AGÕæÈ˹ٷ½

STOCK TITAN

Moving iMage Partners with Metro Private Cinema to Create 20-Screen, Private Screening Room Concept in NYC - Opening Sep. 1st

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Moving iMage Technologies (NYSE American: MITQ) has announced the completion of Metro Private Cinema, a groundbreaking 20-screen private screening facility in New York City set to open on September 1st, 2025.

The company provided comprehensive services including design, project management, and installation of premium cinema technology. The facility features Christie CP2406-RBe laser projectors, JBL C211 Screen Channel Loudspeakers, and custom mirror mount assemblies, catering to groups of 4 to 20 people with amenities like private dining and motorized plush recliners.

This innovative concept aims to redefine the moviegoing experience by bringing studio-quality screening technology to a luxury private setting, leveraging MiT's expertise in high-net-worth residences and post-production facilities.

Moving iMage Technologies (NYSE American: MITQ) ha annunciato il completamento di Metro Private Cinema, una rivoluzionaria struttura privata con 20 schermi a New York City che sarà inaugurata il 1° settembre 2025.

L'azienda ha fornito servizi completi tra cui progettazione, gestione del progetto e installazione di tecnologie cinematografiche di alto livello. La struttura è dotata di proiettori laser Christie CP2406-RBe, diffusori JBL C211 per il canale schermo e supporti specchio realizzati su misura, e può ospitare gruppi da 4 a 20 persone con servizi come ristorazione privata e poltrone reclinabili motorizzate e imbottite.

Questo concept innovativo mira a ridefinire l'esperienza cinematografica, portando tecnologia di qualità da studio in un ambiente privato e di lusso, sfruttando l'esperienza di MiT nelle residenze per clienti ad alto patrimonio e nelle strutture di post-produzione.

Moving iMage Technologies (NYSE American: MITQ) ha anunciado la finalización de Metro Private Cinema, una innovadora instalación privada de proyección con 20 pantallas en la ciudad de Nueva York que abrirá el 1 de septiembre de 2025.

La compañía ofreció servicios integrales que incluyen diseño, gestión del proyecto e instalación de tecnología cinematográfica de primer nivel. La instalación cuenta con proyectores láser Christie CP2406-RBe, altavoces JBL C211 para canal de pantalla y ensamblajes de montaje de espejo personalizados, y atiende a grupos de 4 a 20 personas con servicios como comedor privado y butacas reclinables motorizadas y acolchadas.

Este concepto innovador pretende redefinir la experiencia de ir al cine, llevando tecnología de proyección con calidad de estudio a un entorno privado y lujoso, aprovechando la experiencia de MiT en residencias de alto patrimonio y en instalaciones de postproducción.

Moving iMage Technologies (NYSE American: MITQ)ëŠ� ë‰´ìš•ì‹œì— 20ê°� 스í¬ë¦°ì„ 갖춘 í˜ì‹ ì ì¸ 프ë¼ì´ë¹— ìƒì˜ 시설ì� Metro Private Cinemaì� 완공ì� 발표했으ë©�, 2025ë…� 9ì›� 1ì�ì—� 개장í•� 예정입니ë‹�.

회사ëŠ� 설계, 프로ì íЏ ê´€ë¦�, 고급 ì˜í™” 기술 설치ë¥� í¬í•¨í•� 종합 서비스를 제공했습니다. 시설ì—는 Christie CP2406-RBe ë ˆì´ì € 프로ì í„°, JBL C211 스í¬ë¦� ì±„ë„ ìŠ¤í”¼ì»�, 맞춤í˜� 미러 마운íŠ� 어셈블리가 ê°–ì¶°ì � 있으ë©�, 프ë¼ì´ë¹— 다ì´ë‹ê³¼ ì „ë™ì‹� 고급 리í´ë¼ì´ë„� ì¢Œì„ ë“� 편ì˜ì‹œì„¤ì� 갖춘 4명ì—ì„� 20ëª� 규모ì� 그룹ì� 수용합니ë‹�.

ì� í˜ì‹ ì ì¸ 콘셉트는 스튜디오 수준ì� ìƒì˜ 기술ì� 고급스러ìš� ê°œì¸ ê³µê°„ìœ¼ë¡œ 가져와 ì˜í™” ê´€ëž� 경험ì� 재정ì˜í•˜ëŠ� ê²ƒì„ ëª©í‘œë¡� 하며, MiTì� ê³ ìžì‚°ì¸µ 주거공간 ë°� í¬ìŠ¤íŠ¸í”„ë¡œë•ì…� 시설ì—� 대í•� ì „ë¬¸ì„±ì„ í™œìš©í•©ë‹ˆë‹�.

Moving iMage Technologies (NYSE American: MITQ) a annoncé l'achèvement de Metro Private Cinema, une installation de projection privée révolutionnaire à 20 écrans à New York qui ouvrira le 1er septembre 2025.

