News





Cinedigm surpasses 12,200 digital screens

Oct 16, 2012

Cinedigm Digital Cinema Corp. announced it has signed more than 12,200 digital-cinema screens with 273 exhibitor partners in its d-cinema deployment. In total, Cinedigm has deployed over 70% of North American exhibitors and approximately 40% of digital-cinema screens in North America.

The company breaks down deployment numbers as follows:

* Phase One (3,724 screens): Cinedigm is the servicer and earns services fees on the total VPF revenues and also owns all residual cash flows and asset value.
* Phase Two (8,519 screens): Cinedigm is the servicer only and earns upfront license fees and recurring revenue from ongoing maintenance fees for their software division.

In the last 18 months alone, Cinedigm has signed 4,697 screens, representing 55% of its Phase 2 screen deployment, with over 175 exhibitors in that time period, representing 65% of its Phase 2 exhibitor base. Additionally, the company has the distinction of screen representation in all 50 states. Outside of the U.S., Cinedigm has screen representation in Canada, the Caribbean, American Samoa and Saipan and has made significant inroads in the last months on the international front, including selection as the digital-cinema integrator of independent cinemas in Australia and New Zealand (ICAA), as well as providing negotiation and technical services for a consortium of Brazilian theatres.

In conjunction with the National Association of Theatre Owners' Cinema Buying Group (CBG), Cinedigm has now signed over 3,000 independent CBG screens for conversion to digital cinema. Cinedigm is the d-cinema integrator partner for the CBG, a buying program for NATO's independent theatre operators in the U.S. and Canada. To date, Cinedigm has signed 180 CBC exhibitors in a total of 22 states.

Cinedigm also announced that FilmDistrict will license Cinedigm's Theatrical Distribution System to serve as its technical platform to manage key aspects of the U.S. theatrical distribution of its films. Cinedigm expects implementation will be completed in time to support FilmDistrict’s upcoming theatrical release of Red Dawn in November.


Cinedigm surpasses 12,200 digital screens

Oct 16, 2012

Cinedigm Digital Cinema Corp. announced it has signed more than 12,200 digital-cinema screens with 273 exhibitor partners in its d-cinema deployment. In total, Cinedigm has deployed over 70% of North American exhibitors and approximately 40% of digital-cinema screens in North America.

The company breaks down deployment numbers as follows:

* Phase One (3,724 screens): Cinedigm is the servicer and earns services fees on the total VPF revenues and also owns all residual cash flows and asset value.
* Phase Two (8,519 screens): Cinedigm is the servicer only and earns upfront license fees and recurring revenue from ongoing maintenance fees for their software division.

In the last 18 months alone, Cinedigm has signed 4,697 screens, representing 55% of its Phase 2 screen deployment, with over 175 exhibitors in that time period, representing 65% of its Phase 2 exhibitor base. Additionally, the company has the distinction of screen representation in all 50 states. Outside of the U.S., Cinedigm has screen representation in Canada, the Caribbean, American Samoa and Saipan and has made significant inroads in the last months on the international front, including selection as the digital-cinema integrator of independent cinemas in Australia and New Zealand (ICAA), as well as providing negotiation and technical services for a consortium of Brazilian theatres.

In conjunction with the National Association of Theatre Owners' Cinema Buying Group (CBG), Cinedigm has now signed over 3,000 independent CBG screens for conversion to digital cinema. Cinedigm is the d-cinema integrator partner for the CBG, a buying program for NATO's independent theatre operators in the U.S. and Canada. To date, Cinedigm has signed 180 CBC exhibitors in a total of 22 states.

Cinedigm also announced that FilmDistrict will license Cinedigm's Theatrical Distribution System to serve as its technical platform to manage key aspects of the U.S. theatrical distribution of its films. Cinedigm expects implementation will be completed in time to support FilmDistrict’s upcoming theatrical release of Red Dawn in November.

More Cinemas

Regal adds 20 Dolby Atmos locations

Regal Entertainment Group has installed Dolby Atmos™ in 20 of its big-screen RPX®: Regal Premium Experience theatres. More »

CineEurope to honor UniFrance Films

UniFrance Films will be honored with the “CineEurope Independent Film Award” at CineEurope 2013 in Barcelona, Spain. More »

Georgia Theatre Co. debuts new 16-plex in Athens, GA

Georgia Theatre Company will host the grand opening of its newest theatre, the multi-million-dollar University 16 Cinemas in Athens, GA, on June 14, 2013. More »

Malco Kids' Fest to benefit children's hospitals

Malco Theatres is letting kids help kids through their 2013 Kids Summer Film Fest. Over the years, the festival has raised thousands of dollars for various children’s charities. More »

ADVERTISEMENT



REVIEWS

Man of Steel
Film Review: Man of Steel

Zack Snyder’s overblown, overlong and overdone Superman reboot features a charming star turn by Henry Cavill but buries him inside a drearily violent, flashback-riddled story. More »

This is the End
Film Review: This is the End

Stoner-dude comedy depicts James Franco, Seth Rogen and friends as themselves at the end of the world. Giddily hilarious, while also surprisingly suspenseful and serious More »

Player for the Film Journal International website.


ADVERTISEMENT



INDUSTRY GUIDES

» Blue Sheets
FJI's guide to upcoming movie releases, including films in production and development. Check back weekly for the latest additions.

» Distribution Guide
» Equipment Guide
» Exhibition Guide

ORDER A PRINT SUBSCRIPTION

Film Journal International

Subscribe to the monthly print edition of Film Journal International and get the full visual impact of this valuable resource for the cinema business.

» Click Here

SPONSORSHIP OPPORTUNITIES

Learn how to promote your company at the Film Expo Group events: ShowEast, CineEurope, and CineAsia.

» Click Here