×
You will be redirected back to your article in seconds

Indian Multiplexes Add Modernity to Expansion Drive

Chains add IMAX, Atmos features, Inox replaces Fame brand.

HONG KONG — A trio of unconnected developments this week point to a modernization and further development of India’s still small multiplex cinema sector.

  • Cinepolis, the Mexican cinema chain, is to open its first IMAX theater in India, the company announced. The giant screen will be part of the 14-screen Viviana multiplex being built in the outer Mumbai suburb of Thane. The announcement takes to 15 the number of IMAX theaters open or under contract to open in India.
  • Dolby Laboratories and Indian digital cinema integrator Real Image Media Technologies unveiled a deal on Monday for real Image to buy a minimum of 50 Dolby Atmos processors. The Atmos system creates an immersive sound experience and was introduced in early 2012. It has been installed by several Indian chains including PVR, Inox and Mayajaal. Real Image says it will use the Atmos systems throughout its facilities and among clients in the Indian subcontinent. It will also install over 200 Dolby Atmos Cinema Processor CP850 units in client chains, allowing cinemas to be Atmos compatible.
  • Inox Leisure has begun rebranding the Fame Cinemas chain it acquired some two years ago. The Fame website has been closed and Inox will begin the relabeling process in Mumbai, Bangalore and Kolkata. Some 88 screens at 24 Fame properties will be added to the Inox brand for a combined group with 284 screens in 73 locations.

    Inox acquired the privately owned circuit after a prolonged shareholder and courtroom battle with Reliance Big Cinemas. The purchase – temporarily – made Inox the biggest chain in India, though it has since been overtaken by PVR.

    “All Fame theatres now have the latest projection technology and are 3D-enabled,” said Inox Leisure CEO Alok Tandon. Tandon also said that the company is busy building further capacity. “We expect to add 45-47 screens across cities like Jaipur, Kolkata, Vizag, Lucknow, Gurgaon and Greater Noida,” he said.

  • More Biz

    • US Capitol

      The Sneaky Long Game of ALI’s Restatement of Copyright (Guest Column)

      Last week, Senator Thom Tillis and four other members of Congress sent a letter to an organization you may never have heard of, the American Law Institute (ALI).  The letter questions the ALI’s ongoing project to publish a competing version of the Copyright Act – or, as the ALI calls it, a “Restatement” of copyright [...]

    • Tom Petty’s Daughters, Widow Settle Legal

      Tom Petty’s Daughters, Widow Settle Legal Battle Over Estate

      Tom Petty’s widow and daughters from a previous marriage have settled their bitter legal battle, according to a report in Rolling Stone. Earlier this year, Adria Petty and Annakim Violette, the late singer’s daughters with his former wife Jane, sued his second wife, Dana York, for $5 million, alleging that she had deprived them of [...]

    • Tropical rainforest on the banks of

      Warner Music Aims to Plant 100,000 Trees in the Amazon as Holiday Gift to Staff

      In a move that inspired and environmentally conscious companies will hopefully emulate, as a holiday gift to its employees, Warner Music Group is partnering with the One Tree Planted organization to plant trees in the fire-ravaged Amazon forest. The company is planting 10 trees in the Amazon for each employee — a total of 48,210 [...]

    • Republic Records Names Chris Blackwell Senior

      Republic Records Names Chris Blackwell Senior VP of Creative Content

      Republic Records has named Chris Blackwell senior vice president of creative content & development, it was announced today by co-founders Monte and Avery Lipman and general manager Jim Roppo. According to the announcement, Blackwell will lead creative development for film, television and premium platform projects set to feature and showcase Republic Records artists. His responsibilities include establishing partnerships to create, develop, [...]

    • China Spying Technology Tik Tok Placeholder

      TikTok Gains Global Momentum -- but Also Raises Sticky Privacy Questions

      Bay Area rapper Saweetie didn’t intend for “My Type” to come out as a single. But when a clip of the bouncy anthem about desirable (and slightly vulgar) attributes in a partner started to take off on TikTok as part of a social media challenge, it became clear the song would be her defining hit. The [...]

    • Carlyle Group, Investors in Taylor Swift

      Carlyle Group, Investors in Taylor Swift Catalog, Address Scooter Braun Drama (Sort Of)

      Kewsong Lee, co-CEO of The Carlyle Group, a private equity fund whose assets include a minority investment in Big Machine Label Group, the record company that’s home to Taylor Swift’s catalog, spoke to CNBC’s “Squawk Alley” on Wednesday. During the interview, held at the Goldman Sachs Financial Conference, host Wilfred Frost asked the business executive [...]

    • Mergers and Deals Placeholder

      Top 19 Media Trends of 2019: Mega Mergers

      Media consolidation has been rife in the past two years, as traditional media companies have scaled up in order to protect themselves against the new entrants challenging their business.  Traditional media has spent $229 billion since March 2018 on just six key mergers as rivals opted to combine their assets to compete in the new [...]

    More From Our Brands

    Access exclusive content