Digital Cinema Destinations has entered into definitive agreements with certain institutional investors to sell an aggregate of 1,141,000 shares of its Class A Common Stock in a registered direct offering for gross proceeds of approximately $5.7 million, before deducting placement fees and offering expenses.
Real Image Media Technologies has agreed to purchase a minimum of 50 Dolby Atmos cinema processors and intends to install them within the South Asia region.
Arts Alliance Media and Europe’s number one cinema operator Odeon & UCI Cinemas Group have announced a deal to supply Odeon’s UCI Kinowelt sites in Germany and Austria with AAM‘s Locksmith KDM delivery software.
GDC Digital Cinema servers to deliver Dolby Atmos playback.
Integrity Entertainment Systems led by president Gary Engvold, has been recognized by Christie for its recent milestone of more than 1,000 installations of Christie Solaria projectors for its customers, which include some of the leading chains and independent cinemas in the U.S.
The Seattle Cinerama Theatre, in Seattle, Washington has purchased the world’s first commercial digital laser projection system. Christie, who recently received the first US FDA approval of variance allowing the sale of laser projectors for use in a cinema, will install a 4K Christie digital laser projector, with scalable light output up to 60,000 lumens.
Jerusalem, a new film that explores on a grand scale the intersection of science, history and religion in this ancient, enigmatic place, will premiere in giant-screen, IMAX and digital 3D cinemas in the USA and worldwide beginning September 20.
UltraStar Cinemas, a U.S.-owned movie theatre group, and Letian Entertainment, a subsidiary of China’s most influential broadcast network, have announced the formation of a joint venture to develop and operate theatres in China.
Christie Digital Cinema today co-announced with Reading International that a long-term virtual print fee deployment agreement had been signed with the Australian and New Zealand subsidiaries of Reading, which will provide for the digital conversion of all of Reading Cinemas screens in those two countries.
Barco has announced that it has installed 10,000 units of its digital cinema projectors install bases thus far in Greater China. The company says it is the first manufacturer to reach this number in China.