Knoxville, Tennessee and Park Ridge, New Jersey, May 18, 2009 - Regal Entertainment Group, the largest motion picture exhibitor in the world, and Sony Electronics announced an agreement for the installation of Sony 4K digital projection systems across its entire circuit over the next 3 to 5 years, which will create the most extensive 4K deployment to date.

"The rollout of these Sony 4K systems gives Regal the opportunity to utilize the latest technology to provide our patrons the best available presentation," said Amy Miles, Regal Entertainment Group's incoming chief executive officer. "Sony's state-of-the-art 4K systems produce the highest levels of resolution, contrast and overall image quality."
Approximately 1,500 of the Regal screens will also be outfitted for 3D digital projection, using Sony's newly introduced dual-lens adaptor technology.

"Regal has always been at the forefront of merging technology with entertainment to create a dynamic movie-going experience," said Gary Johns, vice president and head of of Sony Electronics' digital cinema business. "The innovative design and capabilities of the 4K projectors' are a perfect fit for supporting their commitment to deliver not only the highest-quality 2D and 3D digital projection, but also alternative content, live theatrical events and more."

Sony 4K projectors offer the highest image resolution of all projection technologies, producing 8.8 million pixels. 4K technology provides image resolution four times greater than 2K projection systems and slightly more than four times greater than high-definition.

The Regal and Sony agreement is part of an initiative being led by Digital Cinema Implementation Partners, LLC (DCIP), an organization formed in 2007 by Regal Entertainment Group, AMC Entertainment and Cinemark USA, Inc. DCIP is charged with planning and implementing the deployment of digital cinema.

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D&E's digital cinema presentation captures the spectacular live footage of the shows, giving fans the best seat in the house. Shot in pristine Hi-Def with superb 5.1 surround-sound and projected in digital cinemas, the highest quality in cinemas today- the big screen debut will be the ultimate experience for the senses.

D&E Entertainment partners Evan Saxon and Doug Kluthe stated, "We are ecstatic to oversee the theatrical distribution and marketing for this amazing film. D&E will implement a highly effective campaign that incorporates press, radio, online, retail and in-theatre exposure, while letting the fan experience the concert like they are in the front row at Madison Square Garden. At D&E Entertainment we understand the vision of the artists and content owners, and meld this with our great theatre partners."

For more information on Eric Clapton and Steve Winwood ‘Live From Madison Square Garden' or to purchase tickets for the Theatrical Premiere Event, visit:, or

On May 19, 2009 Reprise Records will release a 2-disc CD/DVD of their amazing performances.

‘Live From Madison Square Garden' is playing in the following US and UK locations:

United Kingdom Theatre
London Odeon Covent Garden
United States Theatres
Apple Valley, CA UltraStar Apple Valley
Bay Area/Oakland,CA Brenden Concord 14
Benton Harbor, MI Celebration! Cinema Benton Harbor
Birmingham, AL Rave Patton Creek 15
Boston, MA The Regent Theatre
Buffalo, NY McKinley 6 Theatres
Chicago, IL Kerasotes City North 14
Chicago, IL Kerasotes Webster Place 11
Chicago/Naperville Kerasotes Showplace 16
Chicago/New Lenox Kerasotes Showplace 14
Chicago/Niles Kerasotes Showplace 12
Chicago/Orland Park Orland Park Cinemas
Chicago/Schereville Kerasotes Showplace 12
Chicago/Skokie Kerasotes Village Crossing 18
Columbus, OH Rave Polaris 18
Dallas/Fort Worth,TX Rave Northeast Mall 18
Denver, CO Kerasotes Cherry Creek 8
Denver/Aurora, CO Kerasotes Chinese 16 at Arapahoe Crossing
Detroit, MI Emagine Canton
Fort Lauderdale, FL Trademark Coral Square 8
Grand Rapids, MI Celebration! Cinema South
Indianapolis, IN Kerasotes ShowPlace 16 and IMAX
Kalamazoo, MI Celebration! Crossroads Cinema
Lake Havasu, AZ UltraStar Lake Havasu 10
Lansing, MI Celebration! Cinemas Lansing IMAX
Las Vegas, NV Brenden Theatres and IMAX
Little Rock, AR Rave Colonel Glenn 18
Long Island, NY Clearview Port Washington - Main St
Los Angeles Mann Chinese 6
Madison, WI Kerasotes Star 18
Madison, WI Marcus Point UltraScreen Cinema
Memphis, TN Paradiso Theatre
Miami/Palm Beach, FL Cobb Theatres Downtown 16
Middlebrook, NJ Clearview's Middlebrook Cinema 10
Milwaukee, WI Marcus Ridge Cinemas
Minneapolis/Coon Rapids Kerasotes ShowPlace 16
Minneapolis/Inver Grove Kerasotes Showplace 14
Minneapolis, MN Riverview Theatre
Muskegon, MI Cinema Carousel
New Jersey, NJ Clearview Parsippany 12
New York City, NY Clearview's Chelsea Cinemas
New York City, NY SoHo House (Private Screening)
Omaha, NE Marcus Village Pointe Cinemas
Omaha/Council Bluffs,IA Kerasotes Star 16
Philadelphia, PA Clearview's Anthony Wayne
Phoenix,AZ UltraStar Surprise Pointe Cinema
San Diego,CA UltraStar Mission Valley
San Diego/Del Mar,CA UltraStar Del Mar Highlands 8
San Diego/Oceanside, CA UltraStar Mission Marketplace
Springfield, IL Kerasotes Showplace West 12
Springfield/Edwardsville Kerasotes Showplace 12

