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Network 18 To Launch Multiplexes

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In accordance with their stated plans of being a full service media conglomerate with interests in all stated mediums, Network 18 has announced plans to roll out theater chains through a new subsidy entitled Starglaze. Mint reports the entire project will be funded by Capital 18 and the national roll out of multiplexes is expected to start within this year. Starglaze is contemplating differential pricing for metros and Tier II and Tier III markets. The multiplex market is fairly crowded with Adlabs (rumoured to be going digital in rural areas), Inox, PVR, Cinemax and Fun Cinemas amongst others.

Going by their roll-out, a business print play to rival Economic Times and a radio channel should be next steps, but with an economic downturn looming around the corner, can N18 handle the bends?

4 Responses to “Network 18 To Launch Multiplexes”

  1. Sir
    This time, I am approching the authorithy of our Armed force to draw the attention for the better response to boost up moral support for strengthening psychology of our defence forces more effectively by solving the problem of helpless pensioners. Indirectly the problem protocol of PBOR is demoralising the power of defence. They become more depressed and deteriorated by the discision of Goverment, moreover, the entitlement also not being inform or paid sofar by the PCDA/IRLA.
    The entitled arears of VI pay commision are not being paid or intimated after declaration of so long periods. The fresh ammendment pay order also not being forwarded by the authorithy for payment of said arears. No response has been initiated by the authorithy after informing the issue frequently.
    Lakhs of pensioners of Navy, Air force and Army personals are effected by years to years. Only the innocent pensioners are targetted by the slackness of auhtorithy. Emotionally the PBORs(Pensioner Below Officer Rank) are exploited by the slowest regulation formulated & activation by the Administartion. After so many years of valuable life span sacrifying in the service the return of the authorithy cripled the pensioner peaceful living. They are not given the value for what they been devoted since life long. Nothing but some thing which sopposed to be given as pension that’s too having so many obstacles, iIrregularities and so many rules to control the to hold the previleges.
    It is to brought to your notice that, all individuals experiences that have been reported, after retiring from the defence force. It is seen that PBORs are raoming around the authrithy for resolve the pension areas but not get any response. It have been observed that PBOR are neglected by the authority like donkeys. There is not any direct communication on this regards. None can directly discuss the forum or dispute which arises during new execution of new privileges of VI pay commission. Most of cases the mentioned telephone number are not working or kept always busy. Hence, it is become difficult to communicate. It is better provide online facility for better correspondence with PCDA/IRLA website by providing Self ID and Password for ongoing changing etitlement or displaying the own entitlement.
    Full flash online protocol to be initiate to maintain for every pensioner below PBOR by the IRLA. That should not only be just for projection or fake show of the webpage but should be for assistance of the pensioners.
    IRLA should be given direction for craetion of account ID password for all respective PPOs for every PBOR to access the information about self.
    Phuleswari Narzary
    Webmaster, Online Blogger and publisher
    Franchise online Journalist & repoter

  2. is network18 biting off more than it can chew ?
    Being present in the entire value chain seems like a good strategy but the current media valuations of 40 times earnings may not last for long and the multiplex business is going to be fairly capex intensive. Would be interesting to see how it pans out….