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PVR Pictures to focus only on distribution, PVR to produce

PVR Pictures has finally got the nod to demerge the production business. Speaking to CNBC-TV18, Nitin Sood, chief financial officer of PVR says that post the demerger, PVR, the main entity shall handle the production business entirely. PVR Pictures will turn into a wholly-owned company that will focus only on the distribution business, he says.

March 09, 2012 / 08:24 IST
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PVR Pictures has finally got the nod to demerge the production business. Speaking to CNBC-TV18, Nitin Sood, chief financial officer of PVR says that post the demerger, PVR, the main entity shall handle the production business entirely. PVR Pictures will turn into a wholly-owned company that will focus only on the distribution business, he says.

Below is the edited transcript of the interview. Also watch the accompanying video.

Q: We understand that you have got approvals for the demerger of the production business within PVR Pictures

TAGS: #Business #demerger #production business #PVR #PVR Cinema #PVR Pictures #sood
first published: Mar 7, 2012 06:25 pm

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