Movies

Carnival Cinemas and MovieTime form strategic alliance

Carnival is accelerating towards its 'Vision 1,000 screens' in the next two years.

https://indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/08/30/photogrid_plus_1630329212507.jpg?itok=ZUyZLks3

Mumbai: Multiplex chain Carnival Cinemas on Monday announced a strategic partnership with MovieTime Cinemas.

As part of this alliance, Carnival will offer business management services to MovieTime for operating their existing portfolio of 65 screens and also other upcoming screens as and when they start running.

Carnival will bring in its expertise to tap the synergies between both the exhibitor brands for strengthening their market standing in the cinema exhibition space.

Carnival Cinemas is accelerating towards its 'Vision 1,000 screens' in the next two years and this scaling up will further help it to carve a win-win for all partners involved, said the statement.

Carnival Cinemas is currently present in 120 cities at 162 locations with 450+ screens. With this tie-up, Carnival will now be managing the operations of about 525+ screens across India, it added.

“We are very happy to join hands with MovieTime and explore various ways of value addition for both the entities. We are also looking at synergy in other fields where we both can operate in spaces such as food business," said Chairman Carnival Group, chairman, Shrikant Bhasi.

“We are pretty confident that, this association will help both of us enhance each other’s operational efficiencies," MovieTime Cinemas, chairman, Anil Kapoor.

MovieTime Cinemas presently operates in Maharashtra, New Delhi, Gujarat, Uttar Pradesh, Haryana, J&K, Uttarakhand, Karnataka, Punjab, and Telangana under the owned and leased models.

Latest Reads

https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/01/photogrid_plus_1633095639268.jpg?itok=0hg4b1eN
Jay Pandya joins Legend Global Studio as CEO

Mumbai: Jay Pandya has joined media company Legend Global Studio as chief executive officer, according to his LinkedIn profile. Prior to this, Pandya was associated with OTT platform Zee5 where he was head of content acquisition and partnership for more than five years. He previously worked with...

Movies Hindi
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/30/photogrid_plus_1632986374465.jpg?itok=QtF59rz4
Siddharth Roy Kapur re-elected as president of Producers Guild of India

Mumbai: Roy Kapur Films founder and MD Siddharth Roy Kapur has been re-elected as president of Producers Guild of India at the 67th annual general meeting (AGM) of the association held virtually on 29 September. Reliance Entertainment's Shibasish Sarkar was named as vice president of the industry...

Movies Hindi
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/29/kitchen.jpg?itok=n6LxzWNt
ITC Kitchens of India to feature on Inox’s menu

Multiplex chain Inox Leisure Ltd on Wednesday announced its partnership with ITC Ltd's Ready-to-Eat gourmet brand Kitchens of India to introduce a redefined, innovative F&B experience across all multiplexes of Inox in India.

Movies Movies On Mutiple Platforms
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/25/photogrid_plus_1632570046924.jpg?itok=Ag4_AwD-
Cinema halls, drama theatres to reopen in Maharashtra from 22 Oct

Mumbai: Maharashtra chief minister Uddhav Thackeray has announced that cinema halls and drama theatres in the state will be allowed to operate starting from 22 October. Theatres will have to adhere to the norms set by the government to prevent the spread of novel coronavirus. The state government...

Movies Hindi
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/25/photogrid_plus_1632565933624.jpg?itok=NJ87HQxa
Taapsee Pannu-starrer 'Rashmi Rocket' to directly premiere on Zee5

Mumbai: Video streaming platform Zee5 is set to premiere Tapsee Pannu-starrer sports drama "Rashmi Rocket" on 15 October. The film is produced by Ronnie Screwvala, Neha Anand and Pranjal Khandhdiya under RSVP and Mango People Media.

Movies Hindi
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/24/photogrid_plus_1632466816817.jpg?itok=bxahP8Mj
Prime Video to stream original film ‘Sardar Udham’ in October

Mumbai: Amazon Prime Video has announced its new original film "Sardar Udham," which will begin streaming in October. “With every story that we present on Amazon Prime Video, we ensure that the narrative is replete with emotions and depth that finds a place in the heart of every viewer,” said...

Movies Hindi
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/22/photogrid_plus_1632296473031.jpg?itok=7CwI3E9w
Viacom18 Studios, Dharma Productions ink four-film distribution deal

Mumbai: Viacom18 Studios on Wednesday announced its partnership with Dharma Productions on four Hindi films meant for theatrical, broadcast, and streaming distribution. The titles which are part of this deal are in various stages of production and are expected to release over the next 18- 24 months.

Movies Hindi
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/16/th.jpg?itok=NdUCu-rc
2021 global cinema revenues drop to half of pre-pandemic levels

The total revenues generated by the global cinema industry are set to reach only 50 per cent of 2019’s pre-Covid revenues according to Omdia’s latest Cross-Sector Windows report.

Movies Hindi
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/13/photogrid_plus_1631512794665.jpg?itok=t9KfWLHB
T-Series, Reliance Entertainment ink a 10-film deal at Rs 1K cr investment

Mumbai: Film production houses T-Series and Reliance Entertainment have joined forces to produce more than 10 films together across varied genres with an investment of approximately Rs 1000 crore. The production houses together will produce big-budget tentpole projects as well as mid-small budget...

Movies Hindi

Sign up for our Newsletter

subscribe for latest stories

* indicates required