Imax up 5% on largest asia theatre deal with cj cgv

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As global cinemas look khổng lồ reopen, Imax signed 17-theater khuyễn mãi giảm giá with Korea"s CGV, the biggest this year for the giant screen exhibitor.


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As global cinemas look khổng lồ reopen amid the novel coronavi khuẩn pandemic, Imax has signed a 17-theater khuyến mãi with Korea’s CGV, the biggest this year for the giant screen exhibitor.

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The agreement will see nine Imax large format screens installed in South Korea, in addition khổng lồ theaters being added to CGV’s global footprint, which includes Turkey, Vietphái mạnh và Indonesia. CGV, the largest cinema chain in South Korea and the fifth largest worldwide, has expanded into lớn the U.S. with locations in California.

“CGV & Imax both understvà that, as audiences around the world return lớn theaters, they will want to see the remarkable slate of blockbusters ahead in Imax,” Richard Gelfond, CEO of Imax, said in a statement on Monday.

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The COVID-19 public health crisis has shuttered global cinemas, but theaters in Trung Quốc & across Asia were aước ao the first to lớn reopen, if only with reduced box office revenues.

“South Korea và Southeast Asia continue lớn be strong performers for Imax and leaders in the global reopening of theaters, and this agreement further accelerates our growth in this key area of the world,” Gelfond added.

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A 15-year partnership with CGV has more than 185 Imax theaters open or contracted to open internationally.


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