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Friday, March 8, 2013

Five Major Studios Sign Theatrical Digital Distribution Deal

Lionsgate, Universal Pictures, The Walt Disney Company, Warner Bros. Entertainment Inc. and Paramount Pictures Sign on to DCDC Distribution Service Platform

BURBANK, Calif. & LOS ANGELES--(BUSINESS WIRE)--The Digital Cinema Distribution Coalition (DCDC) announced today that it has reached agreements with Lionsgate, Universal Pictures, The Walt Disney Company, Warner Bros. Entertainment Inc. and Paramount Pictures to provide each with theatrical digital delivery services across North America. DCDC, formed by AMC Theatres, Regal Entertainment Group, Cinemark Theatres, Universal Pictures and Warner Bros., has created a network for next generation satellite and terrestrial digital distribution capable of supporting feature, promotional, pre-show and live 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, users of the network will have access to a host of delivery options and resources.

Speaking on behalf of DCDC, Randolph Blotky stated, “DCDC’s service platform is the state of the art for digital delivery of various kinds of content to theatres in North America. Its business model will assure long-term consistent low cost pricing to content providers and exhibitors across the industry. We are very excited to welcome Warner Bros. Entertainment, Lionsgate, The Walt Disney Company, Universal Pictures and Paramount Pictures to our service.”

Darcy Antonellis, President, Technical Operations, and Chief Technology Officer, Warner Bros. Entertainment added, “The vision of creating a cross-industry distribution service to benefit distributors, exhibitors, service providers and consumers is becoming a reality. We're extremely pleased to be working with our colleagues to bring to fruition a powerful distribution network that is advantageous for us all.”

Nikki Rocco, President, Universal Pictures Distribution, added, “With the majority of the domestic theatrical market now digital, the ability to efficiently distribute films via satellite to a large subset of our exhibitor partners will further ensure moviegoers have access to the latest and highest quality theatrical entertainment. Universal is excited to work with DCDC in the satellite delivery of our films, as it rolls out its satellite platform over the coming months.”

“DCDC’s new satellite service provides a seamless and secure system that will enable us to streamline and expedite access to our latest content,” said Dave Hollis, Executive Vice President, Theatrical Exhibition Sales and Distribution, The Walt Disney Studios. “This is a crucial advancement in theatrical distribution, and we’re thrilled to be on board.”

“The wide-spread adoption of DCDC’s platform is a game-changer,” said Dan Fellman, President, Domestic Distribution, Warner Bros. Pictures. “The service ensures that audiences have the most high-quality entertainment experience while exhibitors and content providers achieve a strategic, secure and cost-effective new business model. We are very pleased to join DCDC and our partner studios in this initiative.”

“We are pleased that Lionsgate can again be at the forefront of digital cinema and be part of the state of the art digital delivery system that will benefit the entire industry,” said Richie Fay, Lionsgate’s President of Domestic Theatrical Distribution.

“All of us at Paramount believe the advancement of digital distribution technologies will help to further our goal to bring the finest entertainment to audiences in a seamless and secure manner, and the DCDC will be a great partner for us to achieve that goal,” said Megan Colligan, Paramount Pictures’ President of Domestic Marketing and Distribution.

“DCDC is creating a technological superhighway,” said Tim Warner, CEO and President, Cinemark Theatres. “It’s one port access to thousands of screens, for both movies and alternative content, from all content providers.”

DCDC is expected to complete the initial network roll-out before year-end. Deluxe/EchoStar LLC will be providing operations support for the DCDC network.


About Warner Bros. Entertainment:
Warner Bros. Entertainment is a global leader in all forms of entertainment and their related businesses across all current and emerging media and platforms. A Time Warner Company, the fully integrated, broad-based Studio is home to one of the most successful collections of brands in the world and stands at the forefront of every aspect of the entertainment industry from feature film, television and home entertainment production and worldwide distribution to Blu-ray and DVD, digital distribution, animation, comic books, video games, product and brand licensing and broadcasting.

About Universal Pictures:
Universal Pictures is a division of Universal Studios (www.universalstudios.com). Universal Studios is part of NBCUniversal. NBCUniversal is one of the world’s leading media and entertainment companies in the development, production and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group and world-renowned theme parks. Comcast Corporation owns a controlling 51% interest in NBCUniversal, with GE holding a 49% stake.

About The Walt Disney Company:
The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive. Disney is a Dow 30 company and had annual revenues of about $42.3 billion in its last fiscal year.

About Lionsgate:
Lionsgate is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. Its feature film business has been fueled by such recent successes as the blockbuster first installment of The Hunger Games franchise, the 13th highest-grossing domestic release of all time, The Twilight Saga: Breaking Dawn – Part 2, which has grossed more than $800 million at the worldwide box office, Warm Bodies, Texas Chainsaw 3D, The Expendables 2, The Possession, Sinister, The Cabin in the Woods and Arbitrage. With the January 2012 acquisition of Summit Entertainment, the Company has now added the blockbuster Twilight Saga franchise, which has grossed more than $3.3 billion at the worldwide box office, to its current slate, giving the Company the two premier young adult franchises in the world. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world.

About Paramount Pictures Corporation:
Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NASDAQ: VIA, VIAB), a leading content company with prominent and respected film, television and digital entertainment brands. Paramount controls a collection of some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films, and Nickelodeon Movies. PPC operations also include Paramount Famous Productions, Paramount Home Media Distribution, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group.

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