LOS ANGELES, Sept. 20, 2018 /PRNewswire/ -- Universal
Pictures and IMAX Corporation (NYSE: IMAX) announced today that the
companies have expanded their growing partnership with a new,
multi-year, multi-picture deal.
As part of the agreement, IMAX will release several
highly-anticipated Universal Pictures tentpole films, including
Academy Award® winner Damien
Chazelle's First Man, Illumination's Dr. Seuss'
The Grinch, Mortal Engines, executive produced by
three-time Academy Award®-winning filmmaker Peter Jackson, M. Night Shyamalan's
Glass, DreamWorks Animation's How to Train Your Dragon:
The Hidden World, The Voyage of Dr. Dolittle starring
Robert Downey,
Jr., and the next chapter in the billion-dollar
Fast & Furious franchise.
"Universal Pictures delivers must-see global blockbusters and
we're excited to present some of their most anticipated films in
IMAX," said Greg Foster, CEO of IMAX
Entertainment and Senior Executive Vice President, IMAX Corp. "We
look forward to continuing our collaboration with Universal and
this visionary group of important, global filmmakers to transport
audiences into unique, cinematic worlds."
"Universal's slate strategy has always been engineered to make
movies that appeal to global audiences, and we're thrilled to
continue our partnership with IMAX to present our films in this
truly immersive format," said Duncan
Clark, President International Distribution, Universal
Pictures, and Jim Orr, President,
Domestic Distribution, Universal Pictures, in a joint
statement.
The IMAX release of each film will be digitally re-mastered into
the image and sound quality of The IMAX EXPERIENCE® with
proprietary IMAX DMR® (Digital Re-Mastering) technology.
The crystal-clear images, coupled with IMAX's customized theatre
geometry and powerful digital audio, create a unique environment
that will make audiences feel as if they are in the movie.
About UNIVERSAL PICTURES
Universal Pictures is a
division of Universal Studios (www.universalstudios.com).
Universal Studios is part of NBCUniversal. NBCUniversal is
one of the world's leading media and entertainment companies in the
development, production and marketing of entertainment, news and
information to a global audience. NBCUniversal owns and
operates a valuable portfolio of news and entertainment networks, a
premier motion picture company, significant television production
operations, a leading television stations group and world-renowned
theme parks. NBCUniversal is a subsidiary of Comcast
Corporation.
About IMAX Corporation
IMAX, an innovator in
entertainment technology, combines proprietary software,
architecture and equipment to create experiences that take you
beyond the edge of your seat to a world you've never imagined. Top
filmmakers and studios are utilizing IMAX theatres to connect with
audiences in extraordinary ways, and, as such, IMAX's network is
among the most important and successful theatrical distribution
platforms for major event films around the globe.
IMAX is headquartered in New
York, Toronto and
Los Angeles, with additional
offices in London, Dublin, Tokyo, and Shanghai. As of June
30, 2018, there were 1,410 IMAX theater systems (1,314
commercial multiplexes, 12 commercial destinations, 84
institutional) operating in 79 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary
of IMAX Corp., began trading on the Hong Kong Stock Exchange under
the stock code "HK.1970."
IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D
Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX
nXos® are trademarks of IMAX Corporation. More information about
the Company can be found at www.imax.com. You may also connect with
IMAX on Facebook (www.facebook.com/imax), Twitter
(www.twitter.com/imax) and YouTube
(www.youtube.com/imaxmovies).
This press release contains forward looking statements that
are based on IMAX management's assumptions and existing information
and involve certain risks and uncertainties which could cause
actual results to differ materially from future results expressed
or implied by such forward looking statements. These risks and
uncertainties are discussed in IMAX's most recent Annual Report on
Form 10-K and most recent Quarterly Reports on Form 10-Q.
For additional
information please contact:
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Business and
Entertainment Media:
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Investors:
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IMAX Corporation –
New York
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IMAX Corporation –
New York
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Lindsey
Latham
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Michael K.
Mougias
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310-255-5563
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212-821-0187
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llatham@imax.com
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mmougias@imax.com
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SOURCE IMAX Corporation