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IMAX U.S theatre deal
Wednesday January 10th 2007TORONTO, – IMAX Corporation and Kerasotes ShowPlace Theatres, North America’s sixth largest exhibitor, today announced an agreement to install an IMAX® theatre in the exhibitor’s flagship location, the ShowPlace 16 in Indianapolis, Indiana.
Expected to open in 2007, the new IMAX theatre will utilize IMAX MPX® technology and take advantage of Hollywood movies that have been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience®. Kerasotes ShowPlace Theatres currently operates 81 theatres with 685 screens in the USA. With this agreement, IMAX now has partnerships with seven of the top ten exhibitors in North America.
"IMAX theatres offer a unique and immersive cinematic experience that cannot be replicated at home or in any other type of theatre," said Tony Kerasotes, Chairman and CEO of Kerasotes ShowPlace Theatres. "The attractive economics of IMAX’s MPX theatre system will enable us to cost-effectively enter the IMAX theatre business and offer our customers Hollywood’s biggest titles in an exciting, premium format. We look forward to opening our first IMAX theatre in 2007 and hope to expand with more locations in the future."
"We are delighted to enter into a new partnership with one of North America’s leading, well-respected and innovative exhibitors," said IMAX co-Chairmen and co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "Kerasotes ShowPlace Theatres is a welcome addition to the family of IMAX exhibitors, and we are excited to build on this relationship as we continue to implement our domestic growth strategy."
The new IMAX theatre will feature IMAX MPX technology. The IMAX MPX theatre system was designed specifically to enable multiplex operators to more cost effectively enter into the IMAX theatre business, either by retrofitting an existing stadium-seating auditorium or via an economical new build. The new IMAX theatre will be capable of playing Hollywood event films that have been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience, as well as original IMAX productions in 2D and IMAX® 3D.
Headline, Industry News
IMAX U.S theatre deal
Wednesday January 10th 2007TORONTO, – IMAX Corporation and Kerasotes ShowPlace Theatres, North America’s sixth largest exhibitor, today announced an agreement to install an IMAX® theatre in the exhibitor’s flagship location, the ShowPlace 16 in Indianapolis, Indiana.
Expected to open in 2007, the new IMAX theatre will utilize IMAX MPX® technology and take advantage of Hollywood movies that have been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience®. Kerasotes ShowPlace Theatres currently operates 81 theatres with 685 screens in the USA. With this agreement, IMAX now has partnerships with seven of the top ten exhibitors in North America.
"IMAX theatres offer a unique and immersive cinematic experience that cannot be replicated at home or in any other type of theatre," said Tony Kerasotes, Chairman and CEO of Kerasotes ShowPlace Theatres. "The attractive economics of IMAX’s MPX theatre system will enable us to cost-effectively enter the IMAX theatre business and offer our customers Hollywood’s biggest titles in an exciting, premium format. We look forward to opening our first IMAX theatre in 2007 and hope to expand with more locations in the future."
"We are delighted to enter into a new partnership with one of North America’s leading, well-respected and innovative exhibitors," said IMAX co-Chairmen and co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "Kerasotes ShowPlace Theatres is a welcome addition to the family of IMAX exhibitors, and we are excited to build on this relationship as we continue to implement our domestic growth strategy."
The new IMAX theatre will feature IMAX MPX technology. The IMAX MPX theatre system was designed specifically to enable multiplex operators to more cost effectively enter into the IMAX theatre business, either by retrofitting an existing stadium-seating auditorium or via an economical new build. The new IMAX theatre will be capable of playing Hollywood event films that have been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience, as well as original IMAX productions in 2D and IMAX® 3D.
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Headline, Industry News
IMAX U.S theatre deal
Wednesday January 10th 2007TORONTO, – IMAX Corporation and Kerasotes ShowPlace Theatres, North America’s sixth largest exhibitor, today announced an agreement to install an IMAX® theatre in the exhibitor’s flagship location, the ShowPlace 16 in Indianapolis, Indiana.
Expected to open in 2007, the new IMAX theatre will utilize IMAX MPX® technology and take advantage of Hollywood movies that have been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience®. Kerasotes ShowPlace Theatres currently operates 81 theatres with 685 screens in the USA. With this agreement, IMAX now has partnerships with seven of the top ten exhibitors in North America.
"IMAX theatres offer a unique and immersive cinematic experience that cannot be replicated at home or in any other type of theatre," said Tony Kerasotes, Chairman and CEO of Kerasotes ShowPlace Theatres. "The attractive economics of IMAX’s MPX theatre system will enable us to cost-effectively enter the IMAX theatre business and offer our customers Hollywood’s biggest titles in an exciting, premium format. We look forward to opening our first IMAX theatre in 2007 and hope to expand with more locations in the future."
"We are delighted to enter into a new partnership with one of North America’s leading, well-respected and innovative exhibitors," said IMAX co-Chairmen and co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "Kerasotes ShowPlace Theatres is a welcome addition to the family of IMAX exhibitors, and we are excited to build on this relationship as we continue to implement our domestic growth strategy."
The new IMAX theatre will feature IMAX MPX technology. The IMAX MPX theatre system was designed specifically to enable multiplex operators to more cost effectively enter into the IMAX theatre business, either by retrofitting an existing stadium-seating auditorium or via an economical new build. The new IMAX theatre will be capable of playing Hollywood event films that have been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience, as well as original IMAX productions in 2D and IMAX® 3D.
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