In India multiplex industry is in nascent stage.As the world watches economy closely,India's cities are evolving and the plex industry is among the many sectors looking at tapping investment potential.
In the early 90's Ajay bijili invested Rs 45-50 lakh in his priya theatre to introduce dolby system.In 1997 India's first mutiplex at Saket delhi named pvr came into being.Five years before Anil ambani led entertainment group(then adlabs,now reliance media works) bought a controlling stake in Manmohan Shetty's adlabs in a whooping Rs 350 crore deal,along with their 16 multiplex screens the industry has not seen big buzz deal still, shravan shroff decided to sell his screen dream-fame(96 screens)to Inox and also small deals are going on inside mutiplex industry.this is due to the forecasting of there players in the industry because of huge untapping future potential.
according to the FICCI-KPMG 2010 report on the media and entertainment industry,by 2013,the number of plex screens in India is likely to cross 1600.60% of Indian theatrical revenves for hollywood and bollywood films,come from the plexes while for south Indian films its 25%.present investments is about 2220 crore about 850 screens and five years ago it was 497 crore.major players are BIG CINEMAS CINEMAX INOX FAME and PVR
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