Lionsgate, Walt Disney Among Studios Latching On To DCDC Distribution Platform - InvestingChannel

Lionsgate, Walt Disney Among Studios Latching On To DCDC Distribution Platform

The Digital Cinema Distribution Coalition, or DCDC, Thursday reached agreements with Lionsgate (LGF), Universal Pictures (CMCSA), The Walt Disney Co., Warner Bros. entertainment Inc. (TWX: Quote), and Paramount Pictures to provide each with theatrical digital delivery services across North America.

The agreement is part of efforts to deliver movies to theaters throught satellite and which has gained support of many Hollywood studios.

DCDC, formed by AMC Theatres, Regal Entertainment Group, Cinemark Theatres, Universal Pictures and Warner Bros., said it has created a network for next generation satellite and terrestrial digital distribution capable of supporting content distribution into theatres using the latest in digital distribution technologies.

The network is designed to provide a highly reliable and cost effective distribution model for distributors and exhibitors alike, as digital distribution replaces the use of traditional, physical media for content distribution.

DCDC said it expects to complete the initial network roll-out before year-end.

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by RTT Staff Writer

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