Oma Cinema was designed by renowned French architect Pierre Chican, who has designed some of France's most avant-garde cinemas over the last 30 years
Cineline India, a part of Kanakia Group, had earlier announced reentering the film exhibition business with a new brand identity
The combined entity will become the largest film exhibition company in India with 1,546 screens, at around 50 per cent multiplex screen market share and around 42% box office collection market share
PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.
PVR expects 3-4 per cent of its revenues from alternative content in the next two to three years
Terming luxury formats as more experiential in nature, PVR Joint Managing Director said it is the need of the times so that people come out of their homes to watch movies in cinemas after the pandemic
The film exhibition major is currently experimenting with gaming and received a good response
Stars are returning to India's big screens. In the past year, streaming platforms like Netflix and Hotstar had become the only avenue for producers. But Diwali releases may be reversing the trend
The country's largest film exhibitor PVR Cinemas on Tuesday announced its foray into the customised cleaning and disinfecting services business under its newly-launched vertical V-Pristine.
Ajay Bijli tells Business Standard multiplexes will thrive by Q4 if 100% capacity is restored and third Covid wave doesn't happen
The lights are lit for Daniel Craig's fifth and final appearance as James Bond at Delhi's iconic PVR Saket - erstwhile Anupam
The Jt MD of the cinema chain says PVR is currently concentrating on properties that were to be launched before the pandemic struck in March 2020
Multiplex chain PVR Cinemas on Thursday announced that its theatres will be reopening from July 30 with all of its staff fully vaccinated against COVID-19. In a statement, PVR said that its cinemas will resume operations from July 30 in states and union territories that have allowed theatres to reopen. As the country witnesses a steady decline in the number of COVID-19 cases, states like Madhya Pradesh, Rajasthan, Punjab, Haryana, Gujarat, Andhra Pradesh and Telangana have permitted the resumption of operations in cinema halls. In Delhi, theatres were allowed to reopen from Monday at 50 per cent occupancy. To encourage and thank people who got vaccinated during the nationwide vaccination drive, PVR has introduced a 'JAB Offer' for the customers. As part of the scheme, one vaccinated guest can get another ticket free on select content as well as one F&B Combo free with the purchase of another in the first week of reopening. The multiplex chain said it will continue to follow the .
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
The film fraternity continues to believe in the theatrical business - not just for emotional reasons but also for economic ones, says PVR Chairman
The company had posted a net loss of Rs 74.49 crore in the same quarter of the last financial year
Continued restrictions for more than 3-4 months and lower-than-expected ramp-up in occupancy post lifting, resulting in higher-than-expected cash loss.
Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.
Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal.
Permission to operate at full capacity, healthy content pipeline fuel optimism