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Theaters, studios near deal for digital projection

September 30th, 2008

LOS ANGELES (Hollywood Reporter) - A consortium of the nation’s top movie-theater chains will announce within two weeks a $1 billion-plus financing agreement with four major studios to equip more than 15,000 screens nationwide with digital-projection systems during the next three years.
Universal, Paramount, Disney and Fox — with financing backing from JPMorgan Securities — are [...]

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