(December 7, 2010 -- Sony Corporation of America has extended Amy Pascal's employment agreement with Sony Pictures Entertainment. Pascal is Co-Chairman of Sony Pictures, and together with Michael Lynton, Chairman and Chief Executive Officer, they are responsible for overseeing all lines of business for the studio, including motion pictures (Columbia Pictures, Screen Gems and TriStar Pictures), worldwide television production and distribution, home entertainment, and digital productions (Imageworks and Sony Pictures Animation). So far this year, the studio's successful slate of films has generated more than $2 billion in worldwide box office revenues. Since 2000, Sony Pictures has had 73 movies open to #1 at the domestic box office, more than any other studio. Last year, Sony Pictures enjoyed its best year ever at the worldwide box office with nearly $3.6 billion in theatrical ticket sales.

"At Sony Pictures, two heads are smarter than one, more distinguished than one, and more dynamic than one," said Sir Howard Stringer, Chairman, Chief Executive Officer and President of Sony Corporation. "Amy Pascal and Michael Lynton are synonymous with success and style and under their leadership, the studio continues to be an immense source of pride for us all. While The Social Network is receiving such unanimous acclaim, it is only the latest in a long string of hits from the studio over the past several years. There is no doubt Amy is making Culver City the epicenter of creativity, and a home away from home for Hollywood's finest."

"Michael and I care deeply about the content Sony Pictures creates and we share a unified and committed vision towards the kinds of movies and television programming we want to make," Pascal said. "I am very lucky to have a boss in my corner like Howard. He has been a true champion of this studio and he put Michael and me together as partners, and for that alone, I will always be grateful. There could be no better collaborator, no savvier businessman and no greater friend as we lead Sony into the future. We are tremendously proud of what our employees all over the world have accomplished over the past several years. For the better part of this decade, we have enjoyed an outstanding level of success thanks to each member of our team who tirelessly supports the innovative storytellers and talent who bring our projects to screens and devices of every size. I know the best from Sony Pictures is still to come."

"I have never enjoyed a job more than this one, thanks to my partnership with Amy. Her leadership, business skills and candid, no-nonsense approach to problem solving brings enormous strength to all of our lines of business, especially in this time of real challenge and change in our industry," said Lynton. "I couldn't imagine running Sony Pictures without Amy as my partner."

Sony Pictures Entertainment is only one of two studios to generate more than $1 billion in domestic box office sales for each of the past nine years. Since Pascal's promotion to co-chairman of the studio in 2006, the studio has released an impressive array of box office hits, including such worldwide blockbusters as Spider-Man 3, The Pursuit of Happyness, Casino Royale, Superbad, You Don't Mess with the Zohan, Step Brothers, Quantum of Solace, and Paul Blart: Mall Cop, and Hancock, among others.

Pascal joined Columbia Pictures in 1988, leaving the studio in 1994 to help build Turner Pictures as president of Production. During her first years at Columbia, she oversaw such memorable motion pictures as Groundhog Day, Little Women, Awakenings, and A League of Their Own. She rejoined Columbia Pictures in 1996 as president of the studio under John Calley.

Earlier in her career, Pascal was Vice President of Production at 20th Century Fox in 1986-1987. Before joining Fox, Pascal began her career as a secretary working for legendary BBC producer Tony Garnett at Kestral Films, an independent production company affiliated with Warner Bros.

 

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BURBANK, Calif. -- The Walt Disney Studios, DreamWorks Studios and IMAX Corporation (NASDAQ: IMAX; TSX: IMX) announced today that two of DreamWorks' 2011 Touchstone Pictures releases, I Am Number Four and Real Steel, will open day-and-date in digital IMAX® theatres around the world. Both films are produced by DreamWorks and will be released under Disney's Touchstone banner as part of the distribution agreement between the two companies.

"DreamWorks is pleased to have the incredible team at IMAX on board for these two exciting films," said Jeff Small, President and COO of DreamWorks Studios. "Having I Am Number Four and Real Steel exhibited in IMAX theatres gives us a wonderful opportunity to showcase the fantastic work of the filmmakers and the people involved in creating these visual tales. Audiences get the benefit of a fully immersive movie-going experience on two films that are ideally suited for the visual and sensory IMAX experience."

