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IMAX Corp. (IMAX) Inks Deal for Two Theaters in Taiwan

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IMAX Corp. (IMAX) Inks Deal for 10 Additional Theaters in China

April 13, 2016 7:32 AM EDT

IMAX Corporation (NYSE: IMAX), IMAX China Holding Inc., and Shanghai Aurora Movie Co., Ltd., announced an agreement for 10 new IMAX theatres in China. Under the deal terms, eight of the theatres will be added to the company's new construction projects to be located throughout the People's Republic of China. The locations of the remaining two theatres are yet to be determined.

"IMAX is one of the most recognized entertainment brands in China that is beloved by... More