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.
Enhanced social status
Ownership of theatre remains with the franchisee
Creation of an entertainment, education and community centre
Film programming - screen first-day first show at any location
Highly trained management and expert central
Professional state-of-the-art "MIS" systems to manage operations
Food court items at best quality and cost-effective rates. Food menu curated according to the local taste
Cinema experience at par with multiplexes at an affordable cost. Additional non-cinema revenue from advertising, retail rentals, etc.
Economy of scale for fit-outs, for consumables and technology
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.
State-of-the-art digital cinema and electronic ticketing technology
Campaign Log based billing – The DSA will only be billed for the number of spot exposures delivered through the campaign duration.
Total support for facilitating permissions, sanctions and renewal as per bylaws
Turnkey Execution for brownfield projects at reasonable cost
Management, Training and Programming
Nova will invest Rs.10,000/- of per seat cost
Valuable Techno Park, Plot No. 53/1, Road No. 7, MIDC, Andheri (East), Mumbai - 400 093. Maharashtra.
