Technoglitch
Core Member
The SPI Group currently runs a cinema exhibition, distribution and production business but are known for their portfolio of some of the most iconic cinema destinations across South India. According to the company's website, it currently operate close to 40 screens under 5 categories -- Sathyam, Escape, thecinema, Luxe, their uber premium offering and S2 Cinemas and are poised to open over 50 screens by early 2015. PVR, with 454 screens in 102 locations across 43 cities, is the largest cinema ..
JEWEL IN THE CROWN
What makes SPI Cinemas such a prized catch despite a small portfolio of just 40 odd screens that are largely concentrated in just 1 city - Chennai. For one, it is amongst the most profitable operators today with one of the highest average occupancy - over 65% -- anywhere in the country. It draws over 3 million customers a year. One of the sources mentioned above said the Reddy family owned chain is expected to post an Rs 85-88 crore EBITDA by the end ..
PVR set to acquire Chennai’s movie exhibition company SPI Cinemas for Rs 750-1,000 crore - The Economic Times
JEWEL IN THE CROWN
What makes SPI Cinemas such a prized catch despite a small portfolio of just 40 odd screens that are largely concentrated in just 1 city - Chennai. For one, it is amongst the most profitable operators today with one of the highest average occupancy - over 65% -- anywhere in the country. It draws over 3 million customers a year. One of the sources mentioned above said the Reddy family owned chain is expected to post an Rs 85-88 crore EBITDA by the end ..
PVR set to acquire Chennai’s movie exhibition company SPI Cinemas for Rs 750-1,000 crore - The Economic Times