La société a fourni des services complets incluant la conception, la gestion du projet et l'installation de technologies cinématographiques haut de gamme. L'établissement est équipé de projecteurs laser Christie CP2406-RBe, d'enceintes JBL C211 pour le canal écran et d'ensembles de supports miroir sur mesure, et s'adresse à des groupes de 4 à 20 personnes avec des prestations telles que restauration privée et fauteuils inclinables motorisés et rembourrés.

Ce concept innovant vise à redéfinir l'expérience cinématographique en apportant une technologie de projection de qualité studio dans un cadre privé et luxueux, en s'appuyant sur l'expertise de MiT dans les résidences de grande valeur et les installations de postproduction.

Moving iMage Technologies (NYSE American: MITQ) hat die Fertigstellung des Metro Private Cinema bekanntgegeben, einer bahnbrechenden privaten Vorführstätte mit 20 Leinwänden in New York City, die am 1. September 2025 eröffnet wird.

Das Unternehmen lieferte umfassende Leistungen einschließlich Design, Projektmanagement und Installation hochwertiger Kinotechnik. Die Anlage ist mit Christie CP2406-RBe Laserprojektoren, JBL C211 Screen-Channel-Lautsprechern und maßgefertigten Spiegelhalterungen ausgestattet und richtet sich an Gruppen von 4 bis 20 Personen mit Annehmlichkeiten wie privatem Catering und motorisierten, gepolsterten Relaxsitzen.

Dieses innovative Konzept zielt darauf ab, das Kinoerlebnis neu zu definieren, indem Studiotechnik in einem luxuriösen, privaten Umfeld bereitgestellt wird, und nutzt dabei MiTs Expertise bei hochvermögenden Wohnobjekten und Postproduktionsstätten.

Positive
  • First-of-its-kind 20-screen private cinema concept showcasing company's innovation
  • Expansion into luxury entertainment market segment
  • Demonstrates capability to execute complex, multi-year projects
  • Strategic positioning in high-end cinema technology integration
Negative
  • None.

Insights

MiT's partnership with Metro Private Cinema marks its expansion into high-end private screening venues with significant revenue potential in the luxury entertainment market.

Moving iMage Technologies (MiT) has made a strategic expansion into the luxury cinema market through its partnership with Metro Private Cinema to create a first-of-its-kind, 20-screen private screening facility in New York City. This September 1st launch represents a notable diversification from MiT's traditional cinema, Esports, and arena business.

The technical implementation is impressive - MiT has deployed Christie CP2406-RBe laser projectors paired with JBL C211 Screen Channel Loudspeakers and supplementary audio equipment from QSC and MAG. The company's custom mirror mount assemblies solve a common challenge in private screening rooms - achieving wall-to-wall images in space-constrained environments.

What makes this project particularly valuable is MiT's comprehensive involvement beyond just equipment supply. The company provided end-to-end services including design, project management, provisioning, integration, and installation - indicating higher service revenue compared to equipment-only deals.

The strategic significance extends beyond this single installation. By leveraging expertise previously limited to high-net-worth residences, studios, and post-production facilities, MiT is essentially creating a new market category - bringing Hollywood-quality private screening experiences to a broader luxury consumer segment. This could establish a scalable model for similar venues in other major metropolitan areas, potentially creating a new revenue stream as the company builds expertise in this niche.

The "taking reservations" status indicates the facility expects immediate revenue generation, suggesting strong market demand for luxury private cinema experiences, particularly in high-income urban markets like NYC.

Metro Private Cinema represents a premium revenue diversification opportunity for MiT, targeting affluent consumers seeking exclusive entertainment experiences.

This partnership positions Moving iMage Technologies at the forefront of a growing premium entertainment segment that caters to affluent consumers seeking exclusive experiences. The 20-screen private cinema concept addresses several key trends in the entertainment landscape: the desire for curated social experiences, premium amenities, and exclusive access to first-run content.

The project's economics are particularly compelling. Private screening rooms typically command significant premium pricing compared to traditional theaters, with typical private screening experiences ranging from hundreds to thousands of dollars per session. With capacities of 4 to 20 people across multiple screening rooms, this facility can generate substantial revenue per square foot compared to traditional theaters.

From MiT's perspective, this diversifies their revenue streams beyond traditional cinema chains into the luxury entertainment sector. While traditional theater attendance has faced challenges, premium cinema experiences have shown resilience as they offer something streaming cannot - a luxury social experience with superior technical presentation.

The New York City location is strategically important. As one of the world's wealthiest metropolitan areas with a high concentration of entertainment industry professionals, financial executives, and luxury consumers, it provides an ideal test market for this concept. If successful, this could become a template for similar installations in other major cities.

The timing of the September 1st opening aligns well with the fall movie season, when studios typically begin releasing higher-profile films that could attract premium audiences seeking exclusive viewing opportunities.

