The major Hollywood studios have agreed on technical standards for creating and distributing movies digitally, according to WSJ, ands the deal will be announced tomorrow. The standards, which have taken more than three years to determine, represent a key strategy for both reducing piracy of movies and cutting the cost of distributing them. The Digital Cinema Initiatives, the consortium which is joint venture between Disney, Fox, MGM, Paramount, Sony Pictures Entertainment, Universal and Warner Bros, developed the standards.
But there’s still dispute on who’ll pay for it: Digital projectors will likely average around $75,000 per screen, industry analysts say. As distribution techniques for digital movies advance, theaters may also need a server capable of accepting satellite- or Internet-delivered movies.
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