Multiplex

The dip in average daily footfall in shopping malls was due to extreme heat, a lack of major film releases, weeks-long parliamentary elections, according to a report by GeoIQ. Of the 30 malls surveyed, only 10 reported an uptick, data shows.

PVR INOX: Better show in sight, valuation still reasonable

The company is trying to grow the business through loyalty programmes, rental negotiations, debt reduction, and by setting up food courts with Devyani International.

PVR Inox: Why this is a stock to add gradually

The management guides to annual EBITDA level synergies of Rs 225 crore over 12-24 months in the core exhibition business

PVR Inox looks to dial up F&B revenue share with more partnerships

The company's revenue from F&B sales grew 21 percent in FY24, higher than the sales from movie tickets, which registered a 19 percent growth in the last financial year.

PVR Inox: Pain in the near term, but valuation holds out hope

A part of the valuation discount can be justified because of the recent performance

Multiplexes' revenue growth to dip to 15% in FY25; OTTs crimping profit margins

The profit margins will widen marginally, but will continue to be lower than the pre-pandemic levels due to the competition faced by the industry from over the top service providers like Netflix and Amazon Prime, the report by Crisil Ratings said.

Fire at multiplex in Surat; 2 fire personnel injured while dousing blaze

The blaze erupted at around 9 am in a screen of Time Cinema multiplex, which has seven screens and is located on the top floor of a four-storey building in Pal locality, a fire official said.

Independence Day weekend sets box office momentum with highest single-day collections

The combined collections of Rajinikanth-starrer Jailer, Sunny Deol's Gadar 2, OMG 2 staring Akshay Kumar and Telugu language film Bhola Shankar touched the Rs 100-crore mark on August 15.

PVR INOX: Another mute quarterly performance; weak investment case

While higher ticket and food sales hit margin in Q1FY24, the popularity of OTT apps is a threat, going ahead. Avoid long-term investment.

PVR launches 11-screen multiplex in Lucknow

The 11-screen multiplex, opened in Lulu Mall, is "Lucknow's biggest" and comes a month after the company announced merger with rival multiplex chain INOX.

PVR: Strong quarter lights up show, but is the worst over?

PVR saw a footfall of 22 million in the third quarter, which is an improvement both sequentially as well as year on year, but still below Q1 FY23

Inside India's first multiplex in an airport complex in Chennai. See pics

The opening of PVR Aerohub, the Chennai airport multiplex, gives PVR a total of 908 screens at 182 properties in 78 cities in India and Sri Lanka. The multiplex operator has 12 properties in Chennai alone.

SRK's Pathaan to revive business of single-screen theatres, say exhibitors

Pathaan has opened up the market for single screens again and that will benefit not just the movie’s business but also collections of forthcoming films.

Multiplex sector: Why a disaster quarter doesn’t dim the upside

The combined cost of tickets and F&B for a single movie is more than the monthly subscription cost of some of the OTT platforms and a large content library adds to the OTT attraction. So far, multiplexes do not appear to have an answer for it

Fans throng theatres to watch India-Pak T20 World Cup match

Virat Kohli single-handedly powered India to an epic four-wicket win over Pakistan with a magnificent 53-ball 82 not out in their big-ticket game in Melbourne.

INOX to see delay in ad income recovery on weak performance of big Bollywood films in Q2

The company said that with movies not performing well in cinemas especially the tentpole films, advertisers have not extended contracts with exhibitors.

Kashmir to get its first multiplex today, ending 3-decade wait for cinema lovers

People in Kashmir will get to enjoy the experience of watching a movie in the theatres after decades as the valley gets its first multiplex, operated by INOX, in Srinagar.

Multiplex sector: Onward and upward

PVR's turnaround has been spectacular and recovery appears to be faster However, it is facing headwinds in Q2 as none of the big budget big star movies managed to do well at the box office

Are you a movie buff? Five credit cards that enhance your cinema going experience

From buy-1-get-1 free tickets, discounts and cashbacks on money spent on purchasing movie tickets, credit cards have enticing offers for the cinema lovers.

Multiplex sector: Recovery playing to a full house

PVR plans to add 120-125 screens while Inox looks to add 77 screens in FY23

PVR: Is the monopoly image flickering on the screen?

PVR Inox merger announcement was well received by the market

PVR-Inox merger: What is driving the show?

The PVR-Inox merger deal would create the largest entity in the film exhibition industry

PVR: The show is on for recovery

PVR is the largest cinema chain in India and has 866 screens of which 857 are in India and nine in Sri Lanka

PVR-Cinepolis merger may lead to duopoly in exhibition space; management control a concern

PVR operates 846 screens in India while Cinepolis has around 417 screens giving the combined entity 1,263 screens, making it the country’s biggest player in the multiplex space.

PVR to invest Rs 30 crore in upcoming 8-screen property, starts capex for new screens

PVR has opened 18 screens so far and has 20-odd screens, which are in completion stage. The multiplex operator has fresh handovers of about 40-screens as well.