Multiplex owners cry "flop show!"

about 1 year ago
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The big losers currently on the BSE are the multiplex owners. PVR leads the pack, down 11% followed by INOX Leisure, down 9% - both are top losers on the BSE. Eros is down 5% and Mukta Arts too slipped 5%.

In what can be termed as a very good move for the people but not for multiplex owners is the decision by Maharashtra Govt allowing moviegoers to carry their own food in cinema halls and multiplexes. This will be a huge hit on the revenues of the multiplex owners as food and beverages (F&B) was actually their main source of income and not the movie screening.

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