SAN JUAN, Puerto Rico & OMAHA, Nebraska -- Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products, announced today that it will provide NEC Digital Cinema projection systems along with GDC Technology's digital cinema servers and Ballantyne's own ‘silver' or ‘gain' screens to outfit 20 auditoriums for Caribbean Cinemas, the largest motion picture exhibitor in the Caribbean Islands. This most recent deployment brings Ballantyne's total installed base for Caribbean Cinemas to 62 NEC systems, or approximately 15 percent of Caribbean's total footprint. Caribbean expects to convert the remainder of its screens to digital over the next several years and anticipates that Ballantyne will continue to play a leadership role in that process.
Robert Carrady, President and CEO of Caribbean Cinemas, stated, "We have enjoyed a mutually beneficial partnership with the folks at Ballantyne Strong and greatly value their outstanding service that has helped facilitate our strong growth in the region. We began our relationship by purchasing Strong 35 mm projectors over a decade ago, and their reliability and customer support was a key reason we have entrusted Ballantyne with Caribbean's expanding digital cinema rollout."
John P. Wilmers, Ballantyne's CEO, commented, "It is particularly satisfying to work with exhibitors over an extended time period and to watch them succeed and expand their footprints. Caribbean Cinemas, led by Robert and his team, has truly done an excellent job of bringing affordable entertainment to their part of the world. With the rapid transformation to digital entertainment via 3D and alternative content, we look forward to working closely with them for many years to come."
Jeremy Renner is reportedly very close to signing a deal that will allow him to play the role of Hawkeye in the Avengers film. The project is going to be a superhero movie on steroids since it will feature a wealth of characters such as Iron Man, Thor and Black Widow. Paramount has set a May 4, 2012 release for the film.
Renner received an Oscar nod for his performance in <em>The Hurt Locker</em>, and he's obviously been receiving a ton of offers since. Later this year he'll appear alongside Ben Affleck in <em>The Town</em>.
Warner Bros. is certainly not afraid of competition.
The studio has decided to put Sherlock Holmes 2 out on December 16, 2011, which means that it will be opening on the same day as Mission: Impossible IV and Alvin and the Chipmunks 3D.
It's certainly possible that one film may be pushed out of the date due to the extreme amount of competition. While Chipmunks 3D will have family audiences to itself, Holmes 2 and M:I4 will be gunning for the same male, action-loving base. There's no question that they'll hurt each other during the opening weekend.
WASHINGTON D.C. (June 3, 2010) - CinemaCon, the official convention of NATO (The National Association of Theatre Owners), announced today that the inaugural convention will take place March 28-31, 2011 at Caesars Palace in Las Vegas. From exclusive Hollywood product presentations, to must-see premiere feature screenings, to the biggest stars, producers and directors, CinemaCon will jumpstart the excitement and buzz that surrounds the summer season at the box office. The CinemaCon schedule will be packed with sponsored events, seminars, trade show, screenings, product presentations and a gala award show honoring the very best in the movie industry.
Following the highly successful 36-year run of ShoWest NATO will now run and oversee the largest annual gathering for the cinema industry, worldwide, starting with CinemaCon 2011. The new location at Caesars Palace will offer delegates a more modern and upscale conference facility. Major presentations from the Hollywood Studios will take place in The Colosseum, Caesars' beautiful, 4,200 seat theatre. It is expected that, in its first year, CinemaCon will attract more than 5,000 industry members from all facets of the cinema world, most notably exhibition, distribution, equipment and concessions, marketing, advertising and that of social media. CinemaCon is delighted to have both the ICTA (International Cinema Technology Association) and NAC (National Association of Concessionaires) as its trade show partners. CinemaCon is all about celebrating the movie-going experience.
To pave the way for the exciting future that awaits CinemaCon, both Phil Harris, founder of Signature Theatres and Bill Stembler, Chairman and CEO of Georgia Theatre Company have been serving as Chairmen of NATO's Convention Task Force for more than four years. Two of the convention's major hires, overseeing the coordination and operation of CinemaCon, include respected convention executives Mitch Neuhauser, Managing Director, and Andrew Sunshine, Director Sponsorships and Trade Show.
"This is an exciting, new beginning as NATO and its members take ownership of the largest and most important convention for the motion picture theatre industry," noted NATO's Convention Task Force Chairpersons Phil Harris and Bill Stembler. "We can't wait to roll out the red carpet for the entire industry when CinemaCon premieres on March 28, 2011 at Caesars Palace."
Recognizing the importance of having the industry's most important gathering back in its own hands, two of the industry's most respected executives, both past NATO Chairmen, will give their full support to CinemaCon 2011. Michael Campbell, Executive Chairman, Regal Entertainment Group and Lee Roy Mitchell, Chairman of the Board/Director Cinemark USA have agreed to serve as Honorary Chairpersons.
"We firmly believe that the time is right for NATO and its members to run this most important annual gathering for the industry," said Campbell and Mitchell. "In representing all of exhibition, we are committed to ensuring CinemaCon's success. Our goal is to make this a great convention not just for exhibition, but for the entire industry. We welcome this exciting opportunity."