Microspace Delivers Mexico Premiere of Paramount Picture's The Spiderwick Chronicles Digital Cinema Leader Achieves Significant Milestone with Mexico's First Satellite Delivered Feature Film

http://www.dcinematoday.com/dc/pr.aspx?newsID=1034

Source: Microspace

Raleigh, NC—Mar 6, 2008

Microspace Communications Corporation (Microspace), the leading distributor of digital cinema via satellite, today announced the first time satellite delivery of a feature premiere to Mexico. Paramount Pictures Mexico partnered with Microspace for the satellite delivery of The Spiderwick Chronicles premiere, which coincided with the US feature release. The movie will be released nationally in Mexico on March 7, 2008.

“Mexico represents a new market that is rapidly embracing digital cinema and satellite delivery,” said Michael Murphy, senior consultant, international markets for Microspace. “We are thrilled to be working with Paramount for the distribution of The Spiderwick Chronicles and look forward to providing our satellite technology for all of Mexico’s digital cinema needs in the future.”

From the beloved best-selling series of books comes The Spiderwick Chronicles, a fantasy adventure for the child in all of us. Peculiar things start to happen the moment the Grace family (Jared, his twin brother Simon, sister Mallory and their mom) leave New York and move into the secluded old house owned by their great, great uncle Arthur Spiderwick.

Unable to explain the strange disappearances and accidents that seem to be happening on a daily basis, the family blames Jared. When he, Simon and Mallory investigate what’s really going on, they uncover the fantastic truth of the Spiderwick estate and the creatures that inhabit it.

In addition to the delivery of the premiere, Microspace has also recently installed their digital cinema distribution technology at the Cinemex Mundo E complex, which was chosen by Paramount for the premiere, as well as other cinema complexes throughout Mexico City. Microspace currently delivers to 1,000 screens within the U.S., Canada and Mexico and expects aggressive expansion throughout 2008.

With digital cinema on the rise, the industry predicts that digital screens will soon outnumber traditional screens. “We expect to see continued growth with even more migration towards digital distribution. It’s becoming essential for both the studios and exhibitors in 2008, and beyond”, Murphy added.