SHANGHAI, Jan. 7, 2019 /PRNewswire/ -- IMAX China Holding, Inc.
(HKSE:1970) today announced that Paramount Pictures' Bumblebee grossed ¥43 million ($6.1
million) in 587 IMAX theatres this weekend, representing one of the company's best January performances. IMAX's share of
the total box office was more than 10% of all receipts for the film.
Additionally, the strong performance of Hollywood titles such as
Paramount's Bumblebee and DC/Warner Bros. Pictures' Aquaman and Sony/Marvel's Venom propelled
the IMAX China box office to an increase of 40 percent over the last two months compared to last year (November 3, 2018-January 3, 2019).
"Closing out the year so strongly and kicking off 2019 with such a solid start from Bumblebee across
IMAX® theatres, is an encouraging reflection of our company's performance in China," said
Jiande Chen, CEO, IMAX China. "We continue to offer consumers a differentiated entertainment
experience, translating the filmmaker's vision like no one else can."
IMAX ended 2018 with a record December box office led by Aquaman which reached ¥186.48 million ($27.23 million) and marked the biggest selling IMAX title in China among all
titles released in the fourth quarter. IMAX's share of the total box office was nearly 10% of the film's total receipts in
China.
IMAX China also confirmed its intention to program its theatre network over Chinese New Year with Crazy Alien, which is
directed by Ning Hao and stars China's most popular A-list actors
Huang Bo and Shen Teng. The film is co-produced by Huan Xi Media,
Dirty Monkey, Enlight Media and Khorgas Happy Picture Co.,Ltd.
About IMAX China
IMAX China is a subsidiary of IMAX Corporation, and is incorporated under the laws of Cayman
Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business
throughout Greater China. IMAX China trades on the Hong Kong Stock Exchange under the stock code
"HK1970."
About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create
experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are
utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX's network is
among the most important and successful theatrical distribution platforms for major event films around the globe.
IMAX is headquartered in New York, Toronto and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2018, there were
1,443 IMAX theatre systems (1,346 commercial multiplexes, 13 commercial destinations, 84 institutional) operating in 79 countries
and territories. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp.,
began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."
IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The
IMAX Experience® and IMAX nXos® are trademarks of IMAX Corporation. More information about the
Company can be found at www.imax.com. You may also connect with
IMAX on Facebook (www.facebook.com/imax ), Twitter
(www.twitter.com/imax ) and YouTube (www.youtube.com/imaxmovies).
SOURCE IMAX China