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published:
28-Mar-08
territories:
Canada, USA - South and Central America
categories:
New product/service, Technology deal
Imax scoops two large deals for new digital system
Imax has concluded two large deals for its forthcoming digital projection system, shortly after signing the largest deal in the company's history, namely 100 screens with AMC over a three year period starting 2008. In the US market, Regal Cinemas has secured an order for 31 digital Imax projection systems in 20 major cinema markets, bringing the total number of Imax theatres in Regal venues to 52 by end 2010. Under terms of the joint venture agreement, Imax and Regal will share both the cost and the revenues, but no further details of the split were available. The first theatres will be installed by November 2008, in time for the release of the next movie in the Harry Potter franchise.
In a separate deal, Imax has agreed for Giencourt Investments S.A, a member of the RACIMEC International Group, to purchase and install 35 digital projection systems across Central and South America over the next six years. The deal in Latin America is the second largest for Imax, following the 100 screen deal with AMC, and reflects the potential of cinema markets across the region. As part of the deal RACIMEC will provide an initial deposit with guarantees for future payment and opening dates of new theatres. In 2005, RACIMEC also signed a deal for three Imax systems in Chile and Venezuela.
Our take...
The recent deals are testament to the advantages of the forthcoming digital projection system, which Imax has since revealed will comprise two DLP Cinema projectors, instead of the two Sony 4K machines as previously stated. The digital system lowers initial capital costs for the equipment, as well as drastically lowering average print costs, in turn making it a far more attractive option for Studio releases. Last but not least, some high profile 3D releases are also expected to make it on to Imax screens including the specially prepared slate from Dreamworks Animation. Imax has around 300 commercial cinema screens worldwide, of which 60 per cent are housed in North America. The two recent deals with AMC and Regal will bring the total screen base to over 300 in North America alone.
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Analyst, market intelligence & notices
Reports
(2) 1-2 showing
Digital Cinema: Global and European roll-out, business ...
This comprehensive report includes a full analysis of the global digital cinema roll-out, including all Screen Digest's proprietary market data and forecasts for digital screens to 2012, business models and value chain, an analysis of the current situation and perspectives in Europe, the value proposition for distributors and exhibitors, including digital 3D and alternative content, and full profiles of leading companies and countries
published:
10-Dec-07
territories:
Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Czech Republic, Denmark, Egypt, Finland, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea. Rep [S], Mexico, Morocco, Netherlands, New Zealand, Norway, Poland, Portugal, Russian Federation, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, UAE, UK, USA
David Hancock
Charlotte Jones
The Business Case for Digital 3D Cinema Exhibition
This report is the first major analysis of this rapidly growing sector. It includes 5 year forecasts for digital 3D cinema screens by major territory, exhibitor business models as well as analysis of potential revenues and profit margins for the industry
published:
20-Jun-07
territories:
Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Korea. Rep [S], Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Russian Federation, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, UK, UAE, USA, Singapore, Thailand, Taiwan, Turkey
David Hancock
Charlotte Jones
Articles
Digital cinema poised on the cusp
It is on the verge of becoming mainstream in the US but development in Europe and Asia is lagging. At the end of 2007, there were 6,456 d-screens worldwide. A rise of 115 per cent over 2006 and 6.5 per cent of the world's modern screens. Of these 4,650 were in the USA.
published:
17-Jun-08
territories:
Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Korea. Rep [S], Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Russian Federation, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, UAE, UK, USA, Venezuela - Asia-Pacific, South and Central America, Central and Eastern Europe, Europe, European Union, North America, Regional Totals, Western Europe
David Hancock
Charlotte Jones
Local markets for indigenous films
Ten film markets recorded box office revenue of more than $100m for local films
published:
15-May-08
territories:
Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hong Kong, Hungary, Iceland, India, Italy, Japan, Korea. Rep [S], Latvia, Lithuania, Malaysia, Mexico, Netherlands, Norway, Poland, Portugal, Romania, Russian Federation, Singapore, Spain, Sweden, Switzerland, Turkey, UK - World
Charlotte Jones
Nascent digital 3D screen base
With a five-fold increase in the number of 3D digital screens opened during the past year, interest in Europe is now picking up pace
published:
26-Mar-08
territories:
Australia, Austria, Belgium, Brazil, Canada, Chile, Ecuador, France, Germany, Greece, Hong Kong, Hungary, Iceland, Ireland, Italy, Japan, Korea. Rep [S], Luxembourg, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Russian Federation, Singapore, Slovenia, South Africa, Spain, Switzerland, Taiwan, Thailand, Turkey, UK, USA - Asia-Pacific, South and Central America, Central and Eastern Europe, Europe, Africa and Middle East, North America, Western Europe
Charlotte Jones
Steady growth in large screens
A record number of large format cinema screen openings is expected in 2008, with 3D a key element
published:
22-Feb-08
territories:
Canada, China, France, India, Japan, Korea. Rep [S], Mexico, Spain, UK, USA - Asia-Pacific, South and Central America, Central and Eastern Europe, Africa and Middle East, North America, Western Europe
Charlotte Jones
Record global cinema box office
Continuing shift in balance of world cinema business
published:
22-Oct-07
territories:
Algeria, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Korea. Rep [S], Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Morocco, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russian Federation, Serbia & Montenegro, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, UAE, Ukraine, UK, Uruguay, USA, Venezuela, Bolivia - Asia-Pacific, South and Central America, Central and Eastern Europe, Europe, North America, Western Europe
Charlotte Jones
Rapid roll-out of digital 3D screens
Studio content is providing a solid foundation for expansion towards the 6,000 screens predicted by Screen Digest for 2009
published:
19-Jul-07
territories:
Germany, UK, USA - Europe, Latin America, North America, World
Charlotte Jones
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Western Europe
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