Exhibs move 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 digitize their theaters by next summer at the latest, according to a survey conducted by the Kyodo news service.
The T Joy chain is a leader in the changeover, digitizing all its theaters nearly two years ago, while the biggest operator, Toho Cinemas, finished the conversion in June.
A survey sent to 277 indie theater operators in May by the Japan Community Cinema Center, which reps indie exhibs, found that 46%, or 63 of the 138 responding, said they had 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.