IMAX Corporation, IMAX China Holding Inc. and Guangzhou JinYi Media Corporation announced an agreement for 30 new IMAX(R) theatres to be located in a combination of new and existing complexes across the country. The agreement underscores IMAX's more flexible approach to deal structures in China, designed to help optimize financial performance on a market-by-market basis. The 30-theatre agreement will encompass a variety of different deal structures across Tier One to Tier Four cities based in part on the specific market and anticipated box office performance of the theatre. The theatres are expected to open beginning this year through 2023 with approximately half to be installed by 2019. The agreement brings to 885, IMAX's total number of contracted theatres in Greater China with 543 open and 342 contracted to open.