CYPRESS, CA -- Christie®, the world leader in digital cinema projection, will celebrate the official opening of its new China manufacturing facility in Shenzhen on November 3rd, with key customers, suppliers and officials in attendance. The facility has been operational since late spring of 2010, assembling and shipping Christie CP2220 DLP Cinema® projectors. Grand opening celebrations will recognize the contributions of the company's vibrant and highly skilled workforce, many of whom are drawn from the highly educated and talented pool in Shenzhen.

"We are very proud to be celebrating our official opening. With over 85,000 sq. ft. of space, the Shenzhen facility is more than three times larger than we had originally planned for. It represents a dramatic and successful increase in our production goals to address accelerating demands for Christie projectors," says Ihor Stech, Christie's Vice President of Operations. "More importantly, it is a testament to the ‘can do' spirit of Christie's exceptionally dedicated operations and engineering team. They are to be commended for transforming what was an empty industrial space into a world class, high-tech manufacturing facility in a compressed time frame."

Responsible for global manufacturing, Gerry Remers, President and COO of Christie Digital Systems Canada Inc., notes that, to maintain Christie's commitment to quality, the equipment, assembling techniques, and all manufacturing processes in Shenzhen are exactly the same as those of Christie's North American plant. "In addition, the staff is among the best trained in the world, using the same manufacturing principles and processes that have earned Christie's digital projectors numerous industry awards and the unwavering trust of the exhibition community," he says.

Stech cites the important role played by the facility's new General Manager, Ms. Kening Zhang, who draws upon more than 10 years experience at Christie both in North America and Asia. "Ms. Zhang's strong negotiating, sourcing, manufacturing and engineering expertise are important factors in the facility's continued success. As well, she is able to inspire innovation, continuity and a commitment to quality in this new vibrant team," Stech says.

Shenzhen is one of the country's top industrial centers and a technology hub. The Christie Shenzhen facility is strategically located to benefit from its proximity to Hong Kong, whose ports are among the largest in the world. Projectors can quickly be deployed throughout the Asia Pacific markets, as well as the EMEA regions and around the world. Christie SolariaTM series of 4K-ready DLP Cinema projectors feature Texas Instruments' (TI) (NYSE: TXN) next generation Series 2 DLP Cinema technology.


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LOS ANGELES -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that it and approximately 160 of its affiliates have filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York (the "Court") to seek confirmation of their "pre-packaged" plan of reorganization ("Plan").

MGM has sufficient cash on hand, and the consent of its lenders to use this cash, to fund normal business operations throughout the Chapter 11 process. MGM has filed "first-day" motions seeking immediate Court approval to continue paying its employees, vendors, participants, guilds and licensors in the ordinary course of business during the entire Chapter 11 process, for both pre-petition and post-petition obligations. MGM anticipates that the Plan will be confirmed by the Court in approximately 30 days.

As previously announced on October 29, 2010, MGM's secured lenders, voting in the Company's solicitation process, overwhelmingly approved the proposed plan of reorganization. After considering a range of strategic alternatives over the course of the last 15 months, MGM and its secured lenders determined this plan will allow the Company to emerge as a stable enterprise with new leadership at the helm to move MGM forward.

The Plan provides for the Company's secured lenders to exchange more than $4 billion in outstanding debt for most of the equity in MGM upon its emergence from Chapter 11.

Following the receipt of the requisite consents from its lenders for the Plan, the Company and certain significant consenting debt holders continued efforts to reach agreement with several affiliates of Carl Icahn, which directly or indirectly hold significant MGM debt, regarding the Icahn entities' support of the Plan. The Company, several Icahn entities, and certain significant consenting debt holders reached agreement regarding certain immaterial modifications to the transaction documents that are exhibits to the Plan. Subject to Bankruptcy Court approval, the transaction documents will be modified with respect to certain corporate governance provisions and to eliminate the contribution of assets by Cypress and Garoge, two affiliates of Gary Barber and Roger Birnbaum, and the receipt of stock in reorganized MGM by these entities. Based on these modifications, Mr. Icahn will support the Company's Plan. Under the Plan, Messrs. Barber and Birnbaum, currently co-Chairman and Chief Executive Officer of Spyglass Entertainment, will serve as co-Chief Executive Officer of MGM Holdings Inc. and as co-Chairman and co-Chief Executive Officer of the primary operating subsidiary of MGM Holdings Inc. In addition, Messrs. Barber and Birnbaum will serve as members of the board of directors of MGM Holdings Inc., along with seven lender appointees, including several independent directors.

"For many months, we have been working with our lenders to explore the strategic options available to MGM to improve MGM's financial position and maximize the Company's value," said Co-Chief Executive Officer Steve Cooper. "By sharply reducing MGM's debt load and providing access to new capital, the proposed plan of reorganization achieves these goals. Having received approval through our recently completed solicitation process, we are pleased that the lenders support MGM's approach. We now look forward to quickly emerging from Chapter 11."

