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IMAX Announces Opening Box Office Results for Shine A
Light: The Imax Experience
LOS ANGELES, April 7 /PRNewswire-FirstCall/ - IMAX
Corporation
announced today that Shine A Light: The IMAX
Experience, directed by
Academy Award-winning filmmaker Martin Scorsese,
opened to very positive reviews over the three day
weekend from Friday April 4, through Sunday April 6,
grossing $1.1 million in 93 domestic IMAX(R) theatres.
The film will also be released to IMAX theatres
internationally starting next week.
"Shine A Light has brought fans who grew up loving
the Stones to IMAX theatres, and the film played
especially well on both coasts," said IMAX Co-Chairmen
and Co-CEOs Richard L. Gelfond and Bradley J.
Wechsler. "The positive reviews lead us to believe it
will show strong legs throughout its IMAX run in the
coming weeks, months and years."
"This film received an A+ rating from Cinema Score
exit surveys, and we expect the enthusiastic moviegoer
reactions to drive positive word of mouth," added Greg
Foster, Chairman and President of IMAX Filmed
Entertainment. "Martin Scorsese, along with Paramount
Classics, Shangri-La Entertainment and Concert
Productions International have made a terrific movie
which is ideally suited for IMAX and we are so pleased
to be able to give audiences a front row ticket to the
Stones, the world's greatest rock-n-roll band."
Martin Scorsese's concert documentary "Shine a Light"
shows the world
the Rolling Stones as they've never been seen before.
Filmed at the famed Beacon Theatre in New York City in
fall 2006, Scorsese assembled a legendary team of
cinematographers to capture the raw energy of the
legendary band.
Oscar(R)-winning cinematographer Robert Richardson
("The Aviator,"
"JFK") supervised the camera team comprised of several
highly acclaimed directors of photography, including
Oscar(R) winner John Toll ("The Last Samurai,"
"Braveheart") Oscar(R) winner Andrew Lesnie ("The Lord
of the Rings" trilogy, "King Kong"), Oscar(R) nominee
Stuart Dryburgh ("The Piano," "The Painted Veil"),
Oscar(R) nominee Robert Elswit ("Magnolia,""Good Night
and Good Luck"), Oscar(R) nominee Emmanuel Lubezki
("Lemony Snicket's A Series of Unfortunate Events,"
"Sleepy Hollow") and Ellen Kuras ("Summer of Sam,"
"Eternal Sunshine of the Spotless Mind"). The film was
edited by David Tedeschi, who most recently worked
with Scorsese on the acclaimed Bob Dylan documentary
"No Direction Home: Bob Dylan."
Financed by Steve Bing's Shangri-La Entertainment and
longtime Rolling Stones tour promoter Michael Cohl's
Concert Promotions International, the film was
produced by Victoria Pearman, Michael Cohl, Zane
Weiner and Steve Bing. The executive producers are
Stones members Mick Jagger, Keith Richards, Charlie
Watts and Ronnie Wood, with Jane Rose serving as
co-executive producer.
About Paramount Classics
Paramount Classics is the specialty film division of
Paramount Pictures
Corporation, (PPC), a unit of Viacom (NYSE: VIA,
VIA.B). PPC is a global
producer and distributor of filmed entertainment. The
company's labels
include Paramount Pictures, Paramount Vantage,
Paramount Classics, MTV Films, Nickelodeon Movies and
DreamWorks Studios. PPC operations also include
Paramount Digital Entertainment, Paramount Home
Entertainment, Paramount Pictures International,
Paramount Licensing, Inc., Paramount Studio Group, and
Worldwide Television Distribution.
About IMAX Corporation
IMAX Corporation is one of the world's leading
digital entertainment
and technology companies. The worldwide IMAX network
is among the most important and successful theatrical
distribution platforms for major event Hollywood films
around the globe, with IMAX theatres delivering the
world's best cinematic presentations using proprietary
IMAX, IMAX(R) 3D, and IMAX DMR(R) technology. IMAX DMR
is the Company's groundbreaking digital remastering
technology that allows it to digitally transform
virtually any conventional motion picture into the
unparalleled image and sound quality of The IMAX
Experience(R). IMAX's renowned projectors and new
digital systems display crystal-clear images on the
world's biggest screens. The IMAX brand is recognized
throughout the world for extraordinary and immersive
entertainment experiences for consumers. As of
December 31, 2007,
there were 299 IMAX theatres operating in 39
countries.
IMAX(R), IMAX(R) 3D, IMAX DMR(R), IMAX MPX(R), and
The IMAX
Experience(R) are trademarks of IMAX Corporation. More
information on the Company can be found at
http://www.imax.com.
This press release contains forward looking statements
that are based
on 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. Important factors
that could affect these statements include ongoing
discussions with the SEC and OSC relating to their
ongoing inquiries, the timing of theatre system
deliveries, the mix of theatre systems shipped, the
timing of the recognition of revenues and expenses on
film production and distribution agreements, the
performance of films, the viability of new businesses
and products, risks arising from potential material
weaknesses in internal control over financial
reporting and fluctuations in foreign currency and in
the large format and general commercial exhibition
market. These factors and other risks and
uncertainties are discussed in the Company's Annual
Report on Form 10-K for the year ended December 31,
2007 and in the subsequent reports filed by the
Company with the Securities and Exchange Commission.
SOURCE IMAX Corporation
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