SONY PICTURES ENTERTAINMENT AND IMAX® ANNOUNCE NEW
GLOBAL BLOCKBUSTER SLATE DEAL
New Deal to Include Releases of ‘Spider-Man: Far From Home,’ the new ‘Men in Black’ spinoff and the ‘Jumanji: Welcome to the Jungle’ Sequel
LOS ANGELES – October 24, 2018 – Sony Pictures and IMAX Corporation (NYSE: IMAX) announced today that the companies have extended their ongoing partnership with a new, multi-picture deal.
Following the record-breaking first weekend release of Sony Pictures’ Venom, which reached $15.4M on IMAX screens and overall, became the biggest October global opening weekend at $207.0M, the agreement also includes the IMAX release of several upcoming, highly-anticipated Sony Pictures feature films, including Spider-Man: Far From Home starring Tom Holland, set for a July 5, 2019 release, the upcoming Men in Black spinoff out on June 14, 2019 and the sequel to the 2017 hit, Jumanji: Welcome to the Jungle out on December 13, 2019.
The IMAX release of each film will be digitally re-mastered into the image and sound quality of The IMAX EXPERIENCE® with proprietary IMAX DMR® (Digital Re-Mastering) technology. The crystal-clear images, coupled with IMAX’s customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.
About Sony Pictures Entertainment Sony Pictures Entertainment (SPE) is a subsidiary of Sony Entertainment Inc., which is a subsidiary of Tokyo-based Sony Corporation. SPE's global operations encompass motion picture production, acquisition, and distribution; television production, acquisition, and distribution; television networks; digital content creation and distribution; operation of studio facilities; and development of new entertainment products, services and technologies. SPE’s Motion Picture Group production organizations include Columbia Pictures, Screen Gems, TriStar Pictures, Sony Pictures Animation, Stage 6 Films, AFFIRM Films, and Sony Pictures Classics. For additional information, visit http://www.sonypictures.com/corp/divisions.html.
About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.
IMAX is headquartered in New York, Toronto and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of June 30, 2018, there were 1,410 IMAX theater systems (1,314 commercial multiplexes, 12 commercial destinations, 84 institutional) operating in 79 countries. On Oct.
8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”
IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.
For additional information please contact:
Business and Entertainment Media:
IMAX Corporation, New York
IMAX Corporation – New York
Michael K. Mougias