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IMAX inks 5-theater deal in India

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IMAX inks 5-theater deal in India

IMAXCorp. struck a five-theater deal with INOX Leisure Ltd. inIndia.

The theaters will be added to existing INOX multiplexes in thecities of Mumbai, Bangalore, Delhi and Kolkata, according to an April 5 newsrelease.

The agreement represents the largest theater deal for IMAXin India and brings the total number of IMAX theaters in the country to 20,with nine currently open and 11 contracted to open.

INOX is one of India's largest multiplex chains with 107multiplexes, 420 screens spread across 57 cities and 19 states.