MORRISTOWN, NJ—Mar 17, 2010
Cinedigm Announces Agreements with Movie Tavern For Phase 2 Deployment Program
110 Screens to Transition to Digital Cinema
Cinedigm Digital Cinema Corp. (NASDAQ: CIDM), the global leader in the digital cinema industry, today announced Movie Tavern will add its 110 screens to Cinedigm’s Phase 2 digital cinema deployment program. Movie Tavern’s Cinedigm Certified™ digital cinema systems will include Cinedigm’s proven technology solutions.
“Movie Tavern is thrilled to be transitioning to digital cinema and to be working with Cinedigm,” said John Hersker, CEO of Movie Tavern. “The future of theatres is digital cinema and we know that making this transition is the beginning of the future for our circuit and for our customers.”
“Movie Tavern is already bringing its customers a unique experience. Now that they are adding the flexibility and other benefits of digital cinema, we’re excited to see their creativity shine with alternative content offerings,” said Bud Mayo, Chairman and CEO of Cinedigm.
Chuck Goldwater, President of Cinedigm’s Media Services Group, said, “We are proud to add Movie Tavern to our growing family of exhibitor partners. Their innovative theatre concept will be even further enhanced by the benefits of digital cinema that Cinedigm’s programming is uniquely positioned to bring to exhibitors including live events in 3D.”
Cinedigm's Digital Cinema division is the industry-leading deployment program for Digital Cinema that facilitates the funding, installation support and administration for the company's studio-supported Digital Cinema rollout plans. In April 2008, the CBG, a buying program of the National Association of Theatre Owners (NATO) for small and independent theatre operators, announced the selection of Cinedigm as the digital cinema integrator of choice for the CBG’s 600+ members in the United States and Canada.
To date, Cinedigm has contracted for and completed the rollout of nearly 4,000 systems in forty-one states with exhibitors including Atlas Theatres, Allen Theatres, B&B Theatres, Carmike Cinemas, Celebration! Cinema, Cinema West, Cinetopia, Dickinson Theatres, Emagine, Galaxy Cinema, Georgia Theatre Company, Great Escape Theatres, Marquee Cinemas, Krikorian Premiere Theatres, MJR Theatres, Neighborhood Cinema Group, Premiere Cinema Corp., Rave Motion Picture Theatres, R/C Theatres, Showplace Cinemas, Times Square Cinema, UltraStar, and Cinedigm's own Pavilion Digital Showcase Theatre.
Its Phase 2 plan for up to an additional 10,000 screens will provide networked, turnkey Digital Cinema systems in conformance with DCI specifications.