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…
Cinepolis Selects AAM to Manage Content and Operations across India
Arts Alliance Media (AAM), the global leader in digital cinema software and services, today announces that it has been selected by Cinépolis, one of the world’s largest exhibitors, to provide automated scheduling and content management across its entire circuit in…
Inox Selected GDC to Supply Ushio Lamps
GDC Technology Limited, a leading global provider of digital cinema solutions, today announced it has signed a three-year agreement with Inox Leisure Ltd (Inox Cinemas), one of India’s leading multiplex chain to supply Ushio lamps. The agreement, which became effective…
Mukta A2 Cinemas Acquires Sun City Multiplex Located in Mumbai
Mukta A2 Cinemas, has announced the acquisition of the Sun City Cinema in Mumbai. Mukta A2 Cinemas Ltd., is a wholly owned subsidiary of Mukta Arts Limited, with three iconic heritage properties across Mumbai that include New Excelsior Cinema, Jai…
Paytm Acquires TicketNew
Digital payments and e-commerce company Paytm has acquired Orbgen Technologies, the entity that operates Chennai-based online ticketing platform TicketNew, in a bid to fortify its entertainment ticketing business. While Paytm did not disclose the deal financials, the stock-based transaction is pegged…
PVR Cinemas and Imax Announces New Five-theatre Agreement in India
At a business briefing to Canadian Prime Minister Justin Trudeau during his first official trip to India, IMAX Corporation and PVR Cinemas announced an agreement for five new IMAX theatres. In attendance were Mr. Ajay Bijli, Managing Director and Chairman…
Cinemark Announces Remodel of 12-screen Theatre in Lufkin, Texas with Luxury Lounger Recliners
Cinemark Holdings, Inc., a leader in the motion picture exhibition industry, announced today that it will remodel its Cinemark Lufkin 12 theatre. The renovation and upgrade will include adding Luxury Lounger reclining seats to all auditoriums. Cinemark Luxury Loungers are…