Cinedigm Digital Cinema Corp.(NASDAQ: CIDM), the global leader in digital cinema, today announced long-term agreements with the Canadian Cinema Buying Group members and APCCQ (Association des proprietaires des Cinemas Cine-Parcs du Quebec) for the digital conversion of 106 Cinedigm-Certified™ screens at 15 sites.
Cinedigm enables this through their structuring and implementing the underlying VPF agreements for this conversion to digital cinema, as well as providing the entire administration responsibility of the VPF program.
Cinedigm’s system will ensure the highest quality theatrical entertainment for the Canadian CBG customers, along with the ability for each of the theatres to provide consumers all-new digital entertainment options, including high quality live and alternative content programming.
Included in the deployment:
- Les Cinemas RGFM with 36 screens at six sites
- Cinema Beloeil with 10 screens at one site
- Cinema Saint-Hyacinthe with 9 screens at one site
- Les Cinemas Cine Enterprise with 42 screens at six sites
- Cinema Carrefour du Nord, with 9 screens at one site
“We are thrilled to continue our leadership role in pioneering digital cinema in Quebec,” said Raffaele Papalia, executive board member of APCCQ and president of Les Cinemas Cine Entreprise. “After extensive due diligence and research, we are extremely happy and confident in our decision, and the APCCQ will now recommend to our membership Cinedigm as the best integration partner. This will permit our exhibitors to remain at the cutting edge of technology and to guarantee our continued contribution to the Quebec film success story. Setting aside the established 3D entertainment experience, our audiences will benefit from flexibility offered by digital cinema, including engaging alternative programming such as 2-D and 3-D concerts, independent films and foreign films.”
"We are exceedingly proud that this outstanding group of visionary exhibitors in Quebec has selected Cinedigm to be their digital cinema partner," said Chuck Goldwater, President, Media Services Group. "With these new deals, Cinedigm has now signed agreements with close to 60 CBG NATO exhibitors and more than 1400 of their screens. And we are especially delighted to be extending our geographic reach as Cinedigm continues to grow our business beyond the continental United States."
Recent releases by Cinedigm include the ground-breaking, worldwide LIVE 3D broadcast of the FIFA World Cup Championship, the BCS Championship in LIVE 3D, the Dave Matthews Band 3D concerts, and the sold out 3D PHISH concerts. Cinedigm has also released the KIDTOONS series for the past six years, a weekly family friendly matinee series that runs in over 165 theatres across the country.
Since the beginning of digital conversions, Cinedigm has been the leader in digital cinema. In Phase 1, Cinedigm deployed 3724 screens at 348 sites for 18 exhibitors in the United States. In the current Phase 2, Cinedigm has signed contracts with 81 exhibitors to deploy 3,905 Screens. Such theatres are fully networked, turnkey systems – simple and cost-efficient to operate.
Cinedigm's Digital Cinema division is the industry-leading deployment program for Digital Cinema. It facilitates the funding, installation support and administration for the company's studio-supported Digital Cinema rollout plans. Cinedigm is also the digital cinema integrator of choice for the CBG, a buying program of the National Association of Theatre Owners (NATO) for small and independent theatre operators in United States and Canada.
