The big-screen entertainment and technology company, based in Mississauga, Canada, announced Sunday that has licensed from Kodak exclusive rights to more than 50 technology patents for a laser technology projection system.
The system will make high quality digital content available, for the first time, to Imax screens larger than 80 feet like the one at Universal CityWalk, and to dome theaters located at museums. Until now, about 170 giant Imax theaters have been limited to screening movies in the traditional analog-film format.
Imax said the technology, which it expects to install by late 2013, will increase the brightness and clarity of screens 80 to 100 feet wide and will allow the company to distribute content in its network with greater efficiency because digital prints are much cheaper to deliver than film reels are. About two-thirds of Imax's 575 theaters, which mostly range from 50 to 70 feet wide, have already been converted to a digital format.
Terms of the royalty agreement with Kodak were not disclosed.
Well, at least we now know that Barco, Christie, Red Digital, Sony, and NEC laser projectors are not based on the Kodak Laser Technology. I guess everyone is doing their one laser. Seems to me like 2013 will be the year of LASER PROJECTORS!