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Digital Cinematography
Jeffrey Katzenberg Urges Action
By Staff
May 2, 2008, 02:10
After a year of wooing the industry and the press with positive words and big predictions, Jeffrey Katzenberg let out his frustration with the slow pace of the digital cinema rollout for the first time during DreamWorks Animation's earnings call Tuesday.
"In the last 30 days, things have not progressed as well as I had hoped, expected and, quite frankly, been committed to, by all the parties involved," Katzenberg said in response to an analyst's question. "It's ongoing as we speak literally now, but in terms of getting the big three (exhibitors: Regal, Cinemark and AMC) on board and actively moving forward, I feel as though things have dragged along, and it's been pretty disappointing."
Tensions are simmering on both sides of the issue, as the major studios and the top three circuits try to hammer out the size of the "virtual print fee" that studios will pay to distribute their pics digitally, which would be used to defray the costs of digital projector installations.
Click www.variety.com for the whole story.
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