IMAX BUYS KODAK’S PATENTS

In a deal that will likely enhance IMAX’s big-screen digital technology and expand its operations while averting the collapse of the 131-year-old Eastman Kodak Company, IMAX has agreed to pay Kodak an upfront fee believed to be in the tens of millions of dollars plus additional royalties and other payments for the use of nearly […]

RUSSIAN FILM INDUSTRY GROWING EXPONENTIALLY

A new report indicates that the Russian film industry experienced astounding growth during 2009 and the first half of 2010 despite a downturn in the first half of 2009. The study by research firm Nevafilm for the European Audiovisual Observatory disclosed that movie theater admissions rose by 14 percent during the year, aided considerably by […]