IMAX and Regal Sign Agreement

IMAX Corporation and Regal Entertainment Group announced an expansion of the companies’ existing joint revenue-sharing agreement to include the installation of 11 additional IMAX® theatres in the U.S—bringing to 100 theatres Regal’s total IMAX network.

The companies intend to open the new joint-venture theatres in new and existing complexes in U.S. markets such as Lexington, Ky.; Albuquerque, N.M.; Fredericksburg, Va.; Fort Lauderdale, Fla., and San Antonio, Texas. The expanded agreement provides for an additional two years of operation and an adjusted financial formula for all Regal IMAX joint-venture locations. CLICK HERE TO READ ENTIRE STORY

Source: Film Journal

Category: Member News