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1994
- In seeking to increase its capital for corporate expansion, IMAX corporation was sold to a US investment group, WGIM Acquisition Corporation, in 1994. It was then restructured and merged with Trumbull Company Inc.
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The company was founded in 1967 when three filmmakers—Graeme Ferguson, Roman Kroitor and Robert Kerr—incorporated IMAX Corporation. The idea and the new technology, which resulted in the birth of the company, came from the multi-screen productions of Roman Kroitor, Colin Low and Hugh O'Connor.
Graeme Ferguson, Roman Kroitor, Robert Kerr, and William C. Shaw were the co-founders of what would be named the IMAX Corporation (founded in September 1967 as Multiscreen Corporation, Ltd.), and they developed the first IMAX cinema projection standards in the late 1960s and early 1970s in Canada.
- IMAX Corporation
In 1999 there were more than 180 permanent IMAX theaters operating in 24 countries, of which only four in North America were owned and operated by IMAX: Vancouver, Calgary, and Winnipeg in Canada; and Scottsdale, Arizona.
IMAX sought to conquer multiplexes worldwide and become a major player in the industry. The company wanted to make a significant impact on moviegoers by offering a unique and immersive entertainment experience. IMAX’s global expansion was a strategic move to solidify its position as a Hollywood powerhouse.
But doubts about its survival faded in 2009—particularly after the IMAX version of Avatar became a global phenomenon, bringing $250 million in revenue to the company.
IMAX Corporation, founded in 1967 and headquartered in Mississauga, Canada, is the pioneer and leader of giant-screen, large-format film entertainment. Using its proprietary technology, the company projects movies on screens that are up to eight stories high and 120 feet wide in theaters owned by museums, science centers, and commercial operators.
Dec 3, 2012 · In 1997, IMAX received an additional Academy Award for scientific and technical achievement. In seeking to increase its capital for corporate expansion, IMAX corporation was sold to a US investment group, WGIM Acquisition Corporation, in 1994. It was then restructured and merged with Trumbull Company Inc.
