General Culture Authority of Saudi Arabia and IMAX Enter MOU to Identify and Develop IMAX Films

CANNES, May 12, 2018 – IMAX Corporation (NYSE: IMAX) and Saudi Arabia’s General Culture Authority (GCA) today agreed in principle to jointly seek opportunities to identify and develop local IMAX format films. The non-binding agreement is part of GCA’s strategic efforts to develop a dynamic and sustainable film industry in Saudi Arabia. Under a non-exclusive…