PVR Inox, which reported a net quarterly loss of Rs 130 crore ($15.6 million) on Tuesday, is building a portfolio of concerts, sports, and alternate events to attract crowds
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Movie buffs can watch their favourite releases for a ticket price of Rs 99 in PVR INOX cinema chains on 'Cinema Lovers Day' this Friday. Viewers can watch new releases like "All India Rank", "Article 370", "Crackk" and "Teri Baaton Mein Aisa Uljha Jiya" and "Fighter" or take their pick from Hollywood releases like "Madame Web", "The Holdovers" and "Bob Marley-One Love", "Mean Girls" and "The Teachers Lounge" in the Hollywood bucket. Besides offering tickets at ? 99 for the mainstream seats, PVR INOX has tailored an attractive price structure for audiences looking to celebrate the Cinema Lovers Day in premium formats as well, the company said in a release. The cinema chain has reduced ticket price to Rs 199 for recliner seats and those keen on experiencing films in IMAX, 4DX, MX4D and gold category will also find ticket prices on discount. "Movies hold a special place in the hearts of Indian audiences, celebrated with unparalleled zeal. We are thrilled to further amplify this ...
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The country's largest multiplex operator PVR Inox will open 150 screens in the next fiscal with an investment of about Rs 500 crore, a top company official has said. The company, which opened a six-screen luxury cinema at Maison Inox here on Thursday, already runs 118 screens across 23 properties in the megapolis. Overall, including its property in Colombo, it operates 1,711 screens at 359 properties across 114 cities. We are planning to add 150 more screens at an investment of around Rs 500 crore next fiscal, Sanjeev Kumar Bijli, an Executive Director at PVR Inox, told PTI here. On the Maison Inox, he said normally a screen required an investment of Rs 5 crore but given that it's a luxury collection and comes with the first attached bar (Gastby Bar), the per screen cost is about Rs 7 crore. On the company's overseas expansion plans, he said they will have more screens in Sri Lanka only and not anywhere else. Despite the civil war and the deep financial difficulties, "Sri Lanka h
These charges, levied by ticket or service booking platforms like BookMyShow, PVR, IRCTC, can be as high as 20 per cent of the transaction value in some cases
The total income for Q2FY24 came in at Rs 2,023.7 crore, compared to Rs 702.4 crore year-on-year, registering a rise of 188.11 per cent
Leading cinema chain PVR INOX Ltd on Saturday announced a new initiative "PVR INOX Passport", a first of its kind movie subscription pass aimed at "irrigating the film industry" and motivating the consumers to frequently visit theatres. As per the monthly subscription pass, which will be available from October 16, cinema goers will be able to watch up to 10 movies per month for just Rs 699. The offer will be applicable from Monday to Thursday, and excludes premium offerings like IMAX, Gold, LUXE and Director's Cut. Gautam Dutta, co-CEO of PVR INOX Ltd, said the company has been engaging with the customer base to know more about their movie watching habits. "There is a sentiment, the consumers are saying that we love the movie experience and we love to come out to a cinema. But we can't get it all. We keep slotting what are the event films and what are the movies that can be consumed on TV, iPad and mobile. "So in their mind, 'Pathaan', 'Jawan', 'Salaar', 'Leo', are some of the big
Multiplex Association of India (MAI) on Thursday announced that the National Cinema Day will be held on October 13 this year. Movie enthusiasts will be charged only Rs 99 per admission at cinema halls across the country, the national multiplex trade body said in a press release. Over 4,000 screens at multiplexes from India, including PVR INOX, Cinepolis, Miraj, and Delite, have teamed up to participate in the National Cinema Day celebrations, it stated. "This special occasion brings audiences of all ages together for a day of cinematic bliss, celebrating the incredible success of multiple films at the box office this year. "It's a heartfelt 'thank you' to all the moviegoers who contributed to this success and an open invitation to those who haven't yet returned to their local cinema," the association said. According to MAI, cinegoers can watch any show of any film on October 13 for Rs 99, excluding the recliner and premium formats. Last year, the association marked the National C
Filmmakers will have to invest in understanding the changing tastes of moviegoers, in multiplexes and single screens, in order to improve their chances of success