Imax, Regal expand revenue sharing agreement

Deal includes installation of 10 additional theatres

Imax Corp. and Regal Entertainment Group have expanded the companies’ existing joint revenue sharing agreement to include the installation of 10 additional Imax theatres in the U.S.

“Imax is a key component in our strategy to offer premium moviegoing experiences to our customers and we’re pleased to announce another expansion of our relationship,” said Regal CEO Amy Miles. “To date, we have opened approximately 70 Imax theatres, further enhancing the variety of premium moviegoing options available to our patrons.”

Regal is the largest U.S. distrib with 6,621 screens in 524 locations in 37 states.

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