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About
IMAX Corp. is an entertainment technology company, which focuses in motion picture technologies and presentations. It operates through following segments: IMAX systems; Theater System Maintenance; Joint Revenue Sharing Arrangements; Film Production and IMAX DMR; Film Distribution; Film Post-Production; and Other. The IMAX systems segment designs, manufactures, sells or leases IMAX theater projection system equipment. The Theater System Maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The Joint Revenue Sharing Arrangements segment installs IMAX theater projection system equipment to an exhibitor in exchange for a certain percentage of box-office and concession revenues. The Film Production and IMAX DMR segment produces films and performs film re-mastering services. The Film Distribution segment distributes films for which the company has distribution rights. The Film Post-production segment provides film post-production and film print services. The Other segment includes certain IMAX theaters that the company owns and operates, camera rentals and other miscellaneous items. The company was founded by Graeme Ferguson, Roman Kroitor, Robert P. Kerr and William Shaw in 1967 and is headquartered in Mississauga, Canada. | |||
Description
IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company specializing in motion picture technologies and presentations worldwide. The company operates through seven segments: IMAX Systems, Theater System Maintenance, Joint Revenue Sharing Arrangements, Film Production and IMAX Digital Re-Mastering (DMR), Film Distribution, Film Post-Production, and Other. The IMAX Systems segment designs, manufactures, sells, or leases IMAX theater projection system equipment. The Theater System Maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The Joint Revenue Sharing Arrangements segment provides IMAX theater projection system equipment to exhibitors. The Film Production and IMAX DMR segment engages in the production of films and the performance of film re-mastering activities. The Film Distribution segment distributes films for which the company has distribution rights. The Film Post-Production segment offers film post-production and film print services. The Other segment owns and operates IMAX theaters; rents two-dimensional and three-dimensional (3D) large-format film and digital cameras to third party production companies; and provides production technical support and post-production services. The company is also involved in selling or leasing its theater systems to theme parks, private home theaters, tourist destination sites, fairs, and expositions, as well as the after-market sale of projection system parts and 3D glasses. It primarily serves commercial multiplex exhibitors, as well as institutional customers, such as science and natural history museums, zoos, aquaria, and other educational and cultural centers. As of December 31, 2016, the company operated 1,215 IMAX theater systems, including 1,107 commercial multiplexes, 16 commercial destinations, and 92 institutions. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada. | |||
