Cinedigm Digital Cinema Announces Deployment of 210 Cinedigm-Certified(TM) Screens for Wehrenberg Theatres
March 29 2011 - 8:00AM
Marketwired
Cinedigm Digital Cinema Corp. (NASDAQ: CIDM), the global leader in
digital cinema, today announced the deployment of 210
Cinedigm-Certified™ screens across 15 existing locations across
Missouri. Utilizing NEC digital cinema projectors & GDC servers
provided by Ballantyne-Strong, Inc. (NYSE Amex: BTN), the
installations will commence immediately and are anticipated to be
completed by the end of 2011.
"With our long history of innovation and a superior
entertainment experience, we are thrilled to ring in the digital
era with Cinedigm," said Ronald P. Krueger, Chairman and CEO of
Wehrenberg Theatres. "Wehrenberg Theatres has been a leader in
motion picture exhibition for over 100 years and we know this
transition to digital will provide our goal of 'entertainment
excellence' to our guests."
With Cinedigm's turnkey suite of digital cinema technologies,
Wehrenberg Theatres will offer consumers all-new digital
entertainment options. From 3D movie extravaganzas to live sports
programming and 3D theatrical concerts to event programming,
Wehrenberg Theatres will deliver enhanced digital cinema
entertainment well into the future.
"Wehrenberg is one of the pre-eminent models in our industry of
exhibition excellence and consistency, over an amazing 100 years of
operation," said Chuck Goldwater, President, Media Services Group.
"Cinedigm is exceedingly proud that Wehrenberg selected us from
among the many choices they had for a digital cinema partner. We
are eager to begin working with Ron and his entire team to help
them continue their outstanding tradition of excellence for many
more years to come."
"The transition to digital technology in cinemas across the
country relies heavily on some key partnerships," said Pierre
Richer, President and COO of NEC Display Solutions. "We are pleased
to work with Cinedigm to support Wehrenberg Theaters in delivering
innovation and longevity to the exhibition marketplace, the same
attributes that NEC lives by each day."
Since the beginning of digital conversions, Cinedigm has been
the leader in digital cinema. In Phase 1, Cinedigm deployed 3724
screens at 348 sites for 18 exhibitors in the United States. In the
current Phase 2, Cinedigm has signed contracts now with close to 80
exhibitors to deploy over 3,500 Screens. Such theatres are fully
networked, turnkey systems -- simple and cost-efficient to
operate.
Digital cinema enables theatres to program high quality live and
alternative content programming. Recent releases by Cinedigm
include the ground-breaking, worldwide LIVE 3D broadcast of the
FIFA World Cup Championship, the BCS Championship in LIVE 3D, the
Dave Matthews Band 3D concerts, and the sold out 3D PHISH concerts.
Cinedigm has also released the KIDTOONS series for the past six
years, a weekly family friendly matinee series that runs in over
165 theatres across the country.
Cinedigm's Digital Cinema division is the industry-leading
deployment program for Digital Cinema. It facilitates the funding,
installation support and administration for the company's
studio-supported Digital Cinema rollout plans. Cinedigm is also the
digital cinema integrator of choice for the CBG, a buying program
of the National Association of Theatre Owners (NATO) for small and
independent theatre operators in United States and Canada.
About Cinedigm
Cinedigm is a leader in providing the services, experience,
technology and content critical to transforming movie theaters into
digital and networked entertainment centers. The Company partners
with Hollywood movie studios, independent movie distributors, and
exhibitors to bring movies in digital cinema format to audiences
across the country. Cinedigm's digital cinema deployment
organization, software, satellite and hard drive digital movie
delivery network; pre-show in-theater advertising services; and
marketing and distribution platform for alternative content such as
CineLive ® 3-D and 2-D sports and concerts, thematic programming
and independent movies is a cornerstone of the digital cinema
transformation. Cinedigm™ and Cinedigm Digital Cinema Corp. ™ are
trademarks of Cinedigm Digital Cinema Corp www.cinedigm.com.
About Wehrenberg Theatres
(www.wehrenberg.com)
Wehrenberg Theatres operates 15 theatres in Missouri, Illinois,
Iowa and Minnesota. Having celebrated its 100th Anniversary in
2006, St. Louis-based Wehrenberg Theatres is the oldest
family-owned-and-operated theatre circuit in the U.S. Ronald P.
Krueger, 3rd Generation, Chairman and CEO of Wehrenberg
Theatres.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Press Contact: Jill Newhouse Calcaterra 818.587.5424,
ext. 313 jcalcaterra@cinedigm.com Investor Relations: David
Walke 646.728.2298 davidwalke1@gmail.com
Ballantyne Strong (AMEX:BTN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ballantyne Strong (AMEX:BTN)
Historical Stock Chart
From Jul 2023 to Jul 2024