Adlabs Cinemas

Adlabs Cinemas

Infobox_Company
company_name = Adlabs Cinemas
company_
company_type = Public
company_slogan = Never a dull movement
foundation = 2001
location = Mumbai
key_people = Manmohan Shetty (Founder)
Anil Ambani
industry = Entertainment (movie theatres)
num_employees =
products =
revenue =
net_income =
homepage = [http://www.adlabscinemas.com/ Official Site] |

Adlabs Cinemas is the largest cinema chain in India. Adlabs was founded in 1978 by Manmohan Shetty as a film processing unit. In 2001, Adlabs entered the multiplex business by the launching India's first IMAX theatre in Wadala, Mumbai. The company expanded by converting single-screen cinema halls into multiplexes like the famous Metro Adlabs in Mumbai. In 2005, Adlabs was acquired by ADAG (A Group Owned by Anil Ambani). [ [http://www.adlabscinemas.com/aboutus.asp Adlabs Cinemas - All about India’s fastest growing multiplex chain – Adlabs Cinemas ] ] In 2007, Adlabs acquired all the properties of Rave Cinemas, a cinema chain based in Kanpur. [ [http://www.thehindubusinessline.com/2007/05/03/stories/2007050303621300.htm The Hindu Business Line : Adlabs, Rave Entertainment sign pact ] ] . The company recently acquired majority interest in Malaysia-based Lotus Five Star Cinemas, and will be operating a 51 screen cinema chain in Malaysia. The international network, in addition to Malaysia, also includes 220 screens covering the East, Mid West and West Coast of USA as also Mauritius and Nepal. Currently, Adlabs operates 70 properties and 181 screens in more than 40 cities across India. [ [http://www.stockwatch.in/adlabs-opens-third-cinema-salem-tamil-nadu-21133 Adlabs opens third cinema in Salem, Tamil Nadu] ] Adlabs commands a significant presence in Mumbai and Maharashtra. [http://www.adlabscinemas.com/corporateInfo_adlabsCinemas.asp]

The chain recently signed a deal with Phoenix Mills for the country’s largest multiplex cinema at the upcoming Phoenix Market City in Bandra-Kurla Complex in Mumbai. The 140,000 sq. ft. multiplex will have 15 screens and over 4000 plus seats. [ [http://www.adlabsfilms.com/pressrelease_phoenixMills.html :: Phoenix Mills inks deal with Adlabs Cinemas for country’s largest multiplex at its Kurla Market City Complex :: ] ]

References

External links

* