Top 10 Media and Broadcasting Companies in India 2015
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Here is the list of top 10 media and broadcasting companies in India 2015. India is currently one of the largest television markets of the world. Emergence of new technologies in broadcasting has totally transformed this industry. India has also been producing the highest number of feature films, after Hollywood. Improvements in infrastructure such as freeing up long distance services, allowing fiber optic cable operators to enter into basic services, etc. have certainly helped in increasing the market penetration of this industry.
PVR Limited is the most popular Multiplex Cinema Exhibition Company in India.
Image: Wikimedia Commons
It is incorporated in the year 1995. It has the largest number of screens (more than 500) and is also the first to establishing the first multiplex cinema in India. It earns its revenues from cinema broadcasting, advertisements and sale of food and beverages in multiplex premises.
The company has four subsidiary - Sunrise Infotainment Pvt Ltd, PVR Pictures Ltd, CR Retail Malls (India) Pvt Ltd and PVR bluO Entertainment Ltd. The film distribution and processing business is managed by PVR Pictures by acquiring and distributing Indian and International films. The company also launched ‘PVR Talkies’ to cater to B & C cities, by offering an enhanced movie experience at lower ticket prices. The company also ventured into food business through ‘PVR Food Union’.PVR Pictures has also involved in co-producing films such as ‘Taare Zameen Par’ and ‘Jaane Tu ya Jaane Na’.
While the food sector business of PVR has been growing at an average rate of 20%, the increase in footfalls in 2015 over 2014 is around 4%.