Find Companies:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Digital Cinema Technology May. 23, 2017
Register & Log in
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1932 Baird.

Skip Navigation LinksStart/Menu > Find Press Releases > Refresh this page
Rancho Cordova, Calif., USA—Apr 19, 2012

Barco Expands Partnership with Cinedigm, Providing Immediate Access to $125M Digital Cinema Financing Program in North America

Barco, the global digital cinema technology leader, has signed a new supply agreement with Cinedigm to secure additional funding for exhibitors wishing to finance their digital cinema conversion. This turnkey solution from Barco and Cinedigm is available immediately and will continue through late 2012.

Together, Barco and Cinedigm have supported the fully financed deployment of digital cinema solutions for more than 2,000 screens, totaling nearly $75 million in financing during the past two years. With this additional funding, this program is immediately available to assist exhibitors – especially many smaller theaters – with their digital cinema conversion. 

“Time and a track record of happy customers have proven that we offer the best, most exhibitor-friendly VPF program in the industry,” commented Gary Loffredo, President of Digital Cinema and General Counsel of Cinedigm. “Barco has always been an outstanding partner, quickly and efficiently installing their high-quality digital cinema systems in thousands of screens over the past few years and we look forward to converting many more exhibitors together in the future.” 

While all of the major theater chains and many independently-owned cinemas have converted their auditoriums to digital cinema, others have remained film-based primarily because of the high expense associated with conversion. But as fewer and fewer studios make film prints of their movies in the future, these exhibitors may find themselves in a precarious position if they want to continue in business and take advantage of the opportunity that digital cinema offers. 

“We understand the challenges that theater owners face when contemplating the move to digital cinema, with cost being the number one limiting factor,” commented Patrick Lee, VP Barco Digital Cinema. “We want to remove these obstacles and offer exhibitors a solution that provides a secure investment and helps them grow their business. With this expanded financing and Cinedigm's VPF program, our customers receive a turnkey solution with the best and brightest projectors, with the proven lowest cost of ownership in the industry.”

Barco Contacts:

Stephanie Vlegels

Stephanie Vlegels
Press & PR contact EMEA
Barco NV
Telephone +32 56 36 81 66
stephanie.vlegels@barco.com


Alison Maxson Press & PR Specialist, NA

Alison Maxson
Press & PR contact Americas
Barco NV
Telephone +1 678 542 3999
alison.maxson@barco.com


Nancy Xiao

Nancy Xiao
Corporate Marketing Manager GRC
Barco NV
Telephone +86 10 8012 0885
nancy.xiao@barco.com

Logo: Barco Digital Cinema About Barco Digital Cinema: Barco, a global technology company, designs and develops networked visualization products for the Entertainment, Enterprise and Healthcare markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and APAC. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with 3,300 employees worldwide. Barco posted sales of 1.029 billion euro in 2015. 

Barco is one of three licencees of Texas Instruments DLP Cinema™ technology. TI developed DLP Cinema™ technology working in close cooperation with Barco and others in the movie industry, to develop Cinema Projector and support systems based on DMD™ technology, to meet the requirement of studios, film distributors and exhibitors alike.
Barco Digital Cinema Directory page Barco Digital Cinema Web Site
Similar Press Releases Search for press releases
Learn More About:
Countries: United States More

Share this page:
More Barco Press Releases: Apr 20, 2017 Futureworks (India) Joins the Revolution By Trusting in Barco 4K Cinema Apr 11, 2017 Barco Helps Awaken the Force at Star Wars Celebration Orlando 2017 as the Official Laser Projection Provider Mar 30, 2017 Barco to Install its Flagship Laser Fleet Across All Reel Cinemas Screens in Dubai Mar 30, 2017 CMX Opens First All-Laser Illuminated Theater on the US East Coast with Barco Smart Laser Cinema Projectors Mar 29, 2017 The Recall, Starring Wesley Snipes, Set to Premiere on June 2nd in Barco Escape Theaters Across North America Mar 28, 2017 Lotte Cinema (South Korea) Illuminates the World’s Biggest Screen with Flagship Laser Projection By Barco Mar 28, 2017 Central Cinema Brings Smart Laser Cinema Experience to Japanese Audiences Mar 27, 2017 Barco Leads Global Movement to All-Laser Projection for Cinema, Driving Industry’s Adoption of the Technology as the New Standard in Movie Exhibition Mar 24, 2017 Barco Launches Smartcare 10-Year Light Output Guarantee to Offer Exhibitors Peace of Mind Mar 14, 2017 Barco Demonstrates Innovative Cinema Concepts at CinemaCon, Elevating Premium Movie Experiences and Operational Efficiency Across the Theater Jan 30, 2017 Vision Media Management and Barco Entering A Strategic Alliance Agreement to Deliver Turnkey Digital Lobby Media Experiences Jan 20, 2017 Barco Is Honored with the Appointment of its Senior VP Entertainment Wim Buyens as Chairman of the Advanced Imaging Society Dec 7, 2016 Barco Showcases Future Cinema Technology at CineAsia 2016 Dec 7, 2016 Barco Laser Stars in Yeosu’s ‘All-Laser Multiplex’, A First in Korea Dec 6, 2016 Barco Spurs Conversion to Laser Cinema Projection with the Launch of 7 New Laser Cinema Projectors Dec 2, 2016 Barco Lobby Experience at Regal L.A. LIVE wins the ‘Best Leisure Install’ DailyDOOH Award Dec 2, 2016 MBO and Barco Close Exclusive Partnership for New All-Laser Landmark Cinema in Kuala Lumpur Dec 1, 2016 Royalty visits Austin: HRH Princess Astrid of Belgium bestows Honor of Distinction upon Cinemark Founder Lee Roy Mitchell Nov 15, 2016 AEG, Regal and Barco Complete the First All-Laser Multiplex on the U.S. West Coast Oct 20, 2016 Cinesystem Cinemas in Brazil Becomes First “All-Laser” Theater in Latin America, Powered By Barco More
©Copyright 2003 - 2017 WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
banner