March 12th, 2008
Four major Hollywood studios have announced a deal to subsidise the conversion of 10,000 theaters to digital projection systems in order to whet cinema-goer’s appetite for 3-D films. The studios involved are 20th Century Fox, Walt Dinsney Corporation, Paramount and Universal.
The New York Times says: “The motion picture industry is racing to roll out digital projectors, not just because they avoid the costly printing and shipping of reels of film, but also because they’re needed to show the current generation of 3-D films, which have often been bonanzas at the box office. One, Hannah Montana & Miley Cyrus: Best of Both Worlds Concert, generated $31 million its opening weekend on only 683 screens, about one-fifth as many as the typical wide release.”
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Posted by Silmarillion in Movies, Sci-Tech & Video Games •
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