Mumbai, Jul 19 (PTI) Carnival group, which operates multiplex chain Carnival Cinemas, today said it will acquire Elan Group’s 100 per cent stake in Novo Cinemas United Arab Emirates and the Kingdom of Bahrain, for an undisclosed sum. Novo Cinemas…
Al-Futtaim and PVR signs a Memorandum of Understanding to establish a Joint Venture cinema business in MENA
New Delhi, India – July 10, 2018 – Al-Futtaim, one of the most diversified and progressive privately held regional businesses headquartered in Dubai, and PVR Limited, the largest and most premium film exhibition company in India have signed a Memorandum…
INOX Partners With GDC for the First Ever DTS:X Immersive Sound Technology for its Theatres in India
MUMBAI, June 8, 2018 INOX Leisure Ltd, India’s leading multiplex chain has partnered with GDC Technology Ltd for getting India’s first ever innovative SX-4000 immersive sound media server with a built-in DTS:X decoder, and the XSP-1000 cinema processor (GDC Immersive…
Oscar NOD for Indian Firm at 90th Academy Awards
In the recently-concluded 90th Academy Awards function, Jonathan Erland was given the Gordon E Sawyer Award for his technological contributions which have made an extraordinary and lasting impact on the motion picture industry. In Erland’s acceptance speech, he thanked Rajesh…
Record Imax Signings In India Continue as Five New Imax Theatres to Circuit Gets Added
IMAX Corporation and INOX Leisure Limited, a world-class multiplex chain in India, announced an agreement for five new IMAX theatres. The theatres will be added to a new complex, with two located in the city of Delhi and one theatre…
Nolan Takes Centre Stage in Mumbai
It was a packed house screening for renowned filmmaker Christopher Nolan’s Interstellar and Dunkirk in Mumbai. A 70 mm IMAX film screening of Dunkirk was held at 6 pm at Carnival Cinemas, IMAX, Wadala and a 35 mm film screening…
Inox Revenue Up 12% on Robust
Multiplex chain operator Inox Leisure reported 12 per cent increase in revenue from operations for the quarter ended March 31 (Q4FY18), to 3.24 billion from 2.89 billion in Q4FY17. EBITDA for the quarter rose 75 per cent to 438.8 million…