• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

mkpeReport

top analysis covering digital cinema, 3-D, HFR, and laser illumination

  • Reports
  • About
  • mkpe.com
  • cinepedia.com

DCIP Update

January 2010 by Michael Karagosian

Word on the street is that DCIP has its money. DCIP is the joint venture of AMC, Cinemark, and Regal for the rollout of digital cinema in their theatres. It is very good news that they’ve completed syndication of their bond for the financing of digital cinema equipment. Now they are said to be burdened with cleaning up their exhibitor agreements and getting approval for these from each of the studios. It’s not clear why this activity wasn’t taken care of earlier. But even the completion of this task may not be enough to trigger their rollout.

Besides providing the core financing for VPF-reimbursed equipment purchases, DCIP is also the manager of the three circuit’s equipment locations so that the correct security keys will be delivered to each site, and the collector of business information needed to invoice VPFs. It is said that on this front that DCIP has failed badly. After reportedly burning through $3M for the development of its back-office software, it has little to show for its efforts. The situation has deteriorated to the point where the exhibitor-owners have refused to put more money into DCIP’s technology development. It would seem that CEO Travis Reid, who is accustomed to working with capable senior managers, not only underestimated the lack of skills in his junior technology manager, Tom Schmidt, but failed to take action when the warning signs lit up. It would not be surprising if each of the exhibitors abandoned DCIP for back-office management services and went off on their own, handing DCIP the invoices it can’t generate for itself.

All of this buys Sony precious additional time to meet its technology development obligations to AMC and Regal. Not to mention buying time for Doremi to meet its obligations to Cinemark in the development of a TMS. Three years after the formation of DCIP, the world is still waiting to see it deliver.

Filed Under: Deployment Entities, Exhibitors Tagged With: AMC, Cinemark, DCIP, Doremi, Regal

Primary Sidebar

Search

Topics

  • 3-D
  • Accessibility
  • Alt Content & Advertising
  • Anti-Piracy
  • Color
  • Communications
  • Deployment Entities
  • Distributors
  • Exhibitors
  • Fulfillment
  • High Dynamic Range
  • Higher Frame Rates
  • Installations
  • Patents
  • Projectors
  • Servers and IMBs
  • Sound
  • Technical Bodies
  • Theatre Management Systems
  • Trade Organizations and Shows

Full Archives

a publication of
MKPE Consulting LLC

Footer

Important Stuff

  • About
  • Privacy Policy

Archives

  • Category & Monthly Archives
Archives date back to 2008.

MKPE

mkpeReport is a publication of MKPE, a world-class consultancy building business at the crossroads of cinema and technology.
Learn more about MKPE.

copyright © 2008 - 2023 mkpe consulting llc

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of all cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Powered by CookieYes Logo