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Burbank, Calif.—Dec 6, 2012
World’s Largest Cinema Chain Purchases an Additional 350 Doremi Digital Cinema Servers
The Extension of the Exclusive Deal with Wanda Cinema Line includes Doremi 2K & 4K IMB/ShowVault servers throughout China
Doremi announced today the exclusive
sale of 350 digital cinema servers to China’s Wanda Cinema Line — the world’s largest cinema operator. Wanda Cinema Line has 100 premium cinemas with
plans to have more than 1,000 screens across China by the end of 2012. They
will add another 35 cinemas with 350 screens in China by the end of 2013. The
acquisition of Doremi’s Integrated Media Block (IMB) with ShowVault digital
cinema servers will supplement their continued rapid expansion across Asia.
“Our rapid expansion and recent acquisition calls
for reliable products and flexible features. Both of which have been proven by
Doremi during our initial deployment of their servers and IMBs in 2011” stated Ye Ning, General Manager of
Wanda Cinema Line, “They offer complete solutions and a future proof
product line, which is essential for our progression.”
“China’s cinema industry is rapidly growing and we
are thrilled to supply Doremi’s unparalleled server technology and products to Wanda
Cinema Line,” said Michael Archer, Vice President of Doremi Cinema. “Wanda, who
is committed to the latest technology and patron satisfaction, represents the
next generation of exhibition in Asia and across the world. We are happy to
assist their growth with our technology.”
In May 2012, Wanda Group acquired
the U.S.-based AMC Theaters. Following the merger it is now the
world’s largest cinema operator. Wanda Cinema Line is a subsidiary of Wanda
Group, it is the No.1 cinema chain in
China.
About Doremi:
For over 25 years, Doremi has been providing award winning hardware solutions for broadcast, presentation and special venue
markets. Doremi’s innovative engineering group developed and introduced the first digital cinema server capable of playing JPEG2000, US patented 4K technology and first server to pass the DCI CTP. Doremi continues to build on that success by anticipating the needs of their customers and defining solutions to solve the new challenges faced by the cinema industry as it continues to make the transition to all digital exhibition. Doremi’s
family of digital cinema servers and mastering stations set the standard for quality and reliability and are installed in theaters and post-production facilities around the world. Doremi’s install base of digital cinema playback servers exceeds 50,000 units globally and remains the most installed server in digital cinema history to date.
Doremi Directory page
Doremi Web Site
About Wanda Cinema Group:
Wanda Group was founded in 1988 and
operates in five major industries, including commercial properties, luxury
hotels, tourism investment, cultural Industry, and department store chain. The
company has assets of 250 billion yuan ($40 billion) and an annual income of
140 billion yuan ($22.2 billion), and pays 20 billion yuan ($3.2 billion) in
taxes. The company now operates 55 Wanda Plazas, 34 five-star hotels, 814
cinema screens, 46 department stores and 51 karaoke outlets across the country.
By 2015, the company aims to increase its assets to 300 billion yuan ($44.8
billion) and income to 200 billion yuan ($31.7 billion), and pay 30 billion
yuan ($4.8 billion) in taxes, becoming a world-class enterprise.
Wanda Cinema Group Directory page
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