Midvalley Entertainment enters into an agreement with Cinema Station, Andhra Pradesh (AP). With this agreement the company expects an enhancement of Rs 100-105 crore in turnover and Rs 13-14 crore in profit. Both the company has join hands for 50 theatres and also distribution of content in the state of Andhra Pradesh. This JV will be centered on all aspects of content industry in the state of AP. Mid Valley which produces and exhibits films will get 50 theatres in Andhra Pradesh and thus will become a dominant force in the state of AP.
Cinema Station enjoys a rich track record in film production, distribution and exhibition. The company has so far distributed over 32 films in Telugu and has produced 9 films.
Midvalley Entertainment is engaged in film production, distribution and exhibition in South India. The company entered into film exhibition business in 2006. The company has entered into screening agreements with 46 theatres running under its banner as on June 2010.
| Company Name | CMP |
|---|---|
| PVR | 1069.45 |
| Saregama India | 350.55 |
| Shemaroo Entertain. | 102.30 |
| Balaji Telefilms | 109.58 |
| UFO Moviez | 72.28 |
| View more.. | |
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