AUCKLAND, NEW ZEALAND and BERLIN, GERMANY--(Marketwired - June 21, 2017) - Vista Group International (NZX: VGL) (
Yorck Kinogruppe is the largest cinema association in Berlin with 12 theatres and an open-air cinema. The theatres show a cross-section of films in some of Berlin's most revered buildings, many of which have been saved from destruction and restored through the efforts of Yorck Kinos. Vista Cinema and Movio will be installed first in Yorck Kinogruppe's new theatre venue, a seven-screen arthouse in the heart of Berlin, set to open this autumn.
"The opportunity to work with a Berlin exhibition institution like Yorck Kinogruppe is special for us," says Murray Holdaway, Group CEO of Vista. "Combining the strengths of Vista Cinema and Movio has proven a winning combination for many of our exhibition customers around the world and we very much look forward to ensuring that Yorck Kinos and its moviegoers are similarly delighted."
"Our projected partnership with Vista Cinema and Movio is a testament to the innovative spirit of the cinema industry," said Christian Bräuer, CEO of Yorck Kinogruppe. "Together with partner cinemas, we seize the opportunities of the digital world within the German cinema market. Our goal is to reinforce the connection between film and audiences. We hope through Movio to obtain an exceptionally innovative marketing tool that helps us transfer our knowledge of film and our tight relationship with our customers into the digital world. We want to please our savvy young audiences even more and customize offers to our members and cardholders, providing a better service by creating a seamless and attractive cinema experience."
Movio Cinema, Movio's flagship product, holds comprehensive marketing data covering 55 percent of cinema screens of the Large Cinema Circuit in North America and 28 percent globally accounting for 38+ million active moviegoers.
"We are thrilled to have Yorck Kinogruppe on board soon as a Movio customer," said Sarah Lewthwaite, Movio Managing Director, SVP, EMEA. "There is so much untapped potential in its database and we are confident that Movio Cinema will empower Yorck Kinos to deliver upon its vision of a highly targeted, relevant and measurable e-communications strategy."
"This investment demonstrates our determination to face the challenges of the digital world and embrace the future at the doorstep of our 40th anniversary in 2018," added Georg Kloster, Founder & Manager of Yorck-Kino GmbH.
The signing of the LOI was also hailed by Mischa Kay, Managing Director, Vista EMEA: "This is a significant signing for Vista Cinema representing major movement into the very extensive German cinema exhibition market. Working with Yorck Kinogruppe's innovation-centric team fits with all that is dear to Vista Cinema and will be a tremendously exciting collaboration."
About Yorck Kinogruppe:
Originally founded in 1978, Yorck-Kino GmbH is one of Berlin's biggest cinema operators, with 12 cinemas and an open-air cinema. Yorck Kinogruppe is a proudly independent chain which believes in putting on fantastic films in state-of-the-art cinemas with superb screens, first-class sound and comfortable seating for customers. Many of its cinemas host international premieres and screenings at the prestigious Berlin International Film Festival.
From great theatre palaces to charming small theatres, Yorck Kinogruppe offers the complete art house cinema experience. http://www.yorck.de
Twitter: @Yorck_Kinos
About Vista Group International:
Vista Group International (Vista Group) is a public company, listed on both the New Zealand and Australian stock exchanges (NZX: VGL) (
Website: www.vistagroup.co
LinkedIn: www.linkedin.com/company/vista-group-limited
About Vista Entertainment Solutions:
Vista Entertainment Solutions Ltd (VES) is the world-leader in cinema management software solutions with installations in over 70 countries across all continents and an estimated 38% global market share in the Large Cinema Circuit market. The Vista software product line is suited to cinema exhibitors operating 20+ screens and up to 100s of cinemas; it comprises a fully inter-connected suite of software modules required to deliver optimal box office return, total cinema management, and internal and external analysis and reporting. VES is head-quartered in Auckland, New Zealand and has subsidiaries incorporated in Los Angeles, London, Capetown and Shanghai.
Website: www.vista.co
Twitter: @VistaCinema
LinkedIn: www.linkedin.com/company/vista-entertainment-solutions
About Movio:
Movio is the global leader in marketing data analytics and campaign management software for cinema exhibitors, film distributors and studios around the world. A company of Vista Group International Ltd (NZX: VGL) (
Website: www.movio.co
Twitter: @MovioHQ
LinkedIn: www.linkedin.com/company/movio
Contact Information:
Press Contacts:
For Vista Group
US: Maggie Begley/MBC
+01 310.390.0101
maggie@mbcprinc.com
Christine Fenby/VGL
(M) +64.21.727.006
christine.fenby@vista.co
For Yorck Kinogruppe
Katja Schubert
+49.30. 212. 980.78
schubert@yorck.de