IMAX Corp, Giant-screen movie operator, said on Tuesday that it was in talks with at least five film companies in mainland China as the company moves to make its presence in Asia permanent.
“The U.S. has 300 million people with 35,000 screens. China has 1.3 billion people and 4,000 screens, the opportunity speaks for itself,” chairman and president of Filmed Entertainment Greg Foster told Reuters in an interview.
IMAX announced a film deal with China’s biggest studio (Huayi Brothers), for IMAX’s first foreign language flick, “Aftershock,” which is scheduled for release …