Fountain Valley, CA—Jan 27, 2009
Moving Image Technologies and All Media Capital Partner to
Assist Exhibitors in Financing of 3D Digital Cinema Systems
MOVING iMAGE TECHNOLOGIES has partnered with All Media Capital to assist theatre owners in participating in the 3D and digital cinema rollout, while at the same time providing the means for an exhibitor to maintain control of his own projection equipment. With the recent announcement from Paramount Pictures, who has agreed to provide direct re-imbursement to exhibitors through VPFs (virtual print fees), it is an ideal time to install digital systems for the upcoming slate of 3D releases. Other studios are expected to follow Paramount’s lead to offer the same type of re-imbursements that they have extended to the large circuits.
“3D is a real value-add to the exhibition community and the announcement by Paramount Pictures is a wonderful way to continue forward with the 3D/digital cinema roll-out. Couple Paramount’s announcement with our relationship with All Media Capital and small to medium size exhibitors now have a viable path for implementing digital cinema today, rather than waiting for some large integrator to get financing.
Everyone knows that access to money is tough in this economic climate, but All Media has continually been able to fund our clients at very competitive rates, even when more traditional financing has dried up” stated Joe Delgado, Executive Vice President, Sales and Marketing for Moving iMage Technologies.
MiT has extensive experience in integrating and installing these digital and 3D systems, seamlessly interfacing to existing audio and projection equipment. MiT manufactures a full line of integration components for digital cinema including MPL projector bases, ICM automations and interfaces, iMAGE Mover track systems and custom cable and wiring harnesses. These components insure a high-quality and efficient installation.
All Media Capital specializes in financing technology equipment for the professional audio/video market and entertainment industry. In cooperation with MiT, All Media Capital has already financed many digital cinema installations including systems for commercial cinema as well as post production. “In the current economic climate, where we have seen many banks tailor away from debt-related financing we have seen a substantial increase in credit applications from exhibitors. We have several different options to get exhibitors exceptional rates and industry specific programs which are not available to the bank or broker community” said Ryan Wilson of All Media Capital.
About All Media Capital
All Media Capital has been providing equipment financing solutions to the entertainment industry for over 20 years. Subsequently we are uniquely qualified to provide term financing D-Cinema and all exhibition related equipment upgrades. Additional information is available on our web site, www.allmediacapital.com
MiT Links and Information: