Multiplex Chains In India

However, despite the hype created by Pushpa 2: The Rule, India's multiplex chains expect a moderate rise in ATP this year

This Diwali weekend, two major Hindi-language sequels were released-Anees Bazmee's horror-comedy Bhool Bhulaiyaa 3 and Rohit Shetty's cop universe movie Singham Again

Popular cinemas like PVR-INOX, Cinepolis, Miraj, CityPride, Asian, Mukta A2, Movie Time, MovieMax, Wave, M2K, Delite, are among those participating in this event

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

'We would love to have more players entering the market because that is how the business will grow'

A regular multiplex typically has 4-5 screens per property. Larger ones may go up to 7-8 screens at a single location

A slate of flop Bollywood movies have hit India's top cinemas hard, leaving the industry to bank heavily on the current festive quarter to revive its fortunes

Multiplex chain operator Inox Leisure Ltd on Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls. The company had posted a net loss of Rs 87.66 crore in the July-September period a year ago, said Inox Leisure in a BSE filing. Its revenue from operations during the quarter under review was at Rs 374.12 crore, up multi-fold in comparison to the low base of the corresponding quarter of the previous year when the cine exhibition industry was impacted due to the second wave of the COVID-19 pandemic. Inox Leisure's revenue from operations in the July-September quarter of the last fiscal stood at Rs 47.44 crore. Total expenses were at Rs 434.24 crore, up two-fold. During the July-September quarter, 11.6 million guests visited Inox cinemas and reported "ATP (Average Ticket Price) of Rs 215 and the highest ever quarterly SPH (Spending Per Head) at Rs 102". This wa

Meets Street expectations, thanks to healthy box-office collections

PVR promoters will have a 10.62% in the combined entity; Inox's side will have a 16.66%

The coronavirus pandemic had an overwhelming effect on the film industry as many film shoots and theatres across India were halted twice.

The pandemic and OTT have changed the cinema ecosystem. Now, as states start allowing movie halls to reopen, the road to recovery is in sight. But it is likely to be long and hard

Permission to operate at full capacity, healthy content pipeline fuel optimism

Decimation of film business, redrawing of the video map, and possible break-up of big tech firms could be dominant trends in 2021

At Cinepolis in south Delhi's Savitri Complex, the 11:30 am show for Malang: Unleash the Madness, featuring Disha Patani and Aditya Roy Kapur, sold a total of four tickets

The cinema halls in the Northeast will not reopen on October 15 despite the Centre allowing it as part of its 'Unlock 5' guidelines as the states have not issued any guidelines in this regard.

Low occupancies, capacity restrictions and safety concerns could make it difficult to reach breakeven levels

The Multiplex Association of India (MAI) on Wednesday "wholeheartedly" welcomed the MHA's guidelines, permitting the opening up of cinema hallsoutside the containment zones from October 15.

Javier Sotomayor, managing director, Asia and Middle East spoke to Vanita Kohli-Khandekar on how Cinepolis plans to get back on its feet in India

Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic