New York - IMAX (NASD: IMAX), the
large-format theater company, announced on Friday that it has partnered with
movie theater owner AMC Entertainment, to install 100 IMAX digital projectors at
AMC locations in 33 U.S.
markets, effectively doubling IMAX's current footprint in North
America.
The New York Times reports that IMAX will provide the
projectors, which cost about $500,000 each, while AMC will retrofit the
participating theaters with larger screens and new seating configurations.
The
first 50 systems are slated to launch in July 2008, with an additional 25
slated for rollout in 2009, and the remaining 25 in 2010.
Related Links:
http://snipurl.com/1uxns
http://www.nytimes.com/2007/12/07/business/media/07imax.html
http://www.amctheatres.com
http://www.imax.com
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