Imax Moves to Takeover Imax China

Thu, 07/13/2023 - 12:01 -- Nick Dager

Imax Corporation has filed a proposal to acquire the outstanding 96.3 million shares in Imax China, a Hong Kong-listed subsidiary established by Imax Corporation to oversee its business in Greater China. The deal is worth roughly $124 million. The offer represents an approximate 49 percent premium to the 30-trading day average closing price. Upon approval of the offer, Imax Corporation will own 100 percent of Imax China.

PVR Inox Cuts Food and Beverage Prices

Thu, 07/13/2023 - 11:58 -- Nick Dager

India’s largest multiplex chain PVR Inox has announced new attractively priced offers for food and beverages at all its cinemas across the country. The announcement aims to enhance the cinematic experience for patrons. Beginning today, moviegoers can purchase food items ranging from hotdogs to burgers, popcorn and sandwiches, beverages and exciting combos starting at just INR99 from Mondays to Thursdays.

Cineplex Germany names Cinionic as Preferred Partner for Laser Renewal

Wed, 07/12/2023 - 11:05 -- Nick Dager

Cinionic has announced a new preferred partnership designation by Cineplex Deutschland, Germany’s largest exhibitor, through 2026. As part of the deal, Cinionic will drive the technology renewal for the circuit, bringing Laser Projection by Cinionic to more than 100 screens over the next three years.


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