A Clearer Picture For Digital Cinema - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance

A Clearer Picture For Digital Cinema

Film distributor and projector maker collaborate to speed the installation of digital-cinema equipment in movie theaters.

Movie lovers who want high-quality visuals on the big screen in theaters are getting their wish. Movie distributor Access Integrated Technologies Inc. has formed a subsidiary, Christie/AIX, to help fund the rollout of digital cinema, an industry format for movie delivery and presentation in theaters.

Christie Digital Systems USA, a projector maker, has agreed to support the subsidiary and become a "significant" contributor to the project. The agreement includes a two-year plan for a 2,500-screen rollout, with more than 200 screens to be operational by the end of the year. The plan is meant to ease financial burdens for theater owners and concerns among movie studios about theaters installing high-quality projection equipment by creating a template for hardware deployment in theaters and funding from private investments.

The digital-cinema system is expected to include a Christie's projector with 2048-by-1080 pixel resolution, as well as a media player, a central server, and other necessary hardware for each theater auditorium. The average price for projectors alone can range from $70,000 to $85,000, according to vendors and industry experts.

Christie/AIX, AccessIT's new subsidiary, will serve as an intermediary between movie content owners, including major movie studios and independent movie distributors, and theater owners. Content owners will pay "virtual print fees," equivalent to fees for manufacturing and distributing reels of film, which today cost between $1,200 and $1,300 per movie per release. Theater owners will pick up installation costs, software license fees, and a 10-year maintenance contract, with a cost structure similar to conventional film maintenance.

With this agreement between AccessIT and Christie Digital Systems, movie studios have committed to releasing more content in digital format each year, AccessIT says. The distributor is expected to disclose more information about the funding during its earnings call on Monday.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
The State of Chatbots: Pandemic Edition
Jessica Davis, Senior Editor, Enterprise Apps,  9/10/2020
Commentary
Deloitte on Cloud, the Edge, and Enterprise Expectations
Joao-Pierre S. Ruth, Senior Writer,  9/14/2020
Slideshows
Data Science: How the Pandemic Has Affected 10 Popular Jobs
Cynthia Harvey, Freelance Journalist, InformationWeek,  9/9/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Automation Transforms Network Management
In this special report we will examine the layers of automation and orchestration in IT operations, and how they can provide high availability and greater scale for modern applications and business demands.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll