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TOPIC: VPF - and you close

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

  • slapintheface
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What happens to a VPF theater that closes???
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VPF - and you close 28 Oct 2012 05:07 #39428

  • Andrew Thomas
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Same thing that happens to a non-VPF theater.
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VPF - and you close 28 Oct 2012 15:05 #39430

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Meaning to the obligation on the vpf contract..
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VPF - and you close 28 Oct 2012 19:06 #39432

  • leeler
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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 :whistle: )then I would assume that the VPF stream would run out and nobody would get anything.
"What a crazy business"
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VPF - and you close 29 Oct 2012 02:38 #39433

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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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