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BEIJING - IMAX Corp announced plans Thursday to open 75 more theaters in China within four years in partnership with Wanda Cinemas, the countrys largest theater operator, underscoring the Chinese movie industrys rapid expansion. Denver Broncos Dawkins Jersey. Related readings:IMAX considers lower price in China Asia Film Expo in Guangdong offer movie buffs chance to experience IMAX screens Imax rakes in $546 million in global box office IMAX, known for its large format film technology, has 45 theaters open in China. It expects to have 300 theaters operating in the country by 2016. There was no disclosure of the monetary value of the expansion plans and profit-sharing deal signed in Beijing. CEO Richard Gelfond said China is the companys fastest growing market, and the deal means Wanda will be the single largest operator of IMAX theaters outside the United States. Last year, we experienced record growth at IMAX ... Nowhere was our growth more evident than in China, said Gelfond, who added the companys 2010 box office revenues in China were 286 million yuan ($44 million), a 10-fold jump from the previous year. Part of that stemmed from the conversion of Aftershock, a Chinese movie about the 1976 Tangshan quake, into IMAX format. That epic became Chinas highest-grossing movie. Gelfond said the company plans to do conversions of two upcoming movies, the patriotic Founding of a Party, and Hong Kong director John Woos Flying Tigers. Chinas movie industry remains relatively small compared to more developed markets like the United States. The North American box office totaled $10.6 billion in 2009, according to the Motion Picture Association of America. However, expansion plans are rapidly under way. The country added 313 movie theaters and 1,533 new screens last year, for a total of just over 6,200 screens. The Chinese government has said it expects 20,000 screens in operation by 2015. Wang Jianlin, chairman of the Wanda Group, said the partnership will prove to be significant for Chinas general movie industry. Todays strategic cooperation between our two companies is very important. With Wanda providing the facilities and IMAX providing the technology ... more and more of the Chinese public will get the opportunity to experience this. Chinas emerging middle class is showing a newfound enthusiasm for cinema. Last years blockbuster 3-D epic Avatar, which also played on IMAX screens in China, drew enormous crowds willing to wait up to six hours in line for relatively pricey tickets. Cam Newton Jersey Women. The incident created a stir in the stands at Friday nights rodeo in the citys Rexall Place. Three spectators were treated by on-site paramedics and released. Nnamdi Asomugha Jersey. Le club de la LNH sest par ailleurs montré intéressé à accueillir le repêchage annuel de 2011 au Centre Air Canada, de même que la Classique dhiver de 2012, qui aurait lieu à BMO Field, stade du Toronto FC, club de la Major League Soccer. Jarret Johnson Premier Jersey. Related readings: Yao Ming meets fans in Houston Injured Yao voted wests starting center Yao says ankle op could end his career Career fears for Yao after ankle surgery According to Thursdays Beijing Youth Daily, Yao has asked for leave of absence from the team for the BFAs annual conference which will start on Friday in Boao. Browns 12 Jersey. -- NASCARs season-ending party is heading to Las Vegas. Ray Rice Jersey Camouflage. -- The Plymouth Whalers handed the Saginaw Spirit just their fifth regulation loss of the season with a 3-0 shutout Wednesday night in Ontario Hockey League action. Patrick Peterson Jersey.
