Europa Distribution supports Lord Smith’s position on VPF

We welcome the publication this January of the Review of Progress on the Film Policy Review, report on the UK film industry achieved 2 years ago by an independent panel led by Lord Smith. We especially support the panel’s position on the VPF issue in the UK. In particular, it is to be noted that the panel encourages the BFI to lead a task-force in order to facilitate negotiations on VPF between distributors and third party consolidators.…

“The VPF System – Distributors’ Feedback – Will the VPF ever vanish?” by Birgit Heidsiek

Due to the digitization of the cinemas and the consequent introduction of the VPF system the whole business model for distributors and exhibitors has changed tremendously. That is the bottom line which is experienced all over Europe. In some countries where industry representatives created their own VPF system that is supported by independent distributors, the digital transition worked out more smoothly. In other countries where exhibitors have to face a lack of financing for the…

“The VPF System – Exhibitors’ Feedback – The terms of transparency” by Birgit Heidsiek

The financing of the digital equipment is a matter of survival for the exhibitors. While some industry representatives in countries such as Germany, Austria and Switzerland figured out VPF systems for the independents, many theatres in Europe had to close deals with third parties in order to secure their existence. Due to their lack of financing they went for this new business model – with all the according terms of transparency. “All our screens have…