Page 2 - Indian Multiplexes

100% occupancy will be allowed in theatres from Feb 1: Prakash Javadekar

Adequate physical distancing, mandatory face masks and sanitisation of auditorium after every screening are among the latest SOPs issued by the Ministry of Information and Broadcasting on Sunday

Bollywood, reeling from coronavirus pandemic, shifts to streaming

India's film industry, which relied on theatrical releases, is experimenting with going straight to streaming services such as Amazon, Netflix and Disney's Hotstar.

After weak Diwali footfall, multiplexes pin hopes on December releases

Conversations with multiplex operators reveal that producers remain wary of releasing their films this month.

Multiplex stocks climb as Maharashtra allows movie theatres to reopen

The state accounts for a fifth of the screens for PVR and Inox Leisure

Multiplexes get the go-ahead, but dark cloud still hangs over silver screen

Filmmakers are not expected to be in a hurry to release movies in the October-November period, implying the quarter will hardly come to the rescue of theatre owners

Unlock 5: Govt permits cinemas, pools to reopen in Oct; issues new rules

Business to Business (B2B) Exhibitions will be permitted and SOP will be issued by the Department of Commerce

Near-term uncertainty in demand, costs to keep PVR stock under pressure

While lower costs are positive, cash burn may remain high even after resumption

Despite empty theatres due to Covid-19, multiplex stocks bounce back

Theater operators PVR Ltd. and Inox Leisure Ltd. have rebounded about 50% since May, after at least three consecutive months of losses

In pics: Exhibitors disappointed as cinema shutdown continues in Unlock 3.0

The government's decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said

Unlock 3.0: Not opening multiplexes to impact millions of jobs, says MAI

"We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown," MAI Member Alok Tandon said

Less than 50% occupancy not viable, won't open: Theatre owners to govt

The government is preparing new guidelines for further relaxation of restrictions from August 1

This is not like a one-quarter hit; it will take time: PVR chief Ajay Bijli

At a cinema level, we haven't laid off people but senior employees have taken a 50 per cent salary cut while others have taken a cut anywhere between 10 and 25 per cent, the chairman said

Multiplexes' revenue may be hit by up to 25% amid coronavirus spread

According to sources, the box office collections of Angr­ezi Medium dropped by 25% on Saturday.

Rewriting the script: Tech, wider footprint boost multiplexes' growth story

The box office collections in financial year 2018-19 grew by 14.7 per cent to stand at Rs 12,940 crore domestically, while the collections from the overseas markets rose by 16.1 per cent

Multiplex chains on overdrive to add screens next financial year

Leading multiplex chain owner PVR Cinemas, which opened 83 screens during 2019-20, has now set a target of 120-130 screens for the next FY

PVR remains an outlier amid slowing consumption with strong Q2 results

Highest-ever footfalls with good content leads to 35-37 per cent growth in topline and net profit

Unnerved by Reliance Jio offer, leading multiplex companies hit back

Say will not screen films that are released on OTT simultaneously

How multiplexes dabble with alternative content to counter rising taxes

Multiplex market leaders PVR Ltd and Inox Leisure Ltd have both been experimenting with a whole range of alternative content over the past few years

Multiplexes turn to technology for giving viewers differentiated experience

In the first phase, around 400 D-Box motion seats will be installed in nine auditoriums, across the Delhi region and Mumbai

March quarter boost for multiplex players PVR and Inox Leisure

Higher footfalls and screen additions to keep FY20 growth strong