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GDC Sells 36% Stake to Cinionic’s Chinese Co-Owner

Chinese media report that GDC Technology is selling a 36% stake in GDC Technology Limited (British Virgin Islands) currently held by GDC Technology Limited (Cayman Islands) to Appotronics for USD $18.2 million. Appotronics is one of the four join venture partners in Cinionic, together with Barco, Ch…

Huayi Bros To Sell Entire 90.5% Stake in GDC Technology

Chinese-language media reports that Huayi Brothers is selling its 90.5% stake in GDC Technology, the leading Asian cinema server and equipment vendor [PDF link to financial filing here]. Huayi announced on 3 September that it’s wholly-owned subsidiary Huayi International Investment plans to tr…

Butch Cassidy and Sundance Kid

Latin American VPF Deals Hide Regional Problems – UPDATED

[Ed: We have received lots of feedback and updated info from readers fram and active in the region. ¡Muchas Gracias/Muito Obrigado! The article has been UPDATED THROUGHOUT as a result.] Much like Butch Cassidy and the Sundance Kid headed to Bolivia after they had run out of banks in the Wild West to…

Shankweiler's Drive-In Theatre

Daily Cinema Digest – Tuesday 4 February 2014

USA: Drive-in cinemas have become the twin victims of the end of analogue film and changing social habits that has mostly de-linked automobiles from cinema-going, other than as a mode of transport to the multiplex. So this is a lovely exception: Americas self-proclaimed oldest drive-in cinema is goi…

GDC Comes On Strong With New Features and Dealer Network

Unless you’ve been living on another planet, or simply working in an industry other than exhibition, it would be hard not to know what GDC Technology has been up to lately. After all, they’re not shy about telling you all their latest deals, most recent installations and newly released produc…