India’s PVR Cinemas Expands IMAX Commitment With Theatre Agreement

NEW YORK, Aug. 6, 2012 /PRNewswire via COMTEX/ — IMAX Corporation IMAX +0.09% CA:IMX -0.19% and PVR Ltd. (PVR Cinemas), India’s leading cinema brand and operator of the country’s top-performing multiplexes, today announced an agreement to install an IMAX® theatre system in Bangalore that is scheduled to open by March 2013. The deal follows an earlier agreement with PVR Cinemas announced in March 2011 for four IMAX theatres, bringing the exhibitor’s total IMAX commitment to five. Today’s deal also brings to 14 the total number of IMAX theatres open or contracted to open in India.