Company News

Sony Electronics Announces Digital Cinema Deployment Agreement With Walt Disney Studios International

Sony Electronics - 03/31/2009

ShoWest -- Sony Electronics' Digital Cinema Solutions and Services (DCSS) group has entered into a non-exclusive digital cinema deployment agreement with Walt Disney Studio Motion Pictures and Walt Disney Studios Motion Pictures International. The companies will work together to provide operational and financial resources to exhibitors that encourage them to feature Sony's 4K SXRD™ projection technology in both 2D and 3D digital cinema-enabled screens across North America and Europe.

Sony's digital cinema group has now signed digital cinema deployment agreements with four major studios: Walt Disney, Twentieth Century Fox, Paramount Pictures, and Sony Pictures Entertainment.

"Disney continues to be very excited about the possibilities of digital cinema, and has long supported new technologies that give moviegoers the best possible theatrical experience, and provide a wide range of benefits to our partners in exhibition," said Anthony Marcoly, president, sales and distribution, for Walt Disney Studios Motion Pictures International. "We're pleased to be working with Sony's Digital Cinema Solutions and Services group in deploying this advanced technology and finding new ways to help theater owners upgrade their equipment economically and efficiently. Sony's 4K projection system offers magnificent state-of-the-art technology, and gives theaters the flexibility for high-quality 2D playback as well as the increasingly important ability to display spectacular 3D productions."

He added that, "With 17 3D feature films in the Disney pipeline, ranging from great animated fare to fantastic live-action epics, we believe that 3D exhibition and digital cinema are vitally important to the future of moviegoing."

The Sony DCSS group was formed to provide turn-key solutions for exhibitors, enabling them to efficiently convert their operations to digital technology. In addition to digital projection system deployment, the DCSS group will offer installation and maintenance services, customized solutions, delivery of alternative content programming, and high-level service support.

"Walt Disney Studios is known for its innovative and pioneering work throughout the history of cinema," said Mike Fidler, senior vice president of Sony's DCSS group. "It's only natural that they are among the studios on the forefront of our industry's move toward 4K digital technology, and we are truly excited to be working with them."

Sony's 4K SXRD projection technology will also support the deployment of alternative content - including gaming, sporting events and music concerts - in order to develop more revenue-generating opportunities for exhibitors.

First Call Analyst:
FCMN Contact: Tom.DiNome@am.sony.com

SOURCE: Sony Electronics

CONTACT: Tom Di Nome of Sony Electronics Inc., +1-201-930-6357,
Tom.dinome@am.sony.com

Web Site: http://www.sony.com/news