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EIB to lend up to EUR 65 million to XDC for its digitization roll-out plans in Europe |
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The European Investment Bank (EIB) will grant financing of up to EUR 65 million to XDC, in the framework of the financing structured by BNP Paribas Fortis to contribute to its digitization roll-out plans in Europe.
This will also strengthen XDC's research and development activities to further improve its digital cinema solutions. Read on... |
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Sony Electronics Announces Digital Cinema Deal with Warner Bros. Studios |
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Sony Electronics' Digital Cinema Solutions and Services (DCSS) group has entered into a non-exclusive digital cinema deployment agreement with Warner Bros. Studios that will provide operational and financial resources to exhibitors to encourage them to feature Sony's 4K SXRD projection technology in both 2D and 3D digital cinema-enabled screens.
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| JP Morgan raises financing to pay for rollout of digital cinema |
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Lifting a roadblock to the rollout of 3-D in theaters, investment firm JP Morgan has raised nearly $700 million to finance the digital conversion of thousands of screens around the country, three people familiar with the matter said a couple of weeks ago.
The funding, delayed for longer than a year due to the credit crunch, would pay for the installation of digital projectors for about 12,000 screens, easing a bottleneck caused by an abundance of 3-D movies competing for not enough screens.
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| Christie Ships and Installs 'Series 2' DLP Cinema Projectors |
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Christie has confirmed full production, shipping and installation of the latest generation of 4K-ready DLP Cinema projectors, the Christie Solaria series, beginning with the Christie CP2220.
Designed to meet all Digital Cinema Initiatives (DCI) specifications, the Christie Solaria is fully upgradeable to 4K digital cinema and features Christie Brilliant3D technology.
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SmartJog and Ymagis sign a partnership agreement for the electronic delivery of DCPs to cinemas |
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Ymagis will facilitate the deployment of the SmartJog solution for the digital delivery of the DCPs (Digital Cinema Packages) to theaters using the Ymagis Cinema Central Server, which is supplied to each of the cinemas under contract with Ymagis.
In the first phase, operators will be able to equip their cinema with a SmartJog Gateway integrated with their Ymagis Central Server.
In the next phase, Ymagis and SmartJog plan to install the SmartJog software solutions directly onto the Ymagis Cinema Central Server so that the latter can also serve as a reception Gateway.
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