India

Ten Thousand 4K Screens for India?

Mon, 05/23/2016 - 11:49 -- Nick Dager

At a press conference in Los Angeles later this week, executives from the Dubai-based Aries Group will announce their plans to increase the international investment in the Indian film industry and to build 10,000 new 4K-projection multiplexes to serve the country’s burgeoning and entertainment-hungry middle class. If the group is successful, they will address a problem that has long plagued the Indian film industry.

UFO Moviez Launches Nova Cinemas

Wed, 02/24/2016 - 10:28 -- Nick Dager

UFO Moviez India has launched a franchise brand called Nova Cinemas under its subsidiary Valuable Digital Screens Private Limited. With this asset light initiative, VDSPL aims to recreate the screen growth in non-metro regions across India. Under Nova Cinemas, VDSPL will encourage local entrepreneurs to own and operate Nova branded theatres in various parts of the country.

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