Imax enters Guatemala, Costa Rica

Theater co. brings its big screens to Latin America

TORONTO — Large-screen theater company Imax has inked a deal with Latin American media and entertainment companies Circuito Alba and Repretel to bring the first Imax systems to Guatemala and Costa Rica.

“Latin America is a relatively untapped market where we have the opportunity to expand into many other countries across the region, and these deals underscore that potential,” said Imax co-chairmen and co-CEOs Rich Gelfond and Brad Wechsler.

The systems will be located in Guatemala City and San Jose. Imax already has theaters in Ecuador and Mexico, and a deal was signed in 2003 to open an Imax theater in Chile.

The Guatemala City theater, part of a nine-screen multiplex, is expected to be open by the end of the year. The San Jose theater, whose location has yet to be announced, is skedded to open in 2006.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Digital News from Variety