clear clear clear clear clear
clear
  
Movies
   Scoops & News

Subhash Ghai ventures into the exhibition business



June 23, 2011 06:32:54 PM IST
Sreya Basu, IBNS, Glamsham Editorial
Send to Friend

The Show Man on Hindi Cinema- Subhash Ghai plans to transform Entertainment into a much Bigger Experience with his decision to venture into the exhibition business. After Production & Distribution, the Filmmaker decides to make a chain of multiplexes operational under the banner of Mukta Cinemas Brand.

Industry sources reveal that, the company plans to invest Rs. 50 crores in the next 3 years & most probably plans to tie up with mall owners in Baroda, Ahmedabad and Bhopal, on a revenue-sharing model. Also plans to rent space, instead of buying properties outright. The company plans to roll out 14 screens this financial year, with an investment of Rs. 20 crores.

SUBHASH GHAI
SUBHASH GHAI

Ravi Gupta, CEO of Mukta Arts, confirmed the development saying, "After production and distribution, exhibition was the next logical step for us."

The distribution arm of Mukta already controls the programming of 160 single-screen cinema halls and multiplexes, including Big Cinemas, Inox, Fame and several other chains and standalone properties. The Company also has interests in television and equipment hiring & also operates the Whistling Woods Institute, which imparts training in various skills related to films, television, and the media industry.

It's believed that once the Company ventures into this territory, it will embark all the major streams of the film business. So after introducing Mega-Movies, Mega-Talents, now it's time for some Mega-Experience!



 
 

 More on Glamsham


- Long Live MJ: This Chiranjeevi tribute, can Tiger 'Beat It'? - News
- Ranveer Singh has something special for Alia Bhatt - News
- Richa Chadha: I was stereotyped a lot; people thought I don't know English - News
- Riya Sen turns mysterious for Ragini MMS 2.2! - News
- Salman Khan pays back to Shah Rukh Khan - News
- Salman's TUBELIGHT is good to decent, 8 crore for BANK CHOR Vivek-Riteish! - News
- Sonam, Athiya, Kriti...7 worst dressed celebs of this week - News
- Suhana, Alia, Iulia...8 best dressed celebs of this week - News
- Aditya Roy Kapur, Varun Dhawan, Athiya Shetty snapped at bandra - Picture Gallery
- Aishwarya Rai Bachchan HD images - Picture Gallery
- Alia Bhatt - Picture Gallery
- Babe Of The Day - Picture Gallery
- Best Dressed Of The Week - Picture Gallery
- Btown celebs does yoga on International Yoga Day - Picture Gallery
- Irrfan Khan - Picture Gallery

   News Archives


   Comments

A Fifth Quarter Infomedia Pvt. Ltd. site.