GREEN LIGHT TO DIGITAL CINEMA JV.
The European Commission granted clearance, on 22 September, to the creation of a joint venture in the digital cinema sector between US companies AMC Entertainment Inc, Cinemark USA Inc, Regal Entertainment Group, Universal City Studios LLC and Warner Bros. AMC, Cinemark and Regal are active in motion picture exhibition in the US. Universal and Warner Bros and their parent companies Comcast and Time Warner are active in media and entertainment in television networks, filmed entertainment and publishing. The newly created joint venture, which will operate under the name Digital Cinema Distribution Coalition LLC, will be active in the digital distribution of motion pictures.
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|Date:||Sep 23, 2011|
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