The Board of Directors of Digital Cinema Implementation
Partners, LLC (DCIP) announced today that Richard Manzione, the company’s Chief Operating
Officer (COO), has been named President and Chief Executive Officer (CEO) effective March 1,
2011.
After completing an extensive four-month recruitment and interview process, the Board cited
Manzione’s proven track record of leadership in the organization, extensive industry experience and
his commitment to DCIP’s exhibitors, studio partners and employees in making its decision. DCIP
was formed in February 2007 by AMC Entertainment Inc., Cinemark Holdings, Inc. and Regal
Entertainment Group, the three largest theatrical exhibitors in the United States, to facilitate the
deployment of digital cinema projectors to movie theatres in the United States and Canada.
As COO of DCIP, Manzione has been managing the business, supported by DCIP’s management
team, since the departure of the company’s former CEO in October 2010. Manzione has been with
DCIP since its inception and was instrumental in the company’s formation and launch. He has
managed all aspects of DCIP’s operations, including infrastructure and systems development, finance
and accounting, digital equipment deployment and administrative and technology services. Manzione
is an exhibition industry veteran with over 25 years of experience, most recently for Loews Cineplex
Entertainment prior to its merger with AMC Entertainment, serving in the roles of Senior Vice
President of Strategic Development and Vice President of Operations.
“I am honored to have the opportunity to continue leading DCIP," said Manzione. "We have just
completed our first full year of operations and have deployed over 6,700 digital systems across North
America. Digital projection provides movie-goers with improved presentation and also enables
newer technologies such as 3-D and alternative entertainment options to thrive. Our priority will be to
maintain our seamless digital rollout while continuing to be a strong and committed partner to the
exhibitors and studios as they leverage the growing digital infrastructure.”
“We identified all of the qualifications required for the next leader of DCIP,” said Gerry Lopez, CEO
and President of AMC Entertainment Inc. “We’re happy to say that Rich exceeds these qualifications
and we are confident he brings the right mix of proven leadership, industry experience and acumen to
the role. He also brought the advantage of a seamless transition to the position.”
“Rich has done an outstanding job of operating DCIP and served as a great leader during this
transition period,” said DCIP Board member Alan Stock, CEO of Cinemark Holdings, Inc. “Having
worked with him since the formation of DCIP, I believe he is clearly the right person to lead our
company forward. Digital cinema will continue to provide an enhanced entertainment experience for
our guests, and we are pleased to have a leader like Rich help us achieve our vision.”
“Rich is the ideal leader to guide DCIP at a critical juncture in our history,” said DCIP Board member
Amy Miles, CEO of Regal Entertainment Group. “He has already helped place DCIP in a very strong
position as the world leader in digital deployment, which will continue to enrich our customers’
movie-going experience and greatly enhance our business and our industry.”
DCIP has deployed more than 6,700 digital projection systems in more than 1,000 theatres since
March 2010 and is tracking well ahead of its planned deployment schedule to digitize nearly 15,000
screens in the United States and Canada over the next several years.
