Imax Corp.has announced that the Douglas family, its largest shareholder, is adding to its stake by buying 2.7 million shares for $18 million in a private placement. IMAX also said Wachovia Capital Finance Corp. has agreed to expand and ease the terms of its credit facility.

The transactions will help fund this summer's roll-out of the Imax digital projection system, and Imax stock rose more than eight per cent on the news.

Dalsa Corp. is looking for a partner to help seek out strategic partnership opportunities for its digital- cinema division.

We've all heard about the money we'll all be receiving as part of the new economic stimulus package but did you know there are substantial saving and incentives for businesses too?

The Digital Cinema Grant Program is inspired by and modeled after Panavision's Educational Grant program.

The Digital Cinema Grant makes a RED One camera package available to independent productions for periods up to 4 weeks on a grant basis.

The UK Film Council's new Development Fund programme for first-time filmmakers has made its first awards to talent and projects reflecting the fund's ambition to open up opportunities for budding writers and filmmakers across the UK.

The first set of awardees includes three writers who are completely new to the industry.

Circuit George Raymond (CGR Cinémas), one of France's largest cinema chains and Arts Alliance Media (AAM), Europe's specialist in digital cinema technology, content and deployment have announced the installation of France's first fully digital 12-plex cinema at La Rochelle.

Eastman Kodak Company today announced that Kimberly A. Snyder has been promoted to President and General Manager of the company's market- leading Entertainment Imaging business, effective immediately.

As President of Entertainment Imaging (EI), Snyder will be responsible for all aspects of Kodak's business with the motion picture and television industry. This includes both the traditional film technologies used to capture and print moving images, as well as the evolving digital technologies that provide new imaging capabilities and the promise of a new cinematic experience.

HD EXPO produces premiere industry events for the production and content creation communities.

As the Official Partner for Cannes Film Festival, XDC is providing all of the necessary equipment, as well as its know-how, to support, under the technical supervision of the French CST, all the digital screenings including the parallel sections during the May competition.

Sonic Equipment Company invited exhibitors, theatre owners, and industry personnel to a presentation and demonstration of Digital Cinema last week.

This event included information on how a digital system works, pricing for equipment, and possible leasing options.

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