 pm | Permalink

AWARD WINNING DOCUMENTARY FILM COMPANY, MACGILLIVRAY FREEMAN FILMS, EXPANDS INTO TELEVISION PRODUCTION WITH HIGH RESOLUTION PROGRAMMING

August 21, 2015, Laguna Beach, CA – For the first time ever, MacGillivray Freeman Films, the leading independent producer and distributor of films for IMAX® and giant-screen theatres, has expanded into the world of television production with an 8-part half-hour series, ‘America. The Beautiful.’ The series premiered August 9 on Travel Channel.

Narrated by Academy Award® winner Robert Redford, ‘America. The Beautiful.’ features America’s most beloved national parks and wilderness areas and kicks off the 100-year anniversary celebration of the U.S. National Park Service that will culminate next year. ‘America. The Beautiful’ airs every Sunday at 7:00 p.m. and 7:30 p.m.ET/PT in back-to-back episodes for four weeks, concluding at the end of August. Watch a preview here.

MacGillivray Freeman Films brings an IMAX-quality production into the television production realm using 70mm film and high quality 4, 5 and 6K digital footage that is rarely used in non-fiction television, ensuring that high-quality image-capture and the integrity of the image is preserved on smaller screens. This new direction for the Company comes after a successful launch of more than 10 hours of original digital programing for its One World One Ocean campaign, the largest multi-platform ocean awareness campaign of its kind.

Greg MacGillivray, Oscar®-nominated producer/director, shares, “The powerful visual storytelling of MacGillivray Freeman Films is perfectly suited to 4K television with its pristine, high-quality image. We use the most cutting-edge 3D, digital and IMAX technologies available. Now that distributors of broadcast, cable, satellite and streaming media are exploring higher resolution formats, it feels like the most organic next step for our company.”

MacGillivray Freeman Films shot ‘America. The Beautiful.’ simultaneously while shooting their next film for IMAX and giant screen theatres, ‘National Parks Adventure,’ also narrated by Robert Redford and presented by Expedia, Inc. in association with Brand USA, the destination marketing organization for the United States, with support from the Giant Dome Theater Consortium. The 3D film is scheduled for global release on February 12, 2016 to coincide with the National Park Service’s 2016 centennial celebration. These two multi-media documentaries serve as part of MacGillivray Freeman’s National Parks awareness project meant to reinvigorate the interest and preservation of America’s parks and treasured landscapes.

MacGillivray Freeman Films has hired Grady Candler, a seasoned documentary filmmaker and Executive Producer on ‘America.The Beautiful.’ to drive the efforts behind this new division of the company. Candler has worked in film and TV production for more than two decades and has produced a wide-range of non-fiction films, series and specials for companies such as Disney, Paramount, NBC, CBS, National Geographic and Discovery.

“We are thrilled to have Grady Candler on board,” says MacGillivray Freeman Films President and Producer, Shaun MacGillivray. “His passion for environmental and nature-focused projects align with our company’s mission of producing high-quality entertainment experiences in extraordinary locations that enrich people’s lives and inspire a greater appreciation for the natural world.”

“This is an exciting time for MacGillivray Freeman Films as we continue to grow our vision and expand into multiple mediums of storytelling,” shares Grady Candler. “Our goal is to produce high-quality programming that continues the MacGillivray Freeman tradition of creating compelling imagery and unique stories that have driven the incredible success of their IMAX films.”

For more than 50 years, MacGillivray Freeman Films has been making documentary films, starting with surf documentaries in the mid-60s transitioning to IMAX films in the mid-70s and now having made 38 IMAX films and blockbuster documentaries such as Everest and The Living Sea. The company has become known industry-wide for their artistry and successful blend of education and entertainment as well as their celebration of science and the natural world shot in the highest-quality filmmaking technologies. The Company is the first documentary filmmaking company to gross $1 billion in worldwide ticket sales.

In addition to ‘National Parks Adventure,’ the company is developing a number of television series and a new giant-screen film, Dream Big: Engineering Wonders of the World about the world’s most fascinating engineering marvels and what it took to build them.

About MacGillivray Freeman Films
MacGillivray Freeman Films is the world’s foremost independent producer and distributor of giant-screen 70mm films with 38 films for IMAX and giant-screen theatres to its credit. Throughout the company’s 50-year history, its films have won numerous international awards including two Academy Award® nominations and three films inducted into the IMAX Hall of Fame. MacGillivray Freeman’s films are known for their artistry and celebration of science and the natural world. It is the first documentary film company to reach the one billion dollar benchmark for worldwide box office. For more information about the company, visit www.macgillivrayfreemanfilms.com.

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Giant Screen film, Secrets of the Universe, to feature women in STEM

August 21, 2015 – 1:07 pm | Permalink

Physicist Deborah Berebichez writes of her involvement in the upcoming Giant Screen film, Secrets of the Universe. Via The Huffington Post:

I’ve never forgotten the movie that kindled my interest in physics. For that reason, I am grateful for the opportunity to be part of the team creating Secrets of the Universe. This Giant Screen/IMAX film will present the cutting-edge research at the biggest scientific experiment on Earth — the Large Hadron Collider at CERN — and explore some of the questions being investigated there (What is dark matter? How many dimensions does the universe have?).

