Page 3 - Pvr Cinemas

PVR in talks with producers to release films in theatres as virus eases

The country's biggest cinema operator, which runs about 835 screens across 71 cities, is currently operating most theaters at half capacity due to Covid-related restrictions

PVR December quarter net loss narrows by three-fourth to Rs 49 crore

Net loss in the September quarter was Rs 184 crore; December quarter saw re-opening of multiplexes as part of unlock

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

Tenet gets footfalls back into theatres, exhibitors hope for quick recovery

December 4-7 saw box collections at nearly Rs 5 crore, highest since reopening

Once new films come out, it'll be business as usual: PVR CEO Gautam Dutta

While the number of screens might be nearly half, the first few weeks have been encouraging, Gautam Dutta, CEO of PVR Cinemas, tells Veenu Sandhu

Unlock 5.0: Analysts remain cautious on PVR, Inox Leisure despite relief

The 50 per cent capacity, given under Unlock 5.0, is unlikely to make up for the losses already incurred in the past six months, say analysts

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

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

Open-air cinemas look to revival of past trend amid Covid-19 pandemic

Miffed at being left out of Unlock 4.0, multiplexes say we are ready too

PVR Cinemas eyes the bigger picture, raises Rs 300 cr to tide over crisis

The pressure on the industry is weighing down on more than just PVR Cinemas

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

Multiplex operators in focus; PVR, Inox Leisure up over 5% in a weak market

According to reports, the MAI is certain that cinema halls will be allowed to reopen for the public in the next phase of unlock

Inox Leisure defers FY21 capex plans, PVR to raise Rs 300 crore

Analysts have already said the April-June peroid of FY21 will be a washout since multiplexes have been shut for the duration

Building consumer confidence

PVR is India's leading cinema chain. It attracted a large and disparate audience of close to 110 million last year

Multiplex, hotel stocks hit 52-week lows on extension of lockdown

The government has extended the nationwide lockdown by another two weeks, until May 31, to contain the spread of the novel coronavirus.

Amazon Prime Video to premiere 7 Indian films; theatre owners miffed

The movies will premiere exclusively on Prime Video over the next three months and will be available in 200 countries and territories worldwide

PVR, Inox Leisure hit 52-wk lows on report of lockdown extension in Mumbai

Media reports suggest OTT platform Amazon Prime Video has acquired seven Bollywood & regional films, including Amitabh Bachchan-Ayushmann Khurrana starrer 'Gulabo Sitabo' for direct-to-digital premier

PVR, Inox Leisure hit 52-wk lows in a firm market; tank over 50% in 2 mths

Analysts expect the uncertainty over resumption of operations and social-distancing rules to weigh on the stocks in the near term.

PVR looks at seat distancing in theatres for safety after lockdown is over

Besides introducing social distancing at the ticket booking level, PVR will also sanitise all its theatres and train its staff

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