IMAX Corporation

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IMAX Pictures Corporation
Type Public
(NYSEIMAX, TSXIMX)
Industry Film and movie theatres
Genre 3D film[1]
Predecessor(s) Multi-Screen Corporation, IMAX Systems Corporation
Founded 1968 in Montreal, Quebec, Canada
Founder(s) Graeme Ferguson, Roman Kroitor, Robert P. Kerr, William Shaw[2]
Headquarters Mississauga, Ontario, Canada
Area served Worldwide
Key people Bradley Wechsler (Chairman)
Richard Gelfond (CEO)
Products Film and movie theatres
Revenue increase US$106 million (FY 2008)[3]
Operating income decrease US$-15.8 million (FY 2008)[3]
Profit decrease US$-33.6 million (FY 2008)[3]
Total assets increase US$229 million (FY 2008)[4]
Total equity decrease US$-96.8 million (FY 2009)[4]
Owner(s) IMAX, LLC. (1968-present)
Universal Studios (1997-2010)
Employees ~550[5]
Divisions IMAX DMR, IMAX Dome, OmniIMAX
Subsidiaries Ridefilm Corporation, Sonics Associates, David Keighley Productions[6]
Website www.imax.com

IMAX Corporation (also known as IMAX or IMAX Filmed Entertainment) or even IMAX Pictures and/or IMAX Pictures Corporation (NYSEIMAX; TSXIMX) is an American and Canadian theatre company which designs and manufactures IMAX cameras and projection systems as well as film development, production, post production and distribution to IMAX affiliated theatres worldwide. It was founded in 1968 as a result of Expo 67 in Montreal. It holds operations in Toronto, as well as New York City and Los Angeles. IMAX is also the owner of 3D entertainment.

As of September 2010, the IMAX theatre network consisted of more than 445 theatres (IMAX, IMAX 3D and IMAX Dome) in more than 47 countries.[7] The majority are equipped with IMAX 3D.[8] According to a Yahoo Finance online article, Sony may be interested in acquiring the movie theatre chain within a said time however, there has not been any official statements between representatives from Sony or IMAX, the shares of IMAX had soared because of this rumour.[9]

Contents

[edit] 3D Television Network

On January 5, 2010, IMAX announced a joint venture partnership with Sony and Discovery Communications to develop the first 24/7 dedicated 3D television network in the US. Sony, through its U.S. affiliate, Sony Corporation of America, Discovery Communications, and IMAX each were equal partners in the venture. The new 3D network planned to feature content from suitable genres, including natural history, space exploration, adventure, engineering, science and technology and motion pictures. Children's programming from Discovery, Sony Pictures Entertainment, IMAX and other third-party providers would be shown.[10]

[edit] 3D Entertainment

Founded in 2001 and owned by IMAX, 3D Entertainment Distribution is the marketing and theatrical sales arm of 3D Entertainment Films. Affiliates of 3D Entertainment Films Holdings, the companies are focused on the production, postproduction, sales and theatrical distribution of innovative 3D films for IMAX theatres and Digital 3D cinemas worldwide.

[edit] References

[edit] External links


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