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
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
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
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
Multiplexes are now either expanding within existing properties or converting single screens into multiple screens through partnerships
Your seats at the theatre will move in sync with the actors' gravity-defying stunts on screen
Say will not screen films that are released on OTT simultaneously
Will becoming an experience help multiplexes deal with film piracy and the growth of digital?