IMAX® China And China Media Capital Establish China Film Fund
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IMAX Corp. (IMAX) Said Planning IPO of China Unit
June 16, 2015 7:59 AM EDTIMAX Corp. (NYSE: IMAX) shares are active early following reports that the company is considering an IPO of its China division.
According to the WSJ, the IPO could raise as much as $300 million and may happen as early as... More
IMAX Corp. (IMAX) Announces New China Film Fund; Will Initially Have $50M Capitalization
June 16, 2015 6:46 AM EDTIMAX Corp. (NYSE: IMAX) announced the creation of the IMAX China Film Fund with its subsidiary IMAX China and partner China Media Capital ("CMC"), to help fund a minimum of 10 tentpole films in Mandarin. The China Film Fund, which will be capitalized at up to $50 million initially, will target productions that can leverage the IMAX® brand, relationships, technology and release windows, with the flexibility to produce IMAX and non-IMAX content, and develop original films or co-finance studio productions. Led by its founding Chairman, Ruigang Li, CMC, China's prominent media and entertainment focused investment fund,... More
