PVR to add 50 screens in 2009-10.

Multiplex chain operator PVR plans to spend Rs 100 crore in the fiscal 2009-10 for building 50 screens and two bowling alleys.The company on Tuesday launched its first bowling entertainment centre in collaboration with Thai company Major Cineplex under the brand Blu O at Gurgaon. PVR Blue O, a 51:49 joint venture between PVR and Major Cineplex, plans to open 400-500 bowling lanes across metro cities in the next five years. PVR ‘s managing director Ajay Bijli said the company will expand bowling alleys to Mumbai, Bangalore, Chennai, Pune in the first stage. “We will open over 20 bowling alleys per location and we have kept our cover charges on par with a movie ticket,” he added. Talking about the film production and distribution business, Mr Bijli said that the company is evaluating scripts and will look at making 4-6 movies in the next 2 years.

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One Response

  1. I would like to know how the joint venture does process since the agreement. Does the joint venture go on smoothly or are there any obstacles to solve in order to build this alliance?
    It would be nice to receive reply.
    with best regards,

    Pat

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