Four Imax Sites To Ecuador and Chile

GUAYAQUIL, Ecuador – Imax Corp. announced plans Oct. 16 to launch four new Imax venues in Ecuador and Chile.
Locations in Ecuador will include Guayaquil, the country’s largest city, and Quito, situated in northern Ecuador. Malecon 2000 Foundation will operate the Guayaquil location utilizing the Imax Dome Technology, while the later site will be run by the Universidad San Francisco De Quito, equipped with the Imax 3D technology.
Expansion into Chile includes a Santiago facility. The exact location of the nation’s other new Imax has not yet been determined, but both Chilean venues will be operated by Megascreen S.A. and feature Imax 3D technology.
“We have found that once an Imax theatre opens in a new region of the world, that theatre typically drives demand for even more theatres and we are optimistic that this will be the case in South America,” said Richard L. Gelfond and Bradley J. Wechsler, co-CEOs and co-Chairmen of Imax Corp.
As of June, more than 225 Imax facilities were operating in 30 countries.
In Focus - January 2003