LAS VEGAS -- Harkness Screens, the world's leading manufacturer of cinema screens, announced today that its Digital Screen Selector application has passed the 500 user threshold.

Officially launched at ShoWest 2010, the Digital Screen Selector is intended as an aid to theatre operators seeking to optimise their investment in digital cinema by helping to reduce operating costs for 2D as well as optimise light levels for both 2D and 3D.

"We are delighted that our Digital Screen Selector has become such a popular aid to customers since its debut last year," says Andrew Robinson, managing director of Harkness Screens. "We created the Selector to identify cost-effective solutions for digital cinema conversion and encourage theatre operators throughout the world to utilize the wonderful insights the application provides."

By answering a few quick questions about the screen size and equipment being used in a particular theatre, the Selector suggests Harkness screen options to optimise performance and cost.

Available through the Harkness Web site, the Digital Screen Selector features a user-friendly interface with no software download required and uses industry-accepted standards and vendor data to compare different operating scenarios. The Selector is intended to be a guide for theatre operators when consulting with projector, lamp and 3D technology providers.

In addition to its 500 registered users, the Selector has had over 2,000 non-registered visitors use the application.

"We are committed to the trend in digital cinema and will continue to develop our products to optimise this application," adds Robinson.

For more information and to see a demonstration of the Digital Screen Selector, please visit Harkness at CinemaCon 2011, booth 904A.

 

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NEW YORK/ATLANTA/MEMPHIS -- EFA Partners, an entertainment financial advisory firm focused on providing financing solutions for movie exhibitors, announced that it led and advised the recently closed financing facility for Malco Theatres, a progressive motion pictures exhibitor operating over 320 screens at 30 locations throughout the Southeastern United States. The proceeds from the financing were utilized for Malco's digital cinema conversion.

"EFA's unique knowledge and experience with film exhibition and digital cinema was extremely helpful in leading our financing process," said Bobby Levy, Executive Vice President of Malco Theatres. "Malco prides itself in providing the latest technology to its patrons, and we are excited that this financing will allow us to continue our conversion to digital."

EFA's principals have over 20 years of collective experience in film exhibition finance and have deep relationships within the banking and leasing communities. This allowed them to procure numerous proposals for the Malco financing and provide appropriate recommendations. In addition, the EFA team assisted with the negotiation of the credit documentation as well as agreements related to digital cinema.

"We are extremely pleased to help the team at Malco with its digital initiative," said Brandt Gully, principal of EFA Partners. "Malco has been committed to providing the highest quality movie presentation to its customers for decades, and we are excited to be the company's exclusive advisory partners for its financing needs".

 

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New York, NY - The Weinstein Company (TWC) announced today that THE KING'S SPEECH PG-13, the family-friendly version of its Academy Award-winning historical drama about King George VI, will open on 1,000 screens nationwide on April 1, and will be the only version available in theatres. One of the year's most celebrated, successful and beloved films, THE KING'S SPEECH was honored at the 83rd Academy Awards® with Oscars® for Best Picture, to producers Iain Canning, Emile Sherman and Gareth Unwin; Best Director, to helmer Tom Hooper; Best Actor, to star Colin Firth; and Best Original Screenplay, to screenwriter David Seidler. The announcement was made by TWC's President of Theatrical Distribution and Home Entertainment Eric Lomis.

Said Lomis, "We are thankful to the MPAA for their wisdom and swift action in approving the release of THE KING'S SPEECH PG-13 release. The action enables those to whom it speaks most directly - young people who are troubled by stuttering, bullying and similar trials -- to see it."

The emotional impact of stuttering that was illuminated by THE KING'S SPEECH continues to be a topic of conversation with the recent statements by Vice President Joseph Biden about his own struggles with stammering. The release of THE KING'S SPEECH PG-13 offers families nationwide access to a positive story about stuttering and overcoming obstacles and social stigmas.

 

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NEW YORK and BEIJING -- IMAX Corporation today announced a 75-theatre joint revenue sharing agreement with Wanda Cinema Line Corporation. IMAX also announced the formation of IMAX China to oversee the expansion of the rapidly growing IMAX business in the market. This agreement with Wanda, which represents IMAX's first full revenue-sharing agreement in China and its largest single international partnership to date, brings the total number of IMAX theatres slated to be open or in backlog in Greater China to 177 over the next few years. Under the terms of the new partnership, IMAX will install its latest digital theatre system technology into 25 of the exhibitor's multiplex locations this year, with the remainder to be rolled out in 2012, 2013 and 2014.

Wanda, a wholly-owned subsidiary of Dalian Wanda Group, is the largest cinema operator in the People's Republic of China, as well as the country's largest operator of IMAX theatres, with 10 theatres open to date and another 81 theatres in backlog. With today's announcement, Wanda is poised to become the largest operator of IMAX theatres outside of North America and the second-largest operator of IMAX theatres worldwide with a total commitment of 91 theatres.

Greater China is IMAX's second-largest market globally, with some of the network's highest-grossing IMAX theatres in the world. The Company believes that this, coupled with the significant opportunity the Greater China exhibition market presents, provides the strategic rationale for the establishment of IMAX China (Hong Kong), Limited ("IMAX China"), a wholly-owned subsidiary of IMAX. IMAX China was established to oversee the expanding IMAX business in Greater China. IMAX China is also in the process of organizing a wholly foreign-owned entity in the People's Republic of China in order to manage the day-to-day operations of IMAX China in China.

 

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