Adlabs Expands Into U.S. With 200 Screens

The stereotype of the immigrant Indian convenience store worker that has kept Apu employed at the Kwik-E-Mart for the past 17 years on ‘The Simpsons‘ may soon have to be changed to that of the immigrant Indian concession stand employee….

Indians Storm Texas Cinema Market

Indian exhibition company Pyramid Saimira Theatre (PSTL) has become the first Indian cinema operator to enter the US market with the acquisition of FunAsia cinema, radio and banquet halls (!) operation in Texas. The exhibitor operates 11 screens in Houston…

Sale of Hoyts Now A Two-Horse Race

The latest from Publishing & Broadcasting’s imminent sale of Australian cinema chain Hoyts is that the field of candidates is now down to two suitors. Sydney buyout firm Private Equity Partners is down to the wire against India’s Pyramid Saimira…

Sale of Australian Hoyts Said To Be Close

The sale of Hoyts, one of Australia’s Big Three exhibitors, is said to be imminent. Partly owned by James (Son of Kerry) Packer’s Publishing and Broadcasting and West Australian Newspapers, which bought Hoyts for $347m just two years ago. The…

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