Monday, August 29, 2011
RealD Inks Deal In China
Los Angeles-based RealD, the developer of 3D movie projection technology, announced this morning that it has inked a deal with Chinese theatre chain Beijing SAGA Luxury Cinema Management Co, Ltd.. RealD said that it will install its technology at all of SAGA's current theatre locations. Financial details of the deal were not announced. RealD said the win will result in the installation of its 3D technology in 100 auditoriums across China.