Unviersal Pictures

Report: Universal to Help Finance Digital Cinema Deployment

Authored by Mark Hefflinger on September 8, 2008 - 1:24pm.

Los Angeles - GE's (NYSE: GE) Universal Pictures will join News Corp.'s 20th Century Fox and Viacom's Paramount Pictures in helping to finance the deployment of digital cinema projection systems in movie theaters, The Wall Street Journal reported. The deal with Digital Cinema Implementation Partners (DCIP) -- whose Regal Entertainment, Cinemark and AMC operate a combined 14,000 screens -- is expected to be announced this week, people close to the situation told The Journal.

tags: Digital Cinema | Movies | DCIP | Unviersal Pictures |