Canadian theaters kick off $300 mil expansion
Leading Canadian exhibition company Famous Players, a subsidiary of Viacom, has announced the location of five new Imax and Imax 3-D theaters across Canada.
The theater openings are part of a previous agreement between the two companies in which Famous Players is to build 10 Imax theaters over the next four years at new and existing Famous Players theaters across Canada.
The initiative is part of Famous Players’ $300 million national expansion, the largest in the company’s 78-year history.
Two to open
Famous Players will open two 3-D Imax theaters Dec. 18. One will be located at the new 18-screen theater complex Colossus in Toronto (previously announced) and the other at Silver City (undergoing expansion to 18 screens) in Richmond, B.C.
Famous Players will open four Imax theaters in May 1999 as part of multiplex commercial venues. Locations include: the Coliseum, Mississauga; Silver City, Edmonton; Famous Players, Montreal; and the Paramount in Festival Hall, Toronto (previously announced).
Opening July 1999 is the Colossus in Langley, B.C., as part of an 18-screen multiplex.