CYPRESS, CA - Christie, a global leader in visual solutions for entertainment, business and industry, continues to meet the increasing demands for 3D digital cinema with the delivery of Christie CP2000-SB DLP Cinema projectors to Malco Theatres, Inc., a leading exhibitor in the mid-South for over 90 years. The Christie CP2000-SB projectors include Brilliant3D technology and motorized lens mounts, offering a high-brightness, single lens solution that meets the needs of the audience and the exhibitor, respectively.

Malco Theatres Inc., a fourth generation, family owned movie exhibition company headquartered in Memphis, Tenn., was founded in 1915. Serving movie-going audiences in Arkansas, Kentucky, Mississippi, Missouri and Tennessee, Malco Theatres first opened as a multiplex cinema in 1987. With more than 320 screens in over 30 locations, Malco Theatres is nationally recognized as a leader in the industry for its innovative techniques and special attention given to sight, sound and patron comfort.

"As an advocate of digital cinema technology from the very beginning, we currently have more than 130 digital screens across the mid-South. With digital 3D gaining in popularity, we wanted our largest screens to have the brightest image possible for our Dolby 3D systems. Christie was able to deliver the performance and reliability we needed," noted Mike Thomson, vice-president of Technology, Malco Theatres.

Thomson also added, "At this time we found that the CP2000-SB projectors are the brightest projectors on the market. Their 1.2" full-chip triple-flash technology allows us to have 5-6 foot lamberts of light on 50-foot wide Harkness Purlux 220 screens using Dolby 3D technology. They arrived when we needed them and have been operating flawlessly since their installation."

Christie CP2000-SB with Brilliant3D triple-flash technology significantly boosts projector performance and image brightness, delivering the industry's best single lens solution for 3D. It utilizes the entire reflective surface of the Digital Micromirror Device (DMD) from Texas Instruments (TI), enabling 3D content to be projected in full 2K resolution.

"Christie's CP2000 series projectors continue to set the standards for 3D, in both resolution and brightness," remarked Brian Claypool, senior product manager, Christie Entertainment Solutions. "For the largest screens, such as those at Malco Theatres, the CP2000-SB is the best solution on the market. In addition, the motorized lens mount allows theater operators to easily and reliably change between any format with a single lens set-up, making it the most accurate and fastest lens solution available.

It reflects Christie's ongoing commitment to provide the best performing, easiest to use projection systems in the industry."

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Centennial, Colo. - You won't believe your eyes and ears on this brand new magical journey down the yellow brick road with Dorothy, her dog Toto, The Scarecrow, Tin Man and Cowardly Lion. On September 23rd, NCM Fathom, Warner Home Video and Turner Classic Movies (TCM) will give theatergoers the opportunity to experience this family classic for the first time in high definition on the big screen.

The Wizard of Oz 70th Anniversary Hi-Def Event, a special one-night only, nationwide in-theater presentation, will be held on Wednesday, Sept. 23rd at 7:00 p.m. local time. The unforgettable cultural icon has been entirely re-mastered and will be shown in movie theaters for the first time ever in high definition in an historic big-screen event that celebrates the 70th anniversary of The Wizard of Oz. The event will also feature the specially created To Oz! The Making of a Classic, an exclusive look inside Oz featuring behind-the-scenes footage, home movies and archival interviews with the cast and crew.

Tickets are available at participating theater box offices and online here. For a complete list of theater locations and prices, please visit the web site (theaters and participants are subject to change).

The Wizard of Oz 70th Anniversary Hi-Def Event will be introduced by Robert Osborne, classic film historian and host of Turner Classic Movies, who will share facts and stories about this ageless classic. The exclusive cut of To Oz! The Making of a Classic will offer audiences a unique peek into the Land of Oz through interviews with original Munchkin actors; an audio outtake of "If I Only Had a Brain" with Ray Bolger and July Garland, complete with stills and home movie footage; and a look at how the MGM artists and craftsmen created the music, costumes and amazing special effects for The Wizard of Oz in the 1930s.

"Warner Home Video is proud to be part of the year-long celebration of this cinematic treasure. We're also delighted to be bringing it into the digital age with this new painstakingly re-mastered Blu-ray, which makes it seem like you're seeing these endearing characters and hearing the unforgettable Oz songs for the first time," said Jeff Baker, Warner Home Video's executive vice president and general manager, Theatrical Catalog.

