CINEASIA, Hong Kong -- GDC Technology ("GDC"), a world leading digital cinema solution provider, is pleased to announce today the signing of a repeat order to supply digital cinema servers for Zhejiang Hengdian Cinema ("Hengdian Cinema"), a subsidiary of Zhejiang Hengdian Group. The contract involves the installation of 200 units of GDC SX-2000A digital cinema server incorporated with integrated media block ("IMB") into the cinemas of Hengdian Cinema throughout China, and work has started in September 2010.

Zhejiang Hengdian Group, the largest private enterprise in China's movie & TV entertainment industry, established its wholly owned subsidiary Hengdian Cinema in 2009 to venture into the cinema exhibition business. After two years of rapid growth, Hengdian Cinema's box-office takings reached 80 million RMB in 2009 and achieved 16th rank in China. With an aim to provide moviegoers the best possible cinematic experience, all new cinemas of Hengdian Cinema are of 5-star standard and are fully equipped with world-leading state-of-the-art audio-visual facilities and digital cinema systems. Hengdian Cinema plans to invest around 3-6 billion RMB to add 300-500 premier cinemas in the next 5-10 years; this will further increase Hengdain Cinema's market share as well as its social impact, and build Hengdian Cinema into a leading brand in China.

"Since signing the first contract with GDC in 2009 for the supply of 120 units of digital cinema server, Hengdian Cinema has been working closely with GDC and we have been extremely pleased with GDC's products and services," said Mr. Xu Tianfu, General Manager of Zhejiang Hengdian Movie & TV Entertainment Co., Ltd. "GDC is excellent in its quality products and reliable technical support, and its forward-looking digital cinema solution is one that is adaptive to the ever-changing digital cinema landscape. GDC has won the trust of Hengdian Cinema and it is the clear choice for our latest deployment program involving 200 digital cinema servers."

"We are delighted to see Hengdian Cinema achieve such remarkable growth and success in China's cinema exhibition market," said Dr Man-Nang Chong, founder and CEO of GDC Technology Ltd. "Their recognition and trust in GDC's products and services are most rewarding. We feel honored to be the exclusive server supplier for Hengdian Cinema in their next phase of expansion."

 

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Souce: Home Media Magazine

Time Warner Inc. CEO Jeff Bewkes told a group of investors on Monday that the company will work with major retailers such as Walmart when testing out premium video-on-demand early next year. The premium VOD service will allow consumers to spend double the average ticket price to see new films at home anywhere from 30-60 days before they are released on DVD/Blu-ray.

"We think we can come up with an incremental, serve-the-consumer kind of offering that does not undervalue theatrical content and the consumer view of what that value is," says Bewkes.

Many in the exhibition industry fear that premium VOD will hurt theatrical receipts.

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Beijing - Dolby Laboratories, Inc. (NYSE:DLB) announced today that major China-based cinema company Dadi Media Group (Dadi) recently ordered 600 Dolby® Digital Cinema systems, reinforcing Dolby's leadership in digital cinema for the Greater China region. The orders include 600 Dolby Screen Servers (DSS200s) and 600 Dolby CP750 Digital Cinema Processors. Dadi plans to have these digital cinema systems installed by the end of 2011.

"We have three years of unique experience with digital cinema investment and operation in China's domestic market. When we started working with Dolby in 2009, it allowed us to enhance our exhibition stability and offer our audience a new, immersing entertainment experience when watching movies," said Liu Kaijun, General Manager, Cinema Investment, Dadi Media Group. "We have been impressed by the technical and service performance of the Dolby Digital Cinema system and with the Dolby team, which has given us the confidence for further cooperation. Dadi has ordered 600 Dolby Screen Servers and 600 Dolby CP750 Digital Cinema Processors to serve our rapid cinema deployment in China. We believe working with a leading global entertainment technology and product innovator like Dolby will reinforce Dadi's overall partnerships in China and contribute to our presence in the market."

