The court said PVR Inox had fulfilled its obligations by promoting the film, reserving screens, and offering tickets; a sudden cancellation would affect its reputation and goodwill.
According to the owner of a shop near the PVR, the explosion was not very loud & a 'white powder was found' at the spot. Police are investigating the possible cause of the blast.
The company said the June quarter witnessed a muted start, with limited releases in Hindi, but saw the highest number of Hollywood movies since the pandemic.
The combined advance sales for 'Oppenheimer' & 'Barbie' for Fri-Sun were 9,00,000 tickets — highest for any film outside Marvel or 'Avatar' series, said company co-CEO Gautam Dutta.
PVR has been screening concert films of K-pop bands since 2018. Their other biggest international draw is anime. Suzume, released in April across 85 cities collected Rs 10 crore
Occupancy rates at Inox were 17% and PVR at 24% this quarter, analysts at a research firm said, while blaming lackluster attendance, Bollywood fatigue and rise of streaming services.
In the latest edition of ThePrint 'Off The Cuff', Ajay Bijli, chairman and managing director, PVR Limited, was in conversation with our Editor-in-Chief Shekhar...
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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