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RealD Inks Another Chinese Deal

Los Angeles-based RealD said late Monday that it has scored yet another win in China, this time with movie theater chain Wanda Cinema Line Corporation. According to RealD, the deal calls for the installation of an additional, 780 of its 3D movie projection systems at Wanda's locations, over the next three years. Wanda already has 800 RealD screens installed today. Financial terms of the win were not announced. RealD said it has approximately 2,450 screens installed or committed for installation in China. RealD is a provider of 3D, movie projection equipment.