Breaking PVR and INOX to announce merger (update: Merger Announced)

[Prithi Deb]

Where do u watch most movies ?

Mostly PVR. As that's the only decent one here. Sound experience and 3D are somewhat dissapointing, but compared to the other Cinemas here, it's far better.
Earlier we had two PVRs here. But one of them closed down during the pandemic. It had huge screen, like single screen theatres.

 

[Itsme...]

Is INOX usually cheap?

Here in Guwahati, we have only one INOX. And the price starts from ₹750 (excluding convenience fee).

It's very cheap. On morning show,s start at 120. Sofa seats are 180. Rest show are 180 per seat and the highest is 280.

 

[Itsme...]

Probably, the only good thing about this will be that now anime movies acquired by PVR will be screened in INOX in my city. Otherwise nothing.

 

[viku20072000]

I doubt if this merger will be approved by Competition Commission of India (CCoI).

 

[Itsme...]

It's very cheap. On morning show,s start at 120. Sofa seats are 180. Rest show are 180 per seat and the highest is 280.

Correction- Maximum price is actually 230. Link- https://paytm.com/movies/cuttack/th...022-03-30&encSessionId=4325-19483-oa53hn-4325

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[Aksgr]

Making it one of the biggest screen chain in Asia.

 

[hike]

PVR was in talk with Cinepolis first, now all of sudden Inox. What PVR is upto? Wanna create monopoly?
If it happen we might see exclusive shows of cricket tournament and FIFA World Cup in cinemas soon. I remember there were Live broadcast of IPL in cinemas of my city.

 

[JollyLNB]

This is nothing like the merger between Zee and Sony or Vodafone and Idea. There, the merged entities had big competitors, namely Disney-Star/Viacom18 and Airtel/Jio. Here, the biggest competitor will now be Cinépolis which itself was trying to merge with PVR. I don’t think having a PVR-Inox monopoly is good for consumers.

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[Gopi27]

It will effect movie producer more. They generally do 50-50 profit share agreement with these Multiplexs.

Now, PVR Inox being single largest chain in Asia they may demand more profit share as high as 70%

If Movie distributors don't agree to their percentage sharing then Multiplexs won't play their films which will be even more loss to movie producer.

The only rival is Cinepolis chain which hardly have 20% of Combined PVR Inox chain.

 

[Roleplayer]

My preference... Cinepolic actually only

PVR & lnox not my fav