"Real Steel and I Am Number Four are films that transport the audience right into the middle of the action," said Chuck Viane, president of global distribution for Walt Disney Studios Motion Pictures. "We're very excited to be able to offer moviegoers The IMAX Experience® for these films."

"The inclusion of two live-action DreamWorks titles in our 2011 slate enables us to expand the range of content available to IMAX theatres and extend our brand deeper into our growing 18-34 year-old audience segment," said IMAX Chief Executive Officer Richard L. Gelfond. "Both directors have already demonstrated how their vision works very well with The IMAX Experience and with such a strong studio behind them, we're optimistic that even more of their fans will have the opportunity to experience their latest work in IMAX."

"We are thrilled that IMAX movie-goers will experience the newest films from our long-standing partnership with DreamWorks Studios and filmmakers D.J. Caruso and Shawn Levy," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "The strong track records of Steven, Stacey, Jeff and the filmmakers represent the quality and excitement that we look for in our films and we believe these strong titles are an ideal fit for our audience and our 2011 film slate."

Helmed by D.J. Caruso (Eagle Eye, Disturbia), I Am Number Four is an action-packed thriller about an extraordinary teen (Alex Pettyfer) hunted by ruthless enemies. Settling in a small Ohio town, he discovers powerful new abilities as well as a connection to the others who share his destiny. Timothy Olyphant (Justified) and Dianna Agron (Glee) also star. The film has a US release date of February 18, 2011.

Set in a world of next-generation boxing, Real Steel is a gritty action drama directed by Shawn Levy (A Night at the Museum franchise, Date Night). Hugh Jackman (Wolverine, X-Men) headlines as washed-up fighter Charlie Kenton, who lost his chance at a title when 8-foot-tall steel robots took over the ring. When he reluctantly teams up with his estranged son (Dakota Goyo), Charlie gets one last shot at a comeback. Real Steel is scheduled for release in the US on October 7, 2011.

 

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DALLAS, TX / HONG KONG -- Texas Instruments (TI) (NYSE: TXN) DLP® today proudly announced that 2010 is on track to finish as a banner year for its DLP Cinema® technology, both in the Asia Pacific region, and throughout the world. Led by powerful increases in the number of both 2D and 3D screens equipped with DLP Cinema technology, DLP is honored to play a pivotal role in delivering the biggest and brightest cinematic experience to theatres, and ultimately moviegoers, worldwide. DLP Cinema technology and products are currently on display at CineAsia 2010 in Hong Kong.

During the period between January 6, 2010 and December 1, 2010, the number of DLP Cinema screens in the Asia Pacific region showing Hollywood content grew 100 percent to a total of 6,972 (from 3,485), with 3D screens in the region jumping 148 percent to 4,583 total (from 1,846) during the same timeframe. Worldwide, DLP Cinema screen counts showing Hollywood content rose by 67 percent for 2D and 97 percent for 3D, to grand totals of 28,036 and 18,637 screens respectively.

"DLP Cinema and our partners have worked tirelessly, especially in 2010, to provide theatres far and wide with the very latest, award-winning cinema technologies available," said Dave Duncan, manager of DLP Cinema for Texas Instruments. "It is because of these efforts that DLP Cinema has been able to experience such exceptional success, and we will continue to strive toward bringing the best technology possible to exhibitors and audiences in the Asia Pacific region, and the world, during the coming years."

In 2010, more DLP Cinema chipsets will have been delivered for use in cutting-edge projection systems than in the past ten years overall. These DLP Cinema projection systems are used throughout the world in many different applications: With Hollywood cinema, including powering every IMAX® digital theatre worldwide; with local content cinema, such as Chinese and Indian movies; and as the industry standard for post production studios and facilities. Other venues where DLP Cinema can be found include high end home theatres, cruise ships, theme parks, and even one-of-a-kind special events like the opening ceremony of the Beijing 2008 Olympic Games, and the Shanghai World Expo.

DLP Cinema's application versatility and its immense growth, fueled by strong demand for digital cinema and digital 3D equipment in the Asia Pacific region especially, have helped TI and DLP Cinema customers to lead the world in digital cinema deployments.

To learn more about DLP Cinema's full line of award-winning, DCI-compliant technology solutions, please visit www.DLPCinema.com. Additionally, please visit us at CineAsia 2010 through December 9, 2010, where visitors will be able to enjoy a special presentation of Disney's "TRON: Legacy" in IMAX 3D, powered by DLP Cinema technology.

 

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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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