Digital projectors to be installed in U.S., Canadian movie theaters

Regal Entertainment Group, AMC Entertainment Holdings and Cinemark Holdings, through their jointly owned Digital Cinema Implementation Partners, plan to raise as much as $725 million to add digital projectors to 14,000 U.S. and Canadian screens in 3? 1/2 years. Two people familiar with the plans said the expansion will allow exhibitors and Hollywood studios to show 3-D films, which command premium ticket prices. – Bloomberg News