"We thank Dadi for their continued confidence in Dolby and believe this collaboration is a major breakthrough for driving digital cinema adoption in China. Dolby is dedicated to assisting China's cinema industry transition from analog to digital," said Mahesh Sundaram, Vice President, Asia Pacific, Dolby Laboratories. "Since the debut of Dolby technology in cinema nearly 40 years ago, we have worked to constantly improve the entertainment experience of cinema from both a visual and audio perspective. China has a dynamic entertainment market and is strategically important for Dolby. For this reason, Dolby continues to introduce a variety of technologies and value-added services to our partners in China."

Since launching its digital cinema technologies, Dolby has attained the following landmark achievements worldwide:
o Shipped more than 6,800 Dolby Screen Servers since November 2005
o Shipped more than 6,000 Dolby 3D Digital Cinema systems since November 2007
o Shipped more than 4,700 Dolby CP750 Digital Cinema Processors since March 2009
o Conducted more than 1,000 global installations of Dolby Surround 7.1 since June 2010

About the DSS200
The Dolby Screen Server (DSS200) is the all-in-one platform to store, decode, and deliver pristine digital movies to a digital cinema projector. The FIPS-certified DSS200 offers improved storage (up to 3 TB), serviceability, and interoperability. Dolby Digital Cinema integrates easily with existing automation and sound systems, delivering superb picture quality and stunning sound. A storage subsystem moves feature content around the network effortlessly. Flexible serial automation and closed captions support automation and access needs, and the ability to perform software updates remotely makes updates easier.

About the Dolby CP750
The Dolby CP750 Digital Cinema Processor underscores Dolby's commitment to simplifying digital cinema, making the upgrade easy and economical. Designed to work with the new digital cinema environment, the Dolby CP750 seamlessly integrates with preshow servers, alternative content, and digital cinema servers. The processor has an easy-to-use interface and powerful setup/remote software, and it can play back PCM digital audio (Dolby Digital, Dolby Pro Logic®, Dolby Pro Logic II, Dolby Digital Surround EXTM, and Dolby Surround 7.1) streams as well as analog audio. Using the Dolby Theatre Management System software allows a theatre's network operations center to manage the system, and the unit can be monitored, controlled, and upgraded from one centralized location via the Internet. The CP750 can also process tracks for the hearing or visually impaired.

 

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harrypotter7news.pngMonday Update: Harry Potter and the Deathly Hallows: Part I came in slightly higher than Sunday projection, taking in $54.8 million with over 7.1 million admissions from over 14,000 screens in 63 territories, bringing the international cume to date to $469.7m.

Sunday Update:
Warner Bros. is reporting that Harry Potter and the Deathly Hallows: Part I was able to rake in $54.4 million internationally this weekend thanks to 7 million admissions from over 14,000 screens in 62 territories. The sequel fell 53% from last weekend. The international cume to date is now $469.1 million, which puts Potter's worldwide total at an estimated $713 million.

Key Holdovers (sorted by weekend gross):

France (2nd w/e): €7m (US$9.2m) / cume €23m (US$31m)

UK (3rd w/e): £3.5m (US$5.5m) / cume £39m (US$62.4m)

Japan (3rd w/e): ¥455m (US$5.4m) / cume ¥3.8b (US$45.3m)

Germany (3rd w/e): €4m (US$5.2m) / cume €32.1m (US$43.6m)

Australia (3rd w/e): A$3.4m (US$3.3m) / cume A$31.3m (US$30.8m)

China (3rd w/e): Rmb 17m (US$2.6m) / cume Rmb 186.8m (US$28.1m)

Brazil (3rd w/e): R$3.8m (US$2.2m) / cume R$27.4m (US$15.9m)

Italy (3rd w/e): €1.6m (US$2m) / cume €16.4m (US$22.2m)

Russia (3rd w/e): Rbl 52m (US$1.7m) / cume Rbl 750.2m (US$24.2m)

Spain (3rd w/e): €1.3m (US$1.7m) / cume €10.8m (US$14.6m)

Mexico (3rd w/e): Ps 19.8m (US$1.6m) / cume Ps 231.5m (US$18.8m)

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