Exhibition

Cinépolis Luxury Cinemas Inglewood Imax Opening July 21

Wed, 07/19/2023 - 09:57 -- Nick Dager

On July 21, Cinépolis will unveil the Cinépolis Luxury Cinemas Inglewood Imax at Hollywood Park, officially opening the sports and entertainment destination's retail space. The first movie theatre to call Inglewood home in nearly 30 years, the 12-screen, 1,236-seat, 55,137-square-foot luxury concept is the first tenant to open and welcome guests at Hollywood Park, which is being built by Los Angeles Rams owner/chairman E. Stanley Kroenke and is the largest urban mixed-use mega development under construction in the Western United States.

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.

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