Subhash Ghai's 70 mm plans

Subhash Ghai's 70 mm plans
Thursday, June 23, 2011 10:29 IST
By Santa Banta News Network
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 crore.

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!
Death Threats to Shah Rukh Khan: Lawyer Arrested in Chhattisgarh for Extortion Attempt!

In a shocking turn of events, a man identified as Mohammad Faizan Khan has been arrested for issuing death threats to Bollywood superstar Shah Rukh Khan. The accused, a lawyer by

Tuesday, November 12, 2024
Bigg Boss 18: Vivian Dsena and Chahat Panday's Coffee Banter Steals the Show; Frenemies Turn Friendly Over French Coffee!

In the latest promo of Bigg Boss 18, contestants Vivian Dsena and Chahat Panday, known for their heated arguments and on-screen rivalry, showcased a lighter side of their relationship

Tuesday, November 12, 2024
Varun Dhawan Praises Pooja Hegde's Stunning Look; Sparks Excitement for Upcoming Film!

Bollywood actor Varun Dhawan recently showered praise on actress Pooja Hegde, who made heads turn with her stylish and edgy outfit in her latest Instagram photoshoot. Pooja shared a

Tuesday, November 12, 2024
Half Love Half Arranged S2 Trailer Unveiled!

Get ready for an exciting and drama-filled journey as Amazon MX Player, Amazon's free video streaming service, and Dice Media's much-loved rom-com series Half Love Half

Tuesday, November 12, 2024
Model Sifat Sehgal opens up about her battle with Anorexia!

In a candid and courageous revelation, model and reality TV star Sifat Sehgal has opened up about her harrowing journey with anorexia and her recovery, offering an unfiltered

Tuesday, November 12, 2024
ADVERTISEMENT
ADVERTISEMENT