Tag: Belgaum

  • PVR opens three screen multiplex in Kolhapur

    PVR opens three screen multiplex in Kolhapur

    MUMBAI: Multiplex player PVR has opened a new multiplex at DYP City Mall in Kolhapur, Maharashtra. 

     

    The three screens multiplex with a seating capacity of 726, enabled with state of art technology and 3D technology with 7.1, became operational from 22 October.

     

    With the opening of this multiplex at Kolhapur, PVR’s screen count in Maharashtra has touched 138 across 34 properties. Pan India, the multiple chain now operates 477 screens at 107 locations across 44 cities in 15 states and 1 Union Territory.

     

    PVR joint managing director Sanjeev Kumar Bijli said, “Our debut in Kolhapur is an earnest attempt to bring in the multiplex culture to the city. We want to make sure that the best in class cinematic experience is accessible to all our patrons, not only metros but to tier 2, tier 3 cities.”

     

    “Kolhapur is a film city for the cinema lovers and we see tremendous scope and potential in this market to launch our property. I would like to extend my gratitude to the mall developers, Mr Sanjay Dnyan Deo Patil of DYP Group, who has provided us the most suitable location – in the heart of the town, which is easily accessible to our patrons not only in Kolhapur, but also in adjoining cities like Belgaum, Bhiwandi, Ichalkarangi etc,” he added.

     

    PVR Cinemas CEO Gautam Dutta said, “From being an industrial hub for the entrepreneurs, to a favourite tourist destination for the explorers; Kolhapur breeds a population with varied interests. But one thing, which binds everyone is cinema; no wonder that the city plays a host to so many important film festivals. This is PVR’s debut project in Kolhapur.”

     

    The opening of this cinema is a part of PVR’s organic growth strategy of PAN India expansion and increasing its presence in major cities.

  • Asianet News Network acquires 51% stake in Kannada Prabha

    Asianet News Network acquires 51% stake in Kannada Prabha

    BANGALORE: Asianet News Network (ANN) has acquired a 51 per cent stake in Kannada Prabha, the New Indian Express Group’s leading Kannada daily newspaper, as it seeks to spread its footprint across television, Internet and print.

    The financial details of the deal could not be ascertained.

    Rajeev Chandrasekhar’s regional news empire now consists of Asianet News in Malayalam, Suvarna News in Kannada and a major part of Kannada Prabha.

    Kannada Prabha was founded by Ramnath Goenka on 4 November 1967. With a tagline ‘The Most Powerful Kannada Newspaper’, the Bangalore-headquartered Kannada Prabha is spread across the state with other editions in Mangalore, Shimoga, Hubli, Belgaum, Hyderabad and Goa.

    Says ANN chairman Rajeev Chandrasekhar, “This alliance will leverage the vast synergy between two of Kannada’s most respected and credible news brands, namely Kannada Prabha and Suvarna News 24×7. This partnership and strategic alliance will be transformational for the reader and the viewer, giving the best in editorial, news reporting and features acceptable to millions of readers and viewers. ANN’s journalism credo ‘Nera Ditta Nirantara’ (Straightforward, Bold and Relentless) will now be visible in Kannada Prabha as well.”

    Senior journalist Vishweshwar Bhat has been appointed as the Editor-in-Chief and will spearhead the integration and growth of all the platforms.

    Suvarna News is investing in a new Bangalore studio and news gathering infrastructure, which is scheduled to be commissioned in the next few months.

    Chandrasekhar had earlier acquired Asianet, which owned and operated a clutch of popular Malayalam channels. He went on to launch Asianet Suvarna, a Kannada general entertainment channel, and Suvarna News 24×7. In late 2008, he sold the entertainment channels to Star India while retaining the news outfits.