MORRISTOWN, N.J.—Oct 23, 2006
Major Independent Distributors Increasingly Embracing Digital Cinema
- Indies Weinstein, New Line, Lionsgate Join MGM and Hollywood Studios Adopting Digital Distribution -
Access Integrated Technologies, Inc. ("AccessIT") (NASDAQ:AIXD) reported today that several leading independent film distributors have joined the major studios in embracing digital releases of their movies, adding to the rapidly growing stream of movie available to theatres equipped with 2K digital projection systems.
Since the digital release of The Weinstein Company’s “Scary Movie 4” in April, 2006 and “Clerks 2” in July, a growing number of independent distributors have begun to release their movies in the JPEG format as outlined by the DCI technical specification. Recent JPEG features over the past couple of months such as New Line’s “Snakes On A Plane” and “Texas Chainsaw Massacre, The Beginning,” “Flyboys” from Metro-Goldwyn-Mayer Studios, and “Employee of the Month” from Lionsgate Films join a growing list of upcoming titles scheduled for digital release from those distributors. In addition to providing delivery services for a number of these and other independents, AccessIT has, and will make, their movies available to the more than 1,200 digitally-equipped screens participating in the company’s digital cinema rollout plan across the county.
“We’re extremely pleased with our initial experience with AccessIT,” said Steve Rothenberg, President of Domestic Distribution at Lionsgate. “We strongly believe in the digital release of theatrical content, and we’re actively embracing it because the future is now.”
“We have enjoyed working with the team at AccessIT and look forward to a continued relationship with them in the future,” said Steve Bunnell, Chairman of Domestic Distribution at The Weinstein Company.
Chuck Goldwater, President of AccessIT’s Media Services Division, said: “The power and flexibility of digital releasing is becoming increasingly clear to all content owners, both in Hollywood and around the world. This transition directly benefits all parties, from the producer to the moviegoer. Not only are audiences treated to the best visual experience possible, but digital distribution is greatly expanding the variety of programming reaching local theatres allowing exhibitors to provide their customers with new and exciting entertainment choices.”