IMAX And AMC Entertainment Expand Joint Revenue Sharing Partnership
IMAX Corporation (NYSE: IMAX) and AMC Entertainment Inc. (AMC) today announced an expansion of the companies' existing joint revenue sharing arrangement to include the installation of eight confirmed and up to 18 IMAX® theatres in the United States. The deal also includes the conversion of two existing AMC IMAX theatres from a sale to a joint revenue sharing structure.
Today's agreement brings AMC's total IMAX commitment to 138 theatres with the potential to expand to 148. The company currently has 125 IMAX theatres in operation.
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