XDC
Group, Digital Cinema Ltd and Digital Finance Ltd become partnerfor digital roll
in Ireland
December
23, 2011
Source: XDC XDC Group and DFL have
reached an agreement to allow XDC to provide significant funding of the digital
roll-out in Ireland. Existing DFL VPF agreements with Irish exhibitors will be
transferred to XDC. Already deployed digital systems will be acquired by XDC and
managed under their VPF agreement with the Studios. Serge
Plasch, Chief Executive Officer of XDC Group said: “Ireland is a key country
in our pan-European expansion and I am much excited about this project. On one
hand this will enable our FTT integrator network to support DCL with the Irish
digital roll-out and on the other hand XDC will take care of the VPF roll-out
initiative. This is an important achievement towards our pan-European strategy.”
For DFL/DCL this agreement also marks an important point
for the acceleration of the conversion to digital as Kevin Cummins, CEO of DFL/DCL
pointed out: “It’s great that we have reached agreement with XDC. DFL
has 150 systems already deployed and this agreement with XDC will speed up the
roll-out of an additional 400 screens in the next 12 months. We are also delighted
to cooperate with FTT the largest cinema service company in Europe.”
David Pope, XDC’s Director of Operations for UK &
IR added: “This is XDC’s first step into Ireland and what a giant step
it is! I am looking forward to working with Kevin and his team. The cinema market
in Ireland is a perfect candidate for a 100% digital conversion.”
Paul Anderson, MD Omniplex Holdings NI Limited: “Converting
to digital projection is a seminal moment in the history of cinema. OMNIPLEX are
delighted to have reached agreement with XDC to convert all 88 OMNIPLEX screens
in 11 locations in Northern Ireland.“ Osborne
Spurling and Andy O’Gorman, Directors of Movies @ Group: “We are delighted
that XDC and DFL have reached agreement and we have seen immediate results with
the full digitalisation of our two sites Movies @ Dundrum (12 Screens) and Movies
@ Swords (11 Screens).” Brendan Flannery,
Director of Gate Cinema’s: “Working with DFL we have full digital at
our North Main Street, Cork cinema (6 Screens) and we will be converting Mallow
(5 Screens), Midleton (5 Screens) and Douglas (5 Screens) in the new year, as
a result of this agreement with XDC.” Under
the terms of this agreement, all existing VPF agreements between DFL and Irish
exhibitors will be transferred to XDC. XDC will also provide the financing for
this roll-out by using its existing credit facility with ING Lease in Ireland
and BNP Paris-bas Fortis in Northern Ireland. All
the systems will be connected to XDC’s NOC (Network Operations Centre) which
will perform the hotline support and the preventive remote maintenance. Thanks
to a sophisticated XDC web-based application we will establish a full remote monitoring
of the digital system. The
first exhibitors that have joined this new initiative are: OMNIPLEX
NI 88 - Northern Ireland 11 Cinemas with 88 Screens Movies
@ Group 23 - Dundrum (12) and Swords (11) Gate Cinema’s
21 - Cork (6), Mallow (5), Midleton (5) and Douglas (5) Spurling
Cinema’s 18 - Gorey (7), Dungarvan (4) and Mayo (7) Reel
Cinema’s 13 - Ballincollig (6) and Blackpool (7) Movieland
6 - Newtownards (6) Flix Cinema’s 5 - Roscommon (5) Park
Cinema 3 - Clonakilty (3)
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