Page 4 - Pvr Cinemas

Will look at expansion, capital outlay next year: PVR's Sanjeev Kumar Bijli

The Jt MD of the cinema chain says PVR is currently concentrating on properties that were to be launched before the pandemic struck in March 2020

PVR Cinemas to reopen its theatres with 100 per cent vaccinated staff

Multiplex chain PVR Cinemas on Thursday announced that its theatres will be reopening from July 30 with all of its staff fully vaccinated against COVID-19. In a statement, PVR said that its cinemas will resume operations from July 30 in states and union territories that have allowed theatres to reopen. As the country witnesses a steady decline in the number of COVID-19 cases, states like Madhya Pradesh, Rajasthan, Punjab, Haryana, Gujarat, Andhra Pradesh and Telangana have permitted the resumption of operations in cinema halls. In Delhi, theatres were allowed to reopen from Monday at 50 per cent occupancy. To encourage and thank people who got vaccinated during the nationwide vaccination drive, PVR has introduced a 'JAB Offer' for the customers. As part of the scheme, one vaccinated guest can get another ticket free on select content as well as one F&B Combo free with the purchase of another in the first week of reopening. The multiplex chain said it will continue to follow the .

The multiplex mess: Road to recovery for pandemic-battered cinema is long

The pandemic and OTT have changed the cinema ecosystem. Now, as states start allowing movie halls to reopen, the road to recovery is in sight. But it is likely to be long and hard

Businesswise, we are hopping across boundaries of the box: PVR CEO and MD

The film fraternity continues to believe in the theatrical business - not just for emotional reasons but also for economic ones, says PVR Chairman

PVR widens Q4 net loss, revenue declines 60% amid Covid-19 pandemic

The company had posted a net loss of Rs 74.49 crore in the same quarter of the last financial year

PVR, Inox Leisure skid up to 9% as Crisil downgrades long-term ratings

Continued restrictions for more than 3-4 months and lower-than-expected ramp-up in occupancy post lifting, resulting in higher-than-expected cash loss.

Crisil downgrades its PVR's long-term rating to AA-minus negative

Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.

PVR to invest Rs 150 cr to add 30-40 screens across the country next fiscal

Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal.

Rising Covid-19 cases likely to delay biz recovery of PVR, Inox Leisure

Permission to operate at full capacity, healthy content pipeline fuel optimism

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