Page 3 - Multiplex
West Bengal: Actor-MPs urge Centre to reconsider reopening cinema halls
Four actors of the Bengali film industry, three of them ruling TMC MPs, have urged the Centre to consider re-opening movie theatres with necessary COVID-19 protocols in place, underscoring that cinema hall owners and employees are under severe financial duress. Sources in the industry said the actor-MPs have made the plea as members of Tollywood, and not in their political capacities. Actor Dev, who has shouldered a string of blockbusters, tweeted on Sunday, "Requesting GOI to rethink about Opening of Cinema http://Halls.So many families are depending upon Cinema Hall." "Requesting @PrakashJavdekar ji with folded hands ji to rethink about the decision #SupportMovieTheaters #SaveCinemas," the Ghatal MP said. Basirhat MP and actor Nusrat Jahan also sought the intervention of I&B minister Prakash Javadekar for re-opening of cinema halls. "The highest tax-paying Entertainment Industry is on the verge of collapse. Its high time to open Cinema Halls with requisite SOPs in
 "West Bengal: Actor-MPs urge Centre to reconsider reopening cinema halls")
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
 "Despite empty theatres due to Covid-19, multiplex stocks bounce back")
Multiplex Association urges govt to allow operation of cinema houses
Amid rising Covid-19 cases in the country under the government's Unlock 2.0 guidelines, cinema chains have not been given permission to operate
 "Multiplex Association urges govt to allow operation of cinema houses")
Multiplex chains on overdrive to add screens next financial year
Leading multiplex chain owner PVR Cinemas, which opened 83 screens during 2019-20, has now set a target of 120-130 screens for the next FY
 "Multiplex chains on overdrive to add screens next financial year")
India's oldest multiplex finally pauses for breath, closed for six months
Virtually every film buff in the city has an Anupam story, of standing for hours in line to buy a ticket for the latest Hollywood or Bollywood film
 "India's oldest multiplex finally pauses for breath, closed for six months")
Listed multiplex players still a hit despite slowing economic growth
Strong footfall and good-quality content expected to offset growth pressure on advertising revenue
 "Listed multiplex players still a hit despite slowing economic growth")
Unnerved by Reliance Jio offer, leading multiplex companies hit back
Say will not screen films that are released on OTT simultaneously
 "Unnerved by Reliance Jio offer, leading multiplex companies hit back")
Multiplex stocks buck consumption slack as urban focus, content push growth
The rise in footfalls is expected to translate to higher sale of food and beverages, further strengthening top line growth
 "Multiplex stocks buck consumption slack as urban focus, content push growth")
Food at multiplexes: NCP leader wants govt to change its stand in HC
The court was hearing a PIL opposing ban on outside food at multiplexes
 "Food at multiplexes: NCP leader wants govt to change its stand in HC")
Popcorn too expensive? Now take your food inside multiplexes in Maharashtra
Multiplexes in Maha to face action if they bar movie watchers from carrying food from outside
 "Popcorn too expensive? Now take your food inside multiplexes in Maharashtra")
Multiplex screens to cross 3000 by 2019: ICRA
ICRA's maintains a positive outlook for the industry over next 3 to 5 years owing to low screen density in India and increasing preference for multiplexes over single screen theatres
