Parent company of Technicolor Digital to install more digital systems at theaters worldwide
Thomson has agreed to install digital projectors in a number of major theater chains around the world. This includes Clearview Cinemas here in NJ, although this story is not as big as the IMAX/AMC deal.
Thomson intends to complete the first phase rollout of digital projection systems in up to 5,000 screens over the next three to four years, with 15,000 screens in the United States and Canada over the next 10 years.
All hardware and software placed in each site will conform to industry-standard specifications published by Digital Cinema Initiatives LLC (DCI). Furthermore, the Technicolor Digital Cinema plan is technology agnostic, enabling both exhibitors and studios to benefit from the best available technology, including both 2K and 4K projection.
Read the full story in Business Wire.