Exhibit 21

IMAX CORPORATION

SUBSIDIARIES OF IMAX CORPORATION

Company Name	Place of Incorporation	Percentage Held
3183 Films Ltd.	Canada		100
12582 Productions Inc.	Delaware		100
1329507 Ontario Inc.	Ontario		100
2328764 Ontario Ltd.	Ontario		100
4507592 Canada Ltd.	Canada		100
6822967 Canada Ltd.	Canada		100
7096267 Canada Ltd.	Canada		100
7103077 Canada Ltd.	Canada		100
7109857 Canada Ltd.	Canada		100
7214316 Canada Ltd.	Canada		100
7550391 Canada Ltd.	Canada		100
7550405 Canada Ltd.	Canada		100
7742266 Canada Ltd.	Canada		100
7742274 Canada Ltd.	Canada		100
9733248 Canada Ltd.	Canada		100
Animal Orphans 3D Ltd.	Ontario		100
Arizona Big Frame Theatres, L.L.C.	Arizona		100
Baseball Tour, LLC	Delaware		15.625
ILW Productions Inc.	Delaware		100
IMAX II U.S.A. Inc.	Delaware		100
IMAX 3D TV Ventures, LLC	Delaware		100
IMAX (Barbados) Holding, Inc.	Barbados		100
IMAX Chicago Theatre LLC	Delaware		100
IMAX China Holding, Inc.	Cayman Islands		68.46
IMAX China (Hong Kong), Limited	Hong Kong		100
IMAX Documentary Films Capital, LLC	Delaware		47.37
IMAX Fei Er Mu (Shanghai) Investment Management Co., Ltd.	People’s Republic of China		50
IMAX Fei Er Mu YiKai (Shanghai) Equity Investment Management Partnership Enterprise (Limited Partnership)	People’s Republic of China		50
IMAX Film Holding Co.	Delaware		100
IMAX FZE	JAFZA, Dubai, UAE		100
IMAX (Hong Kong) Holding, Limited	Hong Kong		100
IMAX Indianapolis LLC	Indiana		100
IMAX International Sales Corporation	Canada		100
IMAX Investment Management, LLC	Delaware		100
IMAX Japan Inc.	Japan		100
IMAX Minnesota Holding Co.	Delaware		100
IMAX Music Ltd.	Ontario		100
IMAX Post/DKP Inc.	Delaware		100
IMAX Providence General Partner Co.	Delaware		100
IMAX Providence Limited Partner Co.	Delaware		100
IMAX PV Development Inc.	Delaware		100
IMAX Rhode Island Limited Partnership	Rhode Island		100
IMAX (Rochester) Inc.	Delaware		100
IMAX Scribe Inc.	Delaware		100
IMAX (Shanghai) Commerce and Trade Co., Ltd.	People’s Republic of China		100
IMAX (Shanghai) Multimedia Technology Co., Ltd.	People’s Republic of China		100
IMAX (Shanghai) Digital Media Co., Ltd.	People’s Republic of China		100
IMAX (Shanghai) Theatre Technology Services Co., Ltd.	People’s Republic of China		100
IMAX Space Productions Ltd.	Canada		100
IMAX Spaceworks Ltd.	Canada		100

Company Name	Place of Incorporation	Percentage Held
IMAX Theatre Holding (California I) Co.	Delaware		100
IMAX Theatre Holding (California II) Co.	Delaware		100
IMAX Theatre Holding Co.	Delaware		100
IMAX Theatre Holdings (OEI), Inc.	Delaware		100
IMAX Theatre Holding (Nyack I) Co.	Delaware		100
IMAX Theatre Holding (Nyack II) Co.	Delaware		100
IMAX Theatre Services Ltd.	Ontario		100
IMAX Theatres International Limited	Ireland		100
IMAX (Titanic) Inc. (50 % owned by IMAX Corp.)	Delaware		100
IMAX U.S.A. Inc.	Delaware		100
IMAX VR, LLC	Delaware		100
IMAX Virtual Reality Content Fund, LLC	Delaware		100
IMAXSHIFT, LLC	Delaware		100
Line Drive Films Inc.	Delaware		100
Madagascar Doc 3D Ltd.	Canada		100
Night Fog Productions Ltd.	Canada		100
Nyack Theatre LLC	New York		100
Plymouth 135-139, LLC	Delaware		100
Raining Arrows Productions Ltd.	Canada		100
Ridefilm Corporation	Delaware		100
Ruth Quentin Films Ltd.	Canada		100
Sacramento Theatre LLC	Delaware		100
Sonics Associates, Inc.	Alabama		100
Starboard Theatres Ltd.	Canada		100
Strategic Sponsorship Corporation	Delaware		100
Taurus-Littrow Productions Inc.	Delaware		100
TCL-IMAX Entertainment Co., Limited	Hong Kong		50
TCL-IMAX (Shanghai) Digital Technology Co. Ltd.	People’s Republic of China		100
Walking Bones Pictures Ltd.	Canada		100