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Hello All,

I didn't think that there was likely to be any news headlines this week as I am away on holiday, but due to a problem with the locks at Bath I am stuck in a queue waiting to go down them, so have the opportunity to sort them out!

Please find below the latest news headlines, available as ever at: http://www.madcornishprojectionist.co.uk/todays_news.php.

2010-08-03
New Pilot Scheme To Open Up Digital Cinema In North Yorkshire - A newly-formed consortium has been awarded Lottery funding by the UK Film Council to bring the latest in digital cinema to venues across rural North Yorkshire.
Source: 4RFV

2010-08-03
Industry reacts to abolition of UK Film Council - Figures from the British film industry have given their reaction to the government's decision to scrap the UK Film Council.
Source: BBC News

2010-08-03
Film Council axemen could murder an industry - It was nothing short of a hammer blow. This morning, word came through of John Woodward's email to UK Film Council staff informing them that the government was planning to shut them down. Then the Department for Culture, Media and Sport (DCMS) confirmed it in a written statement at lunchtime. I was genuinely shocked. It felt like I'd nipped out for 10 minutes to get a pie and while I was out they closed the British film industry.
Source: The Guardian

2010-08-03
Axing the Film Council: a move that impoverishes us all - I was on my way home from a meeting with David Thompson at Origin Films about a project called Granny Made Me an Anarchist when I got news of the government's intention to abolish the Film Council.
Source: The Guardian

2010-08-03
U.K. Film Council axed - The U.K. government's decision July 26 to put out the lights at the U.K. Film Council, the government-backed agency set up 10 years ago to support the movie industry here, played out like a horror story for some and a revenge thriller for others.
Source: The Hollywood Reporter

2010-08-03
Technicolor Receives a Binding Offer From Francisco Partners for Grass Valley Broadcast Business - Further to discussions started in May, Technicolor (Euronext Paris: 18453) /quotes/comstock/13*!tch/quotes/nls/tch (TCH 5.44, +0.01, +0.18%) has received a fully documented binding offer from Francisco Partners for the acquisition of the Grass Valley Broadcast business. This disposal process contributes to the strategic refocus around its content creators and network service providers customer base, initiated by the Group in 2009.
Source: Wall Street Journal

2010-08-03
Kodak posts bigger-than-expected loss, shares drop - Decaying demand from traditional film businesses proved a second-quarter speed bump for Eastman Kodak Co's (EK.N) prolonged plan for profitability through digital businesses.
Source: Reuters

2010-08-03
Zoom out for a wider view of cinema-goers - Cinema has managed to buck the trend of consumer cutbacks during this recession, but challenges still lie ahead which the industry could overcome by broadening its appeal beyond the core youth audience.
Source: Marketing Week

2010-08-03
Schulich alum at the forefront of digital cinema revolution - Schulich alum Gerry Remers (MBA ?83) toiled in near-obscurity for 10 years as an advocate for digital movie projection. Now his moment has arrived ? and he?s at the forefront of a cinematic revolution, wrote the Financial Post on Tuesday, July 27th.
Source: Schulich School Of Business

2010-08-03
First Digital Cinema Drive-In Movie Theatre in the Country Selects Barco - Barco, the global leader in digital cinema technology, announced today that it has deployed its digital cinema projectors at Spud Drive In, making the venue the first "true" digital drive-in in America. While other outdoor theatres have utilized digital projectors to show DVDs to large outdoor audiences, Spud is the only drive-in to date to actually employ digital cinema projection and surround sound audio, with 3D technology planned for August showings.
Source: Box Office Magazine

2010-08-03
Tangibal Group plc extends its UK Cinema network - Tangibal Group plc ('Tangibal') is pleased to announce that it has extended its network of interactive floor network with Empire Cinemas and Showcase Cinemas. The new sites in the UK are:
Source: Poten

2010-08-03
Barco Dazzles Theaters Around the Globe with DP2K Digital Cinema Projectors - Barco, a global leader in digital cinema projection technology, announces that the first half of 2010 has brought impressive results for its digital cinema business thanks to the worldwide deployment of the DP2K series.
Source: D Cinema Today

2010-08-03
Dolby Laboratories Reports Third Quarter Fiscal 2010 Results - For the third quarter, Dolby reported total revenue of $230.3 million, compared to $171.2 million for the third quarter of fiscal 2009, an increase of 34 percent.
Source: Market Watch
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http://www.madcornishprojectionist.co.uk/todays_news.php

Regards

Peter Knight