India  

Hollywood saves India's theatre chain

IndiaTimes Tuesday, 1 August 2023
India's biggest movie operator, PVR Inox, saw a rise in first-quarter revenue buoyed by international cinema. A struggling Hindi film industry, alongside the popularity of streaming services, made it challenging for traditional theaters to bring in more people. However, PVR Inox's Q2 net loss of INR816m ($9.92m) was down on Q1's INR3.33bn net loss. Despite this, the company said it was optimistic for the rest of the year, thanks to the improved performance of mid-scale Hindi movies. PVR Inox's shares rose as high as 2.4% on Tuesday.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

She always protects her students, even in the most dangerous times [Video]

She always protects her students, even in the most dangerous times

She always protects her students, even in the most dangerous times#usa #trending #kollywood #photooftheday #newyork #style #likeforlikes #miami #cinematography #beverlyhills #comedy #artist..

Credit: Rumble     Duration: 03:07Published
Cute cat [Video]

Cute cat

lala #lulu #chuchu #1971 #wind #not #try #funniest #to #challenge #way #one #claireluvcat #andrewlloydwebber #буффікоти #44коти #44cats #кліп #музика #міледі..

Credit: Rumble     Duration: 02:52Published