Digital Funding Partnership (DFP), the UK entity formed to provide VPF financing of digital projectors for independent exhibitors in UK and Ireland, announced that it has contracted with XDC to provide funding and systems. DFP is led by former UK Film Council exec Steve Perrin. DFP differs substantially from the US-based CBG in that it is a stand-alone organization where administrative salaries are paid by member dues. XDC was selected following a period of substantial investigation and interview with all deployment entities in Europe.
Former Cinedigm chairman Bud Mayo announced the formation of his new all digital cinema chain Digiplex Destinations. The circuit will be built through acquisition, with a target of 100 screens. Three sites have been acquired totaling 19 screens, with 9 more sites planned. NCM will provide the preshow, and Barco the projectors. Bud left his post at Cinedigm in June 2010.