Bollywood’s dimming popularity is hurting India’s largest movie theater chain ...Middle East

Quartz - Economy
Bollywood’s dimming popularity is hurting India’s largest movie theater chain
Is Bollywood losing its charm? That’s the question raised by the latest financial results for India’s biggest movie theater chain, PVR-INOX. The company, formed by the merger of the country’s top two multiplex operators earlier this year, reported a loss of $40.7 million for the quarter ended March 31.Read more...

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