Source: Showbiz411.com

Director Barry Sonnenfeld has revealed that a third installment of the Men in Black series is moving forward with Will Smith and Tommy Lee Jones attached. It should come as no surprise that the project will be shot in 3D. Sony is aiming for a May 2011 release.

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The second film was released in 2002, and it grossed an impressive $190.4 million domestically. When adjusting for inflation that equates to around $246.2 million.

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Source: Cinematical

While most blockbusters being put into production are in 3D these days, don't expect Christopher Nolan's third Batman film to latch on to the technology.

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Wally Pfister, who shot both Batman Begins and The Dark Knight for Nolan, isn't ruling out 3D entirely, but he's made clear that Nolan isn't exactly a fan of the format.

Pfister also sat behind the camera for Nolan's Inception, which is due out this July. The director refused to use 3D on that project.

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New York, NY - Screenvision, the leading innovator in cinema advertising, has entered into a long-term agreement with Harkins Theatres, the premiere entertainment company in the Southwest. Harkins is a top 10 exhibitor with 30 locations representing 428 movie screens across Arizona, California, Colorado, Oklahoma, and Texas. They have a high concentration of theatres in the important Phoenix (DMA #12) area and 89 percent of Harkins Theatres are located in top 20 DMAs.

"Harkins Theatres operates state-of-the-art megaplexes within key demographic areas. Securing such a high profile and sought after theatre operator is a coup for Screenvision," said Darryl Schaffer, Executive Vice President, Exhibitor Relations, Screenvision. "Harkins Theatres joins an industry-leading group of exhibitor partners including Malco Theatres, Marcus Theatres, and Rave Motion Pictures that have recently signed long-term contracts with Screenvision."

Under this new deal, Screenvision continues to have the exclusive rights to sell the on-screen preshow and non-exclusive rights to promotions.

"We are very excited to extend our relationship with Screenvision. We are impressed with Screenvision's commitment to future innovation and how this will assist us in delivering the Harkins Ultimate Moviegoing experience" said Mike Bowers, Harkins Theatres President and COO.

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Washington, DC - The U.S. Commodity Futures Trading Commission (CFTC) today approved the applications of Cantor Futures Exchange, L.P. for designation as a contract market and Cantor Clearinghouse, L.P. to be registered as a derivatives clearing organization. The Commodity Exchange Act requires the Commission to approve such applications if the applicant meets criteria enumerated in the Act.

Cantor also has requested approval from the CFTC of a contract related to domestic motion picture box office receipts. The Commission is still considering that contract. Moreover, given the novel nature of the contract that Cantor has proposed trading, the CFTC has requested, and Cantor has agreed, that rather than self-certifying such contract, Cantor will submit all new classes or categories of media-related contracts it intends to list for approval by the Commission. The Commission has not approved the trading of any futures or options related to box office receipts at this time.

 

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SAN DIEGO -- Muvico Theaters, one of the earliest adopters of Sony digital cinema 4K technology, has completed the current phase of its digital conversion. The exhibitor now has five theaters equipped with Sony 4K digital cinema technology for a total of 89 screens, of which 17 are outfitted for 3D by combining Sony's single-projector 3D lens system with RealD® 3D technology.

Muvico's locations have had great success with 3D screenings, and the exhibitor is gearing up for the heavily anticipated release of Sony Pictures' Kenny Chesney: Summer in 3D.

In addition to 3D, Sony's Digital Cinema Solutions and Services (DCSS) group has actively provided Muvico's locations with alternative content programs focused on in-theater gaming and digital cinema music events. Muvico successfully led a Sony PlayStation® gaming in-theater event at two key locations, Chicago and Los Angeles, for the gaming title, "Uncharted2: Among Thieves." Following the game event, Muvico also participated in the pilot Digital Music Series, hosting a special live appearance of band members from Creed at its West Palm Beach location to screen the band's DVD prior to release date.

The DVD screening premiered at 139 theater locations, and the event provided a rare opportunity for Muvico attendees to meet the band prior to the screening and participate at the theater.

"Muvico is more than just a ‘movie theater chain,' it's a total entertainment company," said Gary Johns, senior vice president of Sony's digital cinema division. "Its vision for the modern movie theater is far-reaching, and extends beyond the auditorium and into the lobbies, restaurants, and more. They are pioneers in the effort to create movie theaters as ‘digital destinations.' We're thrilled to be working with such a groundbreaking organization, providing them with the best technology foundation as they move forward with their 4K digital conversion."

The DCSS group's focus is to install Sony 4K projection technology, in addition to providing integration, installation, maintenance and technical support.

"Muvico continues to be at the forefront of technology, utilizing Sony 4K projection, to provide the highest definition in cinema," said Hal Cleveland, President and CEO of Muvico. "Sony has leveraged its entire breadth of resources to help us offer diverse alternate content programming, enhancing what is already a unique movie-going experience."

Muvico locations continue the exhibitor's "Premier Concept," of "drink, dine and watch," offering such services as VIP reserved seating for guests 21 years and older, complimentary popcorn, and Bogart's full-service restaurant and bar while enjoying the latest blockbuster in Sony 4K technology.

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