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PVR MULTIPLEX’S CHAIN NEW FEAT

PVR becomes the First Multiplex CHAIN  in India to
cross the landmark of 500 screens in India’s cinema exhibition history

Opens its 9th property in Punjab with a 4 screen multiplex at Pathankot

  India’s largest cinema exhibition company, PVR Ltd is celebrating a major event in the history of cinema in India by reaching the mark of 500 screens across the country; this is the first time an exhibitor has accomplished this milestone while continuing to provide world-class cinematic experiences to moviegoers in 45 cities pan India.

PVR’s incredible journey began in 1997 with the opening of India’s first multiplex cinema, PVR Anupam in Saket. The cinema was a hit with Delhi from the very first day introducing to the city a new paradigm in cinema going-modern, clean and imbued with state-of-art technology. This led, in turn, to superlative movie experiences. From the first screening of Shahrukh’s “Yes Boss” to Priyanka’s “Jai Gangaajal” this week, PVR Anupam laid the bedrock for a major business in entertainment.

PVR’s advent into the multiplex industry came at a time when the entire fate of the movie business was uncertain. Triggered by video piracy and the dilapidated condition of cinemas with poor projection & sound quality, unhygienic atmosphere, dark & dingy environment, people were becoming averse to watching movies at cinema halls.  PVR provided choice to consumers to watch any movie under a single roof by way of a clean & hygienic place, staff serving in clean uniforms and a colourful ambience, it transformed the way millions of Indians consume movies. In a way PVR is being credited of ‘Taking India to movies’, reviving the movie industry when all seemed lost.

Unaware of the multiplex format, PVR had to convince the government authorities, rewrite building bylaws that it was possible to have four cinemas under one roof without compromising on safety parameters.

Considering India as a heterogeneous market, PVR has given the Indian audience a grand spectra of cinema formats like PVR Heritage, PVR Premier, PVR IMAX, PVR Director’s Cut, PVR Gold Class, PVR Premiere, PVR Talkies and the latest addition being PVR Icon & PVR Superplex.

A company of many firsts in the Indian multiplex industry, PVR is India’s first fully digital cinema chain and the first in India to sign a 50 screen deal pan India with Dolby Atmos.  PVR is the first to offer online ticketing, queue- less box office through Quick-TIx Counters,  QR code ticketless entry, and ‘on the seat’ food offerings. PVR is also the first multiplex chain to install 3D enabled screens at all its multiplexes.

Primarily starting as a north centric cinema brand, PVR assumed status of a national cinema chain within 4 years of its starting operations.  The acquisition of Cinemax India in 2012 propelled India into the big league. Being the largest cinema chain in India & entertaining over 70 million patrons, PVR’s dominance in the multiplex industry in India now extends to 501 screens, 111 cinemas in 45 cities across India. PVR has achieved a steady year on year growth with over 18 years of its existence redefining the way people watch movies with the launch of various formats under the gamut of cinema viewing experiences.

Speaking on the occasion of achieving this milestone, Mr. Ajay Bijli, Chairman & Managing Director for PVR Limited said “We are very excited to achieve the historic milestone of 500 screens. PVR always pushed the envelope to provide unique cinematic experiences for its audience. We are privileged to have been supported by millions of movie goers across India who have appreciated the brand and made it bigger. We cannot thank enough our shareholders and investors who have shown immense faith in us over the years. With this achievement we continue to inspire excellence in the industry and achieve another milestone of 1000 screens by 2018.”

About PVR Limited

PVR is one of the largest and most premium film and retail entertainment companies in India. Since its inception in 1997, the brand has aimed to redefine the way people watch movies in India. PVR currently operates a cinema circuit comprising 501 screens spread over 111 properties in 45 cities across India. The company currently serves 68 million patrons across India.

 

For further information, please refer to the PVR website:

      http://www.pvrcinemas.com/corporate/about-us.aspx

 

Mar 08, 2016
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