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DreamWorks' Katzenberg disappointed with 3D talks

By Sue Zeidler
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Posted 30 April 2008 @ 08:30 am GMT

Jeffrey Katzenberg
Jeffrey Katzenberg, president of Dreamworks Animation Studios (L), listens during a news conference for directors Karey Kirkpatrick and Tim Johnson's out of competition animated film 'Over the Hedge' at the 59th Cannes Film Festival May 21, 2006.

About 4,000 of the 37,000 cinema screens in the United States are digitally equipped, while a little more than 1,000 screens have 3-D capability.

Some analysts have cited concerns there will not be enough 3-D screens to accommodate all the upcoming 3-D titles from Dreamworks and other studios due out in coming years.

Many in Hollywood look to the success of the 3-D concert movie, "Hannah Montana/Miley Cyrus: Best of Both Worlds Concert Tour," which grossed nearly $30 million in its opening weekend as a template for the future. Tickets sold for $15.

Once the DCIP digital upgrade starts, it is expected to take about three years to complete the upgrade of the 14,000 screens of those theater chains involved.

"In terms of getting the big three on board and actively moving forward, I feel as though things have dragged along, and it's been pretty disappointing," Katzenberg said, referring to the movie chains.

"If these guys don't get their act together very quickly in the next 30 days, they're not going to be able to achieve that goal and it will start to deteriorate quickly. Every week that goes by will be several hundred less screens that will manage to be rolled out in the timeframe," he said.

(Reporting by Sue Zeidler; editing by Carol Bishopric)

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