男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Opinion

IMAX and its Chinese dream

By Liu Wei (China Daily) Updated: 2014-04-22 07:24

IMAX has a Chinese dream for the fastest growing film market in the world.

On April 16 in Beijing, the company known for its giant-screen technology announced the official start of the cooperation with CMC Capital Partners, China's leading investment fund chaired by Li Ruigang, and FountainVest Partners, a leading China-focused private equity firm.

The two Chinese companies purchased a 20 percent stake in IMAX's Greater China subsidiary for $80 million on April 8.

IMAX and its Chinese dream
Imax sells 20% of its China business

IMAX and its Chinese dream
 IMAX, Wanda to add more cinemas

"At this juncture, it makes sense to bring in Chinese investors to help us better address local market dynamics and further optimize our business in China," says IMAX Corp's chief executive officer Richard L. Gelfond.

"We believe Li and CMC, as well as FountainVest, are ideal partners, whose status, leadership and expertise will be invaluable in helping us accomplish these goals."

According to the company's 2013 annual report, China has become the fastest growing market for IMAX, contributing $56.48 million, a 25.7 percent growth over 2012's $44.92 million, to the company's $288 million revenue in 2013.

China now has 173 IMAX screens, and Gelfond expects an additional 239 theaters (including two upgrades) to be installed by 2021.

The company, which has a 15-year plan to tap into the Chinese market, has worked with multiple Chinese filmmakers to make IMAX-format movies, such as Feng Xiaogang's The Aftershock and Cheang Pou-soi's Monkey King 3-D, so far the highest-grossing Chinese film for IMAX, with ticket sales reaching $160 million. The next big project would be Zhang Yimou's Coming Home in May.

At the ongoing Beijing International Film Festival, a screening is specially designed to showcase IMAX films, including the Transformers series and The Avengers.

The introduction of CMC and FountainVest is believed to be a prelude to IMAX China's initial public offering, and Gelfond confirms that IMAX expects the deal to lead to an ultimate IPO.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 安阳市| 高阳县| 阿合奇县| 嘉义市| 怀来县| 平罗县| 阳山县| 宜兰县| 开远市| 肃宁县| 根河市| 辉县市| 白城市| 民乐县| 渑池县| 青川县| 尖扎县| 凤阳县| 浏阳市| 苏尼特右旗| 平乡县| 宜城市| 项城市| 宜阳县| 蒲江县| 汶川县| 灵川县| 武鸣县| 丹江口市| 衡山县| 锡林郭勒盟| 宁海县| 根河市| 师宗县| 临高县| 咸丰县| 鄢陵县| 松阳县| 曲靖市| 璧山县| 上饶县|