Dolby. Major changes took place in the company, with Ray Dolby stepping down as Chairman, and CEO Bill Jasper announcing his retirement. Paramount’s VPF offer. System integrators are not only unhappy, but the public nature of the offer is causing problems overseas. The jury is out as to whether Paramount’s
Archives for February 2009
3-D
With a full slate of 3-D releases coming out, the push is on to grow the 3-D theatre footprint. Small exhibitors, who have largely felt left out in the digital transition, have spotted the investment opportunity. With larger exhibitors largely sitting on the sidelines, 3-D allows small exhibitors to attract audience
Dolby
Major changes were announced at Dolby. Ray Dolby stepped down as Chairman, with investor Peter Gotcher stepping up to the role. CEO Bill Jasper, who began as company treasurer in 1979, announced his retirement, with CFO Kevin Yeaman, who joined in 2005, taking over as CEO. Both Ray and Bill will
Paramount
Is Paramount helping to put more 3-D screens in theatres? Some say not. The company’s direct virtual print fee (VFP) financing plan, where it offers to make such payments directly to exhibitors for a single 3-D screen, may have done more to hold up negotiations for digital screens than help. 3rd