NOVA Cinemaz is a purpose-driven, asset-light franchisee model under UFO’s subsidiary, Valuable Digital Screens Private Limited (VDSPL). It aims at creating an environment of content sufficiency to the running cinema infrastructures, as well as to provide a one-stop solution to set-up local movie theatres through a standardized model both in terms of infrastructure and experience.
You should be part of this revolution because India needs at least 20,000 more screens.
The opportunity to expand cinema pan India is huge!
With 1600 films produced annually, India is home to the largest number of movies, in over 30 languages. However, the fact is, India currently has only 9500 screens, the lowest in comparison to other nations.
There are enough reasons to be a part of this revolution; even with 25 screens per 10 lakh population, India has the potential to add another 20,000 screens to the existing 9,500 screens. Imagine, with 76% of the film industry's revenue coming from film exhibition, the returns on investment is very lucrative.
Over the years, the growth of cinema theatres has been limited to the urban sectors, whereas, 70% of the country’s population lives in rural areas. Moreover, with rural incomes growing faster than their urban counterparts, there is a definite set of potential customers awaiting a first-time experience, translating into better business prospects for investors. Just like other industries, the film and cinema distribution companies have also recognized its potential in rural and underdeveloped areas.
To make Nova Cinemaz the social and community hub, providing a high-end cinema-going experience to the rural population with multiplexes like experience which will have digital HD projectors, digital sound, modern ambience with comfortable seats, and high-quality food courts.
Ready cinema structure located in a mall, mini-mall, shopping center or stand-alone property.
Completely new customised building on an empty plot, with a minimum area of 22,000 sq. ft. housing multiple activities around twin-screen cinemas with 400 seats. Such as retail space, banquet facilities, mini guest house, showrooms, etc.
Valuable Techno Park, Plot No. 53/1, Road No. 7, MIDC, Andheri (East), Mumbai - 400 093. Maharashtra.