Page 2 - Indian Multiplexes

Bollywood seeks to move past Covid-19 with $135 million film deal

Record label and Bollywood major T-Series, along with tycoon Anil Ambani's Reliance Entertainment Ltd. have agreed to jointly develop more than 10 features over the next 36 months

Multiplexes, theatres in Tamil Nadu to welcome guests from Aug 27

Multiplexes and theatres in Chennai and other parts of Tamil Nadu, as well, will start receiving film lovers from August 27, nearly four months after cinema halls were closed

Multiplexes appear ready to heal as curtains lift after long interval

According to industry experts, the absence of any new major release from Indian production houses is the biggest challenge multiplex operators face

As Covid cases dip, Cinemas in Delhi prepare to reopen with 50% capacity

Amid declining COVID-19 cases in the national capital, cinema halls across the city resumed business as they prepare to open with 50 per cent seating capacity.Halls were carefully sanitised and UV lights were installed in several theatres."Expecting to open by Friday. Producers are waiting to release their movies here because 'big screen is big screen'," said Delite Cinema Manager while speaking to ANI.Proprietor of Liberty cinema and President of Cinema Owners' Association of Delhi, said "The government has allowed cinemas to open with 50 per cent occupancy. We welcome this decision of the government. Cinemas are fully prepared to reopen. Everything is in place. The primary focus should be on proper sanitisation which is being taken care of."According to the manager at the Delite Cinema Hall, snacks will not be allowed in the halls and only seal-packed eatables will be available for sale.The Delhi government on Saturday issued orders allowing cinemas/theatres/multiplexes to reopen ...

The multiplex mess: Road to recovery for pandemic-battered cinema is long

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

We can't go back to last year: Retail associations urge Maharashtra govt

Cinema, retail, and shopping industries won't be able to bear another lockdown, industry associations said on Thursday

100% occupancy will be allowed in theatres from Feb 1: Prakash Javadekar

Adequate physical distancing, mandatory face masks and sanitisation of auditorium after every screening are among the latest SOPs issued by the Ministry of Information and Broadcasting on Sunday

Bollywood, reeling from coronavirus pandemic, shifts to streaming

India's film industry, which relied on theatrical releases, is experimenting with going straight to streaming services such as Amazon, Netflix and Disney's Hotstar.

After weak Diwali footfall, multiplexes pin hopes on December releases

Conversations with multiplex operators reveal that producers remain wary of releasing their films this month.

Multiplex stocks climb as Maharashtra allows movie theatres to reopen

The state accounts for a fifth of the screens for PVR and Inox Leisure

Multiplexes get the go-ahead, but dark cloud still hangs over silver screen

Filmmakers are not expected to be in a hurry to release movies in the October-November period, implying the quarter will hardly come to the rescue of theatre owners

Unlock 5: Govt permits cinemas, pools to reopen in Oct; issues new rules

Business to Business (B2B) Exhibitions will be permitted and SOP will be issued by the Department of Commerce

Near-term uncertainty in demand, costs to keep PVR stock under pressure

While lower costs are positive, cash burn may remain high even after resumption

Despite empty theatres due to Covid-19, multiplex stocks bounce back

Theater operators PVR Ltd. and Inox Leisure Ltd. have rebounded about 50% since May, after at least three consecutive months of losses

In pics: Exhibitors disappointed as cinema shutdown continues in Unlock 3.0

The government's decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said

Unlock 3.0: Not opening multiplexes to impact millions of jobs, says MAI

"We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown," MAI Member Alok Tandon said

Less than 50% occupancy not viable, won't open: Theatre owners to govt

The government is preparing new guidelines for further relaxation of restrictions from August 1

This is not like a one-quarter hit; it will take time: PVR chief Ajay Bijli

At a cinema level, we haven't laid off people but senior employees have taken a 50 per cent salary cut while others have taken a cut anywhere between 10 and 25 per cent, the chairman said

Multiplexes' revenue may be hit by up to 25% amid coronavirus spread

According to sources, the box office collections of Angr­ezi Medium dropped by 25% on Saturday.

Rewriting the script: Tech, wider footprint boost multiplexes' growth story

The box office collections in financial year 2018-19 grew by 14.7 per cent to stand at Rs 12,940 crore domestically, while the collections from the overseas markets rose by 16.1 per cent