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VPF - and you close

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VPF - and you close

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TOPIC: VPF - and you close

VPF - and you close 28 Oct 2012 04:47 #39427

slapintheface OFFLINE Platinum Boarder Posts: 2729 Thank you received: 59	What happens to a VPF theater that closes???
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VPF - and you close 28 Oct 2012 05:07 #39428

Andrew Thomas OFFLINE Platinum Boarder Posts: 340 Thank you received: 29	Same thing that happens to a non-VPF theater.
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VPF - and you close 28 Oct 2012 15:05 #39430

slapintheface OFFLINE Platinum Boarder Posts: 2729 Thank you received: 59	Meaning to the obligation on the vpf contract..
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VPF - and you close 28 Oct 2012 19:06 #39432

leeler OFFLINE Platinum Boarder Posts: 1378 Thank you received: 34	my VPF (Cinedigm CBG) is transferable so if I were to sell it the new owner would receive VPFs. If I went out of business (perish the thought )then I would assume that the VPF stream would run out and nobody would get anything.
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VPF - and you close 29 Oct 2012 02:38 #39433

Andrew Thomas OFFLINE Platinum Boarder Posts: 340 Thank you received: 29	slapintheface wrote: Meaning to the obligation on the vpf contract.. The theater defaults on the contract, and the contract is void. Most of the VPF contracts I've seen have no financial penalty for breaking the contract.
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VPF - and you close

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