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Amsterdam, Cinema Expo 2008—Jun 24, 2008

XDC Signs its First Large-Scale Deployment Agreement With Cineplexx for 193 Digital Screens in Austria

XDC, the leading digital cinema service company in Europe, announces to have signed an exclusive agreement with Cineplexx Kinobetriebe GmbH, the largest cinema chain in Austria, for the deployment of digital cinema systems in 100% of the circuit’s 193 screens. This agreement represents a contract of a total value of about 21 millions Euros.

The agreement signed between Cineplexx and XDC includes the roll out of DCI-compliant projection systems co-financed by the Virtual Print Fee (VPF) model. The rollout is scheduled to begin in the last quarter of 2008, with a target of 50% of each complex screens converted during the first contractual year.

Serge Plasch, XDC’s Chief Executive Officer said: “We are very proud to announce this first VPF deal with one important European exhibitor, just one month after having signed our digital cinema deployment agreements with the studios. This demonstrates that the XDC’s VPF-based business proposal meets the requirements of European exhibitors. We expect to announce additional deployment deals in other countries soon.”

Christian G. Langhammer, Cineplexx’s Chief Executive Officer said: “We are delighted to be the first exhibitor to go fully digital with the XDC’s VPF-based business model. We have been working with XDC for several years. They have financed, installed and serviced our first 16 digital screens. XDC has the best team to support exhibitors into their transition to digital, and I’m really excited to extend our cooperation with this major milestone, which will give to Cineplexx huge opportunities to benefit from all the advantages of digital cinema.” Christof Papousek, Cineplexx’s Chief Financial Officer added: “Besides offering pristine image quality to our audience, we will extend our programming to alternative content, 3D shows and live satellite events (opera, concerts, sports …). Last but not least, digital will allow us to reduce our operational costs.”

Under the terms of the agreement, XDC will exclusively install DCI-compliant digital projection systems: Christie 2K DLP Cinema® projectors and XDC’s CineStore® Solo G3 D-Cinema servers. XDC will also implement a fully integrated and networked solution in each complex, thanks to its advanced Theatre Management System and Central Library, the XDC’s CineStore® Plaza.

Film Ton Technik (FTT), via its Austrian subsidiary FTT Digital Cinema GmbH, will carry out the installations and the maintenance, as well as the frontline helpdesk.


About CinemaNext:
CinemaNext is the Ymagis Group’s business unit dedicated to exhibitor services. Founded in 2007 and managed by professionals from the motion picture and high-tech industries, Ymagis Group is a European leader in advanced digital technology services for the cinema industry. Through CinemaNext and Eclair, the Group provides smart, comprehensive solutions to movie exhibitors, distributors (feature films & event cinema), producers, rights holders, cinema/TV advertising networks, broadcasters, OTT channels and video publishers. Over the years, Ymagis Group has significantly expanded its portfolio of solutions & services and further developed its geographic footprint in Europe with permanent offices in 26 countries. The company’s core business is structured around three main units: CinemaNext (exhibitor services: sales and field services, software solutions, customer service/NOC and consulting), Eclair (content services: post-production, theatrical delivery, digital distribution, versioning and accessibility, restoration and preservation) and Ymagis (VPF & financial services). A publicly-traded company listed on Euronext, Ymagis Group is headquartered in Paris (France) and has close to 750 employees.
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More CinemaNext News:
Apr 25, 2018 CinemaNext Signs Agreement with Austrian Circuit Cineplexx for First Samsung 3D Onyx CinemaLED
Apr 20, 2018 CinemaNext Reaches Agreement with Paris-based Les 7 Batignolles for Sphera Premium Cinema Launch
Apr 17, 2018 CinemaNext Signs Agreement with Alamo Drafthouse Cinema for EclairColor HDR Deployment in the US
Apr 12, 2018 CinemaNext Partners with Leadcom and Ferco for Global Cinema Seating Distribution Agreements
Apr 5, 2018 HARMAN Professional Solutions Helps CinemaNext Create An Immersive Cinematic Experience with Sphera Theater
Mar 7, 2018 CinemaNext Opens New Branch in Dubai, Appoints Francois Inizan as General Manager, Middle East & Africa
Feb 15, 2018 CinemaNext and Ezcaray International Reach Global Cinema Seating Distribution Agreement
Sep 6, 2017 Ymagis Group Announces Agreement with Village Cinemas for Sphera Premium Cinema in Athens
Aug 28, 2017 CinemaNext Opens New Offices in Dallas and Presents EclairColor HDR Solution in Conjunction with CinéShow USA
Jun 21, 2017 CinemaNext Announces Technology Licensing Agreement with Adaptive Technologies Group at CineEurope 2017
Apr 12, 2017 Ymagis Group to Launch Cinemanext North America with Texas-based Partner Cintech
Mar 28, 2017 CinemaNext Signs Agreement with French Cinema Circuit Megarama for 15 Screens Equipped with EclairColor
Mar 21, 2017 CinemaNext Announces New Premium Format Cinema Concept Sphera at CinemaCon 2017
Mar 15, 2017 CinemaNext and Eclair to Present New Revolutionary HDR Solution EclairColor at CinemaCon 2017 in Las Vegas
Sep 24, 2015 dcinex/Ymagis Group Installs First Sony SRX-R515DS Dual 4K Projection Solution in Germany at Cinecitta’ Multiplexkino Nuremberg
May 6, 2015 Ymagis Group Strengthens its Presence in Germany with Increased Services to Movie Exhibitors
May 5, 2015 Nordisk Film Biografer Illuminates New Multiplex in Copenhagen with Ultra-Bright Barco DP4K-60L Laser Projector
Jul 21, 2014 Ymagis Announces It Has Reached an Agreement to Acquire the dcinex Group
Jun 18, 2014 3000 VPF Screens in Europe… and Counting
Jun 17, 2014 JT Bioscopen Debuts Barco Laser-Illuminated Projection in the Netherlands
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