Imax Expanding In China With Revenue-Sharing Deal
China will get 15 more Imax theaters under a revenue-sharing agreement between Imax and Korea’s CJ CGV Holdings. The first of the theaters will be installed this year, with the other 14 set for completion between 2013 and 2017. The agreement makes CJ CGV the second-largest Imax exhibitor in Asia and the fourth-largest in the world. “CJ CGV has proven an excellent exhibition partner for Imax in the Asia Pacific region, and we are delighted to continue working with them as they expand their network in China,” said Imax China’s recently hired CEO Jiande Chen. CJ CGV operates South Korea’s largest multiplex cinema chain with 655 screens at 81 sites nationwide.
Arab Spring Entries Flood In For Dubai Film Fest
This year the Dubai International Film Festival is sifting through a large selection of submissions that reflect the Arab Spring. The festival said that overall it received more than 1,700 shorts, features and documentaries from 106 countries. They include films from Egypt, Tunisia, Libya and Syria — all of which have been part of this year’s wave of demonstrations and uprisings in the Middle East. The largest contributor of films this year was India, followed by France, Iran, then Egypt and the U.S. Programmers will announce the final selection in the coming weeks. The Dubai fest is set to run Dec. 7-14.