Imax and AMC to add 25 theatres to their revenue sharing deal

Imax Corp. and AMC Theatres said Wednesday they have agreed to expand their revenue sharing deal with the addition of 25 Imax at AMC theatres. The new theatres are expected to be installed through 2019 at new and existing AMC locations in cities including New York, Los Angeles and Houston, the companies said in a statement. AMC will have 185 Imax at AMC theatres, making it the biggest Imax exhibitor in the U.S. Neither stock was trading premarket.

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From:: Stock Market News

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