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Covid2019 pushes PVR into the red in Q2

NEW DELHI: Multiplex chain PVR closed the quarter ended 30 September 2020 in the red with a net loss of Rs 184 crore, as compared to profit of Rs 48 crores during the corresponding period of last year. This comes as no surprise, considering that cinemas were shut all over the country for the better...

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PVR appoints former IMAX CEO Greg Foster as director

NEW DELHI: Multiplex chain PVR has appointed Greg Foster, former CEO of IMAX Entertainment and senior EVP of IMAX Corporation, to its board of directors Foster is the first American to be inducted to the company’s board, which has now been expanded to nine members. He owns and operates Foster +...

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Industry remains cautiously optimistic with reopening of cinema halls

For people across the film exhibition industry, the Unlock 5.0 guidelines have brought them a reason to smile. On Wednesday evening, the ministry of Home Affairs (MHA) allowed opening of cinema halls from 15 October with 50 per cent seating capacity.

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Will major studios go T-Vod in Bollywood?

Is this the shape of things to come? That’s a question most in the Indian film exhibition, production, distribution and streaming sectors are asking. The reference is to the deal that the world’s largest theatre chain AMC struck yesterday with Universal. It allows a crushing of the window of...

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Lionsgate India acquires exclusive streaming rights for Hollywood Blockbusters from PVR Pictures

MUMBAI: Hollywood content leader Lionsgate has acquired streaming rights of multiple blockbuster movies from PVR Pictures for Lionsgate Play. Lionsgate Play is one of the leading Hollywood content curator platforms in the country with various critically and commercially acclaimed films in its...

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