New York, New York & Fountain Valley, California--(Newsfile Corp. - August 13, 2025) -  (NYSE American: MITQ) "MiT", a leading provider of cutting-edge out-of-home entertainment technology and services for cinema, Esports, stadiums and arenas, today announced its involvement in the successful completion of , a first-of its kind, 20-screen, high-end private screening room facility in New York City, now taking reservations to screen the latest releases and blockbusters beginning September 1st.

Moving iMage Partners with Metro Private Cinema

To view an enhanced version of this graphic, please visit:

MiT's collaboration with Metro Private Cinema included design, project management and the provisioining, integration and installation of top-tier cinema and audio solutions to take movie night to the next level for groups of 4 to 20. Metro's thoughtfully designed auditoriums feature giant movie screens, immersive theater sound, private dining and motorized plush recliners and loveseats.

The facility features DCI-compliant cinema projection systems for premier first-run feature films, along with professional-grade audio solutions, including...

  • that deliver brilliant on-screen images and longer operational life in an economical projection platform for smaller, high-gain screens.
  • featuring high frequency driver technology to provide a captivating, authentic experience from every seat.
  • MiT custome mirror mount assemblies providing wall to wall images in short distance auditoriums

Tim League founder, Metro Private Cinema, commented, "Moving iMage has provided valuable advice and project execution every step of the way during the complex, multi-year evolution of this project. Metro Cinema is unlike any other cinema experience in the world, and we cannot wait to share our vision with the people of New York very soon."

Moving iMage Technologies President and COO Francois Godfrey added: "We're proud to continue our collaboration with the founders of Metro Private Cinema to help realize a unique cinema concept that redefines the moviegoing experience. Leveraging MiT's deep expertise in high-net-worth residences, studios, and post-production facilities, we're excited to bring that same level of excellence to the public. This project highlights MiT's versatility and proven track record in delivering tailored solutions across a wide range of exhibition environments-utilizing the best in cinema technology to create truly exceptional experiences."

About Metro Private Cinema ()

Metro Private Cinema gives you your own private screening room, designed for comfort and great company. Our cinema suites come in different sizes to accommodate from four to twenty guests, and each designed to deliver the ultimate entertainment experience. Choose from the latest releases, including opening weekend, or from our film library with acclaimed independent films and classics - or you can watch sports, your favorite TV series, host a meeting or custom event. Just reach out to Guest Services, and we'll get you set up.

It's everything you love about the movies - without the crowds.

About Moving iMage Technologies ()

With a focus on innovation, service, and quality, Moving iMage Technologies ("MiT) is a trusted partner in delivering state-of-the-art out-of-home entertainment environments. Founded in 2003, MiT provides products, integrated systems design, custom engineering, proprietary products, software, and installation services for cinemas, screening rooms, postproduction facilities, high-end home theaters, Esports venues, arenas, stadiums, and other entertainment spaces.

MiT manufactures a broad line of digital cinema peripherals in the U.S., including automation systems, projector pedestals/bases, projector lifts, hush boxes, direct-view LED frames, lighting fixtures and dimmers, power management devices, operations software, and Esports platforms. It also distributes and integrates cinema equipment from Barco, Sharp (NEC) Digital Cinema, Christie Digital, LEA Professional, Dolby, GDC, JBL/Crown, LG, Meyer Sound, Q-SYS, QSC, Samsung and others.

MiT's Caddy Products division designs and sells cupholders, concession trays, and venue accessories that enhance concession sales and improve the guest experience.

Forward-Looking Statements

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

Follow us on X: Follow us on LinkedIn:

MITQ Investor Relations Contacts
Chris Eddy or David Collins
Catalyst IR
[email protected] or 212-924-9800

To view the source version of this press release, please visit

FAQ

When will Metro Private Cinema open in NYC and what is MITQ's involvement?

Metro Private Cinema will open on September 1st, 2025 in NYC. MITQ provided design, project management, and installation of premium cinema technology including Christie laser projectors and JBL sound systems.

What unique features does Metro Private Cinema offer?

The facility features 20 private screening rooms with giant movie screens, immersive theater sound, private dining, motorized plush recliners, and can accommodate groups of 4 to 20 people.

What technology did MITQ install in Metro Private Cinema?

MITQ installed Christie CP2406-RBe laser projectors, JBL C211 Screen Channel Loudspeakers, QSC subwoofers, MAG AIR speakers, and custom mirror mount assemblies.

How does Metro Private Cinema differ from traditional movie theaters?

It offers an exclusive, private screening experience with premium amenities like private dining and luxury recliners, utilizing studio-quality technology typically found in high-net-worth residences and post-production facilities.

What is the capacity of Metro Private Cinema's screening rooms?

Each screening room can accommodate groups of 4 to 20 people, offering a private viewing experience with premium amenities.
Moving Image Technologies Inc

NYSE:MITQ

MITQ Rankings

MITQ Latest News

MITQ Stock Data

7.45M
6.42M
35.35%
2.28%
4.68%
Communication Equipment
Photographic Equipment & Supplies
United States
FOUNTAIN VALLEY