News





Arts Alliance and Barco announce 100 million-euro d-cinema leasing program

March 2, 2012

Arts Alliance Media (AAM) and Barco signed a memorandum of understanding to offer a financial leasing program to exhibitors across Europe to convert to digital cinema. The fund, named the Barco Leasing Program, has a provision for up to 100 million euros and will offer financing packages to cinemas looking to convert from 35mm to digital.

The offer is supported by ING Lease Belgium. It will be available to interested exhibitors of any size and will utilize AAM’s existing virtual-print-fee agreements with all six Hollywood majors and nearly 100 local European distributors.

AAM will begin offering the program over the coming weeks to exhibitors across Europe with the funding available for the next 18 months, targeting 2,000 screens for conversion. Equipment will be supplied by Barco, who have installed over 25,000 DLP Cinema-based digital projectors worldwide, and maintenance and support will be provided by Arts Alliance Media, who currently support over 2,300 d-cinema systems from a dedicated Network Operations Center in London.

Howard Kiedaisch, chief executive officer of Arts Alliance Media, said, “One of the critical elements to getting any exhibitor converted to digital is procuring the necessary capital investment and we’re delighted to partner with our friends at Barco to offer a solution to exhibitors throughout Europe. With Europe already over 50% converted, the remaining cinemas who have not yet converted need to move quickly or risk being left behind and we’re encouraging all operators large and small to engage in dialogue with us.”

Wim Buyens, senior VP of entertainment at Barco, added, “We expect this leasing program is going to offer the digital-cinema opportunity to more cinemas than ever before.”

Exhibitors interested in the program should contact Giovanni Dolci at Arts Alliance Media at GDolci@artsalliancemedia.com.


Arts Alliance and Barco announce 100 million-euro d-cinema leasing program

March 2, 2012

Arts Alliance Media (AAM) and Barco signed a memorandum of understanding to offer a financial leasing program to exhibitors across Europe to convert to digital cinema. The fund, named the Barco Leasing Program, has a provision for up to 100 million euros and will offer financing packages to cinemas looking to convert from 35mm to digital.

The offer is supported by ING Lease Belgium. It will be available to interested exhibitors of any size and will utilize AAM’s existing virtual-print-fee agreements with all six Hollywood majors and nearly 100 local European distributors.

AAM will begin offering the program over the coming weeks to exhibitors across Europe with the funding available for the next 18 months, targeting 2,000 screens for conversion. Equipment will be supplied by Barco, who have installed over 25,000 DLP Cinema-based digital projectors worldwide, and maintenance and support will be provided by Arts Alliance Media, who currently support over 2,300 d-cinema systems from a dedicated Network Operations Center in London.

Howard Kiedaisch, chief executive officer of Arts Alliance Media, said, “One of the critical elements to getting any exhibitor converted to digital is procuring the necessary capital investment and we’re delighted to partner with our friends at Barco to offer a solution to exhibitors throughout Europe. With Europe already over 50% converted, the remaining cinemas who have not yet converted need to move quickly or risk being left behind and we’re encouraging all operators large and small to engage in dialogue with us.”

Wim Buyens, senior VP of entertainment at Barco, added, “We expect this leasing program is going to offer the digital-cinema opportunity to more cinemas than ever before.”

Exhibitors interested in the program should contact Giovanni Dolci at Arts Alliance Media at GDolci@artsalliancemedia.com.

More Digital Cinema

GDC DCP Packager certified for Dolby Atmos mastering

The GDC DCP Packager has been certified by Dolby Laboratories for mastering Dolby Atmos soundtracks More »

 
Cinemacenter selects Doremi for digital rollout

Cinemacenter, the largest independent national exhibitor in Argentina, selected Doremi servers and media blocks   More »

Brazil's Centerplex Cinemas choose Doremi servers

Centerplex Cinemas will upgrade 44 of its units and become 100% digitally managed by Doremi servers More »

 
Vue to convert 400 screens to Sony 3D

Vue Entertainment International is converting up to 400 of its Sony 4K projection systems to Sony Digital Cinema 3D More »

ADVERTISEMENT



REVIEWS

The Equalizer Review
Film Review: The Equalizer

Former agent is drawn out of hiding to fight a Russian gang in a reboot of the 1980s television series. More »

The Boxtrolls
Film Review: The Boxtrolls

Another amazingly meticulous and stylish stop-motion tale from the Laika studio, this time focusing on a boy adopted by a population of maligned underground trolls. 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