Titanic, the world’s most watched movie event will be finally shown in Myanmar come August 17, 2012 via the latest technology called 3D. This will be released by Twentieth Century Fox, a Hollywood studio owned by James Cameron.
Fox will be distributing its film with a licensing agreement with Mingalar Company considered to be the biggest and well-known film exhibitor in Burma, said Hollywood Reporter.
Paul Hanneman and Tomas Jegeus, both co-presidents of the Twentieth Century Fox International said that they are very pleased and satisfied with the opportunity of working with local business firms by showcasing their venture in the entertainment industry.
Though they have stabilized their marketing schemes in places like Cambodia, Mongolia and Papua New Guinea, this time they get so fascinated to try their film ventures in Myanmar as series of reforms undertaken by President Thein Sein were warmly accepted and embraced by many countries.
Mingalar which is into export and import business and a general trading too has established its first cinema in the Myanmar in year 1995 and now it’s operating eight single-screen theatres. Eighty percent of domestic film exhibits are controlled by the company while foreign film exhibit stands at ninety percent, the report said.