January 22, 2008--IMAX Corporation and SM Prime Holdings, the largest mall operator in the Philippines, have announced an agreement to install two IMAX digital projection systems at shopping malls in the cities of Manila and Cebu. The deal follows the success of SM's first IMAX theater, which has been the highest-grossing screen in the country since it opened in 2006. Under the terms of the parties' agreement, the two IMAX digital theater systems are expected to be installed during the third and fourth quarters of 2009.

January 16, 2008--IMAX Corporation generated $145 million for Hollywood releases in 2007, which is 56 percent higher than the $93 million that the IMAX theater network grossed during 2006. Hollywood films that played in IMAX theaters in 2007 included eight titles from four different studios, all of which were converted using the company's proprietary DMR technology in both 2D and IMAX 3D.

January 7, 2008 - Two giant screen films have been nominated for Outstanding Visual Effects in a Special Venue Project for the 6th annual Visual Effects Society (VES) Awards. The VES Awards recognize outstanding visual effects in over a dozen categories of film, television, commercials, and video games. The giant screen films nominated this year are Dinosaurs: Giants of Patagonia from Sky High Entertainment, with visual effects by Mario Couturier, Vincent Roberge, Richard Bergeron, and Martin L'Heureux (Studio Virtuel Concept), and Sea Monsters from National Geographic, with visual effects by Sean Phillips, Jack Geist, Robin Aristorenas, Mark Dubeau. Nominees were chosen Saturday, January 5, 2008, by numerous panels of VES members who viewed submissions at the FotoKem screening facilities in Burbank.

January 3, 2008--The Science Station board has announced that the IMAX theater will cease to operate as of January 20. The board emphasized that they and the staff are focused on improving the Science Station, delivering on its long standing mission to provide exciting hands on learning opportunities and science and math education outreach. “The board and staff made every effort to make the theater work but ultimately we had to make this very difficult decision.” said Dan Thies, President of the Science Station board. “The theater has not been profitable in recent years and we can no longer afford to subsidize it at the expense of our core mission.”

January 3, 2008—The newly renovated Mugar Omni Theater at the Museum of Science in Boston reopened December 22 after a $750,000 renovation that began on September 4. The renovation was financed by former trustee David Mugar. Renovations include a 420-panel Premium Seam Dome, programmable theater lighting—which includes an LED system—as well as a digital video projection system that accommodates a wide range of media, including live feeds of televised events. Theater seats and carpeting were replaced, while lobby walls received a fresh coat of paint and new flooring was added.

January 3, 2008--IMAX Corporation and National Amusements Inc., the US’s fifth largest theater operator, today announced IMAX's sale of the Feinstein IMAX Theatre in Providence, Rhode Island, to National Amusements. The IMAX theater had been owned and operated by IMAX Corporation since it opened in June, 2000. Under the terms of the sale, National Amusements assumed ownership and control of the theater effective close of business on December 31st, 2007.

January 3, 2008--IMAX Corporation announced today that on December 21, 2007, it received a summons and complaint from the trustee under the indenture  governing the company's senior notes, seeking a declaratory judgment confirming IMAX's position that The Catalyst Fund Limited Partnership II has no basis for its legal claims against IMAX under the Indenture.

December 18, 2007--Euromax, the professional association of the European giant screen film industry, has announced its new executive committee for 2008. Members of Euromax voted for the committee, which will take office on January 1, 2008. Christian Scheidegger, Museum of Transport, has been elected as Euromax’s new president. Jessica Christensen, Cosmonova, is the new vice president theaters. Simone Appleby, Gulliver, has been re-elected as vice president production.

December 18, 2007--Filmmakers and environmentalists Francois and Jean-Jacques Mantello and ocean explorer Jean-Michel Cousteau are pleased to announce they have joined forces on the new 3D documentary film Dolphins and Whales 3D: Tribes of the Ocean, which will be released at IMAX theaters beginning February 15, 2008. This latest installment in 3D Entertainment’s ocean-themed film series will deliver a strong and compelling conservation message while bringing audiences on a close encounter, for the very first time in 3D, with small and giant cetaceans such as humpback and sperm whales, orcas, and dolphins.

December 18, 2007--IMAX Corporation and Warner Bros. Pictures today announced that I Am Legend opened strongly, with most shows sold out at IMAX theaters during its debut weekend, contributing $3.2 million of the record-breaking $77.4 million that the film grossed at the domestic box office, from December 14 through Sunday, December 16. The picture opened on 77 domestic IMAX screens, posting a per screen average of $41,936. I Am Legend also opened on 6 international IMAX screens, bringing the worldwide IMAX estimated total to $3.4 million.