Disney, Fox Clash With Theater Owners Over Digital Movie Plan
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The Hollywood Pacific theater, built in 1927 to screen the premiere of the first motion picture with sound, still has red velvet seats, chandeliers and carved-wood ceilings. It also holds what may be the future of movies.
In the projection booth, technician Paul Miller taps a touch-screen computer and scenes from ``Shrek 2'' appear. The theater is one of the first to use digital projectors, equipment that may save Walt Disney Co.'s Buena Vista, Time Warner Inc.'s Warner Bros. and five other studios as much as $1.1 billion a year.