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Bhawesh

Stealth • 12d

PVR Cinemas Overview 1. Foundation (1997): Established as a joint venture between Priya Exhibitors (Ajay Bijli) and Village Roadshow, with its first multiplex in Delhi. 2. Growth: Introduced India's first multiplex culture; became a leader with innovations like PVR Gold Class, Luxe, and IMAX. 3. Major Acquisitions: Acquired Cinemax (2012) and DT Cinemas (2016), expanding its screen count significantly. 4. Technological Advances: Adopted digital projection, 4DX, Dolby Atmos, and personalized services for a premium experience. 5. Merger with INOX (2022): Created India’s largest cinema chain, operating over 1,800 screens. 6. Revenue Streams: Tickets, F&B, advertisements, and loyalty programs like PVR Privilege.

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Navneet Chaudhary
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Ozone Pharma • 11d

Also, the PVR has realized that attracting viewers to cinema halls has become increasingly challenging due to the rise of OTT platforms. Following its merger with INOX, the company diversified into the F&B business by partnering with Devyani International to establish F&B outlets. It now allows non-ticket holders to purchase food as well. Notably, the F&B segment accounts for 37% of PVR's revenue and is growing faster than its ticketing business.

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