From the monthly archives:

February 2009

Executive Summary

February 2009

  • Dolby. Major changes took place in the company, with Ray Dolby stepping down as Chairman, and CEO Bill Jasper announcing his retirement.
  • Paramount’s VPF offer. System integrators are not only unhappy, but the public nature of the offer is causing problems overseas. The jury is out as to whether Paramount’s action is helping to install more 3-D screens, or hurting it.
  • Texas Instruments retracts 3-D license for Series 1 projectors, but continues with plans to license 3-D for Series 2.
  • NATO members to meet with TI in March.
  • CBG’s Wayne Anderson will retire from the buying group in March.
  • European deployment entity Arts Alliance signs up self-organized independents in The Netherlands.
  • Disney posts first exhibitor-oriented site for digital cinema.
  • SMPTE working groups met in February. Changes proposed to 430-6 Auditorium Security Messages (ASM) were presented, which was only published last June, and progress reported on the CSP/RPL protocol for closed captions.
  • DCIP. Cinemark provided no hint as to progress on financing negotiations.
  • ISDCF plans the industry’s first open 3-D luminance test Tuesday, March 24, in Burbank.
  • Technicolor adds Grass Valley, PRN, and its stake in Screenvision to its for-sale list.
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3-D

February 2009

With a full slate of 3-D releases coming out, the push is on to grow the 3-D theatre footprint. Small exhibitors, who have largely felt left out in the digital transition, have spotted the investment opportunity. With larger exhibitors largely sitting on the sidelines, 3-D allows small exhibitors to attract audience away from their larger [...]

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Dolby

February 2009

Major changes were announced at Dolby. Ray Dolby stepped down as Chairman, with investor Peter Gotcher stepping up to the role. CEO Bill Jasper, who began as company treasurer in 1979, announced his retirement, with CFO Kevin Yeaman, who joined in 2005, taking over as CEO. Both Ray and Bill will remain on the board [...]

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Paramount

February 2009

Is Paramount helping to put more 3-D screens in theatres? Some say not. The company’s direct virtual print fee (VFP) financing plan, where it offers to make such payments directly to exhibitors for a single 3-D screen, may have done more to hold up negotiations for digital screens than help. 3rd party deployment entities certainly [...]

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Texas Instruments

February 2009

TI retracted its intent to license the 3-D capability of its installed base of Series 1 projectors. Nancy Fares, Business Manager for DLP Cinema, claimed the intent to license was misrepresented. The question then is whether Barco misrepresented TI when issuing a document titled “3DK FAQ.” An excerpt from the document’s introduction as released [...]

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NATO

February 2009

If you read the prior report on Texas Instruments, you won’t be surprised to learn that a team of exhibition technology executives will be visiting with Kent Novak, newly appointed SVP of the DLP division, in March. Kent is new to DLP, and is the person to whom Nancy Fares now reports. Kent, in turn, [...]

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Cinema Buying Group (CBG)

February 2009

Wayne Anderson, the volunteer Managing Director for Cinema Buying Group (CBG), will step down in March. Taking his place will be Bill Campbell, owner of the seven screen Orpheum Theatre in Wyoming. Bill has been an active leader within NATO over the years, and has been working alongside Wayne in recent months.

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Europe

February 2009

Eyeing the opportunity to deliver a wide variety of regional products to its theatre clients, a Netherlands film booker pulled together a group of 68 independent cinemas in a deal with deployment entity Arts Alliance Media. This is the first “CBG” like deal to take place outside of the US.

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