Ballantyne Strong, Inc., a provider of digital cinema projection
equipment and services, cinema screens and other cinema products,
will provide 66 NEC Digital Cinema projection systems with RealD 3D
technology to National Amusements, Inc. (39 systems) and Marcus
Theatres Corp., a division of The Marcus Corp (27 systems).
With each projector, Ballantyne Strong will provide high-gain
“silver” screens required for 3D projection, and its service group
will install over half of the projection systems. The installations
are expected to be completed in the first and second quarters of
calendar 2010.
Funding for the projectors was completed via Digital Link II, LLC
(Digital Link II), an entity formed by RealD and Ballantyne in
which Ballantyne has a 44% stake. NEC Finance provided debt
financing to Digital Link II to fund the projector deployment.
Ballantyne and RealD each provide guarantees for the debt based on
their respective ownership in Digital Link II. The cinema screen
sales are outside of the Digital Link II facility.
John P. Wilmers, Ballantyne’s CEO, commented, “We are pleased to
again team with RealD to expand the digital and 3D footprints of
these important, long-term customers. It is particularly gratifying
given these exhibitors’ satisfaction with systems we have
previously provided to them.”
Home > News and Features >News > Digital Cinema
Ballantyne Strong to Deliver 66 Digital Projection Systems to Leading Exhibitors
March 18, 2010
Ballantyne Strong to Deliver 66 Digital Projection Systems to Leading Exhibitors
March 18, 2010
Ballantyne Strong, Inc., a provider of digital cinema projection equipment and services, cinema screens and other cinema products, will provide 66 NEC Digital Cinema projection systems with RealD 3D technology to National Amusements, Inc. (39 systems) and Marcus Theatres Corp., a division of The Marcus Corp (27 systems).
With each projector, Ballantyne Strong will provide high-gain “silver” screens required for 3D projection, and its service group will install over half of the projection systems. The installations are expected to be completed in the first and second quarters of calendar 2010.
Funding for the projectors was completed via Digital Link II, LLC (Digital Link II), an entity formed by RealD and Ballantyne in which Ballantyne has a 44% stake. NEC Finance provided debt financing to Digital Link II to fund the projector deployment. Ballantyne and RealD each provide guarantees for the debt based on their respective ownership in Digital Link II. The cinema screen sales are outside of the Digital Link II facility.
John P. Wilmers, Ballantyne’s CEO, commented, “We are pleased to again team with RealD to expand the digital and 3D footprints of these important, long-term customers. It is particularly gratifying given these exhibitors’ satisfaction with systems we have previously provided to them.”
With each projector, Ballantyne Strong will provide high-gain “silver” screens required for 3D projection, and its service group will install over half of the projection systems. The installations are expected to be completed in the first and second quarters of calendar 2010.
Funding for the projectors was completed via Digital Link II, LLC (Digital Link II), an entity formed by RealD and Ballantyne in which Ballantyne has a 44% stake. NEC Finance provided debt financing to Digital Link II to fund the projector deployment. Ballantyne and RealD each provide guarantees for the debt based on their respective ownership in Digital Link II. The cinema screen sales are outside of the Digital Link II facility.
John P. Wilmers, Ballantyne’s CEO, commented, “We are pleased to again team with RealD to expand the digital and 3D footprints of these important, long-term customers. It is particularly gratifying given these exhibitors’ satisfaction with systems we have previously provided to them.”
More Digital Cinema
IMAX signs exclusive seven-year deal with BarcoIMAX Corporation selected Barco as the exclusive, worldwide projection technology partner for its IMAX theatres for the next seven years. More » |
GDC SX-2000A server passes DCI testsGDC Technology announced that its SX-2000A Digital Cinema Server with Integrated Media Block (IMB) successfully passed the full range of tests required by the Compliance Test Plan for the DCI Digital Cinema System Specification (DCSS). More » |
|
Christie supports drive-ins' transition to digital projectionAs part of a national initiative to usher America’s drive-in theaters into the digital age, Christie is a sponsor of the 12th annual convention for the United Drive-In Theatre Owners Association (UDITOA), Feb. 6–9, in Kissimmee, Florida. More » |
Megaplex Theatres chooses Cinedigm for digital deploymentCinedigm Digital Cinema Corp. announced a long-term virtual-print-fee (VPF) deployment agreement with Megaplex Theatres. More » |
ADVERTISEMENT
REVIEWS
Film Review: The Woman in Black
The unimaginative approach of both director and screenwriter make this attempt at classy horror singularly uninvolving and lacking in the essential element of surprise. More »
Film Review: Big Miracle
Fictional treatment of the 1988 effort to rescue three whales trapped under Alaskan ice features a wide-ranging cast of characters and offers solid family entertainment. More »
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.
ORDER A PRINT SUBSCRIPTION
Subscribe to the monthly print edition of Film Journal International and get the full visual impact of this valuable resource for the cinema business.
SPONSORSHIP OPPORTUNITIES
Learn how to promote your company at the Film Expo Group events: ShowEast, CineEurope, and CineAsia.
Film Journal International News
Film Journal International News - A trade publication covering the motion picture industry, including theatrical exhibition, production, distribution, and allied activities.
Film Journal International, now in its 73rd year, is a trade publication covering the motion picture industry, including theatrical exhibition, production, distribution, and allied activities.
Film Journal International covers key aspects of the Film Industry, from the latest Movie Reviews to all the best resources for Movie Theater Owners. Since 1934 our editorial experts cover all aspects of the Film industry, from Movie Box Office News to trends and more. For independent Cinema Owners operating in the US, Film Journal provides an inside look at Movie and Concession Equipment, from Popcorn to Projectors. For Filmmakers and industry insiders looking to distribute their works, Film Journal International provides an array of Movie and Distribution Resources, from the Blue Sheets database to Digital Cinema News. Our publication is considered one of the web's most valuable and comprehensive sources for Movie Reviews and information on upcoming Films.
ABOUT US | CONTACT US | ADVERTISING OPPORTUNITIES | RSS | SITE MAP