Article: Arts Alliance Media finds funds for digital roll-out.(BUSINESSS)

[Cinema][E-cinema] UK digital distribution company Arts Alliance Media (AAM) has raised significant financing to complete its current digital cinema roll-out programme, and signed a strategic partnership with satellite company Arqiva. AAM has raised 43m [euro] in total, of which 20m [euro] has come from Econocom and the remainder from private investors. Part of the investment is equity, with AAM ceding a minority holding in company. The Econocom finance will be used to purchase the equipment needed to finish the Circuit Georges Raymond (CGR) in France. This 400-screen circuit has 126 installed d-screens working on the VPF model and this injection should enable the job to ...

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