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The Film Employees Federation of Kerala (FEFKA) on Saturday said that no Malayalam film will be given to any PVR owned screen or theatre till it compensates producers from the southern state for the loss suffered by them due to the multiplex company not showing films made by them across India. FEFKA general secretary Unnikrishnan B announced the decision at a press conference held here where noted producers like Blessy Ipe Thomas and Vineeth Sreenivasan were also present. Unnikrishnan said that there was an ongoing dispute between PVR and the film producer's association on the issue of virtual print fee (VPF) charged by the multiplex company. The producers' association decided not to give any films to PVR's new screen at Forum Mall till the dispute was resolved, he said. "As a countermeasure, PVR, with a cartel-like strategy, decided not to show any Malayalam film on any of the theatres or screens owned by them across India. This has caused a significant financial loss as well as .
Leading multiplex chain operator PVR expects the movie exhibition industry to bounce back "dynamically" in FY23 and plans to open as many as 125 screens during the year, its highest ever tally in a year. According to the company's latest annual report, PVR, which is merging with rival Inox Leisure, expects the process to be completed this fiscal. As per the terms of the merger, its Chairman and Managing Director Ajay Bijli will be the Managing Director and Joint Managing Director Sanjeev Kumar will be the Executive Director, respectively, of the combined entity PVR INOX for a term of five years. "Overall, business is expected to grow in the coming quarters, supported by the growth in ATP (average ticket price) and SPH (spend per head) already witnessed in Q3 & Q4 FY 2021-22, occupancy percentage reclaiming pre-COVID highs on the back of stellar content line-up, and the advertising income coming back to pre-pandemic level over the next few months," said the annual report for ...