IMAX adds 35 theaters in Korea, China

By Brent Lang LOS ANGELES (TheWrap.com) - IMAX will add 35 new theaters in China and South Korea as part of a joint venture with South Korean theater chain CJ CGV Holdings, the companies said Monday. The deal substantially increases the big screen company's presence in Asia, which has become a key driver of box office revenue. Last year, China surpassed Japan to become the second largest market for movies in the world. Analysts predict that by 2020, it may eclipse the United States as the dominant source of box office revenue. ...



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