Stellar Cinemas Builds On IMAX Success With Five-Theatre Revenue Share Deal In China

September 22, 2015 – 1:58 pm | Permalink

China’s 6th-Largest Exhibitor To Introduce IMAX to Wanzhou

SHANGHAI, Sept. 22, 2015 /PRNewswire/ — IMAX Corporation (NYSE:IMAX) and SMI Holding Group Limited, a leading Chinese entertainment and media company that operates theatres under the name Stellar Cinemas, today announced an expansion of the parties’ revenue sharing arrangement with the addition of five new IMAX® theatres in China. The theatres will be installed in new construction projects located in the cities of Chengdu, Ningbo, Zhongshan, Kunming and Wanzhou and will bring the exhibitor’s total IMAX commitment to 16 theatres, of which nine are currently open.

“We have been very impressed by the success of our existing IMAX theatres and today’s agreement is a reflection of this,” said Mr. Zheng Jichong, CEO of SMI Holdings Group Limited . “We believe that the IMAX brand, immersive format and slate of the best Chinese and Hollywood films will attract more guests and set our complexes’ apart from competitors.”

“We continue to be pleased by the progress of our business in China,” said IMAX CEO, Richard L. Gelfond. “As Stellar Cinemas builds on the success of its existing IMAX locations, we take great pride in the confidence that China’s leading exhibitors have in IMAX to deliver results with our unrivaled cinematic experience.”

About Stellar

SMI Holdings Group Limited is a leading Chinese entertainment and media company that is committed to breaking new ground in the Chinese film industry. Stellar operates a fully-integrated production chain that ranges from studio and soundstage facilities, to film distribution and exhibition. On the exhibition side of the business, Stellar operates a network of 150 cinemas in major cities such as Beijing, Shanghai, Guangzhou, Tianjin, Chongqing, Chengdu, Shenyang and Lanzhou. With its broad range of film businesses, Stellar is uniquely positioned in the burgeoning Chinese film and exhibition industry. Double digit growth per year and a galloping capital market offers a prime environment for Stellar to grow exponentially, bringing together historic opportunities, horizontal development and broad participation in the Company’s ongoing push to bringing domestic and global audiences the very best in entertainment.

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 977 IMAX theatres (853 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.

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IMAX And Better Life Sign Two-Theatre Sales Deal In China

September 22, 2015 – 1:53 pm | Permalink

Leading Chinese Commercial Developer Joins IMAX Business to Support Expansion Plans

BEIJING, Sept. 22, 2015 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) today announced an agreement with Better Life Commercial Chain Share Co. Ltd., (Better Life) a multi-format retailer, for two new IMAX® theatres in China’s Hunan province to be operated by its joint venture, Hunan Shengshi Entertainment Culture Investment Co. Ltd. One theatre will be located in the city of Xiangtan and another in the city of Changsha, Hunan’s capital. This marks the Company’s first agreement with Better Life Commercial Chain Share Co. Ltd., a leading commercial developer in China that operates supermarkets, department stores, convenience stores and commercial complexes.

“We have a robust growth plan to develop several shopping malls in China over the next few years, which will include approximately five to six multiplexes every year,” said Wang Tian, Chairman, Better Life Commercial Chain Share Co. Ltd. “IMAX is a world-renowned brand embraced by moviegoers in China as the best way to experience movies. As such, we expect IMAX will serve as a key entertainment attraction for our new complexes in Xiangtan and Changsha and also look forward to making IMAX a part of our upcoming developments.”

“Among commercial developers, IMAX is considered a premium anchor tenant, which from a project’s inception to launch, can help secure other premier retailers and offer consumers a differentiated entertainment experience,” said Richard L. Gelfond, CEO, IMAX. “Better Life is a top-notch commercial developer and we’re delighted that they’ve joined our business and made IMAX a part of their growth strategy.”

