Media & Entertainment

PVR , India’s leading multiplex operator, has closed a deal to acquire real estate company DLF’s cinema exhibition business, branded DT Cinemas , with fewer screens than originally planned. The acquisition, which was announced in June last year, was scrutinised by the Competition Commission of India ( CCI ), which gave its conditional approval last […]

One of the leading direct-to-home (DTH) players, Tata Sky, has announced partnership with electronic payments company TechProcess Payment Services for the next gen digital payments platform. This platform will allow the DTH operator to offer multi-mode online and mobile payments options to its subscribers to make digital payments. The Next Gen Digital Payments Platform will […]

Continuing its expansion, multiplex operator PVR Cinemas on Wednesday said it has opened a five screen hall in Panvel, Maharashtra. In proximity to Mumbai, Panvel is an important city of Raigad district (Maharashtra) and is highly populated due to its closeness to Mumbai. PVR, India’s largest cinema exhibition company, has opened the 5- screens multiplex […]

Mexican multiplex chain Cinepolis will invest Rs 400 crore to open 160 cinema screens across the country by the end of next year. “We will invest Rs 400 crore to open 160 screens by December 2017 in India. India is the second largest market for Cinepolis after Mexico,” Cinepolis India Managing Director Javier Sotomayor told […]

Dubai-based Landmark Group’s entertainment arm Landmark Leisure is planning to invest around Rs 1,200 crore to increase the number of its Fun City entertainment centres to 100 in India over the next 5 years. At present, the company has 19 Fun City centres in the country. “Landmark Leisure will expand presence of Fun City entertainment […]

Entering the large cinema outlet format, multiplex major PVR Limited on Monday said it has opened the 15- screen “Superplex” and has invested about Rs. 48 crore to setup the property in Noida. This takes the total number of screens for PVR to 516 across the country. “Noida has been a big market and you […]

Multiplex operator Inox said it has entered the North East with the launch of a property in Jorhat, Assam. The new multiplex will include 2 screens and a seating capacity for 277 seats. With the latest addition, Inox now has 416 screens in 106 properties across 57 cities and 19 states in India, the company […]

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