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.
Visual Data Media Services, which provides digital supply chain services to global content owners and distributors, has acquired London-based MX1 UK Limited, which offers content preparation services to leading broadcasters and content owners as a part of SES, the world’s leading satellite operator and managed service provider.
CinemaNext is relocating its UK offices to a new, high-tech facility in the west London town of Uxbridge. The result is an optimized and fully secure hub to support CinemaNext’s fast-growing activities in the United Kingdom and Ireland.
Event cinema distributor Trafalgar Releasing announced plans today to provide immediate funding to U.S. cinema operators for the deployment of equipment that will significantly expand live event capabilities in domestic cinemas and offer open access to content owners with live event offerings.
The Digital Cinema Distribution Coalition is marking its fourth year of operations with the promotions of three executives amid rapid exhibitor and content provider growth.
Satellite distribution company Digital Cinema Distribution Coalition now reaches more than 30,000 theater screens in the United States in the more than 2,650 theatre sites belonging to the 179 exhibitors it has under contract.
Ymagis Group today announced the conclusion of its acquisition of OpenSky’s theatrical content delivery activities dedicated to cinema exhibition, OpenSky Cinema, in accordance with the agreement signed November 30, 2016. All related business assets have been incorporated into a new entity named Open Sky Cinema SRL (Vicenza), which oversees the Ymagis Group’s portfolio of content services activities in Italy.
Ymagis Group today announced an agreement with Vicenza-based Open Sky SRL for the acquisition Open Sky Cinema, its theatrical content delivery activities dedicated to cinema exhibition.
In one of the biggest deals in the emerging digital cinema business, the Ymagis Group has acquired Eutelsat’s 50.2 percent stake in DSAT Cinema and now, effectively, controls the company.
Digital cinema electronic distribution in the Latin American region is rapidly reaching theatres, delivering studio and independent movies as well as live alternative content. Out of the estimated 12,000 screens in the region (some 2,200 theatres), electronic distribution has been growing to reach more than 6,000 screens. Mexico is the main contributor to the number, as Cinepolis and Cinemex account for more than 5,500 of those screens.