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PVR Cinemas opens its first 12-screen superplex at Lulu Mall in Kerala
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IANS | 25 Nov, 2022
PVR Cinemas, one of the premium cinema exhibition companies in the
country, has opened its first 12-screen superplex at Lulu Mall in the
state capital.
The cinemas will commence operations from December 5.
By the end of this fiscal, the company plans to add 70 more screens across the country.
The
12-screen superplex was inaugurated on Thursday evening in the presence
of Ajay Bijli, Chairman and Managing Director, PVR Limited, Sanjeev
Kumar Bijli, Joint Managing Director, PVR Limited and Yusuff Ali M.A.,
Chairman and Managing Director of LuLu Group International along with
senior officials of PVR Limited.
This will be PVR's fourth superplex format in the country after New Delhi, Bengaluru and Noida.
With
this launch, PVR Cinemas has augmented its presence in the city of
Thiruvananthapuram with 14 screens across two properties and
consolidated its foothold in Kerala with 27 screens in four properties
and 311 screens across 50 properties in South.
The 12-screen
property at Lulu Mall, here is an innovative excellence, hosting
international formats like IMAX and 4DX, 2 of PVR's luxury formats, LUXE
intended for an audience segment that desires a great and exclusive
experience.
The Lulu property has a seating capacity of 1,739
audiences and is the first superplex in state of Kerala equipped with
plush recliner seats for enhanced comfort and 2K RGB+ Laser projectors
that deliver ultra-high resolution, sharp and bright images.
In
addition, the audis are equipped with advanced Dolby 7.1 immersive audio
and Next-Gen 3D technology.Each element in the multi-format auditoriums
is designed to create a powerful impact to make the movie-going
experience truly extra-large.
Ajay Bijli, Chairman and Managing
Director, PVR Ltd, said, they are delighted to partner with The LuLu
Group once again in Kerala as they look forward to presenting a
superlative movie going experience to our patrons.
"We are
thrilled to announce the opening of our first superplex cinema in Kerala
and it is the evolving demand from audiences that keeps us assertive
for bringing innovative global standards of cinematic experience to
every part of the country. With a strong upcoming film line up and a
huge pent-up demand from movie connoisseurs, we are confident that movie
buffs will enjoy our home-grown format and recognize our efforts," said
Ajay.
Yusuff Ali said they have always believed in setting new
benchmarks, and this new PVR Superplex with IMAX will further strengthen
our position as the top leisure destination for the residents and
tourists in the capital city.
"PVR will be with us wherever we open our malls in the country," said Ali.
Sanjeev
Kumar Bijli, Joint Managing Director, told IANS that 70 more screens
will be opened across the country before the end of this fiscal.
"People
have started to come back as in the post pandemic period we are doing
well and South India is the best with 50 per cent capacity, while to
break even we need 17 to 20 per cent capacity. We have drawn up plans to
see around 100 screens every year in the coming years. We work on a
lease model and we do not own properties," said Sanjeev.
He, however, ruled out entering the production arena or co- production, but said they distribute for other people.
"If things work out, we will partner with Lulu Malls outside India also," added Sanjeev.
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