Regal has announced that four digital IMAX theaters will be opening by December 2010. One of these is the Edwards Valencia Stadium 12 in Santa Clarita, CA. The Valencia location actually had a full size film-based IMAX theater that opened in 1999. It was where Disney executives, including Michael Eisner, went to review Fantasia 2000 in IMAX. The theater closed two years later, when Edwards declared bankruptcy and legal issues started between the exhibitor and IMAX. It reopened in 2003 under Regal ownership, but closed again in 2006, when the projector was relocated to Regal’s location in Fresno. The new digital system will be the third iteration of an IMAX cinema at this site.