Last week, Barco presented a strong set of results for 2016, with high single-digit sales growth and EBITDA margin accretion. At the same time, the company published its 2016 Annual Report online. Titled Focused to perform, the report summarizes the 2016 results and zooms in on Barco’s activities and its sustainability plan
Ushio America has partnered with Matex Controls, makers of the Virtual Energy Management System platform, which is designed specifically for cinema buildings. The system claims offers energy savings of more than 25 percent over time with no out of pocket expense to exhibitors.
Hussein Hassan, the director of the award-winning Iraqi film Reseba – The Dark Wind, has withdrawn his visa application to the United States Consulate for clearance to attend the North American premiere of his film at the 34th edition of Miami Dade College's Miami Film Festival. Festival director Jaie Laplante said the Festival will proceed with the screening of Reseba – The Dark Wind as scheduled, but with a deep sense of loss and disappointment.
The Optical Devices Division of FujiFilm has appointed Tom Fletcher as director of sales. In his new role, Fletcher will oversee sales and promotion of broadcast and cinema lenses in North America. Working under the guidance of division vice president Gordon Tubbs, Fletcher will lead the sales efforts of six regional managers in North America. Fletcher’s position is effective immediately.
This year marks 100 years since August Arnold and Robert Richter rented a small former shoemaker’s store in Munich and set up shop as a film technology firm. The two young friends started with just one product: a copying machine they built on a lathe Richter had received as a Christmas present from his parents. Taking the first two letters of their surnames, they christened their new enterprise Arri.
Ymagis Group has signed a letter of intent with Omega Cinema Systems to form the leading cinema exhibition services company in Turkey.
Wim Buyens, senior vice president and general manager of Barco’s Entertainment division, has been appointed as chairman of the executive committee and board of governors of the Advanced Imaging Society. Buyens joined the society in 2014 and has been serving as vice-chairman since 2015.
China Film Company, one of the leading Chinese motion picture and television companies, today issued a press statement to the Shanghai stock exchange announcing its intent to acquire a 15 percent stake in Ymagis SA’s common stock.
Rooftop Films has awarded sixteen cash and service grants to alumni filmmakers, including The Rooftop Filmmakers’ Fund Garbo NYC Feature Film Grants, which were awarded to directors Robert Greene and Kirsten Johnson. Greene will receive a monetary grant of $15,000 to help finish his new film, Bisbee ‘17, and Johnson will receive a $10,000 grant to support her film, Deadpan.
Christie celebrated its 500th Christie Vive Audio cinema sound system installation with Cinemex Mundo E, Mexico City, Mexico. Featuring 19 auditoriums, Cinemex Mundo E is the 30th installation of both Christie Vive Audio and Dolby Atmos under their CinemeXtremo PLF brand. Additionally, this auditorium hosts the first Christie RGB laser projection installation in Mexico.