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Microspace Achieves Significant
Digital Cinema Milestones in 2007 and Expects Continued
Growth in 2008
11 Blockbusters, 1,000 screens, U.S., Canada and Mexico
distribution
Raleigh, NC, Jan.
14, 2007 – Microspace
Communications Corporation (Microspace), the leading distributor
of digital cinema via satellite, saw an exciting year of
firsts and milestones in 2007. The company successfully delivered
11 feature films from five studios and grew its network to
1,000 screens with over a dozen participating theater circuits
within the United States, Canada, and Mexico.
The company’s success was in large part due to
the industry’s move to digital movie distribution
via
satellite
as an effective way to deliver films to theaters securely
and reliably with the enhanced picture
and
sound
that only digital can provide.
Microspace is the clear choice for studios
and
exhibitors thanks in part to their platform. Microspace’s
digital
cinema system is the only true open platform in the industry,
allowing
delivery
and playback for any industry-compliant digital
cinema
system.
In 2007, the industry also began to
embrace
satellite delivered alternative content to exhibitors.
Microspace
delivered
live
sports to theatres. Microspace is convinced the delivery
of sports, concerts, and other “live” events
is
becoming
a more viable and attractive way for studios and
theaters
to generate additional revenue and reach new and different
audiences.
During 2007, Microspace delivered some of
the largest
grossing, blockbuster films to theaters, including:
Feature
Films
|
Transformers |
The
Heartbreak Kid |
Disturbia |
Beowulf
(both 2D and 3D) |
The
Bee Movie |
The
Game Plan |
3:10
to Yuma |
Lions
for Lambs |
National
Treasure: Book of Secrets |
Sweeney
Todd: The Demon Barber
of Fleet Street |
Halloween |
The Microspace network is currently installed at 1,000
screens in 38 states with exhibitor commitments in place
to expand the network to over 220 theatre locations connecting
more than 2,200 screens by the middle of 2008.
“2007 has been an extremely exciting year for Microspace,” said
Curt Tilly, manager of digital cinema distribution at
Microspace. “Our expansion into new markets in Mexico
and
Canada,
the constant addition of theaters and screens to our network,
and our impressive list of delivered movies
is
evidence
that digital distribution of movies via satellite is
the
future of Hollywood.”
In 2007, Microspace also accomplished the
following
impressive
list of firsts and milestones:
· Delivered first 3D movie via satellite
to multiple
circuits in multiple states (Beowulf)
· Delivered
first
movie via satellite to Showest (Disturbia)
· Delivered
first
movie via satellite to the LA Film Festival (Transformers)
· Delivered
the
first 4K movie via satellite (the Da Vinci Code)
· Delivered
the
first super-HD college football game to multiple theatre locations
(West
Virginia
vs. Louisville)
· Expanded
their
executive team with the addition of industry veteran Michael Murphy
With digital cinema on the rise, the industry expects
there to be an additional 20,000 digital-cinema screen
installations in the U.S. and Canada by the end of 2010.
Digital screens will soon outnumber traditional screens.
Microspace expects continued growth as the steady migration
towards digital distribution becomes fundamentally important
for both the studios and exhibitors in 2008, and beyond.
About Microspace
Microspace
Communications
Corporation
(Microspace), a subsidiary of Capitol Broadcasting Company,
is the leader in satellite
services
for
digital cinema, business communications and digital signage.
The company operates the largest
global
business
satellite broadcasting network with nearly 340,000 remote
links worldwide. With a 20-year
heritage,
Microspace's
VELOCITY® satellite services
power
networks
for Morgan Stanley, Abercrombie and Fitch, John Deere
and many, many more. Microspace uses the
Intelsat
network
for delivering services to the digital cinema industry.
The VELOCITY service is available as either a dedicated
solution or as an on-demand service, enabling customers
to easily and affordably expand bandwidth as their needs
change. Microspace is headquartered in the U.S. and has
a presence in Europe and Latin America. For more information,
visit www.microspace.com.
About Capitol Broadcasting
Capitol
Broadcasting Company, Inc. is a diversified communications
company which owns and/or operates WRAL-TV, WRAL Digital,
WRAL-FM, WRAL-HD2, 99.9 The Fan, Microspace, the North
Carolina News Network, CBC New Media Group and Wolfpack
Sports Marketing in Raleigh, NC, WJZY-TV and WMYT-TV
in Charlotte, NC; WILM-TV in Wilmington, NC; WRAZ-TV
and The Durham Bulls in Durham, NC; and real estate
interests including the American Tobacco Project and
Diamond View office building in Durham, NC.
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