Hindi
PVR plans to invest Rs 1.3 billion, add 72 screens by FY’11
MUMBAI: Delhi-based cinema exhibition major PVR plans to invest around Rs 1.3 billion and add 72 screens by FY‘11.
PVR will be setting up 32 screens this fiscal and has a capex requirement of Rs 500-600 million. “We have not added any screen yet this fiscal. All the 32 screens will come up in the fiscal third and fourth quarter,” a source in the company says.
PVR intends to invest Rs 600-700 million in FY‘11 and add 40 screens during the year, the source adds.
PVR currently has 26 cinemas with a total of 108 screens spread over Delhi, Faridabad, Gurgaon, Ludhiana, Ghaziabad, Mumbai, Bangalore, Hyderabad, Lucknow, Indore, Aurangabad, Baroda and Latur.
On the film production front, PVR will not have any releases this year. “The film distribution activity will speed up in the last two quarters. But we won‘t have any film releases this fiscal,” says the source.
PVR has co-produced a string of hits including Taare Zameen Par, Jaane Tu Ya Jaane Na, Contract and Mere Khwabon Mein Jo Aaye and distributed films like Ghajini, Golmaal Returns, Dasvidaniya, Dil Kabbadi, Sarkar Raj, Bal Ganesh, Loins of Punjab, Breach, Hannibal Rising and Don.
PVR is in negotiations to acquire DT Cinemas, a wholly owned subsidiary of DLF Group that runs 26 screens across five locations in NCR and one in Chandigarh.
PVR expects to post strong growth in the next two quarters as big-budget movies are set for release and the market is in recovery stage, the source says.
Hindi
Dhurandhar the revenge storms past Rs 1,000 crore in a week, rewrites box office records
Aditya Dhar’s spy thriller sets fastest run to Rs 1,000 crore with record-breaking weekday hold
MUMBAI: The box office has a new juggernaut—and it is moving at breakneck speed. Dhurandhar the revenge has smashed past the Rs 1,000 crore mark worldwide in just a week, clocking a staggering Rs 1,088 crore and resetting the rules of the blockbuster game.
Backed by Jio Studios and B62 Studios, and directed by Aditya Dhar, the spy action sequel opened to the biggest weekend ever for an Indian film globally—and then refused to slow down. Unlike typical tentpole releases that taper off after Sunday, this one powered through the weekdays with rare muscle, posting Rs 64 crore on Monday, Rs 58 crore on Tuesday, Rs 49 crore on Wednesday and Rs 53 crore on Thursday.
The numbers stack up to a formidable first-week haul. India collections stand at Rs 690 crore nett and Rs 814 crore gross, while overseas markets have chipped in Rs 274 crore, taking the worldwide total to Rs 1,088 crore in just eight days.
The film’s opening weekend alone delivered Rs 466 crore, laying the foundation for what is now being billed as the fastest climb to the Rs 1,000 crore club in Indian cinema. Every single day of its first week has set fresh benchmarks, from the highest opening weekend to the strongest weekday hold—metrics that typically separate hits from phenomena.
A sequel to the earlier hit Dhurandhar, the film has not just built on its predecessor’s momentum but obliterated previous records, emerging as the biggest global blockbuster run by an Indian film to date.
At this pace, the film is not merely riding a wave—it is creating one.
