From the monthly archives:

March 2009

Executive Summary

March 2009

  • ShoWest update. Andrew Sriubas, Managing Director, JP Morgan Media Investment Banking, says deployment funds could be available as early as July. Paramount and Fox publicly agree to disagree on how to approach direct VPFs to the exhibitor.
  • Texas Instruments meets NATO. TI execs met with AMC, Cinemark, Marcus, and Regal. TI retracted plans to license 3-D license for Series 2 projectors, and reached out for help on Cinelink 2 and the Gore board.
  • Real D and glasses. Fox announces its intent to not pay for Real D 3-D glasses, with major backlash from exhibitors. This may not be the only assault on Real D, however.
  • Sony 4K moves forward. Sony Electronics announced its deal with AMC, plus deployment agreements with four major studios.
  • CBG focuses on weekly VPFs and alternative funding.
  • Closed Captions on display. USL showed a prototype electronic cup-holder display, as well as a proof-of-concept pair of closed caption glasses. Georgia Tech reappeared after a 1 ½ year legal battle with SightLine, this time demonstrating an iPhone w/glasses application. PCS was nowhere to be seen.
  • SMPTE completes the suite of packaging standards.
  • ISDCF conducts the industry’s first open 3-D luminance test, with interesting, positive, results.
  • Fortis comes through for XDC. Fortis Bank opened a credit facility to fund digital cinema.
  • Philips shuts down 3D Solutions. Although arguably the most successful autostereoscopic display provider, the economy caught up with investors in autostereoscopic technology.
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ShoWest Update

March 2009

Box office may be doing well, but attendance at ShoWest was reportedly 30% down this year. If it wasn’t for the bad economy, one might have thought it was part of a devilish scheme to encourage Nielsen to step aside for when NATO gets back into the trade show business in 2011. But then again, [...]

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Texas Instruments

March 2009

Technology execs from AMC, Cinemark, Marcus, and Regal met with Texas Instruments to introduce themselves to Kent Novak, new SVP of DLP at TI. With the economic downturn, TI has made strategic internal changes that will lead it to become more of a chip maker than a sub-system maker. It’s been said that TI could [...]

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RealD and Fox

March 2009

Fox chose ShoWest to announce that it would not pay for Real D glasses with the release of Ice Age in June. This has caused tremendous backlash from exhibitors, particularly Regal. The implicit agreement for using Real D was that exhibitors pay for the Real D license, and studios pay for the Real D glasses. [...]

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Sony 4K

March 2009

Sony announced its long-awaited “agreement in principle” to supply digital cinema systems to 4600 AMC screens. For Sony Electronics, this is a significant breakthrough. Not announced was how the higher priced Sony projectors would be paid for.
Sony Electronics DCSS group (Digital Cinema System Sales) has now signed deployment agreements with fours studios: Sony, Disney, Fox, [...]

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Cinema Buying Group (CBG)

March 2009

Cinema Buying Group, representing a large number of small independent theatre owners in the US, is seeking ways to move forward with its Cinedigm deal. One possibility under discussion with studios is to make widely available the weekly VPF offered by Paramount in its direct-to-exhibitor financing offer. Paramount’s offer is innovative in offering a 1/3 [...]

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Closed Captions

March 2009

State Attorney General-initiated lawsuits against exhibitors over ADA (American’s with Disabilities Act) compliance are now active in three states. As the potential grows to begin a large-scale rollout of digital cinema to major exhibitors, the ability of digital cinema to meet ADA compliance comes into question.
To date, only the WGBH Rear Window system is available [...]

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SMPTE

March 2009

A short footnote in this report, but a hugely significant achievement, was SMPTE’s publication of the final packaging standard in March, completing the suite of packaging standards for digital cinema. This effort began in late 2001 with a group pulled together by your author, most of whom had been working on incompatible packaging concepts within [...]

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