AMC Entertainment deepens ties with IMAX

|About: IMAX Corporation (IMAX)|By:, SA News Editor

IMAX (IMAX +0.8%) and AMC Entertainment (AMC +0.9%) sign a deal which covers 11 new IMAX theaters scheduled for installment in 2015.

New IMAX theaters in Chicago, New York City, and Phoenix are part of the development plan.

The new contract brings the total commitment by AMC to IMAX to 159 theaters.

Financial terms weren't disclosed.