Universal Pictures And IMAX® Reach Multi-year, Global Blockbuster Slate Deal

LOS ANGELES, Sept. 20, 2018 /PRNewswire/ -- Universal Pictures and IMAX Corporation (NYSE: IMAX) announced today that the companies have expanded their growing partnership with a new, multi-year, multi-picture deal.

As part of the agreement, IMAX will release several highly-anticipated Universal Pictures tentpole films, including Academy Award^® winner Damien Chazelle's First Man, Illumination's Dr. Seuss' The Grinch, Mortal Engines, executive produced by three-time Academy Award^®-winning filmmaker Peter Jackson, M. Night Shyamalan's Glass, DreamWorks Animation's How to Train Your Dragon: The Hidden World, The Voyage of Dr. Dolittle starring Robert Downey, Jr., and the next chapter in the billion-dollar Fast & Furious franchise.

"Universal Pictures delivers must-see global blockbusters and we're excited to present some of their most anticipated films in IMAX," said Greg Foster, CEO of IMAX Entertainment and Senior Executive Vice President, IMAX Corp. "We look forward to continuing our collaboration with Universal and this visionary group of important, global filmmakers to transport audiences into unique, cinematic worlds."

"Universal's slate strategy has always been engineered to make movies that appeal to global audiences, and we're thrilled to continue our partnership with IMAX to present our films in this truly immersive format," said Duncan Clark, President International Distribution, Universal Pictures, and Jim Orr, President, Domestic Distribution, Universal Pictures, in a joint statement. 

The IMAX release of each film will be digitally re-mastered into the image and sound quality of The IMAX EXPERIENCE^® with proprietary IMAX DMR^® (Digital Re-Mastering) technology. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.

About UNIVERSAL PICTURES
Universal Pictures is a division of Universal Studios (www.universalstudios.com).  Universal Studios is part of NBCUniversal.  NBCUniversal is one of the world's leading media and entertainment companies in the development, production and marketing of entertainment, news and information to a global audience.  NBCUniversal owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group and world-renowned theme parks.  NBCUniversal is a subsidiary of Comcast Corporation.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of June 30, 2018, there were 1,410 IMAX theater systems (1,314 commercial multiplexes, 12 commercial destinations, 84 institutional) operating in 79 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

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SOURCE IMAX Corporation