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Stock Market & Financial Investment News

News Breaks
December 18, 2013
09:10 EDTIMAXIMAX confirms commitment for 80 additional IMAX theaters
IMAX and Wanda Cinema Line, Asia's largest cinema owner, announced the confirmation of 80 additional IMAX theatres to be located throughout China as contemplated in the July amendment of the parties' original 2011 joint revenue share agreement, which added a minimum of 40 and up to 120 new IMAX theatres. Rollout of the additional theatres is expected to begin in 2016. In addition, the lease terms for all new and existing Wanda theatres have been extended to 12 years from theatre opening from 10. This commitment to the full 120 theatres brings the exhibitor's total IMAX commitment in China to 210 theatres.
News For IMAX From The Last 14 Days
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April 24, 2014
07:29 EDTIMAXIMAX expects total number of titles in 2014 similar to that in 2013
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07:28 EDTIMAXIMAX: Total theatre network consisted of 840 systems as of March 31
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07:14 EDTIMAXIMAX reports Q1 adjusted EPS 5c, consensus 6c
Reports Q1 revenue $48.20M, consensus $49.77M
April 16, 2014
06:20 EDTIMAXIMAX and China's WASU Group sign home theater content delivery agreement
IMAX and TCL Multimedia Technology Holdings announced a joint-venture partnership with Wasu Digital TV Media Group as part of their IMAX TCL home theatre initiative. WASU will license and distribute IMAX-enhanced Hollywood and Chinese current theatrical and other content to the IMAX-TCL premium home theatre system.
06:20 EDTIMAXIMAX and China's WASU Group sign home theater content delivery agreement
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06:20 EDTIMAXIMAX, China's WASU Group announces content delivery agreement for IMAX-TCL
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