SAN DIEGO -- Continuing its role as a full-service digital cinema solution provider for exhibitors of all sizes, Sony Electronics is expanding the industry-leading footprint of its 4K projection technology. The company's Digital Cinema Solutions group currently has about 5,000 Sony 4K screens worldwide; with one-third of those equipped for 3D - and aggressive plans are in place to install approximately 2,000 more systems, mostly covering a range of small- to mid-sized circuits.

Furthering its ability to facilitate an exhibitor's conversion, Sony is also continuing its work to pursue exhibitor financing and deployment deals in the more than 20 other countries in which Sony digital cinema is planning to operate. Most recently, Sony Electronics secured $140 million in financing that will pave the way for Sony to help exhibitors of all sizes to convert their operations to digital technology.

"The digital cinema transition is not exclusive to the large national exhibitors with thousands of screens," said Gary Johns, senior vice president, Digital Cinema Solutions, Sony Electronics. "Sony is equally committed to the smaller and independent exhibitors as we are to the largest circuits. Some of the greatest success stories and innovation are at the independent and regional level, and this latest round of financing will go a long way toward enabling Sony to offer conversion opportunities across the industry."

In addition to Sony 4K projection systems, as well as integrated software and servers, customers can turn to Sony for digital signage, including displays, controllers, software; installation, monitoring, maintenance, content creation and distribution services.

"We look forward to collaborating with many more small and mid-size exhibitors," said Pat Leon, Senior Manager, Business Development, Sony Digital Cinema Solutions. "Digital movies - in 2D and 3D -- have already proven to be a big hit at the box offices, and the movie-going consumers have enthusiastically responded to our Sony 4K projectors for a truly state-of-the-art experience."

Sony's Digital Cinema Solutions Group has digital deployments underway with a range of exhibitors, including AMC Theaters and Regal Entertainment Group -- the two largest theater chains in North America -- and, most recently, National Amusements. The group is also working with several other national and regional theater chains - including Muvico Theaters, Frank Theatres, Hollywood Theaters and Lincoln Square Cinemas, among many others -- to implement 4K projection technology and other Sony solutions.

 

 

 

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CHICAGO -- NEC Display Solutions of America, a leading provider of commercial LCD display and projector solutions, announced today that Dickinson Theatres has selected NEC DLP Cinema® projectors and GDC servers for 250 digital cinema systems. The full digital conversion will take place in 25 theatres in 5 midwest states, half of which are expected to be completed in the next 12 months. Ballantyne Strong, Inc. (NYSE Amex: BTN) is the project's reseller and will provide installation services; Cinedigm will provide the deployment support utilizing its integration program, while full financing is provided by NEC Financial Services and bankers Macquarie International.

"We are delighted to have secured this contract with Dickinson Theatres and to have NEC Financial Services provide the financing to make this deployment possible," said Pierre Richer, President and C.O.O. of NEC Display Solutions. "NEC's Digital Cinema Projector Series provides the highest quality for moviegoers, and when coupled with NEC's financing solutions, represents a best-in-class solution for exhibitors looking to make the move to digital. Partnering with Ballantyne and Cinedigm on this particular deployment is not only an asset for NEC but a building block to leverage Dickinson's theatres."

The system installation will include, in addition to NEC's fully 4K-upgradeable projectors, GDC Servers and digital audio hardware. The Digital Cinema Projector Series is fully Digital Cinema Initiatives (DCI) Compliant and exceeds the high standards in the digital cinema industry with enhanced cooling capabilities and user interface. Dickinson has taken advantage of NEC's unique financing services, which has been an asset to many of NEC's negotiations for digital conversions in cinemas this year.

"Having the new screens will allow us to celebrate our 90th anniversary this November with 3D films, live sports programming and concert films," said John Hartley, President and CEO of Dickinson Theatres. "It's an exciting adventure for us to begin at such a pivotal point in our company's history. Working with NEC, Cinedigm and Ballantyne has been a perfect fit for this project from conception."

"As NEC's master reseller for digital cinema projectors in the Americas, we are very excited to team with NEC and Cinedigm to execute this turnkey digital cinema deployment for Dickinson Theatres, a long-time Ballantyne customer," said John Wilmers, President and CEO, Ballantyne Strong.

"GDC is delighted to be a part of Dickinson Theatre's digital cinema conversion plan," said Dr. Man-Nang Chong, founder and CEO of GDC Technology. "Having established a solid partnership with NEC, Cinedigm and Ballantyne Strong, we are confident that this collaboration will not only heighten the entertainment experience for customers, but also ensure Dickinson Theatres are serviced with top quality and future proof digital cinema technology."

