IMAX Expands Partnership With VieShow Cinemas In Three-Theatre Deal

IMAX Corporation IMAX and VieShow Cinemas Co., Ltd. today announced an agreement for three IMAX® theatre systems. The deal brings VieShow's IMAX commitment to 10 and to 232 the total number of IMAX theatres open or contracted to open in Greater China, of which 97 are currently in operation. Under the terms of the new agreement, VieShow Cinemas will install three IMAX theatre systems in Taiwan, with the first to open in the city of Tainan in 2014 and the second and third systems slated to open in 2015 with the locations to be determined at a later date. The exhibitor currently has six IMAX theatres in operation in cities throughout Taiwan and four in backlog.