Gary Barber and Roger Birnbaum said, "MGM is emerging from one of the most challenging periods of its storied history. We are honored and inspired at the prospect of leading one of Hollywood's most iconic studios into its next generation of unforgettable filmmaking, global television production and distribution, and aggressively pursuing, developing and exploiting new digital entertainment platforms."

Upon its exit from bankruptcy, MGM expects to raise approximately $500 million in financing to fund operations, including production of a new slate of films and television series. MGM will retain ownership of all of its assets.

The Company's restructuring counsel are Skadden, Arps, Slate, Meagher & Flom LLP and Klee, Tuchin, Bogdanoff & Stern LLP and its restructuring advisor is Zolfo Cooper.


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Toronto, ON -- Cineplex Entertainment today announced UltraAVXTM will be offered in 11 cinemas across Canada by December 17, 2010. Beginning November 5, guests can experience a movie in UltraAVX at SilverCity Brampton Cinemas and SilverCity Mississauga Cinemas. Guests at Coliseum Scarborough Cinemas will have to wait an extra day as UltraAVX opens November 6, 2010.

UltraAVX will then open November 19, 2010 at Coliseum Ottawa Cinemas and in late November at Galaxy Cinemas Chilliwack. Scotiabank Theatre Montreal and Scotiabank Theatre Toronto guests will also be able to enjoy UltraAVX in time for the holidays. A complete list of UltraAVX locations is available below. Additional UltraAVX auditoriums are planned to open across Canada in 2011.

UltraAVX features wall-to-wall screens that are significantly larger on average than our traditional screens. Adding to the experience is a superb digital surround sound system utilizing the latest in Dolby Digital sound technology. Christie Solaria 2230 DLP Cinema® projectors provide a superior digital presentation projecting visually stunning, crystal clear images onto the big screen. The system is further enhanced with the addition of RealD 3D technology enabling us to also present the latest 3D movies. Guests will love the new reserved seating option especially when they settle in to the extra wide high back rocker seats.

Now Open:
Cineplex Odeon Queensway Cinemas, 1025 The Queensway, Toronto, ON
Cineplex Odeon North Edmonton Cinemas, 14231-137th Avenue NW, Edmonton, AB
Cineplex Odeon South Edmonton Cinemas, 1525-99th Street NW, Edmonton, AB
SilverCity CrossIron Mills Cinemas & XSCAPE Entertainment Centre, 261055 CrossIron Boulevard, Rocky View (Calgary), AB

Opening November 5, 2010:
SilverCity Brampton Cinemas, 50 Great Lakes Drive, Brampton, ON
SilverCity Mississauga Cinemas, 3055 Vega Boulevard, Mississauga, ON

Opening November 6, 2010:
Coliseum Scarborough Cinemas, 300 Borough Drive, Toronto, ON

Opening November 19, 2010
Coliseum Ottawa Cinemas, 3090 Carling Avenue, Ottawa, ON

Opening Soon:
Galaxy Cinemas Chilliwack, 8249 Eagle Landing Parkway, Chilliwack, BC
Scotiabank Theatre Montreal, 977 rue Ste-Catherine Ouest, Montreal, QC
Scotiabank Theatre Toronto, 259 Richmond Street W, Toronto, ON

"Cineplex Entertainment strives to offer our guests the best possible entertainment experiences available when they enter our theatres," said Pat Marshall, Vice President, Communications and Investor Relations, Cineplex Entertainment. "Guests love UltraAVX and these auditoriums have been selling out regularly in every location where they are available, it seems we cannot add them fast enough. Guests have raved about the enhanced sight and sound experiences and love the ability to reserve their seats in advance."

There is a great lineup of films playing now and leading into the holiday season, which we encourage you to experience in UltraAVX. Advance tickets are now on sale for Harry Potter And The Deathly Hallows Part 1, which opens November 19, 2010. For more information or to purchase tickets and get your reserved seat in an UltraAVX auditorium, please go to


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Los Angeles, CA -- IMAX Corporation (NASDAQ: IMAX; TSX: IMX), DreamWorks Animation and PDI/DreamWorks Production announce that Megamind, the animated film featuring the voice talent of Will Ferrell, Tina Fey, Jonah Hill, Brad Pitt and David Cross, will be released to digital IMAX® 3D theatres this Friday, November 5. The film will open on 195 IMAX 3D screens domestically, simultaneously with its North American wide release. The film will also open on approximately 30 international IMAX screens over the course of the run, nine of which will open this week, and the remaining opening day and date in their respective territories.

Megamind: An IMAX 3D Experience was originally rendered in 3D animation, and has been digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology for presentation in IMAX 3D. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique immersive environment that will make audiences feel as if they are in the movie.

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