Top Story


Home >> Media – Print >> Article

Videocon to set up entertainment complex

Font Size   16
Videocon to set up entertainment complex

Videocon plans to sign a joint venture with a US-based entertainment major for setting up multiplexes and entertainment complexes in major cities. The company plans to invest up to Rs 600 crore in its entertainment industry foray, with another Rs 600 crore envisaged as equity investment from the joint venture partner, and would like to take 50 per cent equity in the proposed JV.

The Rs 600 crore investment being envisaged will mainly comprise real estate owned by Videocon in cities like Mumbai, Kolkata, Ahemdabad, Delhi. The investment in this proposed joint venture will be made through this property; in case this is not enough, company will infuse more funds.

The proposed multiplexes will have nine screens and the projects will take anywhere between one and a half to two years to become operational.

Videocon’s plan to enter the high-profile entertainment sector follows aborted attempts to foray into aviation and insurance.


Arati Singh, Channel Head, NDTV Good Times, opens up on how she loves to go on adventurous trips on a typical weekend.

In week 9 of BARC ratings, the channel led the lifestyle space with 1206 million impressions followed by TLC, FYI TV18, Food Food and Fox Life

During his brief visit to India, Ronen Mense, Vice- President- Asia, AppsFlyer, spoke to exchange4media about app marketing and the new trends one can witness in mobile marketing.

Neha Kulwal, CEO, Admitad, talks about the future of affiliate marketing and the company's growth over the years

The campaign has urged all women to go for an early detection of breast cancer.

The sticky banner appears to show up in YouTube pre-roll ads of other brands, like a standard in-video banner. And the adhesive power of the banner is so strong, that even the characters in the ads ca...

Conceptualized and executed by GREY Group, the latest campaign for ENO demonstrates how the sudden onset of acidity can not only disrupt an otherwise fun moment, but has the potential to derail the ce...