Novra Technologies has announced a proposed merger with International Datacasting Corporation. Under the terms of the merger agreement, Novra will acquire 100 percent of the issued and outstanding common shares of IDC for total purchase consideration of approximately $1.9 million. This proposed transaction was done at arm's length and there was no finder's fee.
WorldFest-Houston, the third longest-running International Film Festival in North America, and the oldest independent film festival in the world, celebrated the conclusion of its 10-day run of film, fun and fanfare in its 49th annual independent film showcase with a nine percent increase in box office.
GDC Technology has introduced the GDC SX-4000 Standalone IMB and XSP-1000 Cinema Processor, what the company calls a future-proof IMB with real-time DTS:X decoding and an advanced cinema processor. According to the company, when combined the bundled system enables a high-quality audio experience at a price point that allows exhibitors worldwide to affordably install immersive sound in auditoriums of any size and delivers realistic, rich sound to a much broader audience.
This year marks the 25th anniversary of CineEurope, the most important convention and trade show dedicated to cinema operators in the Europe, Middle East and Africa region. More than 3,500 attendees from distribution, exhibition, equipment and concessions will descend upon the Centre Convencions Internacional Barcelona in Barcelona, Spain from June 20-23 to help celebrate the silver anniversary.
Nordisk Film A/S will be honored with the Independent Film Award at CineEurope 2016. The award will be presented at the CineEurope Awards Ceremony hosted by The Coca-Cola Company June 23 at the Centre Convencions Internacional Barcelona in Barcelona, Spain. Kenneth Wiberg, president of film distribution at Nordisk Film A/S will be accepting the award.
Classic Cinemas Charlestown 18 and UEC Theatres 14 Cleveland are the latest U.S. locations certified to exhibit content released with a DTS:X soundtrack. As a DTS:X worldwide certification services agent, GDC Technology will be leading the effort to enhance additional auditoriums for both circuits with immersive sound in the future.
Nico Simon, president of Europa Cinemas and co-founder of Utopolis Cinemas Group, has today been announced as the 2016 recipient of the UNIC Achievement Award. The award will be presented at the CineEurope Opening Ceremony June 20, at the Centre Convencions Internacional Barcelona (CCIB) in Barcelona, Spain.
GDC Technology has announced that 100 global movie theatre screens are now equipped to exhibit motion pictures released with a DTS:X soundtrack. Today, nearly 40,000 of the world's screens, from art houses to multiplexes, count on GDC technology to enable new cinematic possibilities and experiences, the company says.
DSpecialists Digitale Audio- und Messsysteme has named Audiowerk as distributor of the audio and media control matrix Harvey mx.16 and its forthcoming new models for Switzerland.
PVR Cinemas has selected GDC Technology to monitor its digital cinema equipment and automated systems for the entire circuit. When completed, this will be the largest circuit-wide rollout of the company’s comprehensive theatre management system and technology intelligent network operations center software.