About Better Life Commercial Chain Share Co. Ltd.
Better Life Commercial Chain Share Co. Ltd. was established in 1995 and is committed to being the leading commercial and service business operator. The company was listed on the Shenzheng Stock Exchange on June 19, 2008 and to date, has expanded into different business areas, now owning subsidiaries such as Better Life Hypermarket, Better Life Mall, g.yunhou.com, Better Life Land, Better Life EMart, Chu restaurant, Homy-Store, etc. By the end of 2014, the company had entered into the markets of Hunan Province, Guangxi Province, Sichuan Province, Guizhou Province and Yunnan Province. Represented by the famous celebrity pianist Langlang, the company’s star commercial real estate project “Better Life-New World” has been powered by a dozen multi-complexes, which are currently under construction. Part of the “Better Life-New World” development is the Changsha Meixi Lake New World project, which includes commercial properties spanning over 70 thousand square meters. This large commercial complex has already attracted famous brands including IMAX, Flight Experience Pavilion, Cool Car Park and Genting Amusement Park, etc.

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 977 IMAX theatres (853 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.

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Walking With Dinosaurs: Prehistoric Planet 3D and Tiny Giants 3D Win Awards at GSCA

September 18, 2015 – 2:20 pm | Permalink

Giant Screen Films and BBC Earth are proud to announce that the BBC Earth’s first two giant screen releases – Walking With Dinosaurs: Prehistoric Planet 3D and Tiny Giants 3D – took home honors last week at the Giant Screen Cinema Association Awards in San Francisco. Walking With Dinosaurs: Prehistoric Planet 3D won “Best Visual Effects” while Tiny Giants 3D won “Best Sound Design.”

“BBC Earth is very committed to the giant screen medium and market,” said Neil Nightengale, Creative Director for BBC Earth. “We’re honored to receive such high accolades from the theater community for Prehistoric Planet and Tiny Giants and especially thankful to the theaters that have booked these films. With multiple new releases on the horizon including Wild Africa at the end of the year, we look forward to playing a large part in the giant screen community for a long time to come.”

“We’re really pleased that the giant screen industry has greeted BBC Earth’s entry into our market so enthusiastically,” said Don Kempf, President of Giant Screen Films. “These awards speak to the appreciation the theater community has for the outstanding production and creative abilities of BBC Earth. Prehistoric Planet and Tiny Giants have been tremendously successful, and I look forward not only to the continued rollout of these films, but also to the huge potential of BBC Earth’s future projects for the giant screen.”

ABOUT GIANT SCREEN FILMS
Since 1997, GSF has established itself as a pioneer in the large-format industry, producing and distributing films that push the boundaries of the medium. Through the magic of immersive sight and sound technologies, GSF’s productions challenge the imaginations of children and adults, offering an inspiring perspective on the world and an unforgettable theater experience. Meaningful educational collaborations and partnerships extend each film’s impact far beyond the theater. The company is recognized as one of the world’s leading and most active large-format producers and is based in Evanston, Illinois. For additional information, visit www.gsfilms.com.

ABOUT BBC EARTH
BBC Earth is a global factual brand which seeks to inspire audiences in the UK and worldwide with the most incredible sights, stories and characters from the natural world. Commercially and internationally the brand is managed by BBC Worldwide, the commercial arm of the BBC. Since launch the brand has grown across multiple platforms including branded blocks on television, live events, social media, visitor attractions, theatric releases for cinema and giant screen films and online on BBC.com. From 2015 the BBC Earth brand will launch new channels internationally that will be dedicated to bringing audiences premium factual content.

White River State Park to Convert to IMAX’s Digital Projection Technology

September 18, 2015 – 11:46 am | Permalink

IMAX and White River State Park today announced that the IMAX® theatre at the Indiana State Museum will install IMAX’s cutting-edge digital projection system to replace its current IMAX film system. The technology will allow the iconic state museum to present a wide array of IMAX digital content previously unavailable.

“This conversion will have many benefits for our future operations,” said Bob Whitt, Executive Director at White River State Park. “The IMAX theatre set the table for our major park development and we see a great opportunity to increase theatre revenues through new programming flexibility while simultaneously reducing operational costs.”

“IMAX’s digital projection technology will create new revenue streams for the White River State Park, when combined with our expanded releases from the IMAX Original Film Fund and the large number of Hollywood IMAX® DMR releases,” said Larry O’Reilly, IMAX President of Worldwide Sales. “We have enjoyed our long-time association with White River State Park and we’re delighted to continue the tradition of delivering the most immersive cinematic experience to Indiana State Museum guests.”

