Sensio Technologies Inc SNIOF

RE:RE:IMAX Partnering w/ TCL. SIO involved?

[Sailor99]

I don`t think or believe that SIO has anything to do with that NR.

It`s strictly a joint venture between TCL and IMAX and to make it work IMAX bought a piece of PRIMA Cinema.
It`s a home system for very affluent people that does not want to mix with us commoners, the price tag is between $2 million and $2.5 million.
Russian Oligarchs, Saudi Kings, Chinese Officials, Hells Angels :-)), the Microsoft and Googles will be the customers.
They have a 2015 release for now and basically will show current releases in your home theatre with the help of Prima cinema security and will use an IMAX format.
Apparently they have or are trying one now.
If you read more NRs they will do and use mostly 4K.

Nothing to do with us, but it also shows how difficult it is to brake in to China, Imax has and will spend millions of dollars .
Imax has 800 screens worlwide and 200 in China with a goal of 400.
Not everything they show is 3D, combination of Imax format, 3D and now they`ll try 4K.
Way out of our league on this one.

By the way it`s the third deal TCL has done, the first two derrailed ,see what happens to this one.

There`s lots to read out there.

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By Richard Verrier

October 29, 2013,12:02 p.m.

  The Chinese TV-set manufacturer thatto the venerable Grauman's Chinese Theatre in Hollywood is partnering with Canadian big-screen companyImax Corp.to make a premium home theater system.

TCL Multimedia Technology, part of China-based multinational TCL Group, announced a joint venture with Imax to develop and manufacture a 4K home theater system that will incorporate Imax's projection and sound technology.

The companies expect to launch the new system in China and select other markets in 2015.

20px Georgia, "Times New Roman", Times, serif; margin: 10px 0px; padding: 0px; text-align: left; color: rgb(0, 0, 0); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-size-adjust: none; font-stretch: normal; background-color: rgb(255, 255, 255); -webkit-text-stroke-width: 0px;"> ON LOCATION: Where the cameras roll

On Monday, the Imax announcedit was buying a stake in Prima Cinema, a San Diego-area based provider of home theater systems that allows consumers to watch movies in their homes when they are released in theaters.

Imax recently launched its own line of ultra-high-end home theaters priced at $2.5 million.

20px Georgia, "Times New Roman", Times, serif; margin: 10px 0px; padding: 0px; text-align: left; color: rgb(0, 0, 0); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-size-adjust: none; font-stretch: normal; background-color: rgb(255, 255, 255); -webkit-text-stroke-width: 0px;"> "Our recent introduction of the cinema-grade Imax Private Theatre, the partnership with Prima and, now, our joint venture with TCL, are all part of our carefully designed effort to expand the Imax brand to additional platforms,'' Imax CEO Richard L. Gelfond said in a statement.

' as='one' of='the' fastest-growing='and' most='innovative' players='in' the='world' entertainment='technology' marketplace,='with' a='strong' expertise='in' display='and' manufacturing,='TCL' is='an' ideal='partner' to='help' us='change' people='around' experience='their' favorite='content' in='the' home='environment,' font:='14px'>

20px Georgia, "Times New Roman", Times, serif; margin: 10px 0px; padding: 0px; text-align: left; color: rgb(0, 0, 0); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-size-adjust: none; font-stretch: normal; background-color: rgb(255, 255, 255); -webkit-text-stroke-width: 0px;"> For TCL, one of the largest consumer electronics groups in the world, the partnership further cements its ties to Hollywood. In January, the company paid $5 million for the right to put its name on the former Grauman's Chinese Theatre, where Imax recently installed a giant screen.

/www.latimes.com/entertainment/news/la-et-hollywood-backlot-moments-pictures,0,172976.photogallery" style="color: rgb(34, 98, 204); font-weight: normal; text-decoration: none;" rel="noindex nofollow" target="_blank">PHOTOS: Behind the scenes of movies and TVspan>

20px Georgia, "Times New Roman", Times, serif; text-align: left; color: rgb(0, 0, 0); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; float: none; display: inline !important; white-space: normal; font-size-adjust: none; font-stretch: normal; background-color: rgb(255, 255, 255); -webkit-text-stroke-width: 0px;">The joint venture's board will consist of representatives from both companies, with Imax Chief Business Development Officer Robert D. Lister serving as chairman.

20px Georgia, "Times New Roman", Times, serif; margin: 10px 0px; padding: 0px; text-align: left; color: rgb(0, 0, 0); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-size-adjust: none; font-stretch: normal; background-color: rgb(255, 255, 255); -webkit-text-stroke-width: 0px;"> Based in Toronto, Imax has 785 theaters in 55 countries with officers in New York, L.A., London, Tokyo and Shanghai.

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https://www.ctvnews.ca/business/imax-teams-with-tcl-to-manufacture-in-home-theatre-systems-in-china-1.1519729