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Universal Pictures And IMAX® Reach Multi-year, Global Blockbuster Slate DealLOS 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 About IMAX Corporation 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.
View original content to download multimedia:http://www.prnewswire.com/news-releases/universal-pictures-and-imax-reach-multi-year-global-blockbuster-slate-deal-300716084.html SOURCE IMAX Corporation |