×
You will be redirected back to your article in seconds

IMAX Expands Theaters Deal With Shanghai Film Corp.

Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25.

The theaters are destined to be added to new construction projects in Shanghai and Beijing.

“We believe these complexes at premium sites in top-tier cities will win the favor of moviegoers and stabilize our leading position in China’s exhibition industry,” said Yang Wenhong, vice chairman of SFC.

“In 2014, our Chinese box office grew by approximately 40% compared to 2013. We attribute much of our success to the strength of strategic relationships, such our partnership with SFC that has supported our brand and growth in China for over a decade,” said IMAX CEO Richard Gelfond in a statement.

Shanghai United Circuit, a subsidiary of SFC, is one of the leading theater chains lines in China. It has over 220 affiliate complexes in 23 provinces with over 1,200 screens and 16 Imax screens. In 2014, SUC had gross B.O. of $370 million (RMB 2.27 billion) for a 7.7% share of total China revenues.

More Biz

  • Harvey Weinstein Perp Walk NYC

    Manhattan D.A. Accuses Weinstein Lawyer of Seeking a 'Public Circus'

    Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25. The theaters are destined to be added to new construction projects in Shanghai and Beijing. “We believe […]

  • WCPG Agency Opens Los Angeles Branch

    WCPG Agency Opens Los Angeles Branch

    Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25. The theaters are destined to be added to new construction projects in Shanghai and Beijing. “We believe […]

  • Columbia's Ayelet Schiffman Headed to Island

    Columbia's Ayelet Schiffman Headed to Island Records (EXCLUSIVE)

    Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25. The theaters are destined to be added to new construction projects in Shanghai and Beijing. “We believe […]

  • Beverly Hilton Wanda Group Hotels Battle

    China’s Wanda Sells Prominent Beverly Hills Property

    Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25. The theaters are destined to be added to new construction projects in Shanghai and Beijing. “We believe […]

  • Fairfax Media signage outside the Fairfax

    Australia's Fairfax Media Shareholders Approve Nine Entertainment Takeover

    Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25. The theaters are destined to be added to new construction projects in Shanghai and Beijing. “We believe […]

  • STAR WARS-THEMED LAND MODEL AT D23

    John Williams to Compose New 'Star Wars' Music for Disney Parks Attractions

    Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25. The theaters are destined to be added to new construction projects in Shanghai and Beijing. “We believe […]

  • Fox Sports NFL Sunday

    AT&T Sets Broad Carriage Renewal Pact With Fox Networks Group

    Shanghai Film Corporation, one of China’s largest vertically integrated movie groups, is to install two further Imax screens. The new screens are in addition to the 19 it already has on order and will lift SFC’s total commitment to 25. The theaters are destined to be added to new construction projects in Shanghai and Beijing. “We believe […]

More From Our Brands

Access exclusive content