10,000 Screens to be converted to show 3-D movies
There are arrangements to convert 10,000 more screens to 3-D.
Access Integrated Technologies Inc. said it had reached agreements with four studios — Disney, News Corp.’s 20th Century Fox, Viacom Inc.’s Paramount, and Universal Pictures, which is owned by General Electric Co.’s NBC Universal — to finance and equip the screens in the U.S. and Canada during the next three years.
The conversion will cost as much as $700 million, said Bud Mayo, chief executive of Access Integrated Technologies, which completed a first tranche of 3,700 digital conversions in October
For the full story, go to The Star.
(Thanks to zombophoto for providing the picture.)