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MULTIPLEX PRICING
Telangana theatre dispute exposes stress in single-screen economicsSingle-screen theatre owners in Telangana face financial crisis. They propose a revenue-sharing model to distributors. This comes amid weak...- The big screen’s back in spotlight as Rs 13,000 crore box-office revival fades OTT boomIndian cinema is back to prioritizing movie theaters. Films now stream much later after their big screen debut. This shift is driven by stu...
- PVR Inox shares slide 6% in two days despite strong Q4 earnings. Do Motilal Oswal, Nuvama see any upside?PVR INOX shares dipped despite a return to profitability in the March quarter, reporting a net profit of Rs 187 crore. Strong performance f...
- PVR INOX Q4 Results: Dhurandhar 2 success helps firm swing to Rs 187 crore net profit; revenue jumps 26% YoYPVR Inox Q4 Results: The company's revenue from operations surged 26% year-on-year to Rs 1,547 crore in the March-ended quarter versus Rs 1...
- Cap on movie tickets: HC declines to stay interim relief, but expands orderThe Karnataka High Court's division bench declined to stay a single judge's order that halted the state's Rs 200 movie ticket price cap. Th...
- HC stays Karnataka's Rs 200 price cap on movie tickets on plea from multiplexesThe Karnataka High Court has granted a significant reprieve to multiplexes by staying the State government's notification that capped movie...
- Cinemas concerned over Karnataka price-cap proposal, fear other states may follow suitPVR INOX chief Pramod Arora warned that enforcing such a cap could negatively impact the state's tax revenue. "If this rule is implemented ...
- 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...
- Film Producer Tutu Sharma to launch multiplex chain Citara in tier-II and tier-III citiesFilm producer Tutu Sharma is launching Citara, a multiplex chain targeting tier-II and tier-III cities in India. The chain will offer ticke...
- Higher F&B revenue of little help to multiplexes if movies fail to impressThe share of food and beverage (F&B) revenue in the total revenue generated by key multiplexes has been increasing amid falling footfalls a...
- Small towns to drive multiplex companies' growthIn tier-II and tier-III cities, multiplexes may introduce ticket pricing in the range of ₹50-150. Analysts expect 15-20% incremental box of...
- Anticlimax? Why the humble popcorn can hit the growing multiplex industry hardThe end of prohibition on outside food will come as a big dampener for the entire multiplex industry.
- Multiplexes cannot prohibit outside food articles: Maharashtra governmentGovt said strict action would be taken against multiplexes who prohibit people from bringing food from outside.
- Food should be sold at regular prices in theatres: High CourtA division bench of justices S M Kemkar and M S Karnik was hearing a PIL filed by city resident Jainendra Baxi, challenging the prohibition...
- We are not up for sale: Siddharth Jain, Inox LeisureSiddharth Jain, director, Inox Leisure, also exhorted governments to reduce electricity and real estate prices before capping ticket prices.
- Film tickets still priced above Rs 200; online portals, multiplexes flout Karnataka government's ruleThe maximum rate of Rs 200 per head is applicable to films of all languages. The restriction, however, will not apply to gold-class screens...
- Multiplexes may screen T20 matches to keep the cash registers ringingStuck in a logjam with movie producers over revenue share, some of the large multiplex players have initiated talks with sports broadcaster...
- Pritish Nandy to foray into multiplexesPritish Nandy Communications is foraying into the multiplex sector and plans to invest about Rs 150 crore.
- INOX opens four-screen multiplex in ChennaiMultiplex chain, INOX Leisure has entered Chennai’s thriving box-office market.
- PVR to open 2 new multiplexes in Maha tomPVR Ltd on Thursday said it will open two new multiplexes in Maharashtra tomorrow.
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