GDC Technology, a world leading digital cinema solutions provider, announces today that its wholly owned subsidiary, GDC Digital Cinema Network has signed separate non-exclusive digital cinema deployment agreements with each of the six Hollywood studios — Walt Disney Studios Motion Pictures International, Twentieth Century Fox Film Corporation, Paramount Pictures Global, Sony Pictures Releasing International Corporation, Universal Pictures International and Warner Bros. Entertainment Inc. – to deploy DCI-compliant digital cinema equipment to cinemas in the Latin American region.
Collectively, the studio agreements cover several countries in Latin America, including Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, México, Nicaragua, Panamá, Perú, and, in most cases, Ecuador. Subject to the terms and conditions under each agreement, each studio will separately provide certain financial contributions to promote digital cinema when supplying films, if booked, in digital form to GDC’s exhibitors. GDC Technology has achieved DCI compliance for all of its digital cinema server models and, since 2008, over 300 exhibitors worldwide have trusted GDC Technology to manage this vital aspect of their conversion to digital.
