RealD +4.5% AH on Chinese cinema deal

|About: RealD Inc. (RLD)|By:, SA News Editor

Chinese movie theater owner Wanda Cinema Line plans to install another 780 RealD (RLD) 3D Cinema Systems over the next 3 years. In addition, RealD has been "named the exclusive circuit wide 3D technology provider for Wanda Cinema Line."

Wanda has already installed 800 RealD 3D systems at its theaters. Altogether, RealD has 1,500 systems installed in China, and future commitments for another 950 in the country.