dcinexTM (Belgium) and Cinema Next (UK) today announced that they entered into an agreement leading dcinexTM to own 51% of Cinema Next; which will become dcinex UK.
As a result of this agreement, Cinema Next will extend its range of activities and become the Exhibitor Services arm of dcinex in the UK. The company will also become the flagship of the new consulting business of dcinexTM in Europe.
The company will start its exhibitors' direct sales, support and maintenance operations in the UK as of January 2013. Keith Pullinger, currently Director of Cinema Next, will become Country General Manager and Director of dcinex UK.
Joining dcinex will give us the unique opportunity to support our clients from initial advice through to execution and beyond explained Keith Pullinger. On his side, Till Cussmann, VP Exhibitor Services of dcinexTM, mentioned: Thanks to Keith and the field operations team we are setting in place in the UK, we will be able to better serve our existing UK clients and extend our footprint in the country.
In parallel, John Sullivan, currently Cinema Next Director, will reinforce dcinexTM management structure as Head of Consulting activities and Director of dcinex UK. His role will be to grow the current consulting business of Cinema Next outside the UK, leveraging the dcinexTM client base.
We have been advising Real Estate firms and Exhibitors to improve cinema design and operations for more than a decade now. We are happy to join with dcinex to grow that business throughout Europe said John Sullivan.
Having already collaborated with Cinema Next to equip cinemas in Romania, Serge Plasch, CEO and Managing Director of dcinexTM claimed We are delighted that the Cinema Next team joins dcinex. This transaction is clearly a major step for dcinex as it will enable our existing UK clients to get direct support from dcinexTM. On top, leveraging the consulting know how of Cinema Next will open another growth avenue for dcinexTM.
Within this new structure, David Pope - assisted by Zoe Birch - will continue to serve dcinexTM as Head of VPF UK/IE.
About dcinex
dcinex is the leading Pan-European provider of fully integrated and best in class solutions for movie operations. dcinex operates two main business lines across Europe: Exhibitor Services and Content Services. dcinex Exhibitor Services provides end-to-end solutions for movies theatres, from equipment financing, commercialization and deployment to training, maintenance and support services. dcinex Content Services offers a complete range of post-production, mastering and transcoding services, as well as Pan-European physical and electronic delivery, digital rights management and alternative content.
About Cinema Next
Cinema Next is a London-based limited company active in UK and across Europe, The company advises cinema operators, local authorities, real estate firms and corporate investors on all aspects of the cinema and wider leisure sectors.. Among the commercial services, Cinema Next provides market research, feasibility studies, cinema design and lay-out, project management, M&A due diligences, brand developments, expert witness, Beyond this, Cinema Plus a division of Cinema Next offers on screen education content to exhibitors.
Contact:
Mrs. Camelia Vajeu Marketing and Communication Officer
Tel: +32 4 364 12 70
Email: camelia.vajeu@dcinex.com
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dcinexTM (Belgium) and Cinema Next (UK) today announced that they entered into an agreement leading dcinexTM to own 51% of Cinema Next; which will become dcinex UK.