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Burbank, Calif. - Warner Bros. Entertainment announced today the all new, which brings together Warner Bros. content and promotions from across the company's divisional spectrum, including Theatrical, Television, Home Video, On Demand, Gaming and Consumer Products. Now filled with more than 2,000 videos, the web site combines an interactive user experience that celebrates the classic history of the Studio's past and its current crop of blockbusters like The Dark Knight and Watchmen. The site's new features emphasize the depth and breadth of the Warner Bros. catalog by showcasing all Warner Bros. content, from the latest trailers in the HD Gallery to a 3-D viewing experience.

Built by Warner Bros. Advanced Digital Services, for the first time visitors to can interactively explore the vast library of Warner Bros.; whether it be chronologically, thematically, or even through the stars of countless legendary films. Visitors now have access to the legendary Warner Bros. catalog like never before and can even download exclusive content from hundreds of their favorite Warner Bros. releases, including original movie posters, trailers and production photos. Users can watch trailers from movies and television titles from the 1920s to the Studio's latest blockbusters.

Through a unique integration of content, users can create their own experience by following various connections to discover deeper and more specialized content. Whether clicking through Titles, Genres, Actors, or even following an interactive timeline, content choices are constantly available, guaranteeing that no user experience is destined to be exactly the same. In addition, all movie and television titles found on that are currently available on Blu-ray, DVD or Digital Download can be purchased online directly from Warner Bros.' online store -

And for a virtual 3-D experience, users can click into the 3-D version of by Exit Reality-from the home page and select an avatar to lead them through the ultimate Warner Bros. Cinema where they can meet with their friends online, watch clips and trailers from their favorite movie genres and even pick up and distribute everything from their favorite virtual movie posters to exploding popcorn. has also been hosting a sweepstakes promoting the opening of the Warner Archive Collection, which features films from the past 80 years that have never yet been released on DVD! This 90-day promotion will include 90 Daily Winners of the daily featured films from the Collection and a Grand Prize Winner who will win not only 100 Warner Archive Collection titles, but also an HD-TV, a portable DVD Player, and a $100 Gift Certificate for the brand new WBShop! The sweepstakes ends June 20, 2010.

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MORRISTOWN, NJ -- Cinedigm Digital Cinema Corp. (NASDAQ: CIDM) (formerly AccessIT), a pioneer in the digital cinema industry, today announced that its Phase 1 subsidiary, Christie/AIX, Inc. ("C/AIX"), has entered into an amendment to its senior credit facility with GE Commercial Finance.

