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Schneider Group Acquires ISCO
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Schneider Group, a global leader in the production of
high-precision lenses, is expanding its market
position in the areas of cinema projection lenses,
home cinema and industrial lenses.
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E-City Films to distribute the first digital 3D movie in India
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E-City Films has entered into a distribution tie-up with
New Line Cinema for the distribution rights of the first
digital 3D movie.
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Digital Cinema is In -- Bollywood
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Bollywood has earned 40 per cent of its revenue from
digital screens between March 2007 and August 2008.
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Eurasia Cinemas Enters Deal with XPAND for 3D Digital Theatres
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XPAND announced they've entered a five year
exclusive deal with Eurasia Cinemas, 88%
shareholder of AFM Cinemas, Turkey's only publicly
held entertainment company and cinema mogul,
owning and operating approximately 176 screens in
ten cities.
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Looking for IBC New Product News?
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We update our IBC 2008 new product news daily. Visit
our showcase regularly to
keep up to date with new product and technology
announcements
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GDC Reports Financials
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The Hong Kong-listed company, which operates as a
primary supplier of digital cinema equipment and also
as a computer graphics house, revealed losses of
HK$58.5 million for the six months to June, compared
with profits of HK$40.5 million in the first half of last
year. Revenues slipped from HK$40.1 million to
HK$31.2 million.
The company invested heavily in a joint venture
company with China Film Group that at the end of
June had 450 digital cinemas in operation in 27
provinces around China. But GDC's revenues, derived
from a share of the box office, slipped in the period.
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