Cinedigm Reaches Long-Term VPF Deal with Zyacorp

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Mon, 02/13/2012 - 19:00 -- Nick Dager

Cinedigm Digital Cinema has reached a long-term virtual print fee deployment agreement with Zyacorp Entertainment’s Cinemagic Stadium Theaters. The agreement will enable the conversion of Cinemagic’s theatres to digital cinema under the terms of Cinedigm’s long-term agreements with all the major studios.  This Cinedigm-financed conversion will deploy 79 Cinedigm-Certified screens across seven sites with completion expected by summer 2012. Zyacorp is a member of the Cinema Buying Group a buying program formed by the independent theatre operators of the National Association of Theatre Owners to find cost-effective solutions for converting theatres from film to digital projection.  Cinedigm is the digital cinema integrator partner for the CBG. “We strive to provide our customers a state-of-the-art family entertainment venue and our commitment to digital cinema further demonstrates this promise ” says Mark Adam president Zyacorp. “We are confident in the outstanding service that Cinedigm provides and we look forward to a mutually beneficial relationship.” “Cinemagic has been very diligent in evaluating their digital cinema options and we’re thrilled we were able to create a solution that works for them ” says Gary Loffredo Cinedigm’s president of digital cinema services.  “We look forward to sharing the benefits of digital cinema with Mark and his team.”