
XDC/FTT and
Cineplex Agree on Deployment of 451 Digital Screens in Germany
July 21, 2010
Source: XDC
Cineplex, one of the large German cinema
circuits, and the Belgian VPF service provider XDC agreed
on the conditions of a digital roll-out of the 451 Cineplex
screens.
The German integrator FTT played an important role in the
pre-negotiations and will also carry out a large part of the
installations.
The agreement between Cineplex and XDC includes the roll out
of DCI-compliant projection systems cofinanced by the Virtual
Print Fee (VPF) model and using the financing solution proposed
by XDC via the credit facility structured by BNP Paribas Fortis.
Kim Ludolf Koch, Managing Director of Cineplex Deutschland
said: After careful consideration and negotiations the
35 shareholders of Cineplex group, we decided to complete
the digital deployment on a large scale and with the most
experienced partner in VPF services in Germany. As an association
of numerous familyrun businesses we are placing particularly
high demands on our partner as far as flexibility is concerned.
With XDC we were able to depict our various individual requirements
and demands as precisely as possible.
Serge Plasch, XDCs CEO, said:"We are delighted
that, with Cineplex group, we were also able to win the third
major German cinema circuit and, consequently, could make
an important step towards the digital roll-out in Germany.
The fact that we could catch on with our business proposal
against other VPF providers in this highly competitive preliminary
decision once again underlines the quality of our model.
Thomas Rüttgers, FTTs Chairman of the Board of
Management, added:It was vital for our co-operation
with XDC and Cineplex that we could do our bit acting as an
intermediary in this issue. We think that this is a clear
signal to the market that VPF models will become further established
in Germany.
Under the terms of the agreement with XDC, Cineplex will exclusively
install Series 2 DCI-compliant digital projection systems.
Cineplex will also implement a fully integrated and networked
solution within the cinema circuit, thanks to XDCs advanced
Theatre Management System and Central Library, the XDCs
CineStore® Plaza.
A content delivery network will also be implemented by XDC
in order to allow distributors to deliver films directly by
satellite and/or broadband connection to the cinemas, as well
as to give the opportunity to Cineplex to perform live 2D
and 3D transmissions.
All the systems will be connected to the XDCs NOC (Network
Operations Centre) which will perform the hotline support
and the preventative remote maintenance.
Thanks to the sophisticated XDCs CineStore Data webbased
application, the frontline support (with the possibility to
have a full remote monitoring of the digital systems) will
be directly managed by FTT, which will also take care of most
of the installations and maintenance.
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