IMAX will install a theatre system in the new JCube entertainment complex in Singapore that is scheduled to be complete by 2012.
Shaw Theatres opened the first IMAX theatre in Singapore in May and said the venue had generated more than $1.4m in box office in the first few months.
“Our Shaw Theatres Lido IMAX has been a resounding success, with our patrons willing to pay a premium to enjoy their favorite Hollywood films in the superior IMAX platform,” Shaw Theatres evp Mark Shaw said.
“The success of Shaw’s IMAX Theatre in Lido, coupled with today’s agreement, underscores the growth potential for IMAX in Singapore,” IMAX CEO Richard L Gelfond said. “Southeast Asia is an important market for us and we are pleased to leverage the region’s increasing appetite for The IMAX Experience with this latest network addition.”
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