Comment by opello
I bumped on this too, since 1994-1995 was about the time when multi-gigabyte hard drives were readily available and multiple full motion video codecs were being used in games, albeit for cut scenes. Theater projector compatibility makes complete sense.
In 1994-1995, all the pieces for digital cinema were there, but they weren't integrated, and there were no installed projectors. The Phantom Menance was shown digitally.... on two screens. By the end of 2000, there were 31 digital cinema screens in theaters.
Digital cinema went with Motion JPEG2000 with high quality settings, which leads to very large files, but also much better fidelity than likely with a contemporary video codec.
https://en.wikipedia.org/wiki/Digital_cinema