Article >>

IMAX’s Next-Generation Laser System to Be Showcased at Giant Screen Cinema Association International Conference and Trade Show

August 21, 2015 – 11:40 am | Permalink

August 21, 2015—The Giant Screen Cinema Association (GSCA) is pleased to announce that delegates of the upcoming GSCA International Conference and Trade Show in San Francisco will be treated to a demonstration of IMAX’s next-generation digital laser projection system’s capabilities during the conference technical session on Friday, September 11, at the AMC Metreon IMAX Theatre. Digital new films and films in production will also be screened for attendees on IMAX’s laser system throughout the conference.

“This year’s introduction of IMAX with laser is a milestone in giant screen cinema technology, and we are pleased to be able to showcase it,” says GSCA Executive Director Tammy Seldon. “Thanks to the AMC Metreon’s decision to install the system now, our delegates will be among the first to see it.”

The GSCA International Conference and Trade Show is the largest gathering of educational giant screen and immersive cinema professionals. The 2015 event is being held on September 9-11 at the AMC Metreon IMAX Theatre in San Francisco, California, and will feature new films, films in production, projects in development, professional development sessions, a technical session, trade show, and the GSCA Achievement Awards, which honor excellence in giant screen filmmaking, marketing, and education. In addition to the digital screenings, the conference will also include film presentations on IMAX’s 15-perf/70mm projection system. On September 12, delegates travel to the Tech Museum of Innovation in San Jose, California, for screenings and sessions in the Hackworth IMAX Dome Theatre. Conference registration and other event details are available at http://www.giantscreencinema.com.

About GSCA
The core purpose of the Giant Screen Cinema Association (GSCA®) is to advance the business of producing and presenting educational giant screen and immersive cinema experiences globally. GSCA’s membership includes more than 250 organizations in nearly 30 countries. Member organizations include giant screen filmmakers, distributors, theaters, suppliers, manufacturers, and students from around the world. Visit www.giantscreencinema.com for further information. Connect with GSCA on Facebook (https://www.facebook.com/giantscreencinema) and Twitter (https://twitter.com/gsca). Questions about the GSCA or the conference should be directed to Tammy Seldon at tammy@giantscreencinema.com.

About IMAX Corporation
IMAX Corporation, 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 Corporation is headquartered in Toronto with executive offices in New York and Los Angeles, and offices in London, Tokyo, Shanghai and Beijing. As of June 30, 2015, there were 976 IMAX theatres (852 commercial multiplexes, 20 commercial destinations and 104 institutions) in 65 countries.

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience® and The IMAX Experience® are registered trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

IMAX And Shanghai Film Corp. Expand Partnership With Five-Theatre Deal In China

August 20, 2015 – 11:18 am | Permalink

Leading Chinese Exhibitor Has Signed Agreements for 26 IMAX® Theatres in Past Year

BEIJING, Aug. 20, 2015 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) today announced an agreement with Shanghai Film Corporation (SFC) and its subsidiary, Shanghai United Circuit Co. Ltd. (SUC), for five additional IMAX® theatres in China. Four of the theatres will be located in existing multiplexes in Hangzhou, Qingdao, Shenzhen and Chengdu, with another to be added to a new development in Changzhou. Over the past year, the parties have signed agreements for 26 theatres. Today’s announcement brings to 30 the exhibitor’s total IMAX commitment, of which 16 are currently in operation. SFC is the Company’s third-largest partner in China and fifth-largest partner worldwide.

Shanghai Film Corporation is China’s largest state-owned enterprise in the exhibition industry, with the leading exhibition market share in the country. Shanghai Film Group, SFC’s parent company, and SUC opened their first IMAX theatre in 2004, which was the first commercial IMAX theatre in China.

“We are dedicated to delivering premium entertainment experiences and our commitment to IMAX is an extension of this strategy, which strengthens our business and delights our guests,” said Zhang Feng, General Manager of SFC. “With the most immersive cinematic platform available, coupled with the best in Hollywood and Chinese-language content, we look forward to offering more of our patrons a movie-going experience unlike anything they’ve had before.”

“Moviegoers in China continue to embrace IMAX as the best way to experience blockbuster films, as our experience this year has shown, with Furious 7, which is now the highest-grossing IMAX title in China of all time as well as the recently released Monster Hunt, which is the highest-grossing Chinese IMAX title to date,” said IMAX CEO, Richard L. Gelfond. “We’ve worked hard to build a business model in China that creates win/win scenarios for IMAX and our partners. SFC’s commitment to 26 IMAX theatres in a year is a testament to the success of this model.”

About Shanghai Film Corporation
Shanghai Film Corporation (SFC) is a holding subsidiary of Shanghai Film Group Corporation. SFC operates in a few business areas including film distribution, copyright content sales, cinema line management, and the investment, development and management of cinemas. As one of the few companies which cover a complete chain of film distribution and exhibition, SFC perfectly combines a few roles as professional distributor, comprehensive cinema line and high-end theater operator. SFC is a leading company in both film distribution and exhibition businesses.

Shanghai United Circuit Co. Ltd., (SUC) a wholly-owned subsidiary of Shanghai Film Corporation, is one of the leading cinema lines in China. Now it has over 230 affiliate complexes in 23 provinces with over 1200 screens and 16 IMAX screens. In 2014, SUC had BO of RMB 2.274 billion with an 7.7% share of China, making it runner-up in its peers.

About IMAX China
IMAX China is a 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 June 30, 2015, there were 976 IMAX theatres (852 commercial multiplexes, 20 commercial destinations and 104 institutions) in 65 countries.

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

Source >>