IMAX and TGV Cinemas Expand Joint Revenue Share Agreement With Seven Additional IMAX® Theatres in Malaysia
IMAX Corporation (NYSE: IMAX) and TGV Cinemas Sdn Bhd (TGV Cinemas), one of Malaysia's premier film exhibition companies, today announced an expansion of the parties' joint revenue sharing agreement announced in October 2011 to include the installation of seven additional IMAX® theatre systems. Today's deal brings to eight the exhibitor's total IMAX commitment and brings to 321 the total number of IMAX theatres open or contracted to open in the Asia Pacific region.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.