You will be redirected back to your article in seconds

Open Road on Cinedigm trail

Exhib licenses TDS technology

Cinedigm Digital Cinema Corp. has licensed its Theatrical Distribution System (TDS) — programming software that aptly uses the company’s digital network — to startup distrib Open Road Films.

Open Road, founded earlier this year as a joint venture between AMC Entertainment and Regal Entertainment Group, plans to use the “software to track releases and maximize productivity,” said its exec VP of distribution Elliot Slutzky.

“Cinedigm’s TDS system is a powerful solution designed specifically for movie distributors of all sizes, making it the perfect choice for Open Road,” Slutzky said.

Distrib plans to implement the system in time for its first Stateside release, “Killer Elite,” on Sept. 23.

Cinedigm inked a similar deal with Warner Bros. in May. The studio also plans to use Cinedigm’s TDS to streamline such distribution aspects as booking theaters, print management, revenue accruals, settlements, payments and reporting grosses.

In other Cinedigm news, the digital provider has finalized the syndication of its Phase 2 financing with bookers Societe Generale Securities America, and Natixis Corporate and Investment Bank Americas, totaling a minimum of $100 million. The facility, which is earmarked to help exhibs convert theaters to digital, could expand to $130 million depending on exhibitor demand.

More Film

  • WONDER WOMAN

    Women Powered Summer Box Office Successes, New Data Shows

    Cinedigm Digital Cinema Corp. has licensed its Theatrical Distribution System (TDS) — programming software that aptly uses the company’s digital network — to startup distrib Open Road Films. Open Road, founded earlier this year as a joint venture between AMC Entertainment and Regal Entertainment Group, plans to use the “software to track releases and maximize […]

  • The Final Year TIFF

    Magnolia Nabs Worldwide Rights to Obama Documentary 'The Final Year' (EXCLUSIVE)

    Cinedigm Digital Cinema Corp. has licensed its Theatrical Distribution System (TDS) — programming software that aptly uses the company’s digital network — to startup distrib Open Road Films. Open Road, founded earlier this year as a joint venture between AMC Entertainment and Regal Entertainment Group, plans to use the “software to track releases and maximize […]

  • Marie-Louise Khondji

    Lumière Festival: Le CiNéMa Club’s CEO Marie-Louise Khondji on Financing a Free VOD Player and Online Collection Curation

    Cinedigm Digital Cinema Corp. has licensed its Theatrical Distribution System (TDS) — programming software that aptly uses the company’s digital network — to startup distrib Open Road Films. Open Road, founded earlier this year as a joint venture between AMC Entertainment and Regal Entertainment Group, plans to use the “software to track releases and maximize […]

  • Bertrand TavernierLumiere Grand Lyon Film Festival,

    Lumière Festival: Bertrand Tavernier on his Lifelong Love of Classic Westerns

    Cinedigm Digital Cinema Corp. has licensed its Theatrical Distribution System (TDS) — programming software that aptly uses the company’s digital network — to startup distrib Open Road Films. Open Road, founded earlier this year as a joint venture between AMC Entertainment and Regal Entertainment Group, plans to use the “software to track releases and maximize […]

  • Through Her Lens: The Tribeca Chanel

    Elizabeth Olsen, Jane Rosenthal Demand Justice for Sexual Assault Victims at Chanel Tribeca Lunch

    Cinedigm Digital Cinema Corp. has licensed its Theatrical Distribution System (TDS) — programming software that aptly uses the company’s digital network — to startup distrib Open Road Films. Open Road, founded earlier this year as a joint venture between AMC Entertainment and Regal Entertainment Group, plans to use the “software to track releases and maximize […]

More From Our Brands

Access exclusive content