LOS ANGELES, Oct. 16, 2012 /CNW/ - IMAX Corporation (NYSE: IMAX;TSX: IMX) and Summit Entertainment, a LIONSGATE® (NYSE: LGF) company, today announced that The Twilight Saga: Breaking Dawn – Part 2 will be digitally re-mastered into the immersive IMAX® format and released in the UK through Entertainment One in IMAX® theatres starting November 16, 2012. The film will also screen in the IMAX format in select IMAX theatres in other international markets. The fifth installment of Summit's Twilight Saga film franchise is directed by Bill Condon and stars Kristen Stewart, Robert Pattinson and Taylor Lautner.
"IMAX's participation in 2010 on the release of The Twilight Saga: Eclipse was a success, so we're thrilled to continue this productive collaboration," said Lionsgate Motion Picture Group Co-Chairs Rob Friedman and Patrick Wachsberger. "IMAX delivers a unique and memorable experience that is the perfect way to celebrate this special movie-going event."
"The Twilight Saga franchise and its passionate fans deserve an epic send-off," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "We're excited to present the saga, larger than life, in IMAX."
The IMAX release of The Twilight Saga: Breaking Dawn – Part 2 will be digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology. The crystal-clear images coupled with IMAX's customized theatre geometry and powerful digital audio create a unique environment that will make audiences feel as if they are in the movie.
About The Twilight Saga Film Series
The Twilight Saga film series stars Kristen Stewart, Robert Pattinson, and Taylor Lautner and tells the story of 17-year-old Bella Swan who moves to the small town of Forks, Wash. to live with her father. She soon becomes drawn to Edward Cullen, a pale, mysterious classmate who seems determined to push her away. But neither can deny the attraction that pulls them together ... even when Edward confides that he and his family are vampires. The action-packed, modern-day vampire love story Twilight, the first film in the series, was released in theatres on Nov. 21, 2008 to a blockbuster reception. The second installment of the film franchise, The Twilight Saga: New Moon, was released Nov. 20, 2009, the third installment, The Twilight Saga: Eclipse, was released June 30, 2010, and The Twilight Saga: Breaking Dawn – Part 1 was released on Nov. 18, 2011.
About Summit Entertainment, LLC
Summit Entertainment, LLC, a LIONSGATE® company, is a worldwide theatrical motion picture development, financing, production and distribution studio. The company handles all aspects of marketing and distribution for both its own internally developed motion pictures as well as acquired pictures.
Lionsgate is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. The Company has built a strong television presence in production of primetime cable and broadcast network series, distribution and syndication of programming and an array of channel assets. Lionsgate currently has 22 shows on 15 networks spanning its primetime production, distribution and syndication businesses, including the multiple Emmy Award-winning Mad Men, the critically acclaimed series Weeds, Nurse Jackie and Boss, the new comedy Anger Management, which has been picked up for another 90 episodes by FX, the network series Nashville, the syndication successes Tyler Perry's House of Payne, its spinoff Meet the Browns, For Better Or Worse, The Wendy Williams Show, Are We There Yet? and the upcoming Orange Is The New Black, an original series for Netflix.
Its feature film business has been fueled by such recent successes as the blockbuster first installment of The Hunger Games franchise, which has already grossed nearly $700 million at the worldwide box office, The Possession, The Expendables 2, The Cabin in the Woods, Tyler Perry's Madea's Witness Protection and Margin Call. With the January 2012 acquisition of Summit Entertainment, the Company has now added the blockbuster Twilight Saga, which has grossed more than $2.5 billion at the worldwide box office, to its current slate, giving the Company the two premier young adult franchises in the world. Recent Summit hits include Red, Letters to Juliet, Knowing and the Academy Award-winning Best Picture, The Hurt Locker.
Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rate. Lionsgate handles a prestigious and prolific library of approximately 15,000 motion picture and television titles that is an important source of recurring revenue and serves as the foundation for the growth of the Company's core businesses. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world.
About IMAX Corporation
IMAX Corporation is one of the world's leading entertainment and technology companies, specializing in the creation and delivery of premium, awe-inspiring entertainment experiences. With a growing suite of cutting-edge motion picture and sound technologies, and a globally recognized entertainment brand, IMAX is singularly situated at the convergence of the entertainment industry, innovation and the digital media world. The industry's top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and as such, the IMAX network is among the most important and successful theatrical distribution platforms for major event films around the globe. The company's new digital projection and sound systems -- combined with a growing blockbuster film slate -- are fueling the rapid expansion of the IMAX network in established markets such as North America, Western Europe, and Japan, as well as emerging markets such as China and Russia. IMAX deliver the world's best cinematic presentations using proprietary IMAX®, IMAX® 3D, and IMAX DMR® (Digital Re-Mastering) technologies. IMAX DMR enables virtually any motion picture to be transformed into the unparalleled image and sound quality of The IMAX Experience®.
IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of June 30, 2012, there were 663 IMAX theatres (529 commercial multiplex, 20 commercial destination and 114 institutional) in 52 countries.
IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience® and IMAX Is Believing™ are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.
For additional information please contact:
IMAX Corporation – Los Angeles
Principal Communications Group – Los Angeles
Melissa Zukerman/Paul Pflug
IMAX Corporation – New York
IMAX Corporation – New York
Sloane & Company – New York
SOURCE: IMAX Corporation
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