IMAX and CJ CGV Co., Ltd. Expand Relationship With Joint Venture Deal for Up to 15 New IMAX(R) Theatres in Korea

Leading Exhibitor Commits to 10 New Joint-Venture Locations, Option to Increase to 15

Deal Also Includes Upgrades for Four Existing Locations to IMAX's Digital Projection System

Expansion Follows Success of CJ CGV's Existing IMAX Locations

IMAX Corporation (Nasdaq:IMAX) (TSX:IMX) today announced that CJ CGV Co. Ltd., the leading theatre exhibitor in Korea, has signed an agreement to install up to 15 new digital IMAX(R) theatre systems, with the rollout scheduled to begin later this year, and to upgrade four existing film-based IMAX theatres to digital systems. The agreement was signed following the success of the exhibitor's five existing IMAX locations in Seoul, Daegu and Gwangju, where the current IMAX(R) 3D release of Avatar has generated more than $6.5 million.

Read more: IMAX Corporation ( IMX / IMAX )

TiVo Statement on Decision by U.S. Court of Appeals in Lawsuit Against EchoStar

TiVo Inc., the creator of and a leader in television services and advertising solutions for digital video recorders (DVRs), offered the following statement today on the U.S. Court of Appeals decision to [ruling] in lawsuit against EchoStar.

"We are pleased that the United States Court of Appeals for the Federal Circuit fully affirmed the district court's finding of contempt against EchoStar, including both the disablement and infringement provisions. Additionally, this ruling paves the way for TiVo to receive the approximately $300M in damages and contempt sanctions awarded to us for EchoStar's continued infringement through July 1, 2009. We will also seek further damages and contempt sanctions for the period of continued infringement thereafter. We will continue our efforts to protect our intellectual property from further infringement."

Read more: TiVo Inc ( TIVO )

Dish Network(R) Partners With NeuLion to Distribute Live International TV Channels Through IPTV Platform

DISH Network L.L.C., the U.S. leader in international programming, and NeuLion, Inc. (TSX:NLN), an end-to-end IPTV service provider of live and on-demand international, sports and variety programming delivered via broadband, today announced a multi-year partnership to distribute certain DISH Network international channels using NeuLion's IPTV service.

The partnership with NeuLion enhances DISH Network's international programming offering by providing consumers without access to satellite TV the ability to enjoy select DISH Network international channels through IPTV.

Read more: NeuLion Inc ( NLN )

IMAX Signs Multi-Theatre Deal in China

Leading Chinese Entertainment Developer and Exhibitor Taps Into Expanded IMAX Programming With Four Theatres Planned

IMAX Corporation (Nasdaq:IMAX) (TSX:IMX) and Guangzhou Jinyi Film & Television Group, Co., Ltd., a leading entertainment developer and exhibitor in China, today announced an agreement to open four IMAX(R) theatres in China. The first three installations are scheduled to be completed during the second half of 2011 in the cities of Chongqing, Tianjin and Shenyang. A fourth installation is scheduled for 2012 in a yet-to-be determined location. Each IMAX theatre will be part of a newly constructed multiplex, and each will utilize IMAX's digital projection technology.

Read more: IMAX Corporation ( IMX / IMAX )

Disney to Acquire Marvel Entertainment

Worldwide leader in family entertainment agrees to acquire Marvel and its portfolio of over 5,000 characters - Acquisition highlights Disney’s strategic focus on quality branded content, technological innovation and international expansion to build long-term shareholder value

Building on its strategy of delivering quality branded content to people around the world, The Walt Disney Company (NYSE:DIS ) has agreed to acquire Marvel Entertainment, Inc. (NYSE:MVL ) in a stock and cash transaction, the companies announced today.

Under the terms of the agreement and based on the closing price of Disney on August 28, 2009, Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. At closing, the amount of cash and stock will be adjusted if necessary so that the total value of the Disney stock issued as merger consideration based on its trading value at that time is not less than 40% of the total merger consideration.

Read more: Marvel Entertainment Inc ( MVL )
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