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AJAY BIJLI
MD/PVR Cinemas
The pioneer of multiplexes in India,
Bijli believes they have propelled the process of segmentation |
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SHRAVAN SHROFF
MD/Shringar Cinemas
With plans for 21 multiplexes over
the next three years, Shringar will be a big national player |
The great Indian multiplex saga
(from almost none a decade ago, there are now 73 multiplexes across
15 Indian cities) is not just about watching films in a different
ambience (and how!); rather, it is about a change in the kind
of films we watch. Ajay Bijli, Managing Director, PVR Cinemas,
believes multiplexes have propelled the process of segmentation.
That is the same language most producers speak and it can be easily
explained thus: a niche-appeal movie can still fill up a theatre
in a multiplex because most multiplexes have at least one hall
with 200, maybe fewer seats. "Some films are made only for
the multiplexes," explains INOX Leisure's COO Alok Tandon.
What started as an essentially urban phenomenon has now moved
to even smaller towns. "Multiplexes offer benefits like flexible
show timings, which provide a high level of convenience to customers,"
says Arun Mehra, Chief Marketing Officer, Shringar Cinemas, explaining
one not-too-well-known reason for their growing popularity. They
are also highly profitable. Reason? With their smaller capacities,
they run to capacity more often than not. "The revenue per
seat from a multiplex is five-to-eight times higher than that
from a single- screen theatre," says Ravi Gupta, CEO, Mukta
Arts. There's a surprising flip side to this popularity, one that
is summed up by Nagesh Kukunoor, the director of movies such as
Iqbal and Hyderabad Blues: everyone wants to have their movie
shown in a multiplex. "We thought this was an opportunity
(for film makers like US), but we have just ended up jostling
for space."
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