Page 5 - Pvr Cinemas

Multiplex operators in focus; PVR, Inox Leisure up over 5% in a weak market

According to reports, the MAI is certain that cinema halls will be allowed to reopen for the public in the next phase of unlock

Inox Leisure defers FY21 capex plans, PVR to raise Rs 300 crore

Analysts have already said the April-June peroid of FY21 will be a washout since multiplexes have been shut for the duration

Building consumer confidence

PVR is India's leading cinema chain. It attracted a large and disparate audience of close to 110 million last year

Multiplex, hotel stocks hit 52-week lows on extension of lockdown

The government has extended the nationwide lockdown by another two weeks, until May 31, to contain the spread of the novel coronavirus.

Amazon Prime Video to premiere 7 Indian films; theatre owners miffed

The movies will premiere exclusively on Prime Video over the next three months and will be available in 200 countries and territories worldwide

PVR, Inox Leisure hit 52-wk lows on report of lockdown extension in Mumbai

Media reports suggest OTT platform Amazon Prime Video has acquired seven Bollywood & regional films, including Amitabh Bachchan-Ayushmann Khurrana starrer 'Gulabo Sitabo' for direct-to-digital premier

PVR, Inox Leisure hit 52-wk lows in a firm market; tank over 50% in 2 mths

Analysts expect the uncertainty over resumption of operations and social-distancing rules to weigh on the stocks in the near term.

PVR looks at seat distancing in theatres for safety after lockdown is over

Besides introducing social distancing at the ticket booking level, PVR will also sanitise all its theatres and train its staff

This is not like a one-quarter hit; it will take time: PVR chief Ajay Bijli

At a cinema level, we haven't laid off people but senior employees have taken a 50 per cent salary cut while others have taken a cut anywhere between 10 and 25 per cent, the chairman said

Survival of the fittest

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

Rewriting the script: Tech, wider footprint boost multiplexes' growth story

The box office collections in financial year 2018-19 grew by 14.7 per cent to stand at Rs 12,940 crore domestically, while the collections from the overseas markets rose by 16.1 per cent

Multiplex operators' shares in focus; PVR, Inox Leisure hit record highs

Inox rallied 6% to Rs 399 after the company said it has commenced the commercial operations of four additional screens in the-existing cinema theatre in Indore.

PVR jumps on to OTT bandwagon, partners movie-streaming service Mubi

London-headquartered Mubi, popular in the US and Europe, is best known for its curated line-up of films in English and other languages

Multiplexes' revenue from convenience fee rises as online ticket sales grow

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

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

PVR net profit up 35% to Rs 47.67 crore in Q2 over strong revenue growth

The revenue from operations grew 37 per cent YoY to Rs 973.18, riding on good movie releases

PVR remains an outlier amid slowing consumption with strong Q2 results

Highest-ever footfalls with good content leads to 35-37 per cent growth in topline and net profit

Slowdown in real estate sector hampering screen additions for multiplexes

Multiplexes are now either expanding within existing properties or converting single screens into multiple screens through partnerships

Are Indians going to the movies to escape slowdown? PVR's CEO thinks so

If Gianchandani's prediction is correct, PVR would be defying a slump that has dented demand for almost everything from 7-cent cookies to cars

An exciting festival of Japanese films will be unveiled across seven cities

A six-month-long Japanese film festival across seven Indian cities holds riches for cinephiles