The IMAX theatre at the Indiana State Museum opened in 1996 and was host to the 2009 Giant Screen Cinema Association Conference and Trade Show. The theatre will temporarily close for the digital conversion in early 2016.

Images from Crimson Peak

September 17, 2015 – 1:46 pm | Permalink

Universal Pictures has released the images from upcoming film, Crimson Peak.

In the aftermath of a family tragedy, an aspiring author is torn between love for her childhood friend and the temptation of a mysterious outsider. Trying to escape the ghosts of her past, she is swept away to a house that breathes, bleeds … and remembers.

The film opens in IMAX theaters October 16, 2015.



MIA WASIKOWSKA stars as Edith Cushing in Legendary Pictures’ “Crimson Peak”, a gothic romance from the imagination of director Guillermo del Toro. When her heart is stolen by a seductive stranger, a young woman is swept away to a house atop a mountain of blood-red clay: a place filled with secrets that will haunt her forever. Between desire and darkness, between mystery and madness, lies the truth behind Crimson Peak. Copyright: © 2015 Legendary Pictures and Universal Pictures. ALL RIGHTS RESERVED.


TOM HIDDLESTON as Sir Thomas Sharpe and MIA WASIKOWSKA as Edith Cushing in Legendary Pictures’ “Crimson Peak”, a gothic romance from the imagination of director Guillermo del Toro. When her heart is stolen by a seductive stranger, a young woman is swept away to a house atop a mountain of blood-red clay: a place filled with secrets that will haunt her forever. Between desire and darkness, between mystery and madness, lies the truth behind Crimson Peak. Photo Credit: Kerry Hayes. Copyright: © 2015 Legendary Pictures and Universal Pictures. ALL RIGHTS RESERVED.


JESSICA CHASTAIN stars as Lady Lucille Sharpe in Legendary Pictures’ “Crimson Peak”, a gothic romance from the imagination of director Guillermo del Toro. When her heart is stolen by a seductive stranger, a young woman is swept away to a house atop a mountain of blood-red clay: a place filled with secrets that will haunt her forever. Between desire and darkness, between mystery and madness, lies the truth behind “Crimson Peak”. Photo Credit: Kerry Hayes/Legend. Copyright: © 2015 Legendary Pictures and Universal Pictures. ALL RIGHTS RESERVED.


MIA WASIKOWSKA stars as Edith Cushing in Legendary Pictures’ “Crimson Peak”, a gothic romance from the imagination of director Guillermo del Toro. When her heart is stolen by a seductive stranger, a young woman is swept away to a house atop a mountain of blood-red clay: a place filled with secrets that will haunt her forever. Between desire and darkness, between mystery and madness, lies the truth behind Crimson Peak. Photo Credit: Legendary Pictures. Copyright: © 2015 Legendary Pictures and Universal Pictures. ALL RIGHTS RESERVED.

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IMAX Corporation’s IMAX China Files Post-Hearing Information Pack In Connection With Initial Public Offering

September 15, 2015 – 11:40 am | Permalink

HONG KONG, Sept. 15, 2015 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) today announced that IMAX China Holding, Inc., a Cayman Islands company and a subsidiary of IMAX, filed a post-hearing information pack (“PHIP”) with the Hong Kong Stock Exchange in connection with its initial public offering. Included in the PHIP is a disclosure document with updated financials as of June 30, 2015.

The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release is neither an offer to sell nor a solicitation of an offer to buy, nor shall there be any offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About IMAX China

IMAX China is a subsidiary of IMAX Corporation, and is incorporated under the laws of Cayman Islands. 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 977 IMAX theatres (853 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.

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Winners of the GSCA 2015 Achievement Awards and IMAX Maximum Image Awards Announced at GSCA Conference

September 10, 2015 – 12:00 pm | Permalink

September 10, 2015—The Giant Screen Cinema Association (GSCA) is pleased to announce the winners of its 2015 Achievement Awards, which recognize excellence in giant screen filmmaking, marketing, and lifelong learning. The awards were announced the evening of September 9 at the opening reception of the GSCA 2015 International Conference and Trade Show in San Francisco. IMAX Corporation, sponsor of the opening reception, presented the IMAX Maximum Image Awards during the ceremony as well.

