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Digital Cinema Rollout

Three Top U.S. Theater Owners Plot Digital Cinema Rollout

Authored by Mark Hefflinger on December 16, 2005 - 8:12am.
Denver - National CineMedia, a joint venture of three top U.S. movie theater chains -- AMC Entertainment, Cinemark USA and Regal Entertainment Group -- announced this week that it is now working on a digital cinema business plan. "NCM's primary objective is to work with manufacturers to reduce the cost of digital cinema equipment through efficient volume purchasing for NCM's partners' 13,000 screens and other participating exhibitor screens," said NCM chairman and CEO Kurt Hall. "NCM will also seek to develop an efficient financing structure for the purchase of the digital cinema equipment that will be open to all capital sources…Once the financing model and equipment volume pricing has been established, our founding partners and other exhibitors who participate will have ultimate responsibility for deployment of digital cinema systems."
tags: Movie | U.S | Theater Owners | Digital Cinema Rollout |

Technicolor Partners With Three Studios on Digital Cinema Rollout

Authored by Mark Hefflinger on April 12, 2005 - 10:21am.
Los Angeles -- Three Hollywood studios -- Disney, Warner Bros. and Sony -- have partnered with French media equipment maker Thomson's Technicolor Digital Cinema unit to accelerate the rollout of digital cinema equipment in movie theaters, according to The Hollywood Reporter. Both Technicolor and the studios declined comment on the deal, but sources said the studios will help bankroll an initial deployment of digital projectors for 3,000 movie theater screens, at a cost of about $200 million -- making up their investment in cost savings on traditional celluloid film prints. The Technicolor deployments will comply with standards set by the Digital Cinema Initiative, a trade group of the seven major movie studios established to create technical specifications for digital cinema. Joe Berchtold, president of Technicolor Electronic Content Distribution Services, is expected to manage the three studios' digital cinema efforts.
tags: Deal | Digital Cinema Rollout | Technicolor | Three Studios |