Sharp NEC today announced the availability of the NC2443ML RB Laser Projector in its digital cinema projection series. The company says the NC2443ML is the ideal projection solution for theatres with medium to large-sized screens or projection booths that are looking for high-quality cinema projection.
Distribution & Exhibition
Liquid Media Group has signed a letter of intent to acquire IndieFlix, the subscription video-on-demand streaming service focused on content with a purpose. IndieFlix has evolved its initial offering, by expanding into the live social impact space, and transforming into an edutainment company with a foundation to further support its mission and vision.
National CineMedia today announced consolidated results for the fiscal first quarter ended April 1. During the first quarter the company continued to manage its liquidity position through various cost-control measures and the issuance of a new $50 million term loan in March. With the funding of this additional debt, NCM’s cash balance as of April 1 was $139.4 million, an increase of $15.5 million as compared to the balance as of December 31. Including the $52.8 million, the company had $192.2 million of cash, cash equivalents and investments as of April 1.
Beginning today, May 10, filmmakers from four different parts of the world will be able to submit their applications to Göteborg Film Fund 2021. The fund aims to contribute to a diversified media landscape, with increased artistic freedom and free speech. During severe crisis the area of culture often is deprioritized. The on-going pandemic has severely affected the access to distribution channels as well as financing for film production. A situation that may undermine democracy, especially in regions with an unstable economic or political system.
The European Audiovisual Observatory and the UK, which holds the Observatory Presidency for 2021, have announced an international conference to be held June 9, focused on how to accelerate environmental sustainability across the film, TV, and streaming platforms sector.
AFI Docs, the American Film Institute's annual documentary celebration will once again offer an opportunity for movie fans to view documentary films online and anticipate welcoming a limited number of festivalgoers back to the storied AFI Silver Theatre and Cultural Center in Silver Spring, Maryland for in-person screenings. Now in its 19th year, the festival will be held June 22-27.
2G Digital Post, Burbank. California has acquired the operating assets and intellectual property of Sub-Techs, a premier localization company and is launching a new, wholly owned localization subsidiary in India called 2G Localization.
The Hollywood Professional Association has called for submissions for the HPA Engineering Excellence Awards. Entries will be accepted until June 18. Celebrating the creative brilliance and ingenuity of the HPA community since 2006, the HPA Awards are sought after recognition by artists, companies, and technologists. In 2021, the HPA Awards gala will take place as an in person and online event in mid-November. The date, as well as further details, will be announced shortly.
Ceylon Theatres is a Sri Lankan theatre chain with an 85-year history that currently operates six locations throughout the country. The latest location is a three-screen facility in Dematagoda, which also houses a KFC restaurant and Food City supermarket. In order to ensure an immersive cinematic experience with clear and balanced audio quality for moviegoers, Ceylon Theatres Regal Cinema Dematagoda required new sound systems for all three screens.
The Tribeca Film Festival has selected the Latin American documentary Primera to participate in the 20th anniversary of the international film festival. This year's festival, to be held June 9-20 offers a hybrid of in-person events and Tribeca at Home, the festival’s exclusive online premiere screenings and virtual events. Primera, which will premiere at the festival, was selected among foreign films and documentaries due to its vibrant Latin American production quality, story, and vision.