Who Manages Inox?
I am fan of satyam cinemas, the way they manage the complex is a good user experience & absolute delight.
This information could be rumour: A friend of mine (insider information) told me that Inox is been managed by the same management of satyam cinemas. So Satyam cinemas and Inox are on the same boat.
Well I tried from another source and found the information to be genuine.
Still not sure as I am presenting to you all. Can some one throw more light.
Still I haven’t been to INOX, just waiting for the right movie to have the experience.
on this blog, id predicted that both complexes will form a cartel and inflate prices, much beyond the reach of begger students like me. this is why i detest them.
now im proved right!! once the great MK removes the price ceiling, the prices will shot up!!hail MK
Inox pan-indian multiplexes owned by Inox Leisure Ltd (http://www.19.5degs.com/element/19452.php)
Inox Leisure, promoted in 1999, has been growing steadily. In the first six months ended September 30, 2005, its turnover was Rs. 50.81 crore and the net profit Rs. 9.73 crore. Inox has entered into an alliance with the Pantaloon group, which provides preferential access to all real estate developments that the Pantaloon group takes up to set up its retail chain. As part of the expansion, the company has identified key locations in Chennai, Hyderabad, Visakhapatnam, Jaipur, Kolkata, Bangalore, Raipur and Darjeeling to set up multiplexes. The company operates at a mix of owned and leased models.
Iam not sure whether satyam cinemas has stack in chennai Inox but surely not same management.
company info : http://www.inoxmovies.com/inox/wcms/en/home/investor-relations/history/
You find the information genuine and you’re still not sure?!?
The company operates at a mix of owned and leased models.
The above line should answer.
Kindly Note: I am a reporter from a NEWS agency. I am sharing my views, thinking I have lot of friends who share my interest. I may not be completely true.
INOX multiplex @ Chennai Citi Centre Mall is great place to watch a movie. I loved the entire movie going experience. It is not managed by Sathyam Cinemas. Only certain movie content is shared between Sathyam and Inox or perhaps sourced from Sathyam Cinemas. The ambience of this INOX multiplex is A+ grade and finally, finally we Chennaiates have atleast one true modern multiplex in all senses. Sathyam is good, okay. Its just and old theatre built in 1976 thats been getting renovation after renovation. It s biggest problem apart from parking is that its not inside a mall. So doesn’t have all the added entertainment for the whole family like having an international food court, large retail stores of all kinds, modern games zones and mega fun city. Mayajaal is quite far from the city center and its quite below par in ambience and experience is not top class. Its lacks any kinda class in its finishes nor does it offer the kinda comfort provided by say a national multiplex operator for the same price. Mayajaal is local setup and has a long way to go to catch up with INOX, PVR or Sathyam. It would have been good had it been given more attention to detail, which is what separates the men from the boys. The only problem i have with INOX is that it is always packed esp on weekends. Hardly can I get seats on weekends.The 4 screens prooves to be too less for such a large city like Chennai as its Chennai’s first true multiplex in all sense and first one inside a mall. They should have had atleast 6 or 7 screens. But then again judging by the parking provision made i think 4 screens just abt fits ok. I hope INOX will open a few more multiplexes in other parts of Chennai like Anna Nagar, T.Nagar, Nungambakkam, Omr, Ecr etc. Chennai needs many more such top notch national multiplexes to set up their operations.The demand for quality multiplex far out strips the little supply availaible today. What the city needs is a large mall 7 or 8 lakh sq.ft with atleast 10 screens like what Bangalore has. Hum are there any such malls coming up atall in Chennai?? Chennai Citi Centre is not a very big mall atall and the INOX inside is quite small but in line with the mall size. I’m hoping Ampa Mall will open very soon, as per schedule this year and te much awaited PVR Cinemas, India’s very best multiplex chain will finally launch in Chennai by mid-end 2007. Chennai among all metros is Cinemas crazy be it English, Tamil, or Hindi and one of the best possibly available markets for modern multiplexes esp inside quality well planned malls. Tamil Nadu among all states in India has the greatest potential for multiplexes and its demand far outstrips little supply and so I believe the government ought to co-operate and comes up with a separate multiplex policy for Tamil Nadu separate from tradional stand alone theatres laying down guidelines for what constitutes multiplexes.It must encourage the multiplex industry by giving soaps to multiplex operators national and local like entertainment tax exemption for 5 years. Its must surely do remove price caps and also must methodologically try and have the 10 Rupee tickets allocations made compulsory only here in all of India removed slowly from multiplexes. Its like saying in Taj Cormandel or Park Sheraton hotel you must compulsorily serve Rs 10 rupee meals or maximum you can sell rooms is say Rs 1000. Prices should be determined by the Market forces and not government and the consumer must be given the choice to either see a movie at Rs 40-50 in a ordinary or/and run down theatre or watch the same movie in an world-class state of the art multiplex paying premium anywhere from Rs.120-250 depending on the kind of facilities offered in the multiplex. Provide more facilities and you must be given to choice then to price more for those facilities. Chennaiaites today are willing to pay to get the entire 21st century cinema experience in a world-class and comfortable ambience. It does not make much sense to fix caps. Laying down more guidelines for meeting higher pricing is better. Else Chennai can never have the Gold Class Cinemas so enjoyed by Bangaloreans and Delhites. Are’nt they lucky to have the choice ?? I hope the government will look into this quite seriously and make the necessary logical amendments to formulate a separate policy to encourage the multiplex industry, the cinemas of the 21st century and make Tamil Nadu, which is one India’s most progressive state in almost all sectors, the most progressive state too when it comes to embracing multiplexes as it has always beeen a land of cinemas and cinemas mad people of all classes.