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IMAX to Build 75 Screens in China Over Three Years

CEO Rich Gelfond details IMAX's strategy as it prepares to triple its size in the world's fastest-growing movie market.

BEIJING -- IMAX will build 75 giant screens in Chinese movie theaters over the next three years with partner Wanda Cinemas, China’s largest theater chain, the companies said on Thursday, announcing a deal analysts familiar with their operations valued at nearly $100 million.