Page 3 - Multiplex

Punjab govt allows opening of bars in hotels, shopping malls, multiplexes

He said the management of such commercial establishments must ensure meticulous compliance of the standard operating procedures issued by the Health Department from time to time

Occupancy trends key to sense theatre chain PVR's cash flows: Analysts

Company sharply reduces employee costs and rental charges, but has to offer heavy discounts on tickets and snacks

Multiplexes expect 25% rise in operating cost due to Covid-19 SOPs

Multiplex operators expect up to 25 per cent rise in their operating costs on account of the mandatory standard operating procedures as they reopen after being shut since the outbreak of coronavirus

Cost savings on other fronts to offset rise in operational expenses: PVR

PVR is working on a pricing matrix that includes a ticket price of as low as Rs 69 for old and rerun films

Multiplex operators ask Centre to reopen cinema halls as losses mount

West Bengal CM Mamata Banerjee has permitted cinema halls to function from October 1 in the state

Multiplex group appeals to govt to reopen cinemas, says jobs are at stake

Appealing to the govt to allow theatres to reopen, the Multiplex Association of India said the sector that provides employment to lakhs had lost an estimated Rs 9,000 crore in the last six months

West Bengal: Actor-MPs urge Centre to reconsider reopening cinema halls

Four actors of the Bengali film industry, three of them ruling TMC MPs, have urged the Centre to consider re-opening movie theatres with necessary COVID-19 protocols in place, underscoring that cinema hall owners and employees are under severe financial duress. Sources in the industry said the actor-MPs have made the plea as members of Tollywood, and not in their political capacities. Actor Dev, who has shouldered a string of blockbusters, tweeted on Sunday, "Requesting GOI to rethink about Opening of Cinema http://Halls.So many families are depending upon Cinema Hall." "Requesting @PrakashJavdekar ji with folded hands ji to rethink about the decision #SupportMovieTheaters #SaveCinemas," the Ghatal MP said. Basirhat MP and actor Nusrat Jahan also sought the intervention of I&B minister Prakash Javadekar for re-opening of cinema halls. "The highest tax-paying Entertainment Industry is on the verge of collapse. Its high time to open Cinema Halls with requisite SOPs in

Despite empty theatres due to Covid-19, multiplex stocks bounce back

Theater operators PVR Ltd. and Inox Leisure Ltd. have rebounded about 50% since May, after at least three consecutive months of losses

Multiplex Association urges govt to allow operation of cinema houses

Amid rising Covid-19 cases in the country under the government's Unlock 2.0 guidelines, cinema chains have not been given permission to operate

Multiplex chains on overdrive to add screens next financial year

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

India's oldest multiplex finally pauses for breath, closed for six months

Virtually every film buff in the city has an Anupam story, of standing for hours in line to buy a ticket for the latest Hollywood or Bollywood film

Listed multiplex players still a hit despite slowing economic growth

Strong footfall and good-quality content expected to offset growth pressure on advertising revenue

Unnerved by Reliance Jio offer, leading multiplex companies hit back

Say will not screen films that are released on OTT simultaneously

Multiplex stocks buck consumption slack as urban focus, content push growth

The rise in footfalls is expected to translate to higher sale of food and beverages, further strengthening top line growth

Food at multiplexes: NCP leader wants govt to change its stand in HC

The court was hearing a PIL opposing ban on outside food at multiplexes

Popcorn too expensive? Now take your food inside multiplexes in Maharashtra

Multiplexes in Maha to face action if they bar movie watchers from carrying food from outside

Multiplex screens to cross 3000 by 2019: ICRA

ICRA's maintains a positive outlook for the industry over next 3 to 5 years owing to low screen density in India and increasing preference for multiplexes over single screen theatres