IMAX® And Warner Bros. Sign 20-Picture Deal, Extend Long-Running
Partnership
LOS ANGELES, Nov. 15, 2012 /PRNewswire/ -- IMAX
Corporation (NYSE: IMAX; TSX: IMX) and Warner Bros. Pictures, a
division of Time Warner Inc. (NYSE: TWX), today announced that they
have agreed to release up to 20 Warner Bros. films in the immersive
IMAX Experience® over the next three years, in an extension of the
core partnership that began in 2003. The arrangement will continue
to align the worldwide box office power of Warner Bros.' tent-pole
film business with the fast-growing global popularity of The IMAX
Experience, providing the studio with an additional, differentiated
platform that consistently delivers the best experience in cinema
and strong returns for studios and exhibitors.
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The arrangement also underscores the excitement around Warner
Bros.' upcoming slate, which includes many of the most anticipated
movie-event titles emerging from Hollywood over the next few years. Warner
Bros. titles to be released for 2013 include: Jack the Giant
Slayer (March 1, 2013); Man of
Steel (June 14, 2013);
Pacific Rim (July 12, 2013); 300: Rise of an Empire
(August 2, 2013); Gravity;
Seventh Son (October 18,
2013); The Hobbit: The Desolation of Smaug
(December 13, 2013).
"Together with IMAX and our exhibitor partners, we have built a
unique, incremental distribution platform over the last 10 years,"
said Dan Fellman, President,
Domestic Distribution, Warner Bros. Pictures. "We are excited to
continue this tradition and offer these films to audiences in the
most premium of moviegoing experiences."
"The IMAX footprint continues to expand with tremendous success
around the world," said Veronika Kwan
Vandenberg, President, International Distribution, Warner
Bros. Pictures. "We are very pleased to be presenting our
2013 and future slate in this premium theatrical environment."
"Our longstanding partnership with Warner Bros. has resulted in
extraordinary experiences for IMAX audiences, and we're excited to
add these core additional titles to our upcoming film slate," said
Richard L. Gelfond, CEO of IMAX.
"The growing network of IMAX theatres around the globe continues to
enable all of our studio partners to deliver their films in a
uniquely immersive way, and provide moviegoers with a premium way
to experience the biggest movies."
"IMAX continues to have a deep appreciation for the Warner Bros.
team and its talented filmmaker collective as well as its
comprehensive approach to our industry," said Greg Foster, Chairman and President of IMAX
Filmed Entertainment. "We're confident that our continued
partnership with Warner Bros. on all levels – pre-production,
production, post production, marketing and distribution - will
greatly benefit our two companies, our exhibition partners and
moviegoers worldwide."
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 offices in
London, Tokyo, Shanghai and Beijing. As of Sept. 30, 2012, there were 689 IMAX theatres (556
commercial multiplex, 20 commercial destination and 113
institutional) in 52 countries.
IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D
Experience®, The IMAX Experience® and IMAX Is Believing® 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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Investors:
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Business Media:
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IMAX
Corporation – New York
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IMAX
Corporation – New York
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Teri
Loxam
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Ann
Sommerlath
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212-821-0110
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212-821-0155
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tloxam@imax.com
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asommerlath@imax.com
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Entertainment Media:
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Sloane
& Company – New York
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IMAX
Corporation – Los Angeles
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Whit
Clay
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Christine
Tasto
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212-446-1864
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310-255-5547
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wclay@sloanepr.com
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ctasto@imax.com
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Principal Communications Group – Los
Angeles
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Melissa
Zukerman/Paul Pflug
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323-658-1555
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melissa@pcommgroup.com
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paul@pcommgroup.com
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SOURCE IMAX Corporation