Landmark’s Theaters to Get Digital Projectors
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Sony Electronics Inc. and Landmark Theatre Corp. announced a deal to equip all of the art house chain’s 59 theaters with high-definition digital projectors.
Landmark, which operates art house cinemas in 22 markets, is a subsidiary of 2929 Entertainment, owned by Dallas billionaire Mark Cuban and partner Todd Wagner.
Terms weren’t announced.
Conversion of the nation’s cinemas to digital projection, which could save the studios millions of dollars each year on the cost of film prints that are physically delivered to theaters, has been stalled by disagreements over who is going to pay for it and concerns about piracy.
Sony Electronics is a U.S. unit of Tokyo-based Sony Corp.
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