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IMAX to Launch $250,000 Home Theaters in China

China's newly minted rich can now get up close and personal to the movies after mega-screen maker IMAX Corp signed a deal to produce luxury home theatres in the company's second largest market. The fifty-fifty joint venture with Shenzhen-based TCL Multimedia Technology Holdings Ltd. will give Chinese the chance to watch IMAX-enhanced Hollywood blockbusters in the comfort of their homes, maybe even on the day of their world premieres. The price? At least $250,000. The ...

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