IMAX Inks Exclusive Movie Release Deal With Amazon Studios

AMZN DIS IMAX CNK

IMAX (IMAX - Free Report) recently announced an exclusive deal with Amazon (AMZN - Free Report) Studios related to the latter’s upcoming film The Aeronauts.

Per the deal, the film directed by Tom Harper, will be first available in IMAX theaters for a week all over the country, starting Oct 25, 2019. Notably, this is a first-of-a-kind deal involving IMAX and Amazon and the film is the first movie from the Amazon Studios to find its way to IMAX theaters.

Amazon’s decision to partner with IMAX is likely due to the unique theatrical experience the company can provide using its differentiated technology. Moreover, IMAX stated that the film’s director “designed the movie for IMAX screen.”

Following the one week run on IMAX theaters, the film will be released on other theaters nationwide from Nov 1, 2019.

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