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Jan 20, 2024 · PVR Ltd strategically acquired SPI Cinemas to expand its presence in South India, particularly in Chennai. By acquiring SPI Cinemas, PVR gained access to a portfolio of iconic theatres such as Sathyam Cinemas and Escape Cinemas, solidifying its position as a market leader in the region. Benefits of the Acquisition:
Aug 14, 2018 · On Sunday, PVR Cinemas issued a release saying that it had acquired SPI Cinemas, which owns the iconic brand Sathyam Cinemas, in a transaction valued at ₹850 crore.
Aug 16, 2018 · The Chennai based SPI Cinemas with their flagship Sathyam theatre redefined the cinematic experience. PVR by acquiring SPI’s 76 screens spread across 17 properties in 10 cities has now 706 screens across 152 properties in 60 cities in India.
Nov 28, 2021 · The deal that was struck by PVR Cinemas to buy out SPI Cinemas, a popular cinema chain owner that is headquartered in Chennai and owns several properties across Karnataka, Andhra, Telangana,...
Aug 20, 2018 · Advertising gurus agree that it will be crucial for PVR to fall in line with SPI Cinemas’ desire to remain a quintessential Chennai brand, given its 20-year-long legacy in the city.
SPI Cinemas was an Indian multiplex chain originally owned by the SPI Group, headquartered in Chennai, Tamil Nadu. The company was often lauded for its premium quality and inexpensive pricing. [1][2] Its theatres, primarily PVR Sathyam Cinemas at Royapettah are often used by filmmakers for film premieres and audio launch events. [3] .
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Aug 13, 2018 · Staff Reporter. READ LATER. PRINT. We are losing another pride of Ch ennai, this is really heartbreaking, will miss the popcorn and cold coffee – this is what patrons of SPI Cinemas posted on...
