Cinedigm Digital Cinema Corp.(NASDAQ: CIDM), the global leader in digital cinema, today announced a long-term VPF deployment agreement with Studio Movie Grill. The agreement will cover all of Studio Movie Grill’s theatres under the terms of Cinedigm’s long-term agreements with all the major studios and will include 58 Cinedigm-Certified™ screens.
With Cinedigm’s turnkey suite of digital cinema technologies, Studio Movie Grill will offer consumers all-new digital entertainment options, including high quality live and alternative content programming. Recent releases by Cinedigm include the first ever live 3D concert, featuring the Foo Fighters, the ground-breaking, worldwide LIVE 3D broadcast of the FIFA World Cup Championship, the BCS Championship in LIVE 3D, the Dave Matthews Band 3D concerts, and the sold out 3D PHISH concerts. Cinedigm has also released the KIDTOONS series for the past six years, a weekly family friendly matinee series that runs in over 170 theatres across the country.
“We are thrilled to be working with Cinedigm on our digital programming,” said Brian Schultz, President of Studio Movie Grill. “Cinedigm’s digital cinema program will enable us to further enhance the entertainment experience we provide our customers together with our cutting edge hospitality offerings, bringing premium 3D movies, live sports and concerts to our avid and discerning movie-going audience.”
“Studio Movie Grill already offers one of the most innovative moviegoer experiences, including their exceptional in-theatre dining service,” said Chuck Goldwater, President, Media Services Group. “We look forward to working with the Studio Movie Grill team to bring even more of our powerful digital cinema tools to their theatres, including software management, precision social marketing and exciting new alternative content programming.”
In the combined Phase One and Phase Two digital cinema deployment program, Cinedigm has:
- Signed 7,952 screens overall at 776 sites
- Installed 6,203 digital screens
- Signed 69 Cinema Buying Group exhibitors, representing close to 1,500 screens
- Signed exhibitor buyer deals representing more than 3,200 screens
- Signed Phase 2 Cinedigm financed deals representing close to 1,200 screens
Such theatres are fully networked, turnkey systems – simple and cost-efficient to operate.