Tuesday, October 30, 2012
RealD Gets Chinese Win
Los Angeles-based 3D movie projection technology provider RealD said Monday that it has signed a deal with Chinese theater group Womei Theater Chain. RealD said it will install its technology on 100 screens across China. Financial impact of the deal was not announced. RealD said it has already started installing screens for Womei, and that installs are expected to continue over two years. RealD said that it currently is installed on approximately 850 cinema screens in CHina ,and has future commitments to install an additional 1,200 more in that country.