NEW YORK and KNOXVILLE, Tenn., Oct. 1, 2010 -- IMAX Corporation (Nasdaq:IMAX) (TSX:IMX) and Regal Entertainment Group (NYSE:RGC), today announced an expansion of the companies' joint venture agreement to include installation of an additional 16 to 25 new IMAX(R) theatres in the United States. These theatres, which are part of an amendment to the parties' original 2008 joint venture agreement, are in addition to Regal's previously committed rollout of 39 IMAX joint venture theatres, 34 of which are in currently in operation. As part of the agreement, Regal also plans to upgrade eight of its existing film-based IMAX theatres with IMAX's digital projection technology.

The companies intend to open up the new joint venture theatres by the end of 2012 in U.S. markets including such cities as Albuquerque, NM, Eugene, OR, Charlottesville, VA and Atlanta, GA. Upon completion of the full Regal IMAX theatre rollout, Regal will operate up to 77 IMAX theatres.

"It is with great pleasure that we announce the expansion of our relationship with IMAX," said Amy Miles, CEO, Regal Entertainment. "We take pride in offering our customers a unique, differentiated out-of-home entertainment experience, and we are pleased that IMAX will continue to be a key component of our premium strategy. IMAX theatres deliver an immersive presentation of unparalleled sound and image quality that command a premium price from consumers, and we look forward to bringing that premium experience to more Regal audiences across the country."

"This is an important expansion of our relationship with our long-time partner Regal that builds on the success of our existing joint venture theatres," said Richard L. Gelfond, CEO, IMAX Corporation. "Our operating history together has shown that the combination of IMAX and Regal creates premium movie going experiences that Regal movie-goers crave, and as result, yields substantial returns on investment to our joint venture. This agreement represents a potential 64% increase in our existing JV theatre commitment with Regal, paving the way for more consumers to have The IMAX Experience(R) in new domestic markets."

With today's announcement, IMAX has announced at least 198 theatre systems signings year-to-date, which compares to 35 system signings in all of 2009 and represents a new record for the most signings in a single year.

Included among the terms of the amended agreement is an increase in the length of the joint venture arrangement for all Regal IMAX theatres -- to 10 years from the previous term of seven years. The deal also includes an adjusted allocation of costs to help defray Regal's operating expenses for all of its new and existing joint venture IMAX theatres.

 

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PORTLAND, Ore., Oct. 1 /PRNewswire/ -- Rentrak Corporation (Nasdaq: RENT), today announced the top ten movies-on-demand (VOD) titles based on consumer transaction rate. Movies-on-demand are transactional (pay-per-purchase) films available through cable and telco providers.

According to the company's OnDemand Essentials service, the top ten most-viewed titles, per data collected from September 20, 2010 through September 26, 2010 include:

Rentrak Top Ten VOD Titles

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Source: Deadline.com

Julia Roberts and Meryl Streep are reportedly negotiating to star in August: Osage County for director John Wells (The Company Men). The project, which is being housed at The Weinstein Company, focuses on a drug-addicted mother and her three daughters. Osage County is based on a Pulitzer and Tony-winning play by Tracy Letts.

Streep has been on a role lately thanks to the likes of Doubt, Julie & Julia and It's Complicated. She recently signed on to star opposite Tina Fey in Mommy & Me. As for Roberts, she has paired with Tom Hanks again on Larry Crowne, which will hit theaters next year.

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Washington, D.C./Los Angeles -- Motion Picture Association of America, Inc. (MPPA) President and Interim CEO Bob Pisano welcomed the Department of Justice's announcement today that almost $4 million was sent to law enforcement agencies around the country to improve their ability to investigate, prosecute and prevent intellectual property infringement. This is the second year of funding by Congress and their respective Appropriations Committees, pursuant to the federal Prioritizing Resources and Organization for Intellectual Property Act (PRO-IP) enacted in 2008.

"We appreciate the Justice Department's continuing commitment to combat intellectual property infringement and its dedication to protecting the rights of American creators who contribute greatly to our nation's economic growth," Pisano said. "These generously funded grants complement ongoing efforts by Congress, most recently through the introduction of the ‘Combating Online Infringement and Counterfeits Act' and the Immigration and Customs Enforcement agency's ‘Operation In Our Sites' initiative. The motion picture industry, along with all U.S. creative industries, leads the U.S. economy in contributing to job growth, and protecting the economic engine these industries represent from theft is critical."

The announcement of the awards was made at the opening of a one-day training summit, Real Crime - Real American Jobs: Why You Should Care about Intellectual Property Rights, for law enforcement, policy-makers and industry representatives in Pasadena, Calif. In 2008, the industry was responsible for 2.4 million jobs, over $140 billion in direct and indirect wages to American workers and $16 billion in income and sales taxes.
The grantees include:

• County of Fresno (Fresno, Calif.) ($49,992)
• Los Angeles County Sheriff's Department (Los Angeles, Calif.) ($200,000)
• County of Sacramento (Sacramento, Calif.) ($200,000)
• Miami Shores Village (Miami Shores, Fla.) ($64,885)
• Attorney General's Office, Mississippi, (Jackson, Miss.) ($166,365)
• North Carolina Department of the Secretary of State (Raleigh, N.C.) ($199,978)
• Bronx County District Attorney (Bronx, N.Y.) ($113,103)
• New York City (New York City, N.Y.) ($192,200)
• The New York County District Attorney's Office (New York City, N.Y.) ($199,800)
• Houston Police Department (Houston, Texas) ($200,000)
• City of San Antonio (San Antonio, Texas) ($200,000)
• Chesterfield County, Va. (Chesterfield, Va.) ($200,000)
• Virginia Department of State Police (Richmond, Va.) ($149,907)

Awards were also made to the City of Los Angeles Police Department, the National Crime Prevention Council, The National Association of Attorneys General and the National White Collar Crime Center (NW3C).

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The Social Network: 2,771 (NEW)
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