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Press release ADLABS OPERATES 100 SCREENS ACROSS INDIA
~ The 1st multiplex chain to reach the 100 mark milestone ~
Mumbai, 30th July 2007... Adlabs Films Limited, a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, today announced that it has reached the significant milestone of operating 104 screens across the country, making Adlabs the largest cinema chain in India. . The 100 screens are spread across 32 properties in 22 cities and will provide a total of approximately 31,000 seats bringing the Adlabs cinema experience to 2 crore patrons this year. These not only include several properties in previously under-served tier II cities, but also cover major film territories. Manmohan Shetty, Chairman and Managing Director - Adlabs Films said, “Adlabs Cinemas is fast progressing towards our aim of providing quality film-viewing experience to everyone in the country. In spite of having the biggest film-producing industry and one of the largest film-watching audiences in the world, India is still vastly under-served in terms of cinema screens. We see immense potential in this.” About Adlabs Films Ltd: www.adlabsfilms.com Adlabs, a member of the Reliance Anil Dhirubhai Ambani Group, is one of the leading movie and entertainment companies in India with a dominant presence across the value chain: production of films and TV content, film processing and services, domestic and international distribution of content and a nationwide cinema chain. Adlabs currently has a market capitalization of over Rs. 2300 crores For more information, please contact Anjali Malhotra Manager – Brand Communications Adlabs Films Ltd. Ph: +91 9323021484 Email: anjali.malhotra@adlabsfilms.com |