VGL vista group international limited

Ann: GENERAL: VGL: Vista Group Launches Vista Foundation

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    • Release Date: 26/02/15 15:07
    • Summary: GENERAL: VGL: Vista Group Launches Vista Foundation
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    					VGL
    26/02/2015 15:07
    GENERAL
    NOT PRICE SENSITIVE
    REL: 1507 HRS Vista Group International Limited
    
    GENERAL: VGL: Vista Group Launches Vista Foundation
    
    Media Release
    26 February 2015, Vista Group Launches Charitable Foundation
    
    AUCKLAND, NEW ZEALAND: Vista Group ('Vista') is pleased to announce the
    launch of the Vista Foundation and its inaugural program, the 'Vista Film
    Marketing Program', in partnership with the New Zealand Film Commission
    (NZFC).  The Vista Foundation's aim is to help film-makers learn the business
    side of film marketing.
    Vista Group Chief Executive Murray Holdaway says the Foundation is dedicated
    to growing and developing aspiring film-makers.  The Vista Foundation has
    received establishment funding from the founding shareholders of Vista Group
    and Vista Group itself has the intention to continue funding support in
    future years.
    "At Vista we are passionate about the New Zealand film industry and we want
    to help the next generation of feature film-makers launch their careers.
    Being a professional film-maker is about great writing and directing skills,
    about design and production but it's also about marketing and promotion,
    about maximizing the return on investment in the film being produced," says
    Holdaway.
    Roger Donaldson, producer and director of New Zealand classics Smash Palace,
    Sleeping Dogs and The World's Fastest Indian, as well as numerous Hollywood
    blockbusters such as The Bounty, Cocktail and No Way Out, will be the Patron
    of the Foundation.
    "When we made Sleeping Dogs, there was no Film Commission and we simply made
    it up as we went along. When I look back at that film, I'm amazed at what we
    created, but I also wish I knew then what I know now. Film-makers need to
    know how to seek out financing, how licensing and distribution works, how to
    speak to particular audiences as well as how to tell a good story. The
    Foundation will help them develop those skills and I'm honored to be asked to
    be the inaugural Patron." says Donaldson.
    Vista is working with the NZFC to deliver on the Foundation's promise. The
    NZFC, set up by the New Zealand government to foster film production in New
    Zealand, supports the Foundation and the two will work together on the Film
    Marketing Program.
    NZFC CEO Dave Gibson says the role the Foundation will play is an important
    one that currently isn't being addressed.
    "The Film Marketing Program has been created with input from industry
    stalwart, John Barnett, and will involve presentations and panel discussions
    from Kiwi's working in the international marketplace already. This is a
    long-term initiative on which we are pleased to be in partnership with the
    Vista Foundation. The Foundation's desire to be involved with the upskilling
    of the film industry in such a practical way is welcomed by the NZFC."
    Up to four filmmaking teams will be nominated by the NZFC for the programme,
    which beginning in 2015 will be held annually as a series of two day
    workshops over a three month period.
    
    ENDS
    
    About the Vista Foundation
    Vista Group is establishing the Vista Foundation with the aim of helping
    emerging film-makers better understand the business of film.
    The Vista Foundation will focus on helping to educate New Zealand
    film-makers, from building the vocations of writing, directing and producing
    through to providing support in the distribution and exhibition of New
    Zealand films. It will partner with other film industry organisations to
    develop New Zealand's film industry intellectual capital and to help emerging
    film-makers hone their skills.
    The first initiative sees the Foundation working with the NZFC to hold a
    series of workshops to help emerging producers, directors and writers better
    understand the importance of how they position their films to maximise
    returns on investment.
    Exclusively for film-maker teams with a feature film project at an advanced
    stage of development, the program offers three two-day practical workshops,
    over a three-month period.
    The program, run in conjunction with the NZFC, draws on the experience of
    professionals working in the film industry.
    The three workshops focus on key areas of the film making experience: The
    first looks at financing, licensing and distribution; The second workshop
    focuses on audience, marketing, release and exhibition strategies; and the
    last workshop involves the teams working directly on their own projects,
    culminating in the teams presenting to a Selection Committee.
    A maximum of four teams will be nominated for the workshop by the NZFC.  One
    team will receive a grant of up to NZ$75,000 towards the marketing and
    distribution of their film with the aim of successfully bringing a feature
    film project to market.
    
    About Vista
    Vista Group International Ltd (NZX: VGL, ASX: VGI) was formed in 2014
    building on the worldwide success of Vista Entertainment Solutions (VES) that
    provides cinema management solutions to cinema exhibitors. The Group offers
    software solutions to the wider film industry and comprises a portfolio of
    businesses.
    Visit www.vistagroup.co.nz
    Vista Group flagship company VES, was established in 1996 as a JV company
    between the (then) Village Force Cinemas and Madison Systems after Village
    commissioned a new ticketing system. After first installing Vista in NZ and
    Fiji, Village opened cinemas in Argentina and Vista was selected to be
    installed there. At this point a decision was made to re-architect the
    software so that it could easily be installed in different countries (with
    different tax laws, language and regulatory requirements). This fundamental
    change resulted in strategic advantage over all Vista competitors, with the
    same software able to be installed in diverse environments; India, China,
    Latin America, USA and Europe. Today VES holds close to 40% global market
    share of the Large Cinema Circuit Market (cinemas operating 20 screens or
    more), and its software is installed in over 60 countries.
    Visit www.vista.co
    
    Media Contact:
    Christine Fenby, Marketing Director, Vista Group Ltd, Auckland, NZ
    Tel +64 21 727 006, Email [email protected]
    End CA:00261191 For:VGL    Type:GENERAL    Time:2015-02-26 15:07:01
    				
 
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