Imax chief bullish despite recession


DAVOS, Switzerland (AP): The CEO of megascreen producer Imax Corp. said he was confident the movie business would remain "fairly recession-proof" and that his company would benefit this year from the release of the new "Star Trek" film and the latest "Harry Potter" epic.

Richard Gelfond said the Canadian company planned to release as many 10 films in Imax theaters in 2009 - up from seven last year.

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