TORONTO (Reuters) — IMAX, the giant-screen movie-maker, said Friday it signed a deal to install digital projection systems at 100 AMC Entertainment multiplex theaters in the United States.
It said the first 50 will begin in July 2008, with the rest scheduled for roll-out over the following two years of the joint venture.
Mississauga, Ontario-based IMAX, whose shares are 25% off March peaks, said the deal is projected to double its commercial footprint in North America.
Kansas City, Missouri-based AMC, which filed for an initial public offering in September, operates 358 theaters with 5,128 screens in six countries.
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