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MOVIE EXHIBITION BUSINESS
Word of the Day: NefelibataWord of the Day: Modern life often encourages people to value efficiency and productivity above all else. Nefelibata serves as a reminder t...- In trial pitting him against Elon Musk, nobody has more to lose than OpenAI CEO Sam AltmanAa a high-stakes trial pits Elon Musk against Sam Altman, the OpenAI CEO is facing intense scrutiny over his leadership. Testimony reveals ...
- PVR Inox shares tumble 14% in four months while Dhurandhar films earn over Rs 2,000 crore: What's spooking investors?Despite the massive success of the 'Dhurandhar' film franchise, which has grossed over Rs 2,000 crore, PVR Inox shares have seen a signific...
- Kanakia Group arm Cineline India sells hotel property in Goa for Rs 270 croreCineline India sold its Hyatt Centric hotel in Goa for Rs 270 crore to reduce debt and fund expansion. The company aims to achieve a debt-f...
- The cycle of disruption: As pandemic alters movie-watchers’ habits, multiplex earnings to take a knockThe company that owned the Walkman brand (synonymous with portable music devices) was nowhere to be found by the time Apple’s iTunes became...
- DLF signs definitive agreements to sell DT Cinemas to PVR for Rs 500 crore“This acquisition is in pursuance of our core strategy to offer a world-class cinema experience to the discerning Indian consumer,” said Bi...
- PVR ends in red after rallying over 5% on DT Cinemas buyPVR Ltd pared gains after rallying as much as 5.5 per cent in trade on Wednesday, after company agreed to buy DT Cinemas.
- Inox in talks to buy Satyam CineplexesAccording to sources, Inox is in talks with Satyam Cineplexes to acquire its movie exhibition business.
- PVR Q2 profit up 12.8% at Rs 16.14 crFilm exhibition and distribution firm PVR today posted a 12.86 per cent increase in consolidated net profit at Rs 16.14 crore for the quart...
- Entertainment company PVR eyes 300 screens in 3 yearsEntertainment company PVR is looking to double its number of multiplex screens in the next three years as it touches the 150-screen mark.
- PVR buys out JP Morgan, India Advantage Fund from group firmPVR Ltd on Tuesday said it has bought out JP Morgan Mauritius Holdings and India Advantage Fund from a group firm.
- Multiplexes expect flop show in Q4Multiplex chains are bracing to end the current quarter with an exceptionally low business as occupancies have been lower than expected due...
- PVR to invest Rs 250 cr in biz expansionWith the standoff between multiplexes and production houses over, PVR’s expansion plans are back on track. The multiplex major plans to inv...
- Big Cinemas forays into the NetherlandsBIG Cinemas, India's largest multiplex chain with 202 screens, has partnered Dutch firm Pathé Theatres for setting up three screens in the ...
- Pak allows Bollywood flick 'Welcome' in theatresPakistan government has shown signs of softening its stance on the long-standing ban on screening of Indian films by allowing the release o...
- Manmohan Shetty to quit as Adlabs CEOManmohan Shetty, the Bollywood veteran and pioneer who built a powerful processing and multiplex business in Adlabs, has offered to step do...
- Plus for the plexesThe movie exhibition industry is operating on very high margins, despite the fact that it has fallen over the last one year.
- Pritish Nandy to foray into multiplexesPritish Nandy Communications is foraying into the multiplex sector and plans to invest about Rs 150 crore.
- Adlabs, MTV to produce 3 filmsAnil Dhirubhai Ambani Group-owned Adlabs Films has entered into a co-production deal with Viacom’s MTV Networks for making youth-centric mo...
- Kishore Biyani looks at a filmy FutureApart from investing in films, Future Group is likely to enter the cinema exhibition business.
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