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Auckland, NZ, London, UK—Aug 24, 2018

Vista Group Signs Multi-Year Contract Extension with Global Super Circuit – Cineworld

Vista Group International (‘Vista Group’ NZX & ASX: VGL), has signed a renewed and extended agreement with Cineworld Group plc (‘Cineworld’), which following its £2.4bn acquisition of USA-based Regal Entertainment Group (’Regal’) in March 2018, has become the world’s second largest cinema exhibition chain.

The new agreement continues the relationship in the existing Cineworld territories in which Vista is licensed and installed – the UK, Ireland and the USA, and extends the term for five years.  Now included are a wider range of Vista Entertainment Solutions (‘Vista Cinema’) products, as well as solutions provided by Vista Group companies - Movio, Numero and movieXchange Showtimes, which considerably expands the portfolio of complementary Vista Group products within the Cineworld super-circuit.

Kimbal Riley, Vista Group Chief Executive, is obviously delighted with the continuation of the long-standing relationship with Cineworld Group. “Vista Group has a unique and compelling suite of offerings for global super-circuits and we’re delighted that Cineworld has renewed our relationship and extended it to include new and exciting Vista products. It is testament to our product, to our people, and to the trust that we have built with Cineworld over a long period of time; these are the foundations of this new contract,” commented Mr Riley.

“Cineworld is a renowned global innovator in the exhibition sector and Vista Group and Cineworld will continue to work collaboratively on a number of initiatives to support and enhance that innovation.”

Cineworld Deputy Chief Executive Officer Israel Greidinger noted, “We have a long-standing relationship with Vista Group; their products and our collaborative engagement have delivered some outstanding innovation and excellent support for our global business. This new agreement will see us continue to build on that into the future.”
 
About Cineworld Group:
Cineworld Group plc was founded in 1995 and is now one of the leading cinema groups in Europe. Originally a private company, it re-registered as a public company in May 2006 and listed on the London Stock Exchange in May 2007. Currently, Cineworld Group plc is the only quoted UK cinema business.
Cineworld is an international cinema chain operating in ten different territories with 792 sites and 9,542 screens*.

 *As at 30 June 2018.

 

About Vista Group International: Vista Group International (Vista Group) is a public company, listed on both the New Zealand and Australian stock exchanges (NZX & ASX: VGL). Vista Group provides cinema management, film distribution and customer analytics software to companies across the global film industry. Cinema management software is provided by Vista Entertainment Solutions, the core business of the Group. Movio (authority in moviegoer data analytics), Veezi (cloud-based SaaS software for the Independent Cinema Market), Maccs (film distribution software), Numero (box office reporting software for film distributors and cinemas), Cinema Intelligence (business intelligence solutions), POWSTER (creative studio and marketing platform for movie studios) and Flicks (moviegoer ‘go to’ portal for movie information) provide products that leverage the success of this platform for  other parts of the film industry, from production and distribution, to cinema exhibition through to the moviegoer experience. Vista Group has more than 500 staff across offices in New Zealand (Auckland headquarters), Sydney, Los Angeles, Dallas, London, South Africa, the Netherlands, Romania and China. Vista Group International Directory page About Cineworld Group: Cineworld Group was founded in 1995 with its roots going back to 1930 through the combination with Cinema City in 2014. In December 2017, Cineworld acquired US cinema chain Regal Entertainment Group. Following completion of the deal in February 2018, the enlarged Group became the second largest cinema chain in the world, with 9,538 screens across the US and Europe. Cineworld is operating cinemas today in ten countries:  the US, the UK, Ireland, Poland, Romania, Israel, Hungary, Czech, Bulgaria and Slovakia, covering a market of approximately 500 million people. The acquisition of Regal provides Cineworld with a major presence in the US cinema market, the largest box office market in the world. Cineworld’s primary brands are Regal (in the US), Cineworld and Picturehouse (in the UK & Ireland), Cinema City (throughout Europe) and Yes Planet (throughout Israel).
 
We believe that the size, reach and quality of Cineworld’s theatre circuit provides its patrons with a convenient and enjoyable movie-going experience. We are committed to being ‘The Best Place to Watch a Movie!’ More information can be found at www.cineworld.com.
Cineworld Group Directory page

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