词条 | SPI Cinemas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| name = SPI Cinemas | logo = SPI Cinemas logo.png | type = Private | industry = Entertainment | area_served = India | key_people = Kiran Reddy (MD) | products = | revenue = | net_income = | num_employees = | parent = SPI Group Private Ltd. | foundation = {{Start date|df=yes|1974|04}} | location_city = Royapettah, Chennai | location_country = India | locations = 20 | homepage = {{URL|spicinemas.in}} }}SPI Cinemas is an Indian multiplex chain and film production company owned by the SPI Group, headquartered in Chennai, Tamil Nadu. The company began operating multiplexes in Chennai, and eventually expanded to several states in India. SPI is often lauded for its premium quality and inexpensive pricing.[1][2] Its theatres, primarily Sathyam Cinemas, are often used by filmmakers for film premieres and audio launch events.[3] Popcorn served at SPI Cinemas has received considerable praise from film goers and the media.[4] SPI is notable for being the first multiplex operator in India to equip its screens with the Dolby Atmos and Auro 11.1 sound systems.[5][6] HistorySathyam Cinemas was originally named the "Royal Theatre Complex" and was built by Raja from Venkatagiri in April 1974.[7][8] With a capacity of 1,255 seats, it was the largest multiplex built in Chennai at the time.[9] Kiran Reddy, the current CEO of SPI Group, revealed in a 2012 interview with The Hindu that Sathyam Cinemas was acquired by his family "from someone" in the 1980s. It was acquired for real estate purposes with no intention of continuing the theatre business. He claimed, "The intent was to demolish the Sathyam building. The theatre wasn't a viable business if you looked at the value of the land." However, when he got involved in the business, the family had made several improvements to the theatre.[10] Reddy had taken over the business in 1999 and continued developing the theatre, adding three more screens and refurbishing the existing three.[11] In 2009, SPI Cinemas established itself as a film production company, producing its first film, Thiru Thiru Thuru Thuru.[12] SPI Cinemas is one of the key movie distributors in Tamil Nadu and has forayed into the music business with Think Music to distribute Tamil, Telugu and Malayalam movie soundtracks via digital media and Purplenote to distribute non-movie contemporary music.[13] FutureIn June 2017, Swaroop Reddy, President, SPI Cinemas, said that the company is looking to strengthen its presence in the South with new launches planned in Puducherry, Hyderabad, Bengaluru and Mumbai in the next 9-12 months. It is also looking to grow beyond metros and will look at tier-II cities in Telangana, Andhra Pradesh and Tamil Nadu. “We see strong movie-going population in these regions,” Reddy said. Places under consideration are Guntur, Tirupati, Nizamabad, Madurai, Salem, Tiruchi and Vellore. The company already has presence in Coimbatore and Warangal.[14][15] Proposed acquisitionIn August 2018, PVR Cinemas announced its intention to acquire SPI Cinemas for over {{INRConvert|850|c}} in a cash-and-stock deal.[15] Locations
References1. ^{{cite web | url=http://behindwoods.com/tamil-movie-news-1/oct-12-05/ang-lee-life-of-pi-31-10-12.html | title=Hollywood praise for Sathyam Cinemas! | work=Behindwoods | date=31 October 2012}} 2. ^{{cite web | url=http://m.newindianexpress.com/chennai/294009 | title=Luxe Takes Movie Experience Beyond the Conventional | work=The New Indian Express | date=15 April 2014 | author=Naveena Vijayan}} 3. ^{{cite web | url=http://timesofindia.indiatimes.com/entertainment/tamil/movies/news-interviews/Ang-Lee-praises-Sathyam-Cinemas/articleshow/17044020.cms | title=Ang Lee praises Sathyam Cinemas | work=The Times of India | date=1 November 2012 | author=Lata Srinivasan}} 4. ^{{cite news|url=http://www.thehindu.com/features/metroplus/Food/chennais-corny-tradition/article7206244.ece |title=Chennai’s corny tradition |author=Sudhir Srinivasan |work=The Hindu |date=14 May 2015}} 5. ^{{cite web|url=http://www.moneycontrol.com/news/technology/dolby-launches-its-dolby-atmos-audio-platformindia_790953.html |title=Dolby launches its Dolby Atmos audio platform in India |author=Aaron Almeida |work=Firstpost |date=5 December 2012}} 6. ^{{cite web|url=http://www.filmjournal.com/filmjournal/content_display/news-and-features/features/technology/e3ic47fe60809de59b805f8be4b00e9284e |title=Technology in review: Asia embraces digital, 3D and immersive sound |author=Bill Mead |work=Film Journal International |date=25 November 2013}} 7. ^{{cite news|url=http://www.thehindubusinessline.com/industry-and-economy/chennai-has-a-big-role-to-play/article5508782.ece |title=Chennai has a big role to play |author=N. Ramakrishnan |work=Business Line |date=27 December 2013}} 8. ^{{cite news|url=http://www.businesswire.com/news/home/20070627006306/en/Sathyam-Cinemas-Selects-Qube-Screens-Flagship-Multiplex#.U0VgvKiSxmw |title=Sathyam Cinemas Selects Qube for All Screens of Its Flagship Multiplex at Chennai, India|work=Business Wire |date=27 June 2007}} 9. ^{{cite news|url=http://www.thehindu.com/features/metroplus/the-changing-scene/article5397171.ece |title=The changing scene |author=Nitya Menon |work=The Hindu |date=27 November 2013}} 10. ^{{cite news|url=http://www.thehindu.com/features/metroplus/reddy-made-in-chennai/article1567894.ece |title=Reddy Made In Chennai |author=Shonali Muthalaly |work=The Hindu |date=23 February 2012}} 11. ^{{cite news|url=http://www.hindu.com/fr/2006/12/15/stories/2006121500730100.htm|title=And now, the multiplex mania |author=Sreedhar Pillai |work=The Hindu |date=15 December 2006}} 12. ^{{cite news|url=http://www.thehindu.com/todays-paper/tp-features/tp-cinemaplus/a-first-for-sathyam/article3021783.ece|title=A first for Sathyam |author=Shalini Shah |work=The Hindu |date=7 August 2009}} 13. ^{{cite news|url=https://www.spicinemas.in/about-us|title=About Us}} 14. ^{{cite news|url=http://www.thehindubusinessline.com/news/national/sathyam-cinemas-to-have-25-more-screens-in-south-by-march-next/article9727152.ece |title=SPI Cinemas to have 25 more screens in South by March 2018 |work=The Hindu Business Line |author=Swathi Moorthy |date=14 June 2017}} 15. ^{{cite news |last1=Laghate |first1=Gaurav |title=PVR set to acquire SPI cinemas in a cash-cum-stock deal valued at over Rs 850 crore |url=https://economictimes.indiatimes.com/markets/stocks/news/pvr-set-to-acquire-spi-cinemas-in-a-cash-cum-stock-deal-valued-at-over-rs-850-crore/articleshow/65375893.cms |accessdate=12 August 2018 |work=The Economic Times |date=12 August 2018}} 16. ^{{cite web|url=http://www.thehindu.com/life-and-style/leisure/let-the-show-begin/article586249.ece |title=Let the show begin |author=Prince Frederick |work=The Hindu |date=18 June 2013}} 17. ^{{Cite news|url=https://www.thehindu.com/news/cities/chennai/the-long-wait-for-imax/article6558289.ece|title=The long wait for IMAX|last=Subramanian|first=Karthik|date=2014-11-03|work=The Hindu|access-date=2018-07-26|language=en-IN|issn=0971-751X}} 18. ^{{cite web|url=http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/article2690761.ece |title=The Cinema @ Brookefields opens tomorrow |author=V. S. Palaniappan |work=The Hindu |date=6 December 2011}} 19. ^https://www.facebook.com/spicinemasindia/posts/1063621670444289 20. ^1 2 {{cite news|url=http://www.firstpost.com/bollywood/chennais-famous-sathyam-cinemas-expands-to-mumbai-pondicherry-hyderabad-3053528.html |title=Chennai's famous Sathyam cinemas expands to Mumbai, Pondicherry, Hyderabad |date=15 October 2016 |work=Firstpost |author=Sreedhar Pillai}} 21. ^{{Cite web|url=https://twitter.com/sri50/status/1008622840671682560|title=SPI Cinemas to expand in Mumbai|last=Pillai|first=Sreedhar|date=18 June 2018|website=Twitter|archive-url=|archive-date=|dead-url=|access-date=}} 22. ^{{cite web|url=https://originserver-static1-uat.pvrcinemas.com/pvrcms/pvrinvestor/Investor_Deck_SPI_Cinema_Acquisition.pdf |title=PVR Investor Presentation |work=pvrcinemas.conm}} External links
3 : 1974 establishments in India|Companies based in Chennai|Companies based in Tamil Nadu |
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