Jill Goldsmith Imax Monday announced an expansion of a longstanding partnership with South Korea’s CGV to launch 17 new theaters in that country as well as in Turkey, Vietnam, and Indonesia.Imax said South Korea, where it’s putting nine new theatres, is one of its fastest-growing markets and home of its highest grossing screen worldwide.The pact is the large-format exhibitor’s biggest theater deal in 2020 and comes as the global movie theatre industry seeks to reopen, with South Korea among markets leading the charge.
Some 18 IMAX theaters are currently open across there including CGV’s flagship location, CGV Yongsan, which was the top grossing Imax theatre in the world in 2018 and 2019.
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