xagawu.wordpress.com
Kansas City-based AMC Entertainment, and (NYSE: RGC) each has an equa ownership interest in the new AMCsaid Tuesday. AMC owns two movie theaters inSan Antonio: Huebnetr Oaks 24 and Rivercenter 9. Cinemark operatexs Movies 16, a $1.50 theater in Northwest San Antonio. Digital Cinema Implementation is basedd inBergen County, N.J. Travis Reid, formedr CEO of , is the new company's chairmaj and CEO. Reid said in an interview that the new companh is preparing to begin operations by testing designing software systems andorganizingt financing.
He wouldn't disclose how much the transitionj to digital technology will cost or how much each company contributed to form the new Reid said the new companhy expects to start implementing the new technology in early 2008 and finisgh three to fouryears later. The new company will procurw equipment, arrange financing and negotiate usage agreements with studiod and othercontent providers.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment