Multiplex Chains In India

PVR-INOX merger should get done by Feb next year: Director Siddharth Jain

'We would love to have more players entering the market because that is how the business will grow'

PVR sees superplexes as next blockbuster concept in cinema business

A regular multiplex typically has 4-5 screens per property. Larger ones may go up to 7-8 screens at a single location

India's top multiplex chains bank on festive season to bring cheer back

A slate of flop Bollywood movies have hit India's top cinemas hard, leaving the industry to bank heavily on the current festive quarter to revive its fortunes

Inox Leisure Q2 net loss narrows to Rs 40 cr, revenue rises multi-fold

Multiplex chain operator Inox Leisure Ltd on Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls. The company had posted a net loss of Rs 87.66 crore in the July-September period a year ago, said Inox Leisure in a BSE filing. Its revenue from operations during the quarter under review was at Rs 374.12 crore, up multi-fold in comparison to the low base of the corresponding quarter of the previous year when the cine exhibition industry was impacted due to the second wave of the COVID-19 pandemic. Inox Leisure's revenue from operations in the July-September quarter of the last fiscal stood at Rs 47.44 crore. Total expenses were at Rs 434.24 crore, up two-fold. During the July-September quarter, 11.6 million guests visited Inox cinemas and reported "ATP (Average Ticket Price) of Rs 215 and the highest ever quarterly SPH (Spending Per Head) at Rs 102". This wa

Q1 Results: PVR back in black as box office picks up pace post-Covid

Meets Street expectations, thanks to healthy box-office collections

PVR, Inox get SEBI nod for merger to create India's largest multiplex chain

PVR promoters will have a 10.62% in the combined entity; Inox's side will have a 16.66%

Multiplex Association of India appeals to Maharashtra to reopen theatres

The coronavirus pandemic had an overwhelming effect on the film industry as many film shoots and theatres across India were halted twice.

The multiplex mess: Road to recovery for pandemic-battered cinema is long

The pandemic and OTT have changed the cinema ecosystem. Now, as states start allowing movie halls to reopen, the road to recovery is in sight. But it is likely to be long and hard

Rising Covid-19 cases likely to delay biz recovery of PVR, Inox Leisure

Permission to operate at full capacity, healthy content pipeline fuel optimism

2020, the year that was: A gloomy picture for the entertainment industry

Decimation of film business, redrawing of the video map, and possible break-up of big tech firms could be dominant trends in 2021

Covid shadow on movie buffs: A tepid opening for cinemas on first day

At Cinepolis in south Delhi's Savitri Complex, the 11:30 am show for Malang: Unleash the Madness, featuring Disha Patani and Aditya Roy Kapur, sold a total of four tickets

No cinema halls to reopen in Northeast on Oct 15 despite Centre's Unlock 5

The cinema halls in the Northeast will not reopen on October 15 despite the Centre allowing it as part of its 'Unlock 5' guidelines as the states have not issued any guidelines in this regard.

Unlock 5.0: Street cautious about prospects of multiplexes, hotels

Low occupancies, capacity restrictions and safety concerns could make it difficult to reach breakeven levels

Multiplex Association welcomes govt's guidelines to reopen cinema halls

The Multiplex Association of India (MAI) on Wednesday "wholeheartedly" welcomed the MHA's guidelines, permitting the opening up of cinema hallsoutside the containment zones from October 15.

Content from Bollywood, other regional languages in pipeline: Cinepolis MD

Javier Sotomayor, managing director, Asia and Middle East spoke to Vanita Kohli-Khandekar on how Cinepolis plans to get back on its feet in India

PVR, Inox Leisure: Trading ideas for multiplex stocks ahead of Unlock 3.0

Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic

Survival of the fittest

The length of the COVID-19 crisis and the strength of balance sheets and cashflow will determine the intensity of the bloodbath in the media and entertainment industry

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

Multiplexes' revenue from convenience fee rises as online ticket sales grow

Data analysed by SBICap Securities show revenue from convenience fees has grown at a compound annual rate of 85 per cent for multiplex chain operator Inox Leisure and 58 per cent for PVR

Slowdown in real estate sector hampering screen additions for multiplexes

Multiplexes are now either expanding within existing properties or converting single screens into multiple screens through partnerships