Los Angeles, CA -- Time Warner chairman Jeff Bewkes and CBS president and CEO Les Moonves offered some unsolicited advice for theater owners at the Jefferies 2011 Global Technology, Internet, Media & Telecommunications Conference, Wednesday morning.

According to published reports, "There has been too much excitement about this," Bewkes said about premium VOD in highlighting that exhibitors and studios share the same interests. Discussing exhibitors, he emphasized once again that "nobody in the movie business wants them to be at risk," and suggested that studios and theaters have aligned interests in making content accessible in legal and high-quality ways to combat piracy. (Hollywood Reporter, May 11, 2011)

Moonves said "I know theater owners are scared," noting that all companies in media have had to adapt to new technology. "They are going to have to change a bit to prevent a crisis." (Variety, May 11, 2011)

"Forgive us if we decline to take business lessons from the end of the industry that enabled the erosion of value in the home market," said National Association of Theatre Owners (NATO) president and CEO John Fithian. "The creation of $1.99 kiosk rentals and $7.99 monthly subscriptions have undercut the sell-through model in the home-not theatrical release windows."

"Let me offer some advice in return, from the end of the business that has grown more than 25 percent globally over the last five years," Fithian continued. "Your problem is in the home window: fix it there. You will not create extra revenue by introducing in the theatrical window the same self-cannibalizing channel confusion that has decimated the home market."

On the issue of movie theft, Fithian added, "Combat piracy by charging $30 for a rental? Really? You can't compete with free. Early VOD release will only exacerbate theft by giving the pirates a pristine digital copy of the movie much earlier than they have with DVDs."

"Theater owners around the globe are indeed concerned. So are many leading movie directors and producers who care about the theatrical experience. Studio bosses should spend more time talking to their partners about models that might work, instead of asking us to calm down."


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Hollywood and San Francisco -- Dolby Laboratories, Inc. (NYSE: DLB), Paramount Pictures, a unit of Viacom, Inc. (NYSE: VIA and VIA.B) and Marvel Entertainment, LLC announced today that both 2D and 3D formats of Thor and Captain America: The First Avenger are being released globally in Dolby® Surround 7.1.

"Marvel Studios' Thor and Captain America: The First Avenger deliver unforgettable sequences that will draw audiences into the story with rich visual effects and Dolby Surround 7.1 will compliment these elements in an epic way," said Victoria Alonso, EVP of Visual Effects and Post at Marvel Studios. "So whether you are swooping over the lands of Asgard in Thor or in a World War II battle scene in Captain America: The First Avenger, audiences will feel more a part of the action with Dolby Surround 7.1."

The latest innovation from a pioneer in cinema sound, Dolby Surround 7.1 improves the spatial dimension of soundtracks and enhances audio definition, resulting in full-featured audio that better matches the visual impact of movies.

"Paramount Pictures and Marvel Studios' Captain America: The First Avenger becomes the twenty-first 7.1 feature film to be announced, making Dolby Surround 7.1 one of the fastest cinema audio formats ever adopted in Dolby's history," said Robin Selden, Senior Vice President, Marketing, Dolby Laboratories. "We are thrilled that Hollywood, exhibitors, and content creators around the world have embraced Dolby Surround 7.1 to help enrich the moviegoing experience for consumers."

Thor, released on May 6, 2011, and Captain America: The First Avenger, scheduled for July 22, 2011, are being released in select Dolby Surround 7.1 theaters across North America with International regions to follow.


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CYPRESS, Calif. -- Christie®, a global leader in digital projection solutions, is the sole provider for all digital projection services at this year's Cannes International Film Festival, including the Official Selection and the Marché du Film. The company is an official Technical Partner of the Festival, which runs from May 11 - 22, 2011, for the fifth consecutive year.

As a Technical Partner, Christie will provide its DLP Digital Cinema® projectors for the screening of major digital titles throughout the entire Festival. Of the 23 screening rooms that will use digital projection equipment at this year's Festival, 13 will be equipped with Christie SolariaTM Series projectors. Compliant with all DCI (Digital Cinema Initiatives) specifications, the Christie Solaria range is scalable and ideally suited to 4K digital cinema. Moreover, the Christie Solaria's Brilliant3DTM technology also provides the brightest 3D projection available, with an output of 32,000 ANSI lumens. Since its introduction one year ago, the Christie Solaria Series has been central to the massive growth of digital cinema around the world and in France, where the projectors have garnered wide acclaim for Christie, specifically from independent operators.

Installed Base of Digital Equipment More than Doubles in One Year
There can be no doubt about the French cinema market's conversion to the digital format. With 2,357 digital screens in France today (*Source: CinéGo.net) against just 1,000 the previous year - an increase of 135 percent - and with the majority of these furnished by Christie, the firm has asserted its leadership position, playing a major role in the inevitable move to digital cinema.

More and more 3D
Squarely in the center of 3D technologies, Christie is also, now more than ever, leading the great success of 3D digital cinema, which continues to spread throughout France. Today, by way of example, there are 1,703* active 3D screens in French cinemas, versus just 750 at the end of April 2010.

"With each new year, we are honored to provide all digital projection services for the Cannes Film Festival. The trust that the Festival's organizers have placed in us is evidence of the reliability and performance of our digital cinema projectors," commented Richard Nye, Christie's Cinema Sales Director, EMEA.

Christie manufactures today's most widely used digital cinema projectors and continues to consolidate its leading position in the global market for active digital cinema projector installations. Thanks to the wide acclaim for its projectors at the largest international event in the film industry, Christie continues to dominate as the brand with the most advanced technology in digital 2D and 3D projection.


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Source: Variety.com

AMC/Regal's distribution arm Open Road has acquired domestic rights to Killer Elite, a new action thriller starring Jason Statham, Clive Owen and Robert De Niro.

The film will be released to 2,000 locations with a P/A budget of $25 million.



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