Hollywood, CA -- 3D technology company, MasterImage 3D, Inc. announced today that it has received a $15M investment from Samsung Ventures. MasterImage 3D provides auto-stereoscopic 3D displays and 3D content creation tools for mobile devices, and 3D digital cinema solutions.

MasterImage 3D invented, patented and mass-produced the cell-matrix parallax barrier, the leading 3D technology for auto-stereoscopic mobile display, which offers a higher quality 3D experience than striped and lenticular approaches. The company enabled one of the world's first glasses-free 3D mobile phones and is in development to deliver additional smartphones and tablets equipped with its 3D displays in 2011. MasterImage 3D digital cinema systems are installed in nearly 60 countries, following a year of over 300% growth.

"Samsung's investment supports our strong belief that we've just begun to realize the impact 3D will have on consumers," said Younghoon Lee, Chairman and CEO of MasterImage 3D. "We are committing this investment to innovation -- specifically, to advancing our 3D solutions for cinema, smartphones, tablets, and larger autostereoscopic displays. We will continue to build toward our vision of 3D on every screen."

Ilseok Yoon, Managing Director of Samsung Ventures America, said, "Our investment in MasterImage 3D is consistent with our strategy to work closely with established market leaders. The company was early to market with auto-stereoscopic 3D mobile displays and has built a significant business in 3D cinema. MasterImage 3D has demonstrated both a technical and business vision in driving adoption of 3D and we look forward to contributing to the progress MasterImage 3D has made in all facets of consumer entertainment and communication."

 

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Source: Deadline.com

David Fincher is now reportedly in the running to take on a new film about Cleopatra for Sony. Angelina Jolie is attached to star in the 3D project.

James Cameron expressed interest in Cleoptra, but he is now focusing on the Avatar sequels. Paul Greengrass also circled the project before leaving to make Memphis about the Martin Luther King assassination.

Fincher is currently working on a remake of The Girl with the Dragon Tattoo.

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LOS ANGELES -- Following a year of significant global theatre network growth, the best box office results in company history and a record number of films, IMAX Corporation (NYSE:IMAX) (TSX:IMX) today announced it has promoted Phil Groves to Senior VP, Worldwide Distribution, Studio-Exhibitor Relations. In his expanded role, Mr. Groves will oversee IMAX's global distribution operation in addition to managing the rapidly growing number of international relationships the Company maintains. Mr. Groves will continue to report to Greg Foster, Chairman and President, IMAX Filmed Entertainment.

"Phil has been a key contributor to the successful transformation of IMAX's film business and the results of that strategy have been evident," said Foster. "We have expanded his position to acknowledge the role he has played, and to enable our growing list of global exhibition and studio partners to have access to Phil's extensive knowledge of the IMAX distribution business."

In 2010, 13 new exhibition partners opened IMAX(R) theatres. The Company installed a total of 123 theatre systems worldwide, of which 91 were in new locations. IMAX forged relationships with several new partners, including Chinese film studios, and the IMAX film slate featured 15 titles.

 

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ATLANTA - Allure Global Solutions, Inc. announces the completion of a full circuit roll out of its dynamic digital menu board solution for all MNM Theatres locations.

MNM Theatres wanted to leverage technology to update its theaters' look and to positively impact its customers. By utilizing Allure Global's digital menu board solution, they are able to draw more customers to the concession stands and increase per caps, all while leveraging an Interruptive Marketing strategy to maximize MNM Theatres' business objectives.

"The conversion process was totally handled by Allure Global from the procurement of equipment to the installation and design of the new digital menu boards," states Brad Beck, Vice President of Operations for MMM Theatres. "To say we are no less than 100% satisfied with Allure Global's services would be an understatement. Twenty-one weeks after the initial installation, we are currently tracking an increase in our concession net sales in the range of 5.95%. Initial data has shown our investment should completely pay for itself in one year or less. This combined with the aesthetics improvements and simple versatility of the digital menu boards has made our investment an
overwhelming success."

"We were extremely excited to have a great partnership with MNM Theatres," states Craig K. Chapin, President and CEO for Allure Global. "MNM Theatre's aggressive marketing approach at the concession stands fits perfectly with Allure Global's digital signage solution and is validated via the results they have seen. We look forward to continue working together to build on these early successes."

 

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Washington D.C. -- Senator Chris Dodd, MPAA Chairman & CEO, will join NATO President & CEO John Fithian to deliver State of the Industry addresses at the inaugural CinemaCon exhibition industry convention, Tuesday, March 29, 2011, it was announced today by John Fithian and CinemaCon Managing Director Mitch Neuhauser.

"I could not be more delighted that Senator Dodd has chosen to begin his tenure at the MPAA with an address to the exhibition industry at the very first CinemaCon," said Fithian. "NATO and MPAA have a long history of working together in the best interests of the movie industry and Senator Dodd's appearance at NATO's official convention is a powerful symbol of that partnership."

"Welcome to show business, Senator," added Neuhauser. "And welcome to CinemaCon! CinemaCon 2011 is designed to honor the cinema industry's past, while looking forward to its future, and as this is the very first CinemaCon, it will be great starting out with a strong new partner in the industry."

Senator Dodd served in the United States Congress representing Connecticut for 36 years - six years in the House of Representatives and thirty years in the U.S. Senate. Senator Dodd was one of the most widely respected legislators during his years in Congress, earning the trust and admiration of both Democrats and Republicans. As a key participant in nearly every major national policy debate over the past three decades, Senator Dodd authored or co-authored major legislation in the areas of education, health, financial services, foreign policy, and election reform.

During his final term he was Chairman of the Senate Banking Committee and the author of the historic Dodd-Frank Wall Street Reform and Consumer Protection Act. Dodd also served as Acting-Chairman of the Senate Health, Education, Labor, and Pensions (HELP) Committee during the 2009 consideration of the Health Care Reform Act. He also was a senior member of the Senate Foreign Relations Committee.

 

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