The amendment significantly relaxes the financial covenant ratios that C/AIX is required to meet every quarter through the maturity of the loan in 2013. In addition, the new arrangement allows C/AIX to pay approximately $5 million in cash to its parent company, Cinedigm, as well as increase its ability to pay annual fees to Cinedigm. Reflecting the current market conditions, the amendment increases the interest rate on the credit facility from 4.5% to 6% above LIBOR and sets a LIBOR floor of 2.5%. C/AIX will pay a 0.5% amendment fee on the outstanding balance of $183.9 million.

Bud Mayo, Chief Executive Officer of Cinedigm, stated, "This amendment demonstrates the strength of our relationship with GE and its confidence in Cinedigm's leading industry position, as well as our ability to execute on our business plan. With this amendment in place, we have improved our liquidity and our ability to grow across all divisions of Cinedigm. We expect C/AIX to remain well within its financial covenant requirements through the loan maturity in 2013. We thank GE and its co-lenders for their ongoing support as we continue the rollout of digital cinema systems to theatres nationwide."

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TORONTO - IMAX Corporation (NASDAQ: IMAX; TSX: IMX) today reported total revenues of $33.7 million for the first quarter ended March 31, 2009, a 43% increase compared to total revenues of $23.5 million for the first quarter of 2008. Operating income increased to $2.0 million, a $7.6 million increase compared to last year's operating loss of $5.6 million. The Company's first quarter net loss per diluted share of $0.06 compares favorably to the net loss per diluted share of $0.25 for the first quarter of fiscal 2008.

IMAX Chief Executive Officer Richard L. Gelfond stated, "We have often said that our introduction of digital and our joint revenue sharing initiative would yield improved financial results and we believe the first quarter reflects early progress towards this goal. Our highest level of sales-type lease system installs in over two years, the continued rapid growth of our joint revenue sharing theater network and our focus on cost containment were the primary drivers of our improved performance. We are particularly encouraged by our performance given that the first full-length new IMAX DMR(R) release did not occur until Warner Brothers' Watchmen opened in March, the last month of the quarter. Given the early success of our digital roll-out, our strong line-up of film product and our focus on cost containment, we continue to believe that we should achieve strong revenue growth and return to profitability in 2009."

IMAX systems revenue increased over 100% to $16.5 million versus $8.2 million in the prior year period. The Company installed and recognized revenue on nine theatre systems that qualified as either sales or sales-type leases in the first quarter of 2009 (including three digital upgrades), compared to four in 2008. Revenue from joint revenue sharing arrangements increased nearly six-fold to $1.9 million, compared to $0.3 million last year. The Company installed 22 new systems under joint revenue sharing arrangements (including five digital upgrades of theatres under joint revenue sharing arrangements) in the first quarter of 2009, compared to zero in the year ago period.

For the first quarter of 2009, film revenue increased 6% to $7.8 million, compared to $7.4 million in the first quarter of 2008. This included Production and IMAX DMR revenues of $3.7 million compared to $2.9 million a year ago.

Mr. Gelfond continued, "On the film side, Watchmen: The IMAX Experience delivered a domestic per screen average of approximately $92,000 and Monsters vs. Aliens: An IMAX 3D Experience has grossed an average of $126,000 per screen in IMAX theatres to date, outpacing both the 2D and other 3D versions of the film on a per screen basis. We are very encouraged that, in these challenging economic times, consumers are continuing to embrace The IMAX Experience(R)."

First quarter gross box office from DMR titles increased to $29.9 million in the first quarter of 2009, compared to $15.7 million in the first quarter of 2008. The titles that contributed the majority of the Company's first quarter box office results were the March 6th release of Warner Brother's Watchmen: The IMAX Experience, which generated approximately $14.6 million in IMAX theatres worldwide and DreamWorks Animation SKG's Monsters vs. Aliens: An IMAX 3D Experience, which was released to IMAX theaters on March 27th and generated $6.6 million in gross box office as of quarter end and $24.7 million through Sunday. Additional DMR titles within the quarter were Twentieth Century Fox's The Day the Earth Stood Still: The IMAX Experience, the re-release of Warner Bros. Pictures' The Dark Knight: The IMAX Experience, and the one week run of Disney's The Jonas Brothers: A 3D Concert Experience.

