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Wanda Cinema Line and RealD sign biggest 3D installation agreement in history

05.08.2016
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\Global 3D and visual technology company, RealD Inc and Wanda Cinema Line Co., Ltd. announced on August 1 that the two parties have entered into the biggest cinema 3D installation agreement in history. As the working relationship between the two parties continues to grow, Wanda has committed to equipping a total of 5,600 theaters in China with RrealD's most advanced projection technology

In the agreement, the two parties agreed to install no less than 4,000 RealD 3D projection systems in Wanda's cinemas over the next four years. The partnership between RealD and Wanda began in 2010. Prior to the new agreement, Wanda had already installed RealD 3D technology in some 1,600 theaters around China.

This agreement will greatly expand the development of 3D technology in China and will further consolidate China's position as the world's most important 3D market. RealD is the leading 3D technology supplier in the world and has a dominant position in the market. It has currently equipped more than 28,000 screens with its 3D system worldwide. After the signing of the agreement, RealD technology will cover 72 countries and more than 32,000 screens globally.

Wanda Cinema Line Executive President Liu Xiaobin said, "China's movie audience enjoys watching more 3D film content. Therefore, Wanda has selected the best system and technology in the industry as our partner to provide our audience with the best 3D films. All Wanda cinemas equipped with RealD technology are an important part of the company's development strategy. We are delighted to be able to continue to work with RealD and to enter into such a historic agreement. We believe that RealD's advanced technology and Wanda's commitment to continue to build outstanding cinemas will allow us to continue to create the best viewing experience for movie audience."

"China has steadily become the world's most significant 3D market and the scale of this installation agreement signals an unprecedented commitment to the growth of 3D in this critically important entertainment region," said RealD CEO and Founder Michael V Lewis. "We are enormously proud of our partnership with Wanda Cinema Line. As one of the pre-eminent global exhibitors, Wanda is known for investing in premium quality brands and equipment, and we cannot be prouder of their support and commitment to RealD as they expand and enhance their chain throughout China."

"Wanda has always been the most forward-thinking market leader in China and is known as an innovator in the global exhibition business. Wanda's tremendous expansion and success mirror the rapid growth of the Chinese cinema business as well as the movie business in China as a whole. It's been our privilege to partner with Wanda and grow together, and we are thrilled and honored to be selected as their 3D provider as they enter this exciting new phase of growth. RealD provides the best state-of-the-art technology as well as quality-control services to ensure a premium cinema experience to the widest Chinese audience," said Anthony Marcoly, President of Worldwide Cinema for RealD.

In addition to expanding RealD technology installation bases in Wanda cinemas, RealD and Wanda are also committed to raising the projection quality of Wanda's cinemas. In 2014, RealD introduced a quality assurance and management program - the RealD 6FL Certification. Wanda Cinema Line is the first cinema chain in Asia to commit to participating in this quality assurance program.

RealD 6FL Certification means that certified cinemas are committed to showing 3D films in 6-foot Lamberts brightness, and are subject to regular quality checks to ensure the brightness and quality of 3D film projections.

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