Adlabs signs agreement with Rave Entertainment
Anil Ambani group entertainment company Adlabs has entered into an agreement with Rave Entertainment to acquire the right to conduct cinema exhibitions at its 23 screens in North India for an undisclosed amount.
By PTI |
NEW DELHI: Anil Ambani group entertainment company Adlabs has entered into an agreement with Rave Entertainment to acquire the right to conduct cinema exhibitions at its 23 screens in North India for an undisclosed amount.
Rave entertainment owns one multiplex in Kanpur, while it has six more projects under implementation in NCR, Uttar Pradesh, Punjab and Haryana totalling to 23 screens, Adlabs said in a statement here on Wednesday.
"By the end of March 2008, we will have a presence in 70 cities, spread over all significant film territories that contribute over 80 per cent of the domestic box-office collections," Chairman and Managing Director Adlabs Films Manmohan Shetty said.
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