Local residents watch 3d IMAX version of the movie Avatar at the Peace Cinema in Shanghai, China, January 7, 2010. Officials from Shanghais Peace Cinema denied a report in the local Youth Daily that the cinemas senior staff participated in online ticket scalping for IMAX screenings of the sci-fi film Avatar. According to the report, an employee of a local Internet ticketing company told a Youth Daily reporter that he had some Avatar IMAX tickets for sale for screenings on Sunday evenings, January 23 and 27. He was charging 500 to 850 yuan (US$124) per ticket. The man said that all the tickets were bought directly from the cinemas senior staff members, who had already raised the ticket price to 400 to 600 yuan from the original 150 yuan when he bought them.
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