Multiplex News

Companies

PVR Q1 results: Net loss declines to ₹219.55 cr, revenue grows to ₹59 cr

PVR said it is looking to restart operations, in a gradual manner, from July 30, 2021 onwardsPending settlement with landlords, the company has accounted for CAM charges amounting to ₹32.46 crore

2 min read29 Jul 2021
Videos

'Regulatory thoughtlessness': Uday Shankar on OTT vs TV, TRP scandal #HTLS2020

At the 18th edition of the Hindustan Times Leadership Summit, Uday Shankar, President of The Walt Disney Company, Asia Pacific, and Chairman of Star and Disney India, commented on the recent scandal erupting over the alleged fixing of TRPs by some channels. He said that the government should focus on more important issues than settling viewership debates between channels. On a question regarding 'niche' TV channels losing out to streaming services, Shankar said that television content in India had become a victim of regulatory thoughtlessness. Watch the full video for more.

27 Nov 2020
Videos

Govt to regulate online content: Uday Shankar, Ajay Bijli discuss #HTLS2020

On Day 4 of the Hindustan Times Leadership Summit 2020, Uday Shankar, President of The Walt Disney Company, Asia Pacific, and Chairman of Star and Disney India, and Ajay Bijli, Chairman and Managing Director of PVR Ltd discussed the government's recent decision to regulate online content. Shankar said that given the global nature of online streaming services and the vast amount of content pouring in, it would be interesting to see how the government undertakes regulation. He also said that while there are some cases of gratuitous content being shown to grab eyeballs, Indian consumers are much more mature than regulators have traditionally considered. Bijli mirrored Shankar's sentiments, saying that censorship shouldn't affect the art. Watch the full video for more.

27 Nov 2020
Industry

Multiplex Association, filmmakers request Centre to let cinema halls re-open

If aviation, metro, malls, wellness and restaurants can be allowed to operate, the cinema industry too deserves a chance, says Multiplex Association of India

2 min read30 Aug 2020
Lounge

Unlock 4.0: what will open, what won't

As we approach Unlock 4.0, the fourth phase of reopening of the economy, here's a look at what all could change across major Indian cities

1 min read28 Aug 2020
Industry

Multiplex players eye drive-in cinemas to revive biz

People are still wary of being confined in closed auditoriums for hours to watch a film. So companies such as PVR, INOX and Carnival Cinemas are aiming to tap into new revenue streams across Delhi, Maharashtra, Karnataka, Kerala, AP and Telangana

1 min read24 Aug 2020
News

India’s top multiplex players eye drive-in cinemas to bounce back to business

PVR Cinemas, INOX Leisure Ltd and Carnival Cinemas are looking to tap into new streams of revenue as consumers remain wary of cinema hallsThe investment on drive-in cinema spaces could range from ₹3-5 crore per property depending on the size of the land, and even go up to ₹8 crore

3 min read23 Aug 2020
News

Multiplexes upset over no clarity from government on reopening

Compared to the unorganised retail and shops that have been opened up, multiplexes and cinema are part of the organised sector, playing hosts to revenue-paying customers only and hence in a better position to limit crowds unlike marketplaces, the Multiplex Association of India said

2 min read2 Jul 2020
Videos

Multiplexes report losses but line up releases post-October

India's top multiplex chains, PVR Cinemas and INOX Leisure Ltd, have reported losses for the March-ended quarter but believe big-ticket releases will bring people back to theatres post October. In the latest episode of its show, 'Business of Entertainment', Mint's Lata Jha goes through the financial performance of what’s buzzing in the world of entertainment.

16 Jun 2020
Markets

PVR shares slip 5% as company reports net loss of ₹74.6 crore in Q4

PVR reported a net loss of ₹74.61 crore for the March quarter compared to a net profit of ₹46.75 crore in the year ago periodThe company said its results for year ended March 31 were not comparable year-on-year on account of acquisition of SPI Cinemas

1 min read9 Jun 2020
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

Plain Facts

Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.

11 Articles