Reading Cinemas signs full circuit to Operational Excellence
Vista Group International Limited (NZX & ASX: VGL) has signed a new agreement with existing client Reading Cinemas to transition its full circuit to Operational Excellence and Vista Payments. The transition is set to run over the course of 2026 and 2027.
The agreement covers:
- 53 cinema sites (~400 screens)
- 17 sites in the United States
- 36 sites across Australia and New Zealand
A similar Australasian precedent is the HOYTS cloud deal, a six-year Operational Excellence agreement covering 60+ cinemas that extends a partnership of nearly two decades.
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Vista Group CEO on the Vista Cloud momentum
Stuart Dickinson, Chief Executive Officer
“This agreement reflects the increasing momentum we’re seeing from clients transitioning to Vista Cloud and unlocking greater efficiency, effectiveness, and more personalised guest experiences. It also highlights the continued execution of our strategy…”
Dickinson described the relationship with Reading Cinemas as long-standing and said Vista Group will work closely with Reading Cinemas as the transition progresses.
The Cinépolis Mexico agreement is the largest Operational Excellence commitment Vista has signed, covering 504 sites on a six-year term and built on an earlier 51-site pilot with Cine Yelmo in Spain.
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