Good News! Mark me down for .78 cents. https://www.sys-con.com/node/2517509
Cheers,
Donkey
OTTAWA, ONTARIO -- (Marketwire) -- 01/17/13 -- International Datacasting Corporation (TSX:IDC), a global leader in digital content distribution for the world's premiere broadcasters, today announces a contract with a leading European digital cinema distributor, valued in excess of USD $650,000 for the expansion of their network.
The contract includes IDC's SuperFlex Pro Video receivers and Datacast XD head end solutions, which will enable the satellite distribution of digital movie content and alternative live event content to cinemas across Europe in both 2D and 3D formats. It is estimated that over 50% of European cinema screens are now capable of digital projection. Forecasts indicate that by 2015, the market will be nearly 100% digital.
IDC's technology not only enhances the reliability of movie content distribution via satellite, but also improves the distribution of live alternative content, including 3D live events, to cinemas. This allows an enhanced audience experience, increasing consumer demand for watching cultural and sporting events in cinemas. Theatre owners are able to maximize revenue streams, while minimizing content distribution costs. Cinemas can now enhance their alternative content choice, thereby expanding their audience reach.
"We are proud to work with this premiere European team in the expansion of their digital cinema network," stated Del Lippert, IDC's Interim CEO and Chairman. "IDC's SuperFlex Pro Video solutions offer the most reliable and advanced distribution of large Digital Cinema Packet files in both 2D and 3D, providing optimal efficiencies and revenue generating opportunities for European digital cinema operators."