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.”
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