Financing secured to convert thousands more screens to digital 3D

posted by CSWalczak on February 8, 2010 at 6:33 am

LOS ANGELES, CA – Approximately 12,000 more cinema screens will be equipped to show digital 3D as the result of $700 million in financing being provided by the JP Morgan Chase bank to a consortium of theater chains. It will still take months to see substantial expansion due to the time required to manufacture and install the equipment nationwide. There is more in the LA Times: http://www.latimes.com/business/la-fi-ct-theaters6-2010feb06,0,3693035.story

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