Imax Corp. signed an agreement with Wanda Film Holding in China to upgrade and expand more screens. China is the former's second largest market by sales. Imax is known for its giant screen, and Rich Gelfond, the company's CEO, said in an interview that Imax will open as many as 25 new locations in China in the next three years and renovate or refurbish 100 existing sites for longer periods. Meanwhile, Gelfond expects that more Hollywood movies will be released in China this year, exceeding the 41 films shown last year, and 25 films in 2022.
Imax扩张中国市场 预期上映更多好莱坞电影
Imax expands in the Chinese market and expects to release more Hollywood movies.
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