The first of the new theatres open Saturday in two cities, Chongqing and Taiyuan, with the rest expected to open by the end of 2021. IMAX is planning 14 new laser theatres in China which will be used to anchor shopping malls across the country. Its Shanghai subsidiary Imax China went public on the Hong Kong Stock Exchange in 2015. The company’s new deal will bring the total number of Imax theatres in China to 900, Gelfond said. The new Imax theatres will be among the first to use the company’s new laser screening technology, which offers crisper and more vivid images, and more immersive sound than conventional theatres.

Source: thestar September 11, 2018 18:33 UTC