The following film awards were presented by GSCA:

Best Film-Short Subject, Best Film for Lifelong Learning, Best Cinematography
Humpback Whales
Produced and distributed by MacGillivray Freeman Films. Produced by Shaun MacGillivray. Directed by Greg MacGillivray. Cinematography by Greg MacGillivray, Brad Ohlund, Howard Hall, and Ron Goodman.

Best Sound Design
Tiny Giants
Produced by BBC Earth. Distributed by BBC Earth and Giant Screen Films. Sound design by Kate Hopkins and Tim Owens.

Best Visual Effects
Walking with Dinosaurs: Prehistoric Planet
Produced by BBC Earth in Association with Evergreen Studios. Distributed by BBC Earth, Reliance Entertainment, and Giant Screen Films. Visual effects by Will Reichelt, Marco Marenghi, and Emmanuel Blasset.

Best Original Score
Living in the Age of Airplanes
Produced by Terwilliger Productions. Distributed by National Geographic Studios. James Horner composer.

Best Film-Feature Length
Interstellar: The IMAX Experience
Produced by Emma Thomas, Christopher Nolan, and Lynda Obst. Directed by Christopher Nolan. Distributed by Paramount Pictures.

GSCA also presented the following marketing and education awards:

Best Film Launch by a Theater
TELUS World of Science-Edmonton IMAX Theatre for its launch of Journey to the South Pacific 3D

Best Marketing Campaign by a Distributor
Humpback Whales
Produced and distributed by MacGillivray Freeman Films

Best Education Program
Omniversum, The Netherlands, for its D-Day: Normandy 1944 education program

Big Idea (tie)
Given for the most original and effective idea of a single marketing campaign.

  • Challenger Learning Center of Tallahassee for its #WhereAreTheWhales Social Media Campaign
  • National Geographic Studios for its outreach to the aviation community to promote Living in the Age of Airplanes

Big Shoe
Selected by GSCA staff to recognize exemplary volunteers.

  • Christian Fry, Pretend Entertainment
  • Mary Nucci, Rutgers University

IMAX Corporation also presented the following Maximum Image Awards at the GSCA Achievement Awards ceremony.

Best IMAX Booth, Film
Science Museum London

Best IMAX Booth Digital/Laser
Sanya Zose Cinema & IMAX, Sanya, China

Hall of Fame (tie)
Pulse: A Stomp Odyssey
Destiny in Space

CQO Award
Toby Winsett, Denver Museum of Nature and Science

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 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.

Filmmaker Sean Casey talks upcoming Giant Screen film Extreme Weather 3D

September 9, 2015 – 12:03 pm | Permalink

KGTV San Diego talks to filmmaker, Sean Casey, about his upcoming Giant Screen film, Extreme Weather 3D:

To complete his IMAX film, “Extreme Weather 3D,” he needed a third force of nature to document. That led him to Southeastern Alaska – home to the impressive Dawes Glacier.

“This is one of the most incredible things I’ve seen in my life,” said Casey.

Casey and his team just returned from a scouting trip, where the crew got exactly what they wanted. They filmed a 300- foot tall piece of ice collapsing right in front of them. The crew filmed the action from an armored boat built in San Diego. That boat kept them safe from flying chunks of ice.

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New Orleans Entergy IMAX to get $1.2M renovation

September 8, 2015 – 4:27 pm | Permalink

The Times-Picayune reports:

Depending on how you look at it, Tuesday morning (Sept. 8) marked either the end of an era for New Orleans moviegoers or the beginning of another one. The Audubon of the Americas’ Entergy IMAX Theatre — for years the only 70mm IMAX screen operating in the region — has gone dark while crews prepare it for its next incarnation.

The theater will reopen in October after undergoing a previously announced $1.2 million overhaul, including installation of a digital projection system, according to Aquarium officials. It will also get a new name, being redubbed the Entergy Giant Screen Theater.

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Images from Wild Africa

September 8, 2015 – 3:58 pm | Permalink

Check out these images from upcoming Giant Screen film, Wild Africa.

The film takes audiences on a spectacular ride across, over, and through the magical realms of the most dramatic continent on earth.

Wild Africa opens in IMAX, Giant Screen, and other specialty venues December 2015.



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