Release Details

IMAX Announces Opening Box Office Results for Shine A Light: The Imax Experience

April 7, 2008

LOS ANGELES, April 7 /PRNewswire-FirstCall/ - IMAX Corporation announced today that Shine A Light: The IMAX Experience, directed by Academy Award-winning filmmaker Martin Scorsese, opened to very positive reviews over the three day weekend from Friday April 4, through Sunday April 6, grossing $1.1 million in 93 domestic IMAX(R) theatres. The film will also be released to IMAX theatres internationally starting next week.

"Shine A Light has brought fans who grew up loving the Stones to IMAX theatres, and the film played especially well on both coasts," said IMAX Co-Chairmen and Co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "The positive reviews lead us to believe it will show strong legs throughout its IMAX run in the coming weeks, months and years."

"This film received an A+ rating from Cinema Score exit surveys, and we expect the enthusiastic moviegoer reactions to drive positive word of mouth," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "Martin Scorsese, along with Paramount Classics, Shangri-La Entertainment and Concert Productions International have made a terrific movie which is ideally suited for IMAX and we are so pleased to be able to give audiences a front row ticket to the Stones, the world's greatest rock-n-roll band."

Martin Scorsese's concert documentary "Shine a Light" shows the world the Rolling Stones as they've never been seen before. Filmed at the famed Beacon Theatre in New York City in fall 2006, Scorsese assembled a legendary team of cinematographers to capture the raw energy of the legendary band.

Oscar(R)-winning cinematographer Robert Richardson ("The Aviator," "JFK") supervised the camera team comprised of several highly acclaimed directors of photography, including Oscar(R) winner John Toll ("The Last Samurai," "Braveheart") Oscar(R) winner Andrew Lesnie ("The Lord of the Rings" trilogy, "King Kong"), Oscar(R) nominee Stuart Dryburgh ("The Piano," "The Painted Veil"), Oscar(R) nominee Robert Elswit ("Magnolia," "Good Night and Good Luck"), Oscar(R) nominee Emmanuel Lubezki ("Lemony Snicket's A Series of Unfortunate Events," "Sleepy Hollow") and Ellen Kuras ("Summer of Sam," "Eternal Sunshine of the Spotless Mind"). The film was edited by David Tedeschi, who most recently worked with Scorsese on the acclaimed Bob Dylan documentary "No Direction Home: Bob Dylan."

Financed by Steve Bing's Shangri-La Entertainment and longtime Rolling Stones tour promoter Michael Cohl's Concert Promotions International, the film was produced by Victoria Pearman, Michael Cohl, Zane Weiner and Steve Bing. The executive producers are Stones members Mick Jagger, Keith Richards, Charlie Watts and Ronnie Wood, with Jane Rose serving as co-executive producer.

About Paramount Classics

Paramount Classics is the specialty film division of Paramount Pictures Corporation, (PPC), a unit of Viacom (NYSE: VIA, VIA.B). PPC is a global producer and distributor of filmed entertainment. The company's labels include Paramount Pictures, Paramount Vantage, Paramount Classics, MTV Films, Nickelodeon Movies and DreamWorks Studios. PPC operations also include Paramount Digital Entertainment, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing, Inc., Paramount Studio Group, and Worldwide Television Distribution.

About IMAX Corporation

IMAX Corporation is one of the world's leading digital entertainment and technology companies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR(R) technology. IMAX DMR is the Company's groundbreaking digital remastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience(R). IMAX's renowned projectors and new digital systems display crystal-clear images on the world's biggest screens. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of December 31, 2007, there were 299 IMAX theatres operating in 39 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR(R), IMAX MPX(R), and The IMAX Experience(R) are trademarks of IMAX Corporation. More information on the Company can be found at www.imax.com.

This press release contains forward looking statements that are based on 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. Important factors that could affect these statements include ongoing discussions with the SEC and OSC relating to their ongoing inquiries, the timing of theatre system deliveries, the mix of theatre systems shipped, the timing of the recognition of revenues and expenses on film production and distribution agreements, the performance of films, the viability of new businesses and products, risks arising from potential material weaknesses in internal control over financial reporting and fluctuations in foreign currency and in the large format and general commercial exhibition market. These factors and other risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2007 and in the subsequent reports filed by the Company with the Securities and Exchange Commission.

SOURCE  IMAX Corporation
    -0-              04/07/2008
    /CONTACT: Media: IMAX Corporation, New York, Sarah Gormley, (212)
821-0155, sgormley@imax.com; Business Media: Sloane & Company, New York, Whit
Clay, (212) 446-1864, wclay@sloanepr.com; Entertainment Media: Newman &
Company, Los Angeles, Al Newman, (310) 278-1560, asn@newman-co.com/
    (IMX. IMAX)

CO:  IMAX Corporation
ST:  California
IN:  ENT FLM
SU:

    -30-

RP
-- TO394 --
0645 04/07/2008 13:30 EDT http://www.prnewswire.com