DCDC is excited to announce it
will once again pay rebates to all customers based on their continued use and
support of the Network. DCDC first provided rebates in March 2020 after paying
back its founding investors (AMC Theatres, Cinemark Theatres, Regal
Entertainment Group, Universal Pictures and Warner Bros.) their initial
investments in full.
Howard Kiedaisch, CEO of DCDC,
said, “We’re very excited to be able to continue to fulfill the promise made at
DCDC’s inception to pay out any surplus cash as rebates to all users of the
network – one of the benefits of being an industry coalition. As the release
schedule is still gaining its stride post pandemic, it’s great that we can help
with some cash contribution despite the fact that the industry was not yet back
to full strength this past year.”
DCDC is responsible for
revolutionizing the delivery of movies to theaters across the country, moving
the industry standard away from physical hard drive to encrypted digital files
delivered via satellite. The DCDC Network has successfully delivered thousands
of feature films, events, trailers, and special content to theaters across the
country.
The pioneering North American
theatrical content distribution company which launched on October 1, 2013, continues
to grow with over 3,140 sites and more than 33,590 screens in the network
across the U.S. DCDC recently announced that the live theatrical footprint had surpassed
800 sites and anticipate reaching 1,000 live enabled sites by the end of 2022.
