New look cinema theatres in AP – cinema – tollywood
With Corporate media giants like Adlabs, Pyramid Sai and Suresh Movies are planning to invest huge amounts in the modernisation of cinema halls, around 500 cinema theatres in the state will soon wear a modern look with the establishment of food courts, shopping centers and other entertainment facilities. The companies are likely to invest between Rs 20 lakh and Rs 1 crore on each theatre depending on its capacity and location.
Exhibitors welcomed the initiative of the big companies as it would give new life to the industry. The management of big theatres like the Sangeet theatre in Secunderabad is going to invest Rs 45 crore for the construction of four multiplex theatres on its premises. The Devi theatre in Hyderabad is also planning to invest to stay in the competition.