IMAX to open 75 more theaters in China
IMAX Corp. announced plans Thursday to open 75 more theaters in China within four years in partnership with Wanda Cinemas, the country's largest theater operator, underscoring the Chinese movie industry's rapid expansion.IMAX, known for its large format film technology, has 45 theaters open in greater China.
China agreed on Friday to open its market to more American movies, in a dramatic Hollywood ending to a week-long visit by China's leader-in-waiting that produced billions of dollars in business deals.