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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 00:47 #39427

slapintheface OFFLINE Platinum Boarder Posts: 2224 Thank you received: 7 Karma: 36	What happens to a VPF theater that closes???
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VPF - and you close 28 Oct 2012 01:07 #39428

Andrew Thomas OFFLINE Senior Boarder Posts: 64 Thank you received: 4 Karma: 1	Same thing that happens to a non-VPF theater.
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VPF - and you close 28 Oct 2012 11:05 #39430

slapintheface OFFLINE Platinum Boarder Posts: 2224 Thank you received: 7 Karma: 36	Meaning to the obligation on the vpf contract..
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VPF - and you close 28 Oct 2012 15:06 #39432

leeler OFFLINE Platinum Boarder Posts: 1287 Thank you received: 10 Karma: 11	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.
	"What a crazy business" The administrator has disabled public write access.

VPF - and you close 28 Oct 2012 22:38 #39433

Andrew Thomas OFFLINE Senior Boarder Posts: 64 Thank you received: 4 Karma: 1	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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