China

Imax Moves to Takeover Imax China

Thu, 07/13/2023 - 12:01 -- Nick Dager

Imax Corporation has filed a proposal to acquire the outstanding 96.3 million shares in Imax China, a Hong Kong-listed subsidiary established by Imax Corporation to oversee its business in Greater China. The deal is worth roughly $124 million. The offer represents an approximate 49 percent premium to the 30-trading day average closing price. Upon approval of the offer, Imax Corporation will own 100 percent of Imax China.

Unilumin LED Cinema Screen Receives DCI Certification with GDC’s SRC-7500 IMB

Wed, 07/05/2023 - 14:23 -- Nick Dager

The Unilumin Group, based in Shenzhen, China announced today that the company’s third LED direct view cinema screen, measuring 14 meters with 4K resolution, has passed the Compliance Test Plan and received Digital Cinema Initiative compliance with GDC Technology’s SRC-7500 Integrated Media Block.

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