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 Dec. 09, 2016
Please Login
Login/Signup
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1995 Gretag

Skip Navigation LinksStart / Menu > Find Press Releases > Full Press Release
Agoura Hills, CA—Mar 17, 2006

DTS to Acquire Digital Booking Systems from Filmstew.Com

Acquisition Provides Online Booking Service with Capabilities for Cinema Exhibitors and Distributors
DTS, Inc. (Nasdaq: DTSI) announced today that it has entered into an agreement with FilmStew International, Inc., a Hollywood-based provider of online news and reviews for the motion picture industry, to acquire the assets of Digital Booking Systems (DBS), which provides a web-based application enabling the booking and scheduling of motion pictures for theatrical exhibition.

Created by FilmStew, DBS is the only Application Service Provider (ASP) that enables exhibitors and distributors to communicate through the Internet by accelerating the process of booking playdates, scheduling showtimes, programming trailers, tracking data and facilitating film rental payments. Uniting geographically scattered organizations and allowing them to function as a single cohesive business unit, the functionality of the application has been carefully designed to accurately model standard practices in the exhibition industry. Critical business information can be shared between internal systems and third-party enterprise systems, which allows individual theaters and circuit owners to instantaneously audit general ledger and box office accounts, calculate film settlements and payables, and keep track of accruals. Distributors of all sizes can also utilize the system, allowing their sales reps to solicit theater bookings, request trailer placement and immediately respond to playdate requests from exhibitors. A continuously updated database provides a ready reference to subscribers of available content and release schedules including one-sheets, publicity photos, trailers and summary information that expedites the decision-making process for film buyers.

DBS is a wholly owned asset of FilmStew.com. According to J. Sperling Reich, FilmStew.com Founding Director and President of Digital Booking Systems: “By leveraging the Internet, DBS has been able to combine innovative technology and pioneering business solutions into an economic, feature rich application with an intuitive end user experience. We’ve proven it can easily be integrated and deployed wherever an organization has offices or theaters. For some time now we have been looking for a way to expand our business and we are extremely excited about the opportunity to work with DTS in making our application more broadly available to the global exhibition and distribution market.

“This strategic acquisition represents DTS’ continuing expansion of our products and services for an increasingly digital, software-based cinema industry,” says Don Bird, Senior Vice President, Cinema Division at DTS. “The integration of DBS’ services to DTS’ Cinema division portfolio extends our company’s commitment to delivering tools and products that expedite workflow for cinema exhibitors, distributors, as well as studios. Our two companies will work closely together to ensure a seamless transition of service for existing customers, while working to incorporate the DBS capabilities as part of our DTS Cinema Media Network™.”

About DTS Cinema Division
DTS, a leading digital sound company, is now a leading digital entertainment company, with emergent capabilities and resources to integrate and support a fully digital experience for high-quality cinema presentation.

DTS’ expanded range of products and services are founded upon our proven expertise in the creation and delivery of digital media for cinema, and have been developed to meet the opportunities and challenges of the industry transition to a digital entertainment platform. Our content creation and delivery tools for D-cinema and E-cinema, and media network systems offer new standards of quality and ease of operation. These tools and systems are designed to define and support new opportunities for increased revenues and efficiencies for content providers and exhibitors.
About DTS, Inc.: Since 1993, DTS, Inc. (Nasdaq: DTSI) has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners’ network-connected devices. DTS, Inc. Directory page
Similar Press Releases
More DTS Press Releases: Jul 19, 2016 DTS and Paramount Enter Agreement to Include DTS:X Audio in Select Home Entertainment Releases Apr 11, 2016 Major Achievement Recognized in Pursuit of GDC Technology and DTS Mission to Bring Realistic, Rich Immersive Sound Experience to Broader Cinema Audience Apr 9, 2015 Welcome to DTS:X Open, Immersive and Flexible Object-Based Audio Coming to Cinema and Home Apr 17, 2013 Barco, Auro Technologies and DTS Collaborate in Support of Proposed New Open Format for Immersive Object-Based Cinema Sound Mar 31, 2009 DTS Digital Cinema and Masterimage Announce Partnership for 3D Deployments Mar 30, 2009 DTS Digital Cinema and Qube Cinema Form Sales and Marketing Alliance Jun 30, 2008 DTS Digital Cinema Introduces New Suite of Products at Cinema Expo International 2008 Mar 11, 2008 DTS Digital Cinema Installs FilmStore® Digital Cinema Players At Harrisburg Mall’s Redeveloped Great Escape Theatres Complex Mar 10, 2008 Classic Cinemas Adopts DTS Digital Booking System™ Oct 26, 2007 DTS Digital Cinema Supports Release of First Mexican Production in Digital Cinema Quality Oct 10, 2007 DTS Digital Cinema Launches KeyPort™ D-Cinema Security Key Management System Oct 3, 2007 DTS Digital Cinema Announces Implementation of Philips CineFence Forensic Watermarking on FilmStore® Digital Cinema Player Sep 13, 2007 DTS XD10 Cinema Media Player Presented at IBC 2007 Sep 13, 2007 DTS Europe Ltd. Announces Involvement with 2020 3D Media Consortium Jun 25, 2007 DTS Digital Cinema Announces Exclusive Agreement to Offer End 2 End™ Ticketing and Point-of-Sale System at Cinema Expo International 2007 Jun 25, 2007 DTS Digital Cinema Debuts FilmStore® Content Management System at Cinema Expo 2007 Jun 12, 2007 DTS Digital Cinema Premieres End-to-End Solution at Cinema Expo International 2007 Mar 13, 2007 Goodrich Quality Theaters Adopts DTS Digital Booking System™ Mar 12, 2007 DTS Digital Cinema Launches New Direction at Showest 2007 Jan 30, 2007 DTS Teams Up with DCL for Digital Cinema Upgrade in Ireland More
©Copyright 2003 - 2016 WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
banner