Canadian entertainment firm Imax
intends to expand its presence in Saudi Arabia, according to CEO Rich Gelfond.
's first-quarter financial results didn't live up to everyone's expectations.
With that in mind, IMAX
has brought IMAX
Private Theatre to the Gulf.
New to IMAX
will be The Incredible Hulk, Iron Man and Captain America: The First Avenger.
The first IMAX
screen has already opened in Riyadh, at Vox's four-screen multiplex.
The first Imax
theatre has opened at Vox Cinemas' new four-screen multiplex in Saudi Arabia at Riyadh Park Mall.
Under a non-exclusive MOU signed on the sidelines of the Cannes International Film Festival, the GCA and Imax
will look for opportunites to help Saudi studios and directors release films with cross-border appeal and eventually tap Imax
's global distribution platform to export their films to non-Arabic markets, as per media reports.
CANNES: Saudi Arabia's General Culture Authority and the IMAX
Corporation announced Saturday morning at the Saudi pavilion at the 71st Cannes Film Festival their plans to develop IMAX-format films to be produced within Saudi Arabia.
Under a non-exclusive Memorandum of Understanding (MOU), GCA and IMAX
will jointly seek opportunities to help Saudi studios and directors release films with cross-border appeal and eventually tap IMAX
's global distribution platform to export their films to non-Arabic markets.
New Delhi [India], Feb 13 ( ANI ): IMAX
Program, a personalised education start-up that serves over 800 schools and 300,000 students across India, has raised USD 13.5 million, focused on providing curriculum services to K-12 schools in India.
The Odeon chain's aim was to create its own alternative screen to rival IMAX