MOVIE TICKETING BUSINESS

Given the limited traction gained by Ambani’s MyJio and Tata’s Neu despite their wider range of consumer businesses, the Adani Group — whose businesses are largely infrastructure and heavy industrial ones — may have set itself a daunting task.

Amazon Pay India intensified competition with Paytm, PhonePe, and Google Pay, receiving a capital infusion of Rs 600 crore. The company invested Rs 950 crore in the platform and Amazon Seller Services, facing challenges due to RBI actions. With tie-...

Zomato’s interest in acquiring Paytm's events and movie ticketing business is in line with the Gurgaon-based company's efforts towards capturing consumer demand across categories like food, grocery and entertainment. If the transaction goes through,...

If the deal goes through, it will be among the largest buyouts for Zomato after it acquired Uber Eats in 2020 and took over quick commerce platform Blinkit in 2021 in an all-stock deal valued at Rs 4,447 crore.

Zomato confirmed in a stock exchange filing that it is in talks to acquire fintech Paytm's ticketing business, as reported by ET on June 16. The company added that "no binding decision" has been taken about the deal at this point. The deal could val...

Zomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on this, and more in today’s ETtech Morning Dispatch.

Paytm is in advanced talks to sell its movie and events ticketing business to Zomato amid declining sales. The move is part of Paytm's revival strategy after reporting its first sales decline, triggered by regulatory actions. The potential sale aims...

PVR Inox shifts strategy with cricket and concerts amid low footfall and revenue in Q4FY24. Despite challenges from elections and IPL, the diversification aims to sustain growth. The cinema chain eyes southern India for screen expansion, banking on ...

India's rising affluence is driving a significant shift in the lifestyle of the middle class, with a growing preference for premium products and experiences, both on the ground and in the sky. Airlines are capitalizing on this trend by offering luxu...

PVR Inox has partnered with Devyani International to expand into the food and beverage sector. Devyani will hold a 51% stake, while PVR will have 49%. This joint venture aims to boost pre-ticketing F&B revenue through branded food courts adjacent to...

According to various estimates of trade analysts, multiplexes having five to six auditoriums are restricting shows to two or three, while some single-screen theatres are temporarily shutting operations, due to poor business and large expenses associ...

Going forward, Kareena said she will continue to associate herself with projects that "break norms".

The concert film is dominating the charts even on its home ground. 'August D Tour D-Day' boasted the highest week-long movie reservation rate prior to its debut. Additionally, according to an All K-Pop report, the exclusive cold cup merchandise for ...

Tobacco manufacturer Godfrey Phillips India Ltd has decided to exit its retail business division, 24Seven, after a negative net worth as of March 31, 2023, following losses. The decision was made after a thorough review of the division, considering ...

After two sluggish years due to the pandemic, airlines have not only seen a rousing revival in corporate travel, boosting occupancy in the business class, but also a new class of leisure travellers willing to spend more for extra legroom and other p...

Even though the Avengers series saw three releases this year, none of came in top 3 releases of the year. "Barbie," "The Super Mario Bros. Movie" and "Oppenheimer" ruled the box office year. The last time this happened was in 20021 when "Harry Potte...

"Taylor Swift: The Eras Tour" movie is releasing on Friday. The box office prediction for the movie is outstanding.

Movie theatres are preparing for the release of 'Taylor Swift: The Eras Tour', a concert film expected to launch with over $100 million in ticket sales. The film marks a new trend in the industry, as big stars like Swift and Beyonce are bypassing Ho...

Movie theaters are preparing for the release of "Taylor Swift: The Eras Tour," a concert film that is expected to debut with $100 million in ticket sales. The film, compiled from Swift's shows at SoFi Stadium, marks a new trend in the industry as ar...