Digital Shift In Movies Set, Except For Who Pays

Talk about an “unfunded mandate:” Studios Settle on Technical Standards for Digital Shift [pdf]

Hollywood’s major studios have hammered out technical standards for digital movies, capping a three-year effort intended to save millions in distribution costs, enhance picture quality and increase anti-piracy protections.

The agreement, to be announced today in Beverly Hills by a consortium of seven studios, does not detail who will pick up the tab for changing from film to digital projection, according to studio sources familiar with the discussions.