Page 6 - Pvr Cinemas

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

Indians bought record number of movie tickets last year at multiplexes

Increasing appetite for good content, fuelled by OTT, and more screens help increase footfall to cinemas

SPI Cinemas adds flair to PVR's Q1 script; revenue up 26% at Rs 880 cr

Reported topline jumped 26 per cent, but net profit down 69 per cent due to change in accounting norms and weak show by key segments

PVR brings cinema closer to differently-abled with wheelchaired seats

PVR Cinemas screens would have wheelchair-friendly seats

PVR Cinemas ushers in new era for cine addicts with OLED technology

Takes big bet for revolutionising movie viewing

Multiplex companies look attractive post correction; PVR, Inox Leisure gain

Multiplex chains are challenging various state governments' decisions on allowing outside food into cinema theatres

Elan group lodges FIR against PVR Cinemas, promoters for cheating, forgery

The case came to light when Elan Group filed a complaint in the court

PVR's digital path to creating loyalty

As the cinema chain launches a digital plan to woo customers, building relevance and context will be key

'I'm more worried about experience, than target of 10% rise in footfalls'

Ajay Bijli, chairman, PVR Cinemas, says he is positive about the loyalty programme started by his company

PVR to open 12-15 extra-large screens, invest Rs 60 crore

Half of premium extra-large format screens will be converted from existing screens and half of them will be brand new cinemas which are in PVR's pipeline

PVR Cinemas to add 75 screens this year across country, take total past 650

Multiplex chain PVR Cinemas is planning to add around 75 screens to its capacity during this fiscal year, taking the total number of screens it has to around 650.The company is looking at adding facilities in various locations including Pune, Mysore, Jammu and others during the year, adding to the current total of 584 screens across 127 properties in 50 cities. Last year, it added aroud 48 screens, said Gautam Dutta, CEO, PVR Ltd."This will include both malls and standalone propereties," he added.The company today launched a 5- screen property at Grand Galada Centre Mall, Chennai and will be adding two more properties in Chennai in next 18 months, both in malls. With this launch, the total screen count of PVR Cinemas in the city reaches to 17 screens at three properties and has a 65 per cent occupancy. In southern region it has 130 screens and 20 multiplexes."This launch is another step towards achieving a mark of 1,000 screens in India by 2020," he said.Spread across 40,000 sq-ft, ...