IMAX Corp. (IMAX) and Chinese Theatres LLC Friday announced an agreement to add an IMAX theatre to the iconic TCL Chinese Theatre in Hollywood, through an extensive transformation of the landmark site.
The addition brings the theatre into the 21st Century and gives Hollywood its first IMAX theatre. Once complete, this will be IMAX's largest auditorium in the world in terms of seating capacity and its third-largest commercial theatre screen in North America. Closing of the agreement is subject to the issuance of final permits.
TCL Chinese Theatre will undergo its first major makeover in 85 years. The theatre will close for principal construction on May 1 and is expected to re-open to the public in late summer.
The popular handprint and footprint-populated forecourt, adjacent Chinese 6 Theatres and vast upstairs ballroom for parties, called Grauman's Ballroom, will continue operating normally during construction.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.