"We value our partnership with Dickinson Theatres and are thrilled to be working with them on their digital cinema rollout in conjunction with NEC," said Chuck Goldwater, President of the Media Services Group at Cinedigm. "Multi-pronged relationships are the basis of Cinedigm's business, and being part of the digital solution for Dickinson together with our partners at NEC is right where we want to be."

For more information about NEC's digital cinema projectors, please visit http://www.necdisplay.com/Products/SubClass/?subclass=Projectors.
To learn more about financing options, please visit http://www.necdisplay.com/GoDigital or contact NECDigitalCinemaLease@neclease.com.

 

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Paris, France & Hollywood, Calif. -- Technicolor (Euronext Paris: FR0010918292; NYSE: TCH) today announced it has entered into an agreement with Marcus Theatres® to install Technicolor 3D, the 35mm film-based 3D system, on 15 screens at select theatre locations.

The Technicolor 3D system utilizes a next-generation 3D projector lens and film prints created with patent-pending digital processes which optimize the motion picture image for 35mm 3D projection.

Headquartered in Milwaukee, Wisconsin, Marcus Theatres is the sixth largest movie theatre circuit in the United States. Marcus Theatres currently owns or manages 684 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio.

"Technicolor has been an outstanding partner to both distributors and exhibitors for almost a century, providing essential services and technology. And now once again, Technicolor is providing an inexpensive, alternative 3D solution to facilitate the installation and exhibition of 3D in theatre locations not quite ready for digital," noted Bruce J. Olson, President of Marcus Theatres.

"For 75 years Marcus Theatres has been an industry leader in delivering high-quality presentations and the latest innovations," said Joe Berchtold, President of Technicolor's Creative Services division. "We're proud that Marcus Theatres has selected Technicolor 3D to bring the 3D experience to its customers."

Technicolor 3D is currently installed on more than 300 screens in North America, and has recently launched internationally in the United Kingdom, Germany, Italy, Spain, and Japan. The format was initially launched in theatres in March 2010. To date, nine films have been released in the format, including features from DreamWorks Animation, Lionsgate, Paramount Pictures, Universal Pictures, Warner Bros., and The Weinstein Company. Upcoming titles planned for release in the Technicolor 3D format include Jackass 3D, Saw 3D, Megamind, and Yogi Bear.

 

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ORLANDO, FL -- Harkness Screens, the world's leading manufacturer of projection screens for cinema applications, will showcase its Digital Screen Selector at ShowEast 2010 (Booth 518).

Intended as an aid to theatre operators seeking to optimise their investment in digital cinema, the Digital Screen Selector can help to:
• Reduce operating costs for 2D
• Optimise light levels for both 2D and 3D

Available through the Harkness Screens website, the Digital Screen Selector has a user-friendly interface with no software download required and uses industry-accepted standards and vendor data to compare different operating scenarios. The Selector is intended to be a guide for theatre operators when consulting with projector, lamp, and 3D technology providers.

"We are very pleased to be able to offer our new Digital Screen Selector to cinema professionals around the world," says Andrew Robinson, managing director of Harkness Screens. "By answering a few quick questions about the screen size and equipment being used in a particular theatre, the Selector suggests Harkness screen options to optimise performance and cost."

Harkness' Perlux® gain screens reduce digital cinema projector brightness requirements significantly relative to matt white screens, enabling the use of smaller lamps that are cheaper, last longer, consume less power, roughly halving operating costs. Additionally, if the screen is considered at the same time as the projector investment, a smaller (and cheaper) projector can be an option.

For new builds and digital retrofits, a Perlux® screen can pay for itself in under a year. For existing digital installations, a Perlux® replacement screen can pay for itself in just two years. Additionally, replacement screen implementations can be self-funding and deployment models can be prepared for the customer by a Harkness representative.

Gain screens can also be a "green" investment because they can help reduce theater energy consumption and can help exhibitors meet building codes for energy efficiency.

 

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NEW YORK --

Carl C. Icahn released the following statement today:

"We are holders of significant positions in both Lions Gate stock and MGM debt. Today, Lions Gate has made a proposal to combine these two companies. We believe that this combination of Lions Gate and MGM would enhance value for all constituencies and we believe this proposal as submitted is far better for MGM holders than the current proposal to combine MGM with Spyglass. In addition, we also believe such a combination transaction would enhance the value of Lions Gate shares. However, we intend to continue to pursue our lawsuits regarding Lions Gate's recent dilutive transaction with Mark Rachesky. Whether or not we prevail in those lawsuits, we intend to continue to support a combination of Lions Gate and MGM. Our support for this combination is conditioned on the combined company having satisfactory corporate governance provisions."

 

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