October
24
Until things are "reasonably normal," digital cinema will have to wait
The (ailing? flailing? need a new word for "miserable, migrane-inducing mess") economy will likely delay plans for an industry-wide $1 billion digital upgrade by Digital Cinema Implementation Partners. In a third-quarter earnings call, Regal Entertainment Group CEO Mike Campbell said, "We believe, and JP Morgan believes, that it will get financed once the market returns to something that is reasonably normal. We're going to continue to put together the pieces behind the scenes to be in a position to react." [Knoxville News-Sentinel, via CinemaTech]



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