Tag Archives: PVR

India takes luxury cinema concept further

Do you balk at the prospect of paying $25/£12/€19/Rs 1,000 for a cinema ticket? Then the future of India’s premium cinema market is not one for you. Right now there is a race between the major cinema chains in India to see who can the offer the most luxurious cinema experience to the audience segment with enormous price elasticity. From liveMINT/WSJ.com:

Adlabs Cinemas, an arm of the Reliance-Anil Dhirubhai Ambani Group’s Adlabs Films Ltd, is raising the stakes in the battle for cinema goers’ wallets by launching a chain of stand-alone luxury lounges centred around film.

The cinema chain will open up to a dozen independent 6,000-10,000 sq. ft lounges over the next year, loosely based around the concept of its existing “ebony lounge” format that offers audiences reclining leather chairs and waiter service.

“Cinemas are our iconic statements,” says Tushar Dhingra, chief operating officer of Adlabs Cinemas. “We want to set a world benchmark for the cinematic experience. What we create has the potential to set a trend.”

“It is no-holds-barred. Anything can be done. The premium and mass markets in India are the sweet spot. They are largely unpenetrated, and we are well positioned to move in,” he added.

Adlabs Cinemas is far from alone and will be battling it out with the likes of Fame and PVR, though the latter has reservations about the prospects for the market:

Ajay Bijli, managing director of PVR Cinemas Ltd, says that although the top segment does represent an opportunity, the mass market will continue to provide the bulk of the company’s revenues. “I don’t think that stand-alone gold classes would work,” says Bijli. “It is just a way of catering to more than one audience. But, out of a cinema hall of 500 seats, only up to 40 seats would be gold class.”

I for one love the Adlabs Ebony Lounges, though sadly there are none where I live in Mumbai (yet!) and the Cinemax equivalent is just not as, well, luxurious. However, I find that the typical multiplex hall is as good if not better than what I was used to back in London.

If only it wasn’t for the dim projector. As you might have guessed, my local multiplex is not digital.

Popularity: 13% [?]

PVR & Major Cineplex – Bowling for Celluloid

Two of the largest exhibitors in India and Thailand have joined forces to launch a host of non-film ancillary entertainment propositions. From the Hollywood Reporter:

New Delhi-based PVR Ltd. and Thailand’s Major Cineplex Group have created a joint venture to launch PVR Blu-O, which will feature bowling alleys, karaoke centers, ice skating rinks and gaming zones, Major said in a stock market filing Tuesday.

The agreement was signed Tuesday in Bangkok by Major Cineplex Group chairman and managing director Vicha Poolvaraluck and PVR chairman and managing director Ajjay Bijli.

Major cineplex logoPVR will hold the majority stake in the joint-venture, which will be worth around $2.25m and see the light of day in Q2 of this year. The first location wil be near one of PVR’s upcoming cinema locations in Delhi.

Popularity: 14% [?]

PVR expands high and low in India

Indian exhibitor PVR has given details about its expansion plan in India, which involves almost doubling in size over 14 months and adding both high-end and low-end cinemas to its expanded geographical base. “While the company is aggressively planning to open screens in north and south India in the near future, it also wants to strengthen its presence in west India and make new forays in east India, where the property and retail economy is up.” according to an article in The Hollywood Reporter. PVR also plans to expand the PVR Talkies, “no-frills multiplex concept in smaller cities”, of which it currently has nine and 20 per cent of its new builds will be focused on. So word on any international ambitions along the lines of its Indian rivals Adlabs and Pyramid Saimira.

Popularity: 8% [?]

No ‘Welcome’ For ‘Sweeney’ At multiplex

Marcus Theatres has pulled “Sweeney Todd” from showing on any of its 49 cinemas as they thought Paramount was asking for too much. From Variety:

“Unfortunately, as a result of the negotiations with Paramount reaching an impasse, Marcus Theaters will not be showing ‘Sweeney Todd’ in any of its locations,” Marcus prexy Bruce J. Olson said in a statement.

“This decision was reluctantly reached because the price requested by Paramount to show the film in Marcus Theaters was too expensive in the opinion of our film buyers,” Olson said.

Meanwhile in India, only one multiplex operator is showing either of these weeks big releases, “Welcome” and “TZP”, because they couldn’t agree with distributors on rental terms. From Times of India:

The movies are running only at the PVR chain of theatres. PVR and Studio 18, the distributors of Taare Zameen Par and Welcome respectively, are demanding higher revenue shares from multiplexes.While PVR is demanding 50:50 share for the first week of the film’s release in Mumbai and other cities, for the second week, the ratio would be 42.5:47.5. In third week, the share would depend upon the film’s performance.

Bad news for the business that was just celebrating the return to form with the I Am Legend strong opening.

Popularity: 7% [?]