Now Showing Down Under
IMAX and Hoyts Cinemas to Install Theatres in Australia IMAX Corporation and Australian exhibitor Hoyts Cinemas have announced a joint venture agreement to put four IMAX theatres in the cities of Perth Melbourne and Sydney. The deal marks IMAX’s first international joint venture featuring the company's new IMAX digital system and doubles IMAX's footprint in Australia. To date IMAX has signed contracts for more than 180 IMAX digital theatre systems with approximately 50 scheduled to be installed by the end of 2008.