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Corporate Attack Started On Nizam Area?
By: Tupaki Desk | 21 Aug 2017 10:33 AM GMT
The preparations started to checkmate uncrowned kings of Tollywood box office in Nizam area who are top producers, distributors. Some industry elders said to have prepared a plan to achieve the target. Carnival is a cinema corporate group which is ruling Mollywood(Malayalam). It is slowly taking single screen theaters in the B, C centers in the Nizam area for lease for the past few years.
They are quoting higher lease amount than the competitors and taking the single screens theaters of Hyderabad, Warangal, Nizamabad, Adilabad, Karimnagar etc areas.. into their control. If this happens more than 50% of the theaters in Nizam will in the control of Carnival group soon. As the corporate group is big, management of theaters will happen from Kochi, Mumbai. Trade experts are saying that the existing theater mafia in Nizam area will face troubles in future soon.
The same situation happened with multiplex theaters in Hyderabad city in the past. If we look at the present situation, multiplex screens are playing a key role in main areas of Hyderabad. Trade analysts are saying that if someone wants screens in multiplexes, they can directly talk to the management without the involvement of mediators. Moreover, the collections can't be manipulated with the involvement of corporate groups. But we have to wait and see how far this corporate group can stop the existing business practices in Nizam.
They are quoting higher lease amount than the competitors and taking the single screens theaters of Hyderabad, Warangal, Nizamabad, Adilabad, Karimnagar etc areas.. into their control. If this happens more than 50% of the theaters in Nizam will in the control of Carnival group soon. As the corporate group is big, management of theaters will happen from Kochi, Mumbai. Trade experts are saying that the existing theater mafia in Nizam area will face troubles in future soon.
The same situation happened with multiplex theaters in Hyderabad city in the past. If we look at the present situation, multiplex screens are playing a key role in main areas of Hyderabad. Trade analysts are saying that if someone wants screens in multiplexes, they can directly talk to the management without the involvement of mediators. Moreover, the collections can't be manipulated with the involvement of corporate groups. But we have to wait and see how far this corporate group can stop the existing business practices in Nizam.
