Imax (IMAX) and Cinemark (CNK) announced an agreement spanning 17 Cinemark locations in the United States and South America, bringing new Imax with Laser and IMAX 70mm film systems to the Cinemark network. Under the terms of the agreement, Cinemark will: add four new IMAX with Laser systems in the United States and actively explore one additional location in South America; upgrade twelve systems to Imax with Laser, making the entirety of Cinemark’s U.S. Imax footprint Imax with Laser; activate three additional Imax 70mm film projection systems.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IMAX:
