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.
Academy Award-nominee Darren Aronofsky is currently directing the feature-length documentary film Postcard from Earth, a first-of-its-kind production set to debut at Sphere in Las Vegas this October. Aronofsky is utilizing the Big Sky camera system to capture content for the immersive production, which will fully-maximize Sphere’s 22nd century technologies – including the world’s highest resolution LED screen, the world’s most advanced concert audio system, and atmospheric elements such as wind and scent – to transport audiences to places both real and imagined.
Odeon Multicines has reached an agreement to install Cinity Cinema Systems, with components that include Christie Real|Laser illumination technology, in six premium large format theatres across Spain. The Cinity format for PLF auditoriums enhances the overall cinematic experience with 4K, 3D, high brightness, high frame rate, high dynamic range, and wide color gamut display capabilities, paired with immersive sound. Christie partner Ingevideo, in collaboration with Equipo de Cine, will supply, install, and service this integrated system.
CJ 4DPlex and Warner Bros. Pictures today announced that the epic DC superhero movie The Flash will debut in both the 270-degree panoramic ScreenX format and the multisensory 4DX experiential format. Distributed worldwide by Warner Bros. Pictures, The Flash will release in North American theatres on June 16 and internationally beginning June 14.
Christie will showcase its technology for both mainstream and premium large format auditoriums at the CinemaS Shanghai International Film Forum and Exhibition, to be held at the Shanghai World Expo Exhibition and Convention Center from June 12-14.
With the French box office surging, Imax has unveiled ambitious plans for expansion in the country as it aims to nearly triple the number of its systems from the 22 currently in operation to more than 60.
B&B Theatres has selected the GDC Technology’s SR-1000 Standalone Integrated Media Block with CineCache and built-in cinema audio processor for 5.1 and 7.1 surround sound for its Creve Coeur West Olive 10 luxury entertainment center. Nine of the auditoriums will offer moviegoers surround sound and B&B’s signature premium large format auditorium, Grand Screen with ScreenX, will offer guests the ultimate audio experience featuring DTS:X for immersive audio bitstream sound
CJ 4DPlex together with Universal Pictures, announced that Fast X, the new chapter in the global blockbuster Fast & Furious Saga, in theaters this Friday, May 19, will debut in the 270-degree panoramic ScreenX format. This is the first time a Universal Studios' film from the Fast & Furious franchise will premiere in the visually immersive theatres.
Look Dine-In Cinemas has selected GDC Technology’s SR-1000 Standalone Integrated Media Block with built-in DTS:X for immersive audio bitstream decoder. The new Look is located at 625 West 57th Street in the iconic Bjarke Ingels’-designed building.
AMC Theatres has announced plans, set to begin later this year, to bring Laser Projection by Cinionic to its premium large format brand Prime at AMC.
