Major Hollywood Studios behind major 3D digital rollout
According to a recent AP News article, five major Hollywood studios (Disney, Paramount, 20th Century Fox, LionsGate and Universal) are helping theaters with a $1Billion-plus rollout of converting many movie screens to show Digital 3D.
The article points out that the average cost of an install will be $70,000 and that they face financing obstacles in the fourth quarter, due to the now growing financing crisis that is hitting financial institutions.
Independent theaters are urging the group to not forget them and are requesting assistance with their screens.
The original article can be found by followingthis link.