' Start ' Imax powers to increase revenues by 17% in the third quarter

Posted: Fri Oct 29 —, 2010, 4: 00 am PTThanks primarily to Warner Bros. ' boffo hit "Inception," exhib big screen Imax reported another period, with a turnover of € 51.1 million in the third quarter, repping the an increase of 17% in the same sesh last year.

"Performance of ' Inception ' demonstrated how our fans seek Imax because is the best way for a film, experience both in 2D or 3D", CEO of Imax Richard l. Gelfond said in a statement.

17% over last year, for the year the company's earnings from September 30 were also total 179.5 million vs 117 million earned in 2009. Imax reported an adjusted net income of 81 ¢ per share during the first nine months vs 15 ¢ per share a year earlier.

Imax credited the growth of the network for the addition of 100 new contracts of teatro vs the 13 signings during the period of last year.

"Start" is the title, DMR extrapolation fourth highest ever for Imax.(Imax DMR digital media or re-mastering, is the process by which movies are converted to the IMAX format).Global totals of Bo for "Inception" are a huge 815 million, including over 50 million dollars from Imax at 300 locations.

Company scored in the quarter with "Resident Evil: Afterlife of Sony/Screen Gems," which has earned more than 273 million in grosses worldwide, including 10 million dollars from 190 Imax digital positions only.

Gelfond stressed fourth titles like Warner "Harry Potter and the Deathly Hallows: part 1" and "Megamind", from paramount and DreamWorks Animation, as a potential top employees for the company.

Adding late "paranormal Activity 2" has already contributed $ 2.6 million to IMAX during the opening weekend of pic. Contact the editors varieties at news@variety.com

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