Imax signs deal for 3 screens in Japan

Seibu Group to operate theaters

TORONTO — Large-format film and theater company Imax Corporation has signed a deal to put three 3-D Imax theater systems in Japan.

The theaters will be operated by the tourism and recreation conglomerate Seibu Group. The first theater, scheduled to open in January 2001, will be located in Nagano; the other two, skedded for spring 2002, will be in Tokyo. Industry sources say the deal is worth about $10 million.

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