The Latest Cinema and Exhibition Industry News for 25-10-2011

Hello All,

Please find below this weeks news headlines, with thanks as always to Vicky Mansfield for her help in compiling them. You can find them at: http://www.madcornishprojectionist.co.uk/todays_news.php

2011-10-25
Drug gangs swap pistols and murder for popcorn and movies - Complexo do Alemao, one of the biggest favelas in Rio de Janeiro, used to be known more for drug trafficking than as a place to watch films. This was a no-go area for the police for years ñ a shantytown full of narrow streets and boarded-up houses, where life resembled something out of Fernando Meirelles' award-winning film, City Of God. Now, astonishingly, the favela is home to CineCarioca ñ one of the most successful cinemas in Brazil.
Source: Independent - Editor: VM

2011-10-25
CWAC backs new theatre site - Work can start in earnest preparing plans to transform the former Odeon cinema in Chester city centre into a theatre after councillors voted overwhelmingly to deliver the project.
Source: Place Northwest - Editor: VM

2011-10-25
OCTOBER 17, 2011, 8:31 A.M. ET Carlyle-led Group Buys Asian Digital Movie System Provider GDC - A consortium led by the Carlyle Group, including Chinese private equity firm Yunfeng Capital, has acquired an 80% stake in GDC Technology, Asia's largest digital cinema server provider, the Carlyle Group said Monday.
Source: wall Street Journal - Editor: VM

2011-10-25
Yelmo Cines becomes Spain's first fully digital circuit - Yelmo Cines, Spainís leading exhibitor, has become the first in the country to become 100% digital. All 402 screens in 34 sites across Spain are now equipped with DCI-compliant digital equipment, including 193 screens outfitted with RealD 3D screens.
Source: Film Journal International - Editor: VM

2011-10-25
90 years and credits still rolling at Westgarth Cinema - WESTGARTH Cinema turns 90 this month but itís the patrons who will be getting the gifts, says manager Lavanna Neal.
Source: Preston Leader - Editor: VM

2011-10-25
Puttnam tells U.K. biz to reassess priorities - In advance of Blighty's Film Policy Review, which will take a fresh look at government support for the pic biz, Film Distributor Assn. prexy David Puttnam has called for a set of priorities to be put in place that industryites must embrace.
Source: Variety - Editor: VM

2011-10-25
Moving the image forward: MiT marks another milestone with digital projector deal - ìI firmly believe that if you donít love this silly little business of ours, you are at a disadvantage,î says Joe Delgado, co-founder and executive VP, sales and marketing, of Fountain Valley, Calif.-based Moving iMage Technologies (MiT). ìYou and your readers know as well as I do that there are a lot of passionate guys and gals in our cracked little world, right? Thatís why there are so many good people that just donít want to leave the cinema business.î Whether as a person or a company, ìif you have a skill set, yes, thatís great,î Delgado has observed. ìBut if you donít have that passion, you are going to be at a disadvantage against those that do.î
Source: Film Journal International - Editor: VM

2011-10-25
Largest Quarter Ever for Digital Cinema Installations - Cinedigm Digital Cinema Corp. (NASDAQ: CIDM) today announced it has installed 1,427 screens in the companyís fiscal 2012 2nd quarter, marking the biggest quarter in the companyís history for digital cinema installations. The next highest quarter was the preceding Fiscal 2012 1st quarter with 642 screens.
Source: D Cinema Today - Editor: VM

2011-10-25
'Secret' auction for Birks Cinema funds - A "blind" auction of drawings - including some by leading artists - is to be held by campaigners hoping to restore a Perthshire cinema.
Source: BBC News - Editor: VM

2011-10-25
Dickinson Theatres Joins National CineMedia (NCM)'S Network - Long-Term Affiliate Agreement Includes the Presentation of NCM's FirstLook Cinema Advertising Program and NCM Fathom Events
Source: Market Watch - Editor: VM

2011-10-25
Restored Regal Cinema to open in New Year - THE EAGERLY anticipated restoration of Evesham's historic Regal Cinema is beginning to take shape with the scaffolding set to come down within weeks.
Source: Evesham Observer - Editor: VM

2011-10-25
Christie Previews Innovative Integrated Media - Design Offers Highest Convenience, Performance, and Reliability, Enhances High Frame Rate Capabilities for Solaria Series 2 Projectors
Source: D Cinema Today - Editor: VM

2011-10-25
CinemaxX Denmark Holds the World's First 4K Film Festival - CinemaxXís movie theatres in Copenhagen, Odense and Aarhus held the world's first 4K Film Festival at the end of September, entitled "Past film classics in future formatî. The movies were all true classics, shown using Sony Digital Cinema 4K projection systems.
Source: D Cinema Today - Editor: VM

2011-10-25
Christie Introduces Solaria 2.2 Software Upgrade, Featuring Christie Previstoô High Frame Rate Technology, for Stunning 2D and 3D Cinema Presentation - Software Upgrade Enables Single Projector High Frame Rate 3D Presentation, Future-Proofs Exhibitorsí Long-Term Investment in Christie Digital Cinema Projectors
Source: D Cinema Today - Editor: VM

2011-10-25
MasterImage 3D Introduces Next Generation 3D Digital Cinema System Along with Industryís First Global Ownership Financing Program - New MI-CLARITY3D System with Flexible Business Terms Ensures Highest Quality 3D Image Presentation for Theatre Owners Around the World
Source: D Cinema Today - Editor: VM

2011-10-25
Cineplex Entertainment Announces New Theatre for Vancouver, British Columbia - Cineplex Entertainment /quotes/zigman/3411923 CA:CGX +0.27% today announced plans to build a new movie theatre in Vancouver, British Columbia. Cineplex Odeon Marine Gateway and VIP Cinemas will feature 11 screens consisting of seven traditional auditoriums, one UltraAVX auditorium and three VIP auditoriums. This new 48,000 square foot, 1,940 seat theatre will be located at the Marine Gateway development at Marine Drive and Cambie Street and is scheduled to open in 2014.
Source: Market Watch - Editor: VM

2011-10-25
British Film Institute Pledges Transitional Funds to Support U.K. Movie Exports - Support for Brit trips to Sundance and Cannes 2012 also on the cards.
Source: Hollywood Reporter - Editor: VM

2011-10-25
Ballantyne Expands Digital Cinema Offerings with Addition of Barco Projection Systems - Companies to Jointly Market Digital Cinema Products at Next Week's ShowEast 2011 Cinema Industry Tradeshow at Diplomat Hotel in Miami/Hollywood, FL From Booth#403
Source: Market Watch - Editor: VM

2011-10-25
CSI and Christie Announce Financing Solution for Digital Cinema Conversions - Today, CSI Leasing, Inc. (CSI) and Christie launched a financing solution in support of Christieís recently announced Virtual Print Fee (VPF) program for North America. Christieís VPF program is a simplified way for theatres to transition to digital cinema projection systems. CSI is providing a streamlined and straightforward lease structure, allowing U.S. and Canadian movie exhibitors to easily implement the VPF program.
Source: D Cinema Today - Editor: VM
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Peter J. Knight
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