LOS ANGELES, Oct. 1, 2014 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX; TSX: IMX) and Fox Star Studios, a joint company between 20th Century Fox and STAR, today announced that the action thriller Bang Bang! will be digitally re-mastered in the immersive IMAX format and released in IMAX^® theatres across India and select global locations starting Oct. 2. The film, which Fox Star Studios will distribute and market worldwide, marks the second Indian local-language production to be released in IMAX, following the critical and box office hit DHOOM:3 in 2013.

In addition, FIP India (Fox International Productions) will be releasing Bang Bang! on more than 4,000 screens in India, with more than 800 screens outside of India across 46 countries, including 250-plus screens in the U.S., making it the widest release ever for a Bollywood film.

Directed by Siddharth Raj Anand, and starring Hrithik Roshan and Katrina Kaif, Bang Bang! is a remake of the Fox film Knight and Day, starring Tom Cruise and Cameron Diaz, which grossed $3.3 million at the Indian box office in 2010. Bang Bang! will be released in three different languages – Hindi, Tamil and Telugu.

"We are hugely excited to be partnering with IMAX on Bang Bang!" said Vijay Sing, CEO of Fox Star Studios India. "Bang Bang! is the perfect movie to be experienced in IMAX on a big canvas, with great action and an immersive emotional experience. Audiences are in for a real treat this October."

Bang Bang! marks the first action thriller for Raj Anand. The film, which co-stars Danny Denzongpa and Jaaved Jaffrey, also has the most-watched teaser trailer for a Bollywood film, earning more than 2.3 million views within 24 hours of its debut on YouTube.

"After the success of DHOOM:3, we are delighted to release Bang Bang! – an awesome new take on a great story," said Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment. "India has such a vibrant local film industry, and with Fox Star Studios having a commanding presence there already, we're excited to become a larger part of the Bollywood movie-going culture."

The IMAX release of Bang Bang! 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 Fox Star Studios
Fox Star Studios is an India-based movie production and distribution company, a joint venture between 20th Century Fox, one of the world's largest producers and distributors of motion pictures and Star, India's media and entertainment company, both owned by Rupert Murdoch's 21st Century Fox.

Fox Star Studios works in conjunction with Fox International Productions (FIP), the international film production arm of 20th Century Fox Film; the company's board of directors includes FIP President Sanford Panitch. Fox Star Studios produces Hindi and Regional language films through acquisitions, co-productions and in-house productions for worldwide distribution.

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 offices in London, Tokyo, Shanghai and Beijing. As of June 30, 2014, there were 868 IMAX theatres (735 commercial multiplexes, 19 commercial destinations and 114 institutions) in 59 countries.

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience® and IMAX Is Believing® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect 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 Media:
IMAX Corporation – New York
Ann Sommerlath
212-821-0155
asommerlath@imax.com

Sloane & Company – New York
Whit Clay
212-446-1864
wclay@sloanepr.com

Investors:
IMAX Corporation – New York
Teri Loxam
212-821-0110
tloxam@imax.com

Entertainment Media:
Principal Communications Group – Los Angeles
Melissa Zuckerman/Paul Pflug
323-658-1555
melissa@pcommgroup.com
paul@pcommgroup.com

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SOURCE IMAX Corporation