| Cinedigm Digital Cinema Receives Commitment Letters for 5-Year, Senior Credit Facilities From GE Capital and Societe Generale |
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Cinedigm Digital Cinema Corp. announced its non-recourse deployment subsidiary, Access Digital Cinema Phase 2 Corp. has received commitment letters from GE Capital's Media, Communications & Entertainment business and Societe Generale Corporate & Investment Banking for senior credit facilities totaling up to $100 million.
Once closed, these facilities will support the deployment of up to 2,133 digital systems in 2010 as contemplated under Cinedigm's ongoing 10,000-screen digital cinema rollout.
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| Look3D and RealD Licensing Agreement for Collection of Premium RealD 3D Eyewear |
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Look3D, a 3D vision company, and RealD announced that they have reached a licensing agreement for Look3D to design, manufacture and distribute RealD 3D certified premium eyewear.
Look3D eyewear will offer the same RealD 3D experience as eyewear currently distributed at RealD equipped theatres and will be compatible with all RealD theatres worldwide.
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| XPAND and Scrabble Entertainment Sign 3D Cinema Deployment Agreement |
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XPAND has entered into a non-exclusive agreement with Scrabble Entertainment Pvt. Ltd.
They are targeting a roll-out of 100 screens with the first phase commencing November 2009.
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| The Space Cinema Signs Deal with Arts Alliance Media |
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Cinema and Arts Alliance Media (AAM) announced that they have signed an exclusive VPF-based agreement to supply and integrate digital cinema projection systems across The Space's 24 sites in Italy.
In addition, AAM will be providing satellite systems on a non exclusive basis for each of the 24 cinemas, in collaboration with its partner Arqiva Satellite & Media. Read on... |
| Kinepolis deploys the SmartJog Central Library Solution |
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SmartJog announced that European exhibitor, Kinepolis Group, has selected SmartJog's Digital Cinema Central Library Servers to use in all of its 23 theaters.
Kinepolis will purchase and install the Digital Cinema Central Library Servers which are capable of storing large amount of content as well as receiving Digital Cinema Packages (DCPs) via satellite and fiber. Read on... |
| RealD Delivers over 50% of $31 Million opening weekend gross for Disney's A Christmas Carol |
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Theatres equipped with RealD's market-leading 3D cinema technology brought in nearly $16 million of the total box office for "Disney's A Christmas Carol" in Disney Digital 3D(tm), which earned an estimated $31 million during its opening weekend.
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