Imax Corp. hassigned an agreement to install one of its giant-screen cinemas in the Russiancity of Perm. The cinema will be part of a new multiplex.under construction forlocal exhibitor Panorama Cinemas in the one million-person city located some 1,300kilometres east of Moscow.
In a statement,Imax co-chairmen and co-CEOs Richard Gelfond and Brad Wechsler credited thedeal to the popularity of a new Imax cinema in Moscow operated by BFC Cinemas.
The Panoramafacility will be part of a four-screen multiplex expected to open late nextyear. It's the second new screen in Russia announced this year: KronverkCinemas, the largest exhibitor in St. Petersberg, is installing an Imax systemat a planned flagship multiplex in the city-centre.