Magazine article Screen International

Technicolor Ups US Digital Distribution Footprint, Announces Q2 Revenue of [Euro]747m

Magazine article Screen International

Technicolor Ups US Digital Distribution Footprint, Announces Q2 Revenue of [Euro]747m

Article excerpt

Technicolor acquires Cinedigm's distribution assets, increasing satellite network to 1,100 locations in US and Canada.

Technicolor has acquired Cinedigm Digital Cinema Corp.'s physical and electronic theatrical distribution assets, in a deal which is estimated to increase the company's digital distribution footprint by 40%.

The deal expands Technicolor's satellite network to over 1,100 locations in North America.

Under the terms of the agreement Technicolor will acquire Cinedigm's distribution assets, including replication equipment and hard drive inventory as well as a minimum of 300 incremental satellite roof rights with Cinedigm's current and future exhibitor customers in the US and Canada.

Technicolor will also become Cinedigm's preferred content servicing partner for post production through distribution services. …

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