Adapted from L. Frank Baum's timeless children's tale about a Kansas girl's journey over the rainbow, The Wizard of Oz opened on Aug. 15, 1939 and is ranked among the top 10 best movies of all-time. The Wizard of Oz received five Academy Award nominations, including Best Picture and captured two Oscars-Best Song ("Over the Rainbow") and Best Original Score-plus a special award for Outstanding Juvenile Performance by Judy Garland.

"NCM Fathom continues to bring communities together in local movie theaters and we are proud to be the first to present this much-loved story to audiences in a way they're sure to remember," said Dan Diamond, vice president of Fathom. "Fans-young and old -will have a once-in-a-lifetime opportunity to see Dorothy's journey come to life on the big screen in a high definition experience that will include an exclusive look inside the making of this masterpiece."

The Wizard of Oz 70th Anniversary Hi-Def Event appears on the big screen in high definition with Cinema Surround Sound in 449 select AMC Entertainment Inc., Celebration! Cinema, Cinemark Holdings, Inc., Clearview Cinemas, Cobb Theatres, Georgia Theatre Co., Goodrich Quality Theaters, Hollywood Theaters, Kerasotes Showplace Theatres, Malco Theatres, National Amusements and Regal Entertainment Group movie theaters, as well as Arlington Theatre (Santa Barbara, CA), The Carolina (Asheville, NC), El Raton Theatre (Raton, NM), Palace Cinema 9 (South Burlington, VT) and Penn Cinema (Lititz, PA), through NCM's exclusive Digital Broadcast Network.

Warner Home Video's re-mastered Blu-ray and DVD release, The Wizard of Oz 70th Anniversary Ultimate Collector's Edition, debuts September 29. With six times higher resolution than standard DVD, along with the sonic excellence of Dolby TruHD, the film will be at its pristine best, marking an historic benchmark in the Blu-ray format. The limited and numbered Ultimate Collector's Editions will feature 16 hours of bonus features-four hours of which have never been available before now. Every package will bear a silver label containing a specific numbered version; once these packages are sold out, they will never again be available to consumers.

Visit the official website here for more information on events and products.

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Beverly Hills, CA - Tom Sherak was elected president of the Academy of Motion Picture Arts and Sciences Tuesday night (8/18) by the organization's Board of Governors.

Sherak, who is beginning his seventh year as a governor representing the Executives Branch, has served as treasurer of the Academy during the past year. He succeeds Sid Ganis, who had served the maximum four consecutive one-year terms in the office.

In addition, Actors Branch governor Tom Hanks was elected first vice president; Producers Branch governor Kathleen Kennedy and Writers Branch governor Phil Robinson were elected to vice presidents posts; Producers Branch governor Hawk Koch was elected treasurer; and Short Films and Feature Animation Branch governor John Lasseter was elected secretary. Ganis, representing the Public Relations Branch, will serve as immediate past president.

These will be the first officer stints for Lasseter and Robinson. Hanks had previously served as vice president and treasurer. Koch had previously served one term as vice president. This will be Kennedy's second consecutive term as vice president.

Sherak, a marketing, distribution and production executive with more than four decades in the motion picture industry, is currently a consultant for Marvel Studios.

Previously, Sherak was a partner at Revolution Studios where he oversaw the release of more than 40 films including Black Hawk Down, Anger Management, Rent and Across the Universe.

Prior to joining Revolution, Sherak was chairman of Twentieth Century Domestic Film Group and served as senior executive vice president of Fox Filmed Entertainment. Previously, he held various positions at Fox, including senior executive vice president, where he oversaw the distribution and post-production of Mrs. Doubtfire, Speed and Independence Day, among others.

In 1990 Sherak was named executive vice president of Twentieth Century Fox. Prior to that he was president of domestic distribution and marketing for Fox, where launched such films as Romancing the Stone, Aliens, Wall Street, Die Hard and Working Girl. He began his career in the industry at Paramount Pictures in 1970.

Academy board members serve three-year terms, while officers serve one-year terms, with a maximum of four consecutive terms in any one office.

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New York, N.Y. - Screenvision, the leading innovator in cinema advertising, announced today a new long-term agreement with Bow Tie Cinemas, owners and operators of deluxe first-run cinemas designed to bring style and elegance back to the moviegoing experience. The partnership drives Screenvision's overall screen count to 15,332. The deal comes as the quality of the digital preshow has been enhanced nationwide to accommodate exhibitors' growing interest in preshow entertainment.

"Screenvision and Bow Tie's partnership clearly demonstrates exhibitor demand for our network including the strength and entertainment value that comes with our digital preshow," commented Darryl Schaffer, Executive Vice President, Exhibitor Relations, Screenvision. "This deal brings an excellent exhibitor partner to Screenvision's growing digital network in top markets across the U.S., while also heightening moviegoers' in-theatre experience through music videos, behind-the-scenes and more."

As part of the agreement, Screenvision holds exclusive screen advertising sales representation rights for Bow Tie's early and late preshows. The deal also provides Screenvision with the rights to sell in-lobby screens and promotions. Bow Tie Cinemas has a large stake in screens across top markets nationwide, with 67 percent in the top 20 DMAs, including New York, Denver and Baltimore.

"The top notch quality and compelling content within Screenvision's digital preshow, along with their reputation as leaders in technology and service within the cinema advertising community, have made Screenvision a natural partner for Bow Tie," said Joseph Masher, CEO of Bow Tie Cinemas. "We anticipate that this new deal and the digitizing of our screens will lead to a more rewarding, entertaining, and high quality experience for all our moviegoers."

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Los Angeles, CA - Anil Dhirubhai Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group, the parent company of Reliance Big Entertainment and Reliance BIG Pictures along with Steven Spielberg and Stacey Snider, the principal partners of DreamWorks Studios jointly announced today the completion of the first phase of funding for their new motion picture company, based in Los Angeles, California. They further announced that J.P. Morgan Securities arranged the syndication of approximately $325 million of senior debt which Reliance Big Entertainment is matching with its equity commitment. The Walt Disney Studios, who will handle marketing and distribution for the studio, will also extend a loan to DreamWorks as part of the distribution deal.

The debt financing was led by J.P. Morgan, who brought together other lenders to set-up DreamWorks with its first wave of funds. Participants include: Bank of America, City National Bank, Wells Fargo, Comerica, Union Bank of California, SunTrust, California Bank & Trust, and Israel Discount Bank.

Anil Ambani said: "Our partnership with Stacey and Steven is the cornerstone of our Hollywood strategy as we grow our film interests across the globe. Given our faith in the business plan that they presented to us and despite the current economic climate, we were always confident that this day would come. Now Stacey and Steven can focus on producing more of the great films for which they are renowned."

"This will allow us to move ahead quickly into production with our first group of films, said Stacey Snider and Steven Spielberg in a joint statement. "We wish to thank Anil personally for his foresight and fortitude over the past months. We congratulate J.P. Morgan for their leadership in attracting this funding during today's most challenging financial environment. Our thanks also to our distribution partner Disney who we look forward to working with in getting our movies out to the global audience."

Joining Stacey Snider and Steven Spielberg on DreamWorks' Board of Directors on behalf of the Reliance ADA Group are Amitabh Jhunjhunwala, Vice Chairman, Reliance Capital, and J.P. Morgan's Alan J. Levine.

Alan J. Levine of J.P. Morgan Entertainment Advisors led the Reliance team in structuring the capital and business plan for the company. Schuyler Moore at Stroock & Stroock & Lavan was Reliance's counsel. DreamWorks was advised by Skip Brittenham at Ziffren Brittenham LLP, Bruce Ramer and Harold Brown at Gang, Tyre, Ramer & Brown, and Cravath, Swaine & Moore. John Miller and David Shaheen at J.P. Morgan Securities led the senior debt syndication.

"It took great dedication over many months to turn our vision for this company into a reality," said Jeff Small, President and Chief Operating Officer of DreamWorks Studios. "The time spent by everyone navigating the changing economic waters allowed us to make the most responsible deal for DreamWorks and ensure that our partnership with Reliance, from the very beginning, was built on solid ground. We appreciate the faith our bank group has in our business plan and look forward to a long and fruitful relationship with them."

DreamWorks has a long-term distribution deal with The Walt Disney Studios which will market and distribute approximately six live-action films a year for the company, except for India where Reliance Big Entertainment will retain distribution rights. The first release under Disney's Touchstone banner is expected in 2010.

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