Imax will install two more Imax MPX giant screen theater systems for Indian exhibitor Sathyam Cinemas.
Sathyam now has four Imax theaters skedded for its multiplexes.
Two theaters will roll out in the flagship Chennai location in 2006 and 2008, with the other locations to be decided. There will be 11 Imax theaters in India by 2008.
“Indian moviegoers are paying a premium ticket price for blockbusters in Imax’s format, and we’ve been very impressed with the recent films’ grosses in Hyderabad and Mumbai,” said Kiran Reddy, managing director of Sathyam Cinemas.