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MULTIPLEX NEWS
PVR, Inox Leisure rally up to 7% as CCI rejects complaint against proposed mergerCCI on Tuesday rejected a complaint against the proposed merger of multiplex chains PVR and INOX Leisure, saying apprehension of likelihood...
Multiplexes set for a blockbuster performance on strong movie line upThe topline growth is expected to pick up for multiplexes in the second half of the current fiscal year given a large number of big-budget,...
PVR-Cinepolis merger gets show time rightAccording to reports, the merger is likely to be announced by the end of March 2022. The merged entity will own close to 60% of the total m...
Cinema industry fears losses as Delhi order closure amid rising Covid casesOn Tuesday, the Delhi government ordered the closure of cinema halls, multiplexes, and theme parks in the region under the Graded Response ...
Market Movers: Resurgent Covid brings tailwinds for healthcare stocksShares of healthcare stocks – pharma companies and diagnostic companies – jumped in trade today as the government got into battle mode to s...
Inox Leisure Q4 results: Reports net loss of Rs 94 crRevenue from operations declined 75.66 per cent to Rs 90.44 crore during the quarter under review as against Rs 371.58 crore in the corresp...
Multiplex stocks ready to sing in the rainAnalysts said while some business is better than businesses being shut since March, there is still a long way to go for a return to normalc...
PVR takes cost reduction steps; plans to raise Rs 300 crore via rights issueClosure of screens during the lockdown will have a significant negative impact on profitability and liquidity.
Indians can’t get enough of HollywoodOver the past five years, data from various sources such as EY, BookMyShow, Ormax Media, B&K research and industry estimates show that Hind...
'Chhapaak' row: Delhi HC upholds trial court orders, restrains screening from Jan 15 if credit not restoredThe court directed the film's makers to give credit to lawyer Aparna Bhat.
PVR, Inox Leisure stocks continue to drop amid uncertainty over allowing outside food in multiplexesEven though the government hasn’t issued a notification or official intimation yet, investors are feeling the jitters.
Multiplexes cannot prohibit outside food articles: Maharashtra governmentGovt said strict action would be taken against multiplexes who prohibit people from bringing food from outside.
Any price curbs on popcorn bad news for multiplex companiesRevenues from the F&B segment for multiplex leader PVR for FY17 stood at Rs 580 crore.
INOX Leisure remains top wealth-creating idea; target Rs 307: Hemang JaniThe operator accounts for about 23 per cent of the total multiplex screens in India; it is looking for an inorganic route to grow, says Jan...
Decision on Marathi films taken by previous government: Arun Jaitley"I understand this was a decision taken 10 years ago. Only that news channels realised it yesterday when somebody reaffirmed it," Jaitley s...
- Union Budget 2012-13: Entertainment industry seeks relief from high tax rates
With the government slated to announce the implementation of the Goods and Services Tax (GST) in the Union Budget 2012, the entertainment i...
- Maharashtra taking steps to improve voter turnout
In the 2009 Lok Sabha polls, the percentage touched a low of 54%. Mumbai was even worse with only 44% turnout.