Find Companies:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Digital Cinema Technology Aug. 29, 2015
Please Login
Login/Signup
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1948 RCA

Skip Navigation LinksStart / Menu > Find Press Releases > Full Press Release
Rancho Cordova, Calif., USA—Apr 19, 2012

Barco Expands Partnership with Cinedigm, Providing Immediate Access to $125M Digital Cinema Financing Program in North America

Barco, the global digital cinema technology leader, has signed a new supply agreement with Cinedigm to secure additional funding for exhibitors wishing to finance their digital cinema conversion. This turnkey solution from Barco and Cinedigm is available immediately and will continue through late 2012.

Together, Barco and Cinedigm have supported the fully financed deployment of digital cinema solutions for more than 2,000 screens, totaling nearly $75 million in financing during the past two years. With this additional funding, this program is immediately available to assist exhibitors – especially many smaller theaters – with their digital cinema conversion. 

“Time and a track record of happy customers have proven that we offer the best, most exhibitor-friendly VPF program in the industry,” commented Gary Loffredo, President of Digital Cinema and General Counsel of Cinedigm. “Barco has always been an outstanding partner, quickly and efficiently installing their high-quality digital cinema systems in thousands of screens over the past few years and we look forward to converting many more exhibitors together in the future.” 

While all of the major theater chains and many independently-owned cinemas have converted their auditoriums to digital cinema, others have remained film-based primarily because of the high expense associated with conversion. But as fewer and fewer studios make film prints of their movies in the future, these exhibitors may find themselves in a precarious position if they want to continue in business and take advantage of the opportunity that digital cinema offers. 

“We understand the challenges that theater owners face when contemplating the move to digital cinema, with cost being the number one limiting factor,” commented Patrick Lee, VP Barco Digital Cinema. “We want to remove these obstacles and offer exhibitors a solution that provides a secure investment and helps them grow their business. With this expanded financing and Cinedigm's VPF program, our customers receive a turnkey solution with the best and brightest projectors, with the proven lowest cost of ownership in the industry.”
Barco Contacts:
Alison Maxson
Press and PR contact US
Barco NV
Telephone +1 678 475 81 83
alison.maxson@barco.com

Vickie Yueh
Press and PR contact Japan, Korea, Australia and South East Asia
Barco NV
Telephone +886 2 8221 6868
vickie.yueh@barco.com

Anna Miao
Press and PR contact APAC- Taiwan, Japan, Korea, Australia & South East Asia
Barco n.v.
Telephone +886 2 2173 5229
anna.miao@barco.com

Li Shen
Press and PR contact Greater China
Barco n.v.
Telephone +86 10 5650 2288
li.shen@barco.com

Stephanie Vlegels
Press and PR contact EMEA and LATAM
Barco n.v.
Telephone +32 56 36 8166
stephanie.vlegels@barco.com
About Barco Digital Cinema: Barco, a global technology company, designs and develops networked visualization products for the Entertainment, Enterprise and Healthcare markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and APAC. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with 3,250 employees worldwide. Barco posted sales of 1.051 billion euro in 2014.

Barco is one of three licencees of Texas Instruments DLP Cinema™ technology. TI developed DLP Cinema™ technology working in close cooperation with Barco and others in the movie industry, to develop Cinema Projector and support systems based on DMD™ technology, to meet the requirement of studios, film distributors and exhibitors alike.
Barco Digital Cinema Directory page Barco Digital Cinema Web Site
Similar Press Releases
Learn More About:
Countries: United States More
More Barco Press Releases: Aug 24, 2015 Barco and Cinema 21 Group (Indonesia) Pilot Flagship Laser Projection in APAC Region Jun 25, 2015 Ymagis Group, Proyecson and Ciné Digital Service Help Bring the Power of Barco Alchemy to Cinemas Worldwide Jun 25, 2015 Barco’s Jan Daem Unanimously Elected LIPA (Laser Illuminated Projector Association) Board Chairman Jun 24, 2015 Grand Middle East Première for Barco’s 4K Laser-Illuminated Projectors Jun 24, 2015 Award-winning Nordic Cinema Group chooses Barco 4K laser-illuminated projectors to ‘bring great experiences’ Jun 23, 2015 Smallest Barco Cinema Projector Takes Digital Cinema Where It's Never Gone Before May 8, 2015 Barco Audio Technologies Creates Fully Immersive Sound Experience for World Expo 2015 May 13, 2015 Barco-Powered Warner Bros Mobile Cinema Travels Europe to Showcase A Unique 4D Experience May 5, 2015 Nordisk Film Biografer Illuminates New Multiplex in Copenhagen with Ultra-Bright Barco DP4K-60L Laser Projector Apr 28, 2015 Barco Introduces Barco Capital™ to Provide Equipment Financing Apr 23, 2015 “The Hell Within” to Release in Barco Escape; Film Produced By Rock Legend Slash Apr 22, 2015 Showbiz Cinemas Taps Barco to Create Interactive Lobby Experiences to Drive Customer Engagement Apr 22, 2015 Santikos Theatres Outfits New Casa Blanca Theatre with Barco Laser Projection Apr 21, 2015 Barco Enters into Five Year, Multi-Title Agreement with 20th Century Fox to Release Films in Groundbreaking Panoramic Movie Format Apr 21, 2015 Posse Films Partners with Barco to Create Projects for its Multi-Screen, Panoramic Movie Format, Barco Escape Apr 20, 2015 Barco Launches Full Portfolio of Laser-Illuminated Cinema Projectors Apr 16, 2015 Qube Cinema Incorporates Auro 11.1 By Barco Immersive Sound in its Integrated Media Blocks (IMB) Apr 16, 2015 Jerry Bruckheimer Films Teams with Barco to Develop Projects for its Multi-Screen, Panoramic Barco Escape Format Apr 16, 2015 Barco Continues Drive Toward “Open” Approach to Cinema Sound, Debuting AuroMax Immersive Sound at Cinemacon Apr 14, 2015 CinemaBarco Brings Magic and Showmanship Back to the Movies, Showcasing Next-Generation, Theater-Wide Cinema Innovations at CinemaCon More
©Copyright 2014 Main Site WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
banner