Feeds

Paramount deal paves digital cinema roll-out

Lights, 3-D projector, action

Top three mobile application threats

Hollywood studio Paramount Pictures announced a direct-to-exhibitors digital movie deal on Thursday in what it claimed marked an industry first.

The move, which applies only to the US and Canada, is designed to speed the roll-out of digital and 3-D projection systems in cinema theatres. Instead of working through integrators and leasing kit, exhibitors gain a way to finance digital cinema systems locally, rather than waiting for comprehensive integrator agreements, which require a large stake of up-front cash, to go through.

In addition, as a statement by Paramount explains, the agreement allows exhibitors to own and control their equipment. Paramount is partnering with organisations such as DCIP (Digital Cinema Implementation Partners), Cinedigm, Kodak, and Sony in introducing 21st century digital technology as a replacement for celluloid.

To date, Paramount has signed nine digital cinema integration deals - four in the US, three in Europe and two in Asia. More than 3,500 screens have been converted to digital under phase one of Cinedigm's roll-out plans, Paramount adds.

Paramount, owned by media conglomerate Viacom, has in common with other Hollywood studios a clear financial interest in pushing the adoption of digital technologies, which get around the financial and logistical nightmare of producing and distributing movie reels.

A single film print can cost more than $1,000. Converting theaters to digital can cost $150,000 per screen but offers greater flexibility. Digital media playback of hi-resolution files has been technically possible for 20 years or more but it's only as the price of bandwidth and storage fall that the idea has become financially attractive. At the same time the capabilities of the technology has increased, winning over cinema goers, and making innovations such as 3-D screenings more widely available. ®

Top three mobile application threats

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.