Thursday, April 23, 2015 11:15:54 AM
IMAX Corporation (USA) (NYSE:IMAX), Netflix, Inc. (NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ:AMZN) are the clear choice for distribution of 4K or ultra high definition television (“UHD TV”).
The VGTel 4K titles will all be represented at upcoming film markets including the Giant Screen Cinema Association (“GSCA”) Film Expo on March 24-25 in Austin, Texas and MIP TV in Cannes, France on April 7-10.
VGTel’s intention to become a major supplier of 4K films. With all of the leading TV manufacturers presenting 4K models at CES 2014, media providers have committed to delivery of the new UHD format. For example, Comcast recently announced its commitment to 4K broadcasting with its Xfinity 4K app for Samsung UHD TVs and 4K-capable set-top boxes and the over-the-top providers like Netfilx, Amazon and YouTube will all offer streaming UHD content beginning this year.
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