Vista Group International Limited logo

Movio Cinema Study Shows Box Office Increase

Operational Update3 April 2019VGLInformation Technology

____________________________________________________________________________________________
Vista Group International Ltd, L3, 60 Khyber Pass Road, Newton, PO Box 8279, Symonds St, Auckland 1150, NZ








Market Announcement


03 April 2019, Vista Group International Ltd, Auckland, New Zealand



New Study Reveals Movio Clients Achieve Global Revenue Increase

in Excess of $USD220m


Movio, a Vista Group company, has recently completed a study which quantifies the increase in

Box Office achieved by cinema exhibitors using Movio Cinema. The attached press release

describes the results of this study, which supports the guidance provided by Vista Group during the

recent 2018 results announcement.



Brian Cadzow

Executive Director

Vista Group International Ltd

Contact: +64 21 746 573


NEW STUDY REVEALS MOVIO CLIENTS ACHIEVE REVENUE INCREASE IN EXCESS

OF US$220 Million

Methodology Validated by Harvard Statistics Expert


[LOS ANGELES, CA; April 3

rd

, 2019] – Movio, the global leader in data analytics and marketing solutions

for the film industry, has released new research showcasing the effects of targeted marketing to

moviegoers using their tools. Results show significant increases in cinema admissions and revenue due

to the use of Movio Cinema worldwide.


Harvard Professor, Donald B. Rubin has confirmed cinema exhibitors using Movio Cinema collectively

experienced a USD227 million incremental box office revenue uplift in 2018. The analysis showed that

moviegoers receiving direct communication via Movio Cinema increased visitation by 0.89 visits per

Moviegoer. As moviegoers attend with family and friends, this resulted in 1.96 extra admissions, leading

to an increase of USD16.61 in box office revenue, per moviegoer.


The average cinema exhibitor using Movio Cinema has 730,000 moviegoers in their database, equating

to a total annual box office revenue uplift of USD12.1 million dollars for each exhibitor. The study

determined that global box office uplift in 2018 across all exhibitors, utilizing the Movio Cinema

platform, was USD227 million plus an additional USD97 million in concessions.


Using the theory of Causal Inference, an Observational Study was designed to model moviegoers’

behavioral and spend patterns. The methodology incorporated up-to-date thought leadership and state-

of-the-art machine learning techniques to quantify the effects of targeted marketing using Movio

Cinema. The methodology used has been verified by Professor Donald Rubin, Emeritus Professor of

Statistics, Harvard University, internationally recognized as a leader in the fields of Statistics and Causal

Inference.


“At Movio, we wanted to definitively measure the visitation and revenue uplift that exhibitors experience

when incorporating Movio Cinema into their marketing strategy,” says William Palmer, Movio’s Chief

Executive and Co-Founder. “This required an independent assessment of the findings and there was no

one more qualified than Professor Rubin, one of the leading statistical experts in the field.”


“Professor Rubin’s validation of our results suggests Movio’s software presents an exciting opportunity

for the cinema industry. The application of data analytics in marketing decisions, whether by a studio or

by an exhibitor, is now a proven way to grow box office revenue. Our goal is to continue to develop
innovative solutions that deliver increased box office success.”


Professor Donald B. Rubin says “State-of-the art statistical Casual Inference methods, were updated to

take advantage of modern computational advances, such as those used in current machine learning

approaches, and then applied to Movio’s global moviegoer database, which contains billions of email

communication events. This application numerically quantified Movio’s estimated impact on the cinema

industry.”

“The objective nature of the evaluation plan means the results could have actually turned out negative

for Movio, but instead these results strongly support the value that Movio’s approach can provide to

both its clients and the industry as a whole.”


About Professor Donald B. Rubin

Professor Rubin is the inventor of the “Rubin Causal Model,” the co-inventor of “Propensity score”

methods for estimating causal effects from non-randomized data, the co-inventor of the “EM” family of

machine learning algorithms, the inventor of “Multiple Imputation” for missing data, and many other

similar techniques. His work has garnered more than a quarter million citations, according to Google

Scholar, and googling him and his inventions creates more than 25 million hits.

About Movio

Movio is the global leader in marketing data analytics and campaign management solutions,

revolutionizing the way the film industry interacts with moviegoers. Movio supports the world’s most

comprehensive source of moviegoer data and the company’s investment in data science and machine

learning has produced market-leading technologies that redefine the possibilities of movie marketing.

Movio empowers marketers to connect moviegoers with their ideal movie via online and offline

channels, and link campaign data with actual ticket purchases to close the loop and measure campaign

effectiveness. Movio is a company of Vista Group International Ltd (NZX & ASX: VGL).

movio.co

Twitter: @MovioHQ

LinkedIn: www.linkedin.com/company/movio

About Vista Group International:

Vista Group International (Vista Group) is a public company, listed on both the New Zealand and

Australian stock exchanges (NZX & ASX: VGL). The Group provides software and additional technology

solutions across the global film industry. Cinema management software is provided by Vista Cinema, the

core business of the Group. Movio (authority in moviegoer data analytics), Veezi (cloud-based SaaS

software for the Independent Cinema Market), movieXchange (connecting the movie industry to

simplify the promotion and sale of movie tickets), Maccs (film distribution software), Numero (box office

reporting software for film distributors and cinemas), Cinema Intelligence (business intelligence

solutions), Powster (creative studio and marketing platform for movie studios) and Flicks (moviegoer ‘go

to’ portal for movie information) provide an innovative range of complementary products across
additional film industry sectors, from production and distribution, to cinema exhibition through to the

moviegoer experience. Vista Group has offices located in New Zealand (Auckland HQ), Sydney, Los

Angeles, London, Shanghai, Beijing, Mexico City, South Africa, the Netherlands and Romania.

www.vistagroup.co

LinkedIn: www.linkedin.com/company/vista-group-limited

All media enquires:

Los Angeles, US: Maggie Begley/MBC at Maggie@mbcprinc.com; +1 310 390 0101

Auckland, NZ: Holly Jones at holly@movio.co

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.