|
|
Article: Arts Alliance Media Secures 43 Million Euro Financing and Partnership With Arqiva for Conversion of European Cinemas to Digital, Satellite and 3D.
- Article from:
- PR Newswire
- Article date:
- December 11, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
LONDON, December 11 /PRNewswire/ -- Arts Alliance Media (AAM), Europe's leading provider of digital cinema technology, deployment and content today announced that it has signed agreements for 43 million euros of funding from pan-European services company Econocom and various private investors, together with a long term strategic partnership agreement with Arqiva Satellite & Media for the satellite distribution of films and alternative content live events into European cinemas.
Econocom Financial Services, will provide financing of 20 million euros for the purchase of equipment to complete the Circuit George Raymond's (CGR CinEaA[umlaut]mas) digital cinema ...