Film-Tech Cinema Systems
Film-Tech Forum ARCHIVE


  
my profile | my password | search | faq & rules | forum home
  next oldest topic   next newest topic
» Film-Tech Forum ARCHIVE   » Operations   » Digital Cinema Forum   » Digital Equipment Leasing

   
Author Topic: Digital Equipment Leasing
Michael Cornish
Film Handler

Posts: 26
From: Cincinnati, Ohio, USA
Registered: Sep 2011


 - posted 03-06-2015 06:40 PM      Profile for Michael Cornish   Email Michael Cornish   Send New Private Message       Edit/Delete Post 
A while back I saw a post about a company that was leasing digital equipment. Is that company still around? If they are can someone post a link to them.

Thank you

 |  IP: Logged

David E. Nedrow
Master Film Handler

Posts: 368
From: Columbus, OH, USA
Registered: Oct 2008


 - posted 03-06-2015 07:17 PM      Profile for David E. Nedrow   Author's Homepage   Email David E. Nedrow   Send New Private Message       Edit/Delete Post 
Michael,

You're probably talking about Scrabble, which had a leasing deal for small cinemas. They were working with Christie. Unfortunately, to qualify you had to have the equipment installed by the end of June, 2014. We just made it in under the deadline.

Scrabble Ventures

 |  IP: Logged

Michael Cornish
Film Handler

Posts: 26
From: Cincinnati, Ohio, USA
Registered: Sep 2011


 - posted 03-06-2015 08:23 PM      Profile for Michael Cornish   Email Michael Cornish   Send New Private Message       Edit/Delete Post 
David,

What theater in the Columbus area do you work at?

Mike

 |  IP: Logged

Carsten Kurz
Film God

Posts: 4340
From: Cologne, NRW, Germany
Registered: Aug 2009


 - posted 03-08-2015 08:58 AM      Profile for Carsten Kurz   Email Carsten Kurz   Send New Private Message       Edit/Delete Post 
There is also a new deal from NEC and Element Financial for smaller screens (I guess they would also offer higher lumen projectors at similar conditions).

http://www.dcinematoday.com/dc/PR.aspx?newsID=3908

---
NEC Display’s ‘Ticket to Digital’ Program Paves Way for Theaters to Make Conversion to Digital

Special Financing Program from NEC and Element Financial Includes All Equipment Needed, Affordable Payments with Little Upfront Costs
NEC Display Solutions of America announced today a special financing program to help the remaining 1,000 screens at movie theaters across America make the conversion to digital cinema.

Called the “Ticket to Digital” program, NEC Display is teaming up with Element Financial to include 100 percent of the technology necessary to convert to digital requirements, plus the fastest, most affordable way to acquire it. Equipment and terms include:
NC900C Projector
Lens
IMS (Server)
Installation
Base
Cabling and PC to control system
Freight (to locations in the continental U.S.)
$559/month for 64 months
“Offering an affordable way for exhibitors to convert to digital with little upfront costs is a key part of this NEC Display initiative,” said Jim Reisteter, General Manager of Digital Cinema at NEC Display. “It is critical that theaters convert to digital in 2015 as the number of movies using traditional film will significantly decrease.”

Designed for theaters with small screens, NEC’s NC900C DLP cinema projector delivers an enhanced theater experience with pristine images. With its S2K chip set from Texas Instruments®, the NC900C is the most compact 2K DCI-certified digital cinema projector on the market.

“I commend NEC for offering a leasing program to exhibitors who haven’t yet converted to digital cinema,” said John Fithian, President of the National Association of Theater Owners. “Though 95 percent of the screens in the U.S. have already been converted, there are still a few companies out there who haven’t made the transition. As we’ve said before, the end is nigh.”

Applications for financing will be accepted through April 15, 2015. To learn more about the program, please visit http://www.necdisplay.com/communications/1214_Ticket_toDigital.html.
---

 |  IP: Logged

Louis Bornwasser
Film God

Posts: 4441
From: prospect ky usa
Registered: Mar 2005


 - posted 03-08-2015 03:06 PM      Profile for Louis Bornwasser   Author's Homepage   Email Louis Bornwasser   Send New Private Message       Edit/Delete Post 
Like any financing, all terms are negotiable. Don't forget that it is possible to get Uncle Sam to pay a major portion using Capitol Depreciation. Consult your CPA to see how that option may help you.

Old rule: Buy that which appreciates; lease that which depreciates.

 |  IP: Logged

David E. Nedrow
Master Film Handler

Posts: 368
From: Columbus, OH, USA
Registered: Oct 2008


 - posted 05-04-2015 07:34 PM      Profile for David E. Nedrow   Author's Homepage   Email David E. Nedrow   Send New Private Message       Edit/Delete Post 
quote: Dave C
What theater in the Columbus area do you work at?
Grandview Theatre in Columbus

 |  IP: Logged



All times are Central (GMT -6:00)  
   Close Topic    Move Topic    Delete Topic    next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:



Powered by Infopop Corporation
UBB.classicTM 6.3.1.2

The Film-Tech Forums are designed for various members related to the cinema industry to express their opinions, viewpoints and testimonials on various products, services and events based upon speculation, personal knowledge and factual information through use, therefore all views represented here allow no liability upon the publishers of this web site and the owners of said views assume no liability for any ill will resulting from these postings. The posts made here are for educational as well as entertainment purposes and as such anyone viewing this portion of the website must accept these views as statements of the author of that opinion and agrees to release the authors from any and all liability.

© 1999-2020 Film-Tech Cinema Systems, LLC. All rights reserved.