Exhibs moving forward despite high costs
TOKYO — Japan’s 10 biggest multiplex operators, which account for nearly 70% of the country’s 3,300 screens, plan to completely digitize their theaters by next summer at the latest, according to the results of a survey conducted by the Kyodo news service.The biggest operator, Toho Cinemas, finished digitization in June of this year. The T Joy chain was a leader in the changeover, digitizing all of its theaters nearly two years ago. In a survey sent to 277 indie theater operators last May by Japan Community Cinema Center, an org repping indie exhibs, 46%, or 63 of the 138 responding, said they had already digitized their venues. Equipment costs averaging $130,000 have placed a heavy financial burden on smaller theaters, but with the alternative being commercial oblivion, many are planning to go digital regardless.