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MULTIPLEX BUSINESS TODAY
PVR INOX’s Marriott moment: How a theatre giant is rewriting the cinema playbook in India with a new-age expansion modelPVR INOX Marriott model strategy: PVR INOX is shifting to a Franchise Owned, Company Operated model. This strategy seeks to expand its mult...- Dhurandhar 2: Why even a blockbuster is not bulletproof; PVR INOX's Pramod Arora bets on better theatresPramod Arora on Blockbuster Dhurandhar and Multiplex: PVR INOX is expanding into tier-2 cities like Agra. The company believes a good cinem...
- If tax on popcorn is a worry, try munching them in a movie hall. Thankfully, things may changeThe Indian government increased GST on caramel popcorn from 5% to 18%. This sparked discussions about the high cost of snacks in multiplexe...
- Wave Group to invest Rs 100 crore to expand film exhibition businessWave Group has businesses across verticals such as commercial and residential real estate, malls and multiplexes, residential township & la...
- Shops, businesses in Tamil Nadu's Coimbatore can operate till 10 pmRestrictions have been lifted following the declining number of fresh and active Covid-19 cases in the district. The district administratio...
- Theatres reopened but workers continue to suffer due to low footfallsFor some, there has been a pay cut since the lockdown happened. Many others have just lost their jobs and are waiting for new opportunities...
- Covid or not, Sandip Sabharwal is still bullish on Inox'If you think things will be back to normal in 2021, then go for deep value cos.'
- Recreation, leisure and luxury stocks may take longer to recoverAnalysts have drastically cut earnings growth estimates of key companies in these sectors.
- Regional cinema needs to be encouraged, says Shah Rukh KhanThe govt had earlier issued a directive making it mandatory for multiplexes in the state to screen Marathi movies during prime time slots o...
- Reliance MediaWorks-Carnival Films deal gets CCI clearanceThe proposed transaction will reduce R-Capital's overall debt by Rs 700 cr & is part of Reliance Capital's strategy to exit minority invest...
- Vatika Group ties up with PVR to open 26 screens in three townshipsIn a statement, Vatika Group announced "its tie-up with PVR to open and operate 26 multiplex screens in three of Vatika Group's townships".
- Large multiplex operators vie for hinterlands as business from non-metros risesThe trend of big-ticket acquisitions began with Inox Leisure acquiring Fame India, which has presence in non-metro regions in the eastern a...
- Cinepolis to invest Rs 1,000 crore to touch 400-screen markMexico-based cinema multiplex chain Cinepolis, which runs 96 screens in India, plans to invest around Rs 1,000 crore to have 400 screens.
- PVR sells Anupam Complex for Rs 52 cr, leases it backMultiplex operator PVR today said it has entered into an agreement with an undisclosed buyer to sell its Anupam cine-complex in South Delhi...
- Maharashtra government offers sop to single-screens, rate cap to multiplexesMaharashtra Government today decided to give them a 7-year holiday on entertainment tax, and also set a cap of Rs 200 for multiplex tickets.
- CCI approves merger of Fame India, three arms with Inox LeisureFair trade regulator Competition Commission of India (CCI) today said it has approved the merger of Fame India Ltd and its three subsidiari...
- SRS group to invest Rs 50 cr to add 23 more screensSRS Multiplex, a division of SRS group, would invest Rs 50 crore to add 23 more screens, taking its strength to 50 by the end of this year.
- Tough time for single-screen exhibitorsWhile the film industry is scripting new success stories, exhibitors of the single-screen variety are finding survival tough.
- PVR's Ajay Bijli changes movie-going experienceWith the country’s first multiplex, PVR’s Ajay Bijli changed the movie-going experience for all of us.
- Multiplexes ignoring Hollywood tunesSo, if you missed your favourite telly-cartoon-show-turned-film, The Simpsons Movie, on the multiplex screens across the country, blame it ...
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