Wednesday, April 25, 2018

RealD Extends Deal With Cinemark Until 2022

Beverly Hills-based 3D movie projection technology provider RealD said today with theater exhibitor Cinemark Holdings, that the two have renewed Cinemark's 3D agreement with RealD through 2022. Financial details of the deal were not announced by the two firms, which jointly announced the extension today. The companies said that Cinemark will also be installing RealD 3D systems in all of its new-build theaters during the term. RealD says it currently hs nearly 30,000 installed screens, and another 3,000 contracted in 75 countries.