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PVR and Cinepolis in Merger Talks

Indian Multiplex Majors in Merger Talks

Two of India’s largest multiplex operators are said to be in advanced merger talks. PVR is India’s largest chain and Cinépolis India, part of the Mexican cinema major, the country’s third-largest cinema chain. Such a deal would transform the Indian cinema market, which has struggle…

Carnival Cinema, PVR and Cinepolis India all target Gulf (image: Celluloid Junkie)

Carnival Acquisition of Novo Highlights Indian Cinemas’ Global Ambitions

India cinema operator Carnival Group has signed a definitive agreement with Qatar-based Elan Group to acquire its 100% stake in Novo Cinemas. While financial details were not disclosed it is estimated to be in the region of INR 500-690 crore (USD $75-100 million). The deal marks a ramp-up of Indian…

Emperor Group's Lan Kwai Fong cinema. (photo: The Standard)

Asia Cinema Property Update – October 2017

China/HK: luxury Central cinema; India: L&T’s Hyderabad Next multiplexes, Mukta Arts in TN, PVR Chanakya, Cinépolis Guwahati; Japan: Tokyo Midtown Hibiya Toho, Aeon Chofu; Kazakhstan: Astana; Malaysia: GSC Megawati Mall; Pakistan: Cinepax in Silakot; Singapore: Golden Village Paya Lebar; U…

Sydeny's Mov'in Bed cinema. (image: movinbed.com)

CJ Cinema News Digest – Friday 27 October 2017

Dear Junkies, The month before the Harvey Weinstein scandal exploded in Hollywood, the cinema industry was grappling with its own mini-Weinsteins. There was the Los Angels theatre Cinefamily sexual misconduct allegations, there was Alamo Drafthouse’s re-hiring of sexual harasser Devin Faraci a…

CJ CGV hearts Karo Cinemas

CJ Cinema News Digest – Tuesday 29 August 2017

CGV to buy Karo? US cinema advertising up; ‘Cine Cool’ in eastern France, Alamo goes clowns-only for ‘It’; Cineville stormed on terrorist fears; “Game of Thrones” in cinemas; LightVibes to foil piracy; Cinepolis Kochi closed; “Gone With the Wind” de-pr…

The first Cine Q opening on 24 Nov. (image: Cine Q)

Asia-Pac Cinema Property Update – Wednesday 23 August 2017

Korea first Cine Q, CGV in Bulsan; China new Cinker, oval dome IMAX; Japan Aeon in Nagano; India PVR Icon & regular multiplex in Pune; Singapore: Cathay in Parkway; Australia Event Cinema Sunshine Coast Closing: Lotte Jeju. Korea (Republic of, South) – New cinema operator Cine Q has unvei…

Regal Cinema 12 Henderson

CJ Cinema News Digest – Friday 28 July 2017

Earnings: Regal, Imax, PVR and Inox. Cinepolis India 600 by 2022, Montreal’s Cinéma Impérial loses power, “Battleship Island” on 50 ScreenX, “Okja” 300K admissions, German cine ads up 36.5% 1H’17, Tyneside Cinema CEO steps down, Rieu record redux, Hammer House of…

Mayor Bill Mars and Marcus Theatre mascot Studdy. (photo: Marcus Theatres)

CJ Cinema Property Update – Thursday 4 May 2017

USA: Marcus Southbridge, Alamo Staten Island, Reading Titan XC San Diego Japan: Sunshine Aira Korea: Megabox Songdo, Ariary Jeongseon China: Suning x2 Australia: Footscray and Perth UK: Perth and Aberdeen’s Blackdog Ireland: Galway arthouse to open this year Germany: Bergheim cinema Poland:…

Perhaps a Vue cinema soon? (image: Google Earth)

CJ Cinema News Digest – Tuesday 18 April 2017

Vue to buy Printworks, Odeon-Imax plans, fatal Showcase stabbing, Netflix France cinema pressure, India price cap, Cinepolis India UPI, 21% Germans ‘never’ go to cinema, 700 films banned in German cinemas, INCAA sacking protest, Picturehouse strike, Showcase shooting, another cinema stab…

Goodrich Riverview 14 GDX Cinema. (photo: Lois Kindle)

CJ Cinema Property Update – Wednesday 15 March 2017

USA: Goodrich goes Florida UK: The Light Sheffield & Scarborough, Cineworld Barnsley, Weybridge hopes for Everyman, Premiere Cinemas Haverfordwest Croatia: Blitz-Cineplex’s 13th is all-laser France: La Couronne opens Japan: United Cinemas 13-screen is Tokyo’s largest and 4DX, Aeon To…

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