First quarter gross margin increased 39% to $14.1 million from $10.1 million last year. Negatively impacting gross margin was $0.7 million of non-recurring launch costs associated with the 17 new theatres opened under joint revenue sharing arrangements during the quarter. A description of how this impacted the gross margin of the Company's joint revenue sharing business segment is included with the segment table at the end of this press release.

Selling, general and administrative expenses decreased to $10.9 million in the first quarter, compared to $12.4 million a year ago. Lower professional fees and operating expenses were partially offset by a $1.2 million foreign currency exchange charge largely due to a decline in the Canadian dollar, which impacts foreign currency denominated receivables, unhedged forward currency contracts and other working capital balances. The exchange rate on the Canadian dollar has since improved from quarter-end. Research and development costs decreased to $0.5 million in the first quarter of 2009 as compared to $2.5 million in the first quarter of 2008. Last year's research and development expenses reflected the costs associated with the development of the Company's digital projection system that launched in July of 2008.

The Company ended the quarter with a total of 371 IMAX theaters in operation, a 24% increase over last year's first quarter. Its commercial theater count increased to 250 theaters, a 40% increase over last year. The Company's digital and joint revenue sharing strategies continued to drive its rapid growth. At the end of the quarter, 73 digital systems were in operation, up from 46 as of December 31, 2008. The number of IMAX(R) theatres under joint revenue sharing arrangements also grew, to 69 theaters in operation, up from 52 as of year-end and compared to 11 last year. The Company currently remains on track to have between 115 and 125 joint revenue sharing theaters in operation by year-end.

As of March 31, 2009, the Company's backlog consisted of 190 theatre systems compared to 245 theatre systems in backlog as of March 31, 2008. Included in the 2009 and 2008 system backlog totals were 89 and 135 theatres, respectively, under joint revenue sharing arrangements. During the quarter the Company signed contracts for three new systems under sales and sales-type lease arrangements, one of which was installed in the first quarter.

At the end of the first quarter, the Company's cash position was approximately $18.7 million, compared to $27.0 million at the end of 2008 and $18.1 million as of March 31, 2008. The Company's cash position is after investments related to its joint revenue sharing digital projection systems, which amounted to approximately $7.0 million in the first quarter. The Company commented that it remains confident that the combination of its cash position, available credit of $11.6 million under its credit facility, and operating cash flows will provide the necessary funding for its continued roll-out of joint revenue sharing digital projection systems.

Looking ahead to the remainder of the 2009 film slate, Star Trek: The IMAX Experience (Paramount Pictures), will be released to 167 IMAX theaters today at 7:00 PM for a two-week limited engagement, followed by Night at the Museum: Battle of the Smithsonian: The IMAX Experience (Twentieth Century Fox, May 22, 2009); Transformers: Revenge of the Fallen: The IMAX Experience (Paramount Pictures, June 2009); Harry Potter and the Half-Blood Prince: An IMAX 3D Experience (WB, July 2009); Disney's A Christmas Carol: An IMAX 3D Experience (Walt Disney Pictures and ImageMovers Digital, November 2009); and James Cameron's Avatar: An IMAX 3D Experience (Twentieth Century Fox, December 2009). The Company believes it will also have an additional DMR title in the fall.

Mr. Gelfond concluded, "We are encouraged by our first quarter results, our success in the second quarter with Monsters vs. Aliens and pre-sales for Star Trek. We believe our 2009 slate includes some of the most popular franchises and highly anticipated films of the year. The record number of films coming through the IMAX network this year, combined with the quality of those titles, is allowing our business to be less about the performance of a single film and more about the success of the overall portfolio, which is much more diversified than in past years. We look forward to announcing more titles in the coming months."

The Company's 2010 film slate currently includes Avatar: An IMAX 3D Experience, which should carry over from its December 18, 2009 release, Disney's Alice in Wonderland: An IMAX 3D Experience (March 2010), DreamWorks Animation's How to Train Your Dragon: An IMAX 3D Experience (March 2010), DreamWorks Animation's Shrek Goes Fourth: An IMAX 3D Experience (May 2010) and an IMAX original film, in partnership with Warner Brothers, currently titled Hubble 3D. The Company is currently in discussions with virtually every major studio about other films for potential release in 2010.

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