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Cinemas Expand Sports and Events as Movie Revenues Face Pressure

Cinemas Expand Sports and Events as Movie Revenues Face Pressure
Looking at the bigger picture · financialexpress.com

Cinema companies are showing more than just movies.

They are screening sports, concerts and comedy shows to attract audiences.

PVR INOX says 64,000 people watched a recent FIFA World Cup final in its cinemas.

Cinépolis India also saw almost full theatres for some Brazil and Argentina football matches.

These events can bring in ticket sales, food-and-drink purchases and advertising money.

They can also fill theatres during quiet times or when few popular movies are playing.

However, alternative content is still a small part of the business.

Cinema companies must also persuade people to see their locations as entertainment places, not only movie theatres.

Sports, music and cultural events could attract both younger and older audiences.

Key facts

PVR INOX World Cup audience
64,000 people watched the recent FIFA World Cup final in PVR INOX cinemas across the country.
Cinépolis alternative-content revenue
Sports and concert screenings contribute 3-5% of Cinépolis India’s revenue.
Football screening occupancy
Some Cinépolis India cinemas recorded nearly 100% occupancy for games featuring Brazil and Argentina.
Live-events market projection
The organised live-events business is projected to grow from Rs 14,500 crore in 2025 to Rs 19,600 crore by 2028.
Cinema food-and-beverage revenue
Food and beverage contributes 30-35% of revenue for cinema chains, according to the article.
Cinema advertising revenue
Advertising currently accounts for around 7-8% of cinema earnings.
Cinépolis membership data
Club Cinépolis data covers more than 1 crore members and is used to identify cities with demand for alternative programming.

Quotes

Niharika Bijli

Lead strategist at PVR INOX

“These events can generate ticket revenue as well as incremental F&B and premium pricing. The average ticket price for non-movie offerings typically is higher than the movies, indicating that audiences may be willing to pay a premium for differentiated experiences.”
financialexpress.com
“This content is growing well, although it is growing from a smaller base. Our Club Cinépolis data, covering over 1 crore members, shows us which cities index strongly towards alternate programming, so we programme where the demand actually is”
financialexpress.com

Sources

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