IMAX And Cineplex Expand Long-term Partnership With Additional IMAX Locations Across Canada; Adds Five New IMAX Systems And Two Upgrades To IMAX With Laser
Portfolio Pulse from Benzinga Newsdesk
IMAX and Cineplex have expanded their long-term partnership by adding five new IMAX systems and upgrading two existing ones to IMAX with Laser across Canada. This move is expected to strengthen the companies' market presence in the region.
July 25, 2023 | 12:37 pm
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POSITIVE IMPACT
The expansion of IMAX's partnership with Cineplex and the addition of new systems could potentially boost IMAX's revenues and market presence in Canada.
The expansion of the partnership with Cineplex and the addition of new IMAX systems in Canada could potentially increase IMAX's revenues and strengthen its market presence in the region. This could have a positive impact on the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100