Photo essay: Multiplexes reopen after lockdown
Although multiplexes have reopened, the audience seems to be keeping away. Fortune India visited a few such theatres and was greeted with scattered crowds, empty corridors, and vacant seats.
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Exhibitors want theatres to open ‘on urgent basis’
The Multiplex Association of India estimates that the sector has suffered a monthly loss of ₹1,500 crore in the last six months, amounting to ₹9,000 crore.
Digital media to overtake print by 2021: FICCI-EY
Television and print remained the top two media segments. Digital media overtook filmed entertainment to become the third-largest segment.
Multiplexes take a hit as coronavirus spreads
With big budget releases delayed and falling ticket sales, experts expect box office collections to fall.
Inox makes a bold bet with Megaplex
Megaplex is Inox’s biggest multiplex with a 1,586 seat capacity. Analysts expect ad revenue to fall for the multiplex industry due to the slowdown, but say the show will go on.
PVR goes local with UTSAV
The company has unveiled its first multiplex under the UTSAV brand in Satna, Madhya Pradesh. The multiplex company has 797 screens across the country now.
Multiplexes unfazed by Jio First Day First Show
Cinemas have an “unreplaceable element” which is why it continues to deliver a robust box office performance, says the multiplex industry.
PVR: The show must go on
PVR has survived competition both from within the industry and video-streaming services, but with consumers spoilt for choice, what keeps India’s largest film exhibitor on its toes?
We’ll focus on overseas expansion in 2019: PVR
In an interview with Fortune India, PVR CFO Nitin Sood speaks about the company’s plan to expand in foreign markets, and the integration process it undertakes after acquiring a company.
The popcorn effect
Pricey popcorn may give way to paranthas in multiplexes.
