The Economic Times
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| 29 March, 2022, 06:20 AM IST | E-Paper
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    PVR-Inox with a bigger screen presence up for the OTT War

    Synopsis

    Over the past 12 years, the domestic movie exhibition sector has undergone significant consolidation in an effort to stay profitable as well as relevant amid the rising popularity of over-the-top (OTT) content distribution platforms.

    The merger of PVR and Inox Leisure, India's top two multiplex companies, is crucial given the capital intensive nature of the business with uncertain cash flows. Over the past 12 years, the domestic movie exhibition sector has undergone significant consolidation in an effort to stay profitable as well as relevant amid the rising popularity of over-the-top (OTT) content distribution platforms. During this period, the sector reported 10 mergers
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