The Ymagis Group today announced that the reporting of its full-year 2019 earnings has been delayed until May 28 at which times its board of directors will convene to approve the financial statements. Ymagis Group’s first quarter 2020 revenue will be published at the same time.
The Film Expo Group, organizers of ShowEast, have announced that the event’s 2020 edition will go on as scheduled October 19-22 at the Loews Miami Beach Hotel in Miami, Florida.
The Global Cinema Federation, a consortium of the National Association of Theatre Owners, the International Union of Cinemas and eleven leading cinema operators, issued a statement today in response to the COVID-19 crisis. The statement reads:
Thousands of people from around the world who work in the motion picture industry were supposed to be at Caesar’s Palace in Las Vegas this week for CinemaCon 2020. Instead we are all, for the most part, dealing with the COVID-19 crisis by staying home, washing our hands frequently and practicing social distancing. With the vast majority of the world’s movie theatres closed until further notice and movie production at a standstill, many people are out of work and worrying about when, or if, they will get paid again. With that in mind, I reached out via email to Patrick Corcoran, the National Association of Theatre Owners vice president & chief communications officer, to see how NATO and its members are responding to the crisi
NEC Display Solutions of America has announced the NC1402L, a 9,500-lumen, install-anywhere laser projector that produces a brighter image than any other projector in its class. It is DCI-compliant, and can display images at 2K resolution. The NC1402L is equipped with an internal liquid cooling system, eliminating the need for an exhaust and allowing the projector to run at a quiet 49 decibels. It is also capable of high frame rates and can easily handle projecting 3D content.
In a statement released to the press late Wednesday the National Association of Theatre Owners expressed its gratitude to the U.S. Senate for approving a financial aid package that will benefit its members.
The International Union of Cinemas, the body representing European cinema trade associations and operators, has today issued the following statement on the current situation with regard to the outbreak of coronavirus/COVID-19:
In response to the coronavirus outbreak, Goldcrest Post has established the capability to conduct most picture and sound post-production work remotely. Colorists, conform editors and other staff are now able to work from home or a remote site and connect to the facility’s central storage and technical resources via remote collaboration software. Clients can monitor work through similar secure, fast and reliable desktop connections.
The business model of the movie theatre industry is uniquely vulnerable in the present crisis. On behalf of the movie theatre industry and its employees, the National Association of Theatres Owners is asking for Congress and the Administration to urgently consider the following immediate relief measures, which we hope will allow the industry and its 150,000 employees, who live and work in practically every Congressional District, to weather the present COVID-19 pandemic crisis
For the first time in its seven-year history, the Digital Cinema Distribution Coalition has begun to pay all its customers rebates. After recently paying back its founding investors – AMC Theatres, Cinemark Theatres, Regal Entertainment Group, Universal Pictures and Warner Bros. – initial investments in full, DCDC is now fulfilling the promise it made to all of its customers when it was formed to pay them rebates pursuant to the same mathematical formula in each of their agreements.