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September 16, 2005
Disney says it will help finance digital cinema
Walt Disney Co. on Thursday agreed to be the first movie studio to help finance the digital distribution of its movies, jump-starting a decadelong effort to usher the nation's theaters into the electronic age and phase out the treasured but expensive tradition of film. The agreement -- between Disney's Buena Vista Pictures Distribution, camera maker Christie Digital Systems and software company Access Integrated Technologies Inc. -- calls for 150 digital movie screens to be up by the end of the year and up to 4,000 by the end of 2007.
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Posted By: Figment! @ 8:26 PM | 
