Imax swung to a $2.6 million profit last quarter on higher revenue thanks to strong film performance and its growing worldwide theater network.
Hong Kong cinema is legendary the world over, famous for its depiction of gangsters, its gritty urban dramas, its tales of destiny and revenge, laced with chopsocky and humor.
Former Paramount Intl. prexy Andrew Cripps has been tapped Imax president of operations in Europe, the Middle East and Africa.
In the first major deal to deploy what is expected to be the next major advance in theatrical projection, Imax has stuck an exclusive licensing deal with Kodak for laser projection.
Imax has named Jiande Chen as CEO of Imax China, a wholly owned subsidiary of the Imax corporation.