Megaplex Signs Long-Term VPF Deal

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

Cinedigm Digital Cinema has announced a long-term virtual print fee deployment agreement with Megaplex Theatres. Megaplex will be providing its own financing in the Cinedigm exhibitor-buyer deal structure.   The rollout comprises 90 screens at six Megaplex locations; the majority of installations should be completed by summer 2012. “After extensive research and evaluation of our options we are thrilled to be working with Cinedigm on this conversion to digital ” says Blake Andersen of Megaplex Theatres. “Our guests expect the very best from Megaplex and we know they will immediately experience the benefits of digital cinema.” “Megaplex has a reputation for outstanding performance both technically and operationally ” says Gary Loffredo Cinedigm’s president of digital cinema services.  “We are exceedingly proud now to be able to call Blake and his team our newest exhibitor partner.” Cinedigm www.cinedigm.com Megaplex Theatres www.MegaplexTheatres.com