IMAX Expands Relationship With China's Broadway Theatre Company With Four Theatre Deal
IMAX Corporation (NYSE: IMAX) and Broadway Theatre Company Ltd. (Broadway) today announced two agreements to install a total of four digital IMAX® theatre systems into new multiplexes across Greater China, bringing Broadway's total IMAX commitment to six theatres. With today's agreements, there are 217 IMAX® theatres open or contracted to open in Greater China.
Under the terms of the agreements, the first two systems are scheduled to open at Yoho Town, Hong Kong, and in Wenzhou, China in 2013. Broadway currently operates an IMAX theatre in Hangzhou with another set to open by the end of this year at iapm in Puxi, Shanghai.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.