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Cinema Buying Group (CBG)

January 2009 by Michael Karagosian

CBG told members at ShowEast that it didn’t have a financing option that would include 2nd run theatres. Inclusion of everyone in the deal being the original mantra for CBG, this sudden shift in direction had the potential to cause much upset. Fortunately, the problem of including everyone now appears to be resolved. A revised financial model based on weekly print fees, or WPFs, is said to generate enough money to recoup Cinedigm’s equipment purchases for all members. The plan still has to be sold to studios, however.

Filed Under: Deployment Entities, Trade Organizations and Shows Tagged With: CBG, Cinedigm

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