Thursday, March 28

Tag: NY Cinemas

Bollywood Actor Ajay Devgn to infuse Rs 600 crore in his multiplex chain NY Cinemas
BUSINESS

Bollywood Actor Ajay Devgn to infuse Rs 600 crore in his multiplex chain NY Cinemas

Bollywood actor Ajay Devgn is planning to invest Rs 600 crore in his multiplex venture NY Cinemas Llp (based on the names of his children Nysa and Yug Devgn) over the next five years. The 50-year-old actor said that he is aiming to open at least 250 screens across the Northern and Western parts of India. Devgn added that the first launch of his multiplex venture is slated in June in Ratlam, Madhya Pradesh. The NY Cinemas will target people who don't have access to modern theatres and live in remote parts of the country, said Ajay Devgn. Although he has not revealed much about the project but said that it will be unlike any other multiplex in the market. Till now, the actor has bought two single-screen theatres in Uttar Pradesh's Hapur and Ghazipur. According to Rajeev Sharma, Ch...
Bollywood Actor Ajay Devgn Launched His Multiplex Theater in UP, 50 More Into Pipeline
INDIA

Bollywood Actor Ajay Devgn Launched His Multiplex Theater in UP, 50 More Into Pipeline

The popular Bollywood actor Ajay Devgn has launched a theatre under the name ‘NY Cinemas’ in Ghazipur, a city in Uttar Pradesh. The actor from the previous year has been working simultaneously towards establishing a chain of multiplexes. Ajay acquired six single-screen theaters in Uttar Pradesh last year with an aim to transform into modern multiplexes. He mainly tries to focus on those areas that have a sizeable audience for Bollywood films but lack multiplexes. His first multiplex has now been launched in Ghazipur. NY Cinemas is a venture started by Ajay Devgn and with this, he plans to launch a 100 new multiplex theatres across India. He has entrusted Mumbai-based creative agency known as Colour Craft Studio (CCS) with creating a brand and cinema styling strategy that will give In...