MORRISTOWN, NJ -- Cinedigm Digital Cinema Corp. (Cinedigm) (NASDAQ: AIXD) (NASDAQ: CIDM), formerly known as Access Integrated Technologies, Inc., announced the company's shares of Class A common stock will begin trading on the NASDAQ Global Market System (GM) today under the symbol "CIDM." CIDM will replace the former symbol AIXD.
Los Angeles, CA - Fandango is introducing a new way to give the gift of movies this holiday season at fandango.com/fandangobucks.
Previously available only for deliverability via email, Fandango Bucks are now also available as hard-copy customizable gift cards. Consumers can customize the cards by uploading their own photos and messages onto the gift card or they can select one of several festive designs featuring the Fandango Bag Puppets and other holiday icons. The Fandango Bucks gift cards can be presented inside customizable greeting cards and delivered by the U.S. Postal Service.
A limited edition Twilight gift card is also available. This collector’s item is already a popular gift for fans of the nation’s #1 movie.
Current sales of Fandango Bucks are outperforming last year’s sales at the same point in the holiday season, proving that moviegoing is still a favorite holiday activity, even during tough economic times.
MORRISTOWN, NJ -- Access Integrated Technologies, Inc. (the "Company") (NASDAQ: AIXD) announced today that it will be changing its name to Cinedigm Digital Cinema Corp. (Cinedigm). The Company is the global leader in providing the technology and services that enable movie theaters to convert to digital cinema exhibition. This conversion allows for significantly expanded possibilities for big-screen theater-based entertainment, including live performances and events in 3-D.
The Company's new name and identity is designed to better represent the Company's leading position in the new paradigm in cinema entertainment made possible by its technology and services. The change also corresponds to the Company's leading industry role in digital cinema and continued expansion of its footprint with the next 10,000 screens that the Company expects to bring online with its unique nationwide satellite platform.
"It's time that we had a brand that more accurately captures the real promise of what we offer," said Bud Mayo, the Company's Chairman and CEO. "Our platform takes the movie-going experience beyond cinema, allowing studios, theatres and content-creators to enhance and expand the kinds of content they can provide to consumers."
Mayo continued, "We have successfully brought true digital cinema to over 3,700 screens in the U.S. and are preparing to almost triple that number over the coming few years. Digital cinema is a terrific opportunity for the industry and enables a wonderfully improved experience for consumers, so we are very excited about what's ahead for our business and industry."
The Company will seek approval by its stockholders of the new corporate name at its next stockholders' meeting in September 2009. Until such approval, the Company will maintain its corporate name but also do business as Cinedigm Digital Cinema Corp. and will use the brand name Cinedigm. The Company's subsidiary, The Bigger Picture, will also be changing its name to Cinedigm and will be known as Cinedigm's Alternative Content Distribution group. A new stock symbol that will better reflect the Company's name is expected from NASDAQ shortly. Until such time, the Company's stock symbol will remain (AIXD).
Toronto, ON - Cineplex Entertainment and E1 Films Canada are pleased to announce that advance ticket sales for the highly anticipated movie Twilight, which opens in wide release today, have reached record breaking levels exceeding more than one million dollars.
“Advance ticket sales for Twilight have been unprecedented, breaking all records previously held for pre-sales,” said Ellis Jacob, President and CEO for Cineplex Entertainment. “There has been huge anticipation for this movie and, in the last week, we saw a tremendous surge in advance ticket sales across the country.”
“These record-breaking numbers are indicative of the worldwide phenomenon that is Twilight,” said Bryan Gliserman, Co-President of E1 Films Canada. “Twilight fans are devoted to this story and we are proud to bring this enormously anticipated film to audiences across Canada.”
Twilight opens in wide release today on approximately 500 screens across the country including Cineplex Entertainment theatres. Offering guests the opportunity to be amongst the very first to experience this highly anticipated film, advance tickets can be purchased online at www.cineplex.com, on your mobile phone and at participating Cineplex Entertainment theatre box offices.
NEW YORK, NY - Continuing the strategy to offer theatre exhibitors compelling alternative content programming that drives revenue during off-peak periods, Screenvision, a leading cinema advertising sales, services and content distribution company, will partner with Major League Baseball Productions, the Emmy® award-winning in-house production department of Major League Baseball to bring the Official 2008 World Series Film to select New Jersey and Pennsylvania theatres. The film, chronicling the Philadelphia Phillies epic 2008 Championship Season, will be featured at participating National Amusements, Clearview Cinemas and Frank Theatres locations in Pennsylvania and New Jersey on November 24th at 7:30pm for a one time only event. National Amusement’s The Bridge Cinema de Lux in Philadelphia will hold a public red-carpet event that night with the World Series trophy on display and members of the Phillies’ organization attending. Tickets for the red carpet event are $25 (all other screenings are $10) and are available at mlb.com.
In the sports arena, Screenvision has garnered strong success with several recent initiatives including: Mets at the Movies, live baseball game events in the New York/New Jersey market; Return to the Rafters, the story of the 2007-2008 Boston Celtics, which recently ran at select National Amusements theatres in New England; and the documentary UltraMarathon Man: 50 Marathons • 50 States • 50 Days, which was showcased in theatres across the country.
“Screenvision is committed to our exhibitor partners’ success. Our growing alternative content slate provides added entertainment options that bring additional revenue streams during off peak hours. Over the past year, we have found that sports is an area that works extremely well in the theatre,” said Darryl Schaffer, executive vice president, exhibitor relations for Screenvision. “The Official 2008 World Series Film is an incredible sports documentary that Philadelphia fans have been waiting a long time for - in fact more than 28 years. We believe the exciting content coupled with the feverish fan base in the Philadelphia area will make this an in demand event for our participating exhibitors.”
“With our first-ever multi-theater and HD offering of the World Series Film, Philadelphia Phillies fans can relive the larger-than-life moments of their team’s incredible Postseason journey on the big screen in theatres throughout Pennsylvania and New Jersey,” said Elizabeth Scott, Vice President of Programming of Business Affairs, Major League Baseball Productions. “We’re excited to partner with Screenvision, whose network of partner exhibitors has allowed MLB to scale this event up as fan interest has demanded. It’s a week out from the event and we’ve already sold more tickets than the capacities at the single venues we’ve hosted the screenings at in years past.”
Launched in 2007, Screenvision’s alternative content division has been able to provide exhibitors with a wide array of intriguing programming ranging from operas and sports to documentaries and children’s films. In addition to the sports programming, the division has presented La Scala opera series as well as the family film The Ballet Shoes. Screenvision is able to develop programming strategies for both wide national releases as well as more localized and regional events presented through Screenvision’s High Definition digital network.