Katzenberg: Economy Hurts 3D

24 March 2009 2:35 AM, PDT

DreamWorks Animation <http://www.imdb.com/company/co0129164/>  chief Jeffrey
Katzenberg <http://www.imdb.com/name/nm0005076/> , who, only a year ago, was
forecasting that the animated Monsters vs. Aliens would open in around 5,000
theaters in 3D -- and had reduced that number by half only last month -- has
now concluded that fewer than 2,000 theaters will be capable of showing it
in 3D when it opens on Friday. In an interview with the Associated Press in
Hong Kong, where the movie is about to have its premiere, Katzenberg pointed
out that it costs about $100,000 to install 3D digital projection equipment
in a theater. The problem is, he observed, "it's harder to get financing
right now." He estimated that only about 15-20 percent of theaters that will
be showing the movie when it opens on Friday are 3D compatible.

http://www.imdb.com/news/ni0720803/

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