Digital Hollywood - Wednesday, March 21, 2007
3D's RealD Raises $50M In Advance of 3D Film Onslaught
Coming to theaters in 2009 from Dreamworks will be the 3D extravaganza Monsters vs. Aliens. Before that, Disney plans a March 30th release of Meet the Robinsons which will use 3D technology. 3D is a hot new trend in Hollywood and a primary beneficiary is LA-based RealD, which has inked a deal to expand it’s digital 3-D experience to an additional 200 screens (AMC, Regal, Cinemark, and more
To meet growth demands, Real D has raised $50M in private equity funding from the Shamrock Capital Growth Fund. Earlier this month, REAL D announced its acquisition of Boulder, CO-based ColorLink, which creates photonics-based tech for entertainment.
Based on the horror comic book "Rex Havoc," about a monster hunter called upon to battle aliens who disrupt cable TV service.
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