IMAX Corporation (NASDAQ: IMAX; TSX: IMX) today announced that Gaumont Pathé Movie Theatres (EuroPalaces), the leading exhibitor in France and one of the most prominent exhibitors in Europe, has signed an agreement to install four new IMAX digital theatre systems at premier EuroPalaces locations in Paris/Périphérie, and three regional cities throughout France.

The new locations will be structured as joint ventures between IMAX and the exhibitor, with each location scheduled to be installed at the end of June 2010.

The deal was signed following the success of EuroPalaces' Gaumont Disney Village IMAX theatre in Paris, which was recently upgraded with an IMAX digital projection system, as well as the success of the exhibitor's three IMAX joint venture theatres in The Netherlands which operate under the Pathé theatre circuit in the cities of Amsterdam, Rotterdam and Eindhoven. With these four new theatres, EuroPalaces will operate a total of eight IMAX theatre systems with three in The Netherlands and five in France.

Richard L. Gelfond, Chief Executive Officer of IMAX, made the announcement at a press conference this morning in Paris at the Ritz Paris.

"Our IMAX theatres in France and The Netherlands have increased admissions in each of the complexes where they are located, demonstrating firsthand that consumers are seeking out The IMAX Experience as the best way to see a movie," said Franck Lebouchard, Managing Director of EuroPalaces. "It is clear to us that there is a strong demand for The IMAX Experience in France, particularly with the new catalog of movies (Harry Potter, Avatar, Alice in Wonderland)."

"We are pleased to be expanding our partnership with EuroPalaces, one of the most prominent and respected exhibitors in Europe, which increases our availability to consumers, provides a larger platform for great films and builds on the momentum and the overall growth of the IMAX network in the region," said Mr. Gelfond. "Our digital projection system continues to gain traction worldwide, and we believe EuroPalaces' increasing stake in the IMAX business will fuel even more interest from other exhibitors in other markets
in Europe and around the world. We're looking forward to continued success with them as we enter this joint venture partnership and expand our relationship."

"Gaumont and Pathé are brands that are associated with top-notch multiplexes, which makes them an ideal joint venture partner for IMAX," added Julian Stanford, IMAX's general Manager Theatre Development for Europe, Middle East and Africa. "We're both committed to delivering the best movie experiences and with these new locations more people in France will be able to experience the world's greatest movies in the most powerful and immersive way."

IMAX's digital projection system delivers The IMAX Experience and helps drive profitability for studios, exhibitors and IMAX theatres by eliminating the need for film prints, increasing program flexibility and ultimately increasing the number of movies shown on IMAX screens. The system can run both IMAX and IMAX 3D presentations.

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Burbank, California - GDC Technology ("GDC"), a world leading digital cinema solution provider, announced today an exclusive server deal with Starplex Cinemas, a leading US cinema chain based in Dallas, Texas. The agreement involves the deployment of 99 GDC servers and installation has been scheduled to commence in Q2 of this year. As part of Cinedigm's Phase 2 digital cinema deployment program, GDC servers will be integrated with Series 2 DLP Cinema® projectors supplied by Barco. Participating theatres will become part of Cinedigm CertifiedTM digital cinema network.

As a chain operator that runs a traditional cinema business, Starplex Cinemas currently operates 21 theatres with 208 screens in the states of Texas, Oklahoma, Washington, Florida, Indiana, Illinois, Ohio and California. With new theatres soon to be added in Kingwood and Lake Worth, Texas, the total number of screens will reach 236 this year. Steve Holmes, CEO of Starplex Cinemas, remarked: "Starplex Cinemas is pleased to announce our partnership with GDC Technology. Starplex went through an extensive testing period with GDC Technology and feels confident it will support the current and future demands of digital projection. We will introduce GDC Technology in 9 of our current locations, and we look forward to our future success with the implementation of GDC."

Bill Knight, Director of Construction and Technical Services for Starplex Cinemas, said: "It is a great pleasure to announce GDC as our digital server provider. GDC is a leader in the digital server field and are consistently making cutting edge technological advances. We have been through a thorough trial period and GDC has been proactive in resolving any issues. I feel confident it will be a seamless digital deployment now and in the future. Thanks to Annie Wang and Paul Marcot, we have gained the upmost confidence in not only the GDC product, but also the GDC team."

"This partnership with Starplex Cinemas represents a major step forward in growing GDC's presence in the US market," said Dr. Man-Nang Chong, founder and CEO of GDC Technology. "We are delighted that after an extensive test trial, Starplex Cinemas gave us the thumbs up and chose GDC for their digital cinema deployment. GDC is fast gaining traction in North America and we are confident we will maintain this momentum as more exhibitors here begin to realize GDC's many advantages over others."

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Beverly Hills, California - RealD Inc. ("RealD"), a leading global licensor of 3D technologies, announced that it filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") for a proposed initial public offering of its common stock. The shares in the offering will be offered by RealD and certain selling stockholders. RealD intends to apply to list its common stock on The New York Stock Exchange under the ticker symbol "RLD."

J.P. Morgan Securities Inc. and Piper Jaffray & Co. will act as joint book-running managers for the proposed offering. The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from J.P. Morgan Securities Inc.; J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free at 1-866-803-9204; or from Piper Jaffray & Co., Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, Minnesota 55402, telephone: 1-800-747-3924 or by email:

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. The registration statement on Form S-1 may be accessed through the Securities and Exchange Commission's website at

This press release is for informational purposes only and shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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Source: Variety

Director Craig Brewer (Hustle & Flow) will reportedly helm Footloose for Paramount.


The remake has suffered its share of setbacks. Director Kenny Ortega (High School Musical 3: Senior Year) left the project, and both Zac Efron and Chace Crawford (Gossip Girl) decided not to take on the lead role.

The original 1984 film starred Kevin Bacon, and it grossed a whopping $80 million domestically. That equates to around $178.5 million when adjusting for inflation.

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Offering the latest in cinema seating, full restaurant dining and 100% Sony 4K digital projection, Hollywood Theaters is fast becoming one of the heavy weights of the cinema exhibition industry. Dedicated to bringing the latest in cinema technology and services to their customers, Hollywood Theaters selected Vista as the operating system for their new cinema concept, at their SouthGlenn Theater in Centennial, Colorado.

As well as installing Vista Box Office and Concessions, Hollywood Theaters has elected to utilize the Vista CashDesk, Kiosk modules and Food and Beverage modules. The Vista CashDesk module provides Hollywood Theaters with a way to more tightly control cash and other valued items such as Gift Cards, Vouchers and Coupons.

Hollywood Theaters has installed 8 kiosks at the SouthGlenn Theater. Kiosks, utilising Vista Kiosk software, are a great way to increase sales and provide customers with an alternate means of ticket and concession purchase (?) or pick up. With customisable seating plans and the ability to display customized graphics beside session times, kiosks are proving to be very popular with Hollywood Theaters' customers.

The new SouthGlenn site is a new cinema concept for Hollywood Theaters. Not only does the site feature 100% reserved and premium balcony seating, the highlight has to be the full service restaurant and bar located in the heart of the complex. The SkyboX Bar & Grill is a full service restaurant and bar that provides customers with a relaxing environment to enjoy a meal before their movie. Patrons are also able to experience in-theater service in the Premiere Cinema balcony seating areas (available in 6 of the 14 auditoriums), where their food and beverage orders are brought to their seats.

Hollywood Theaters' SouthGlenn Stadium 14 cinema went live in November 2009, with Vista representatives from our Los Angeles office assisting with the installation.

For more information on Hollywood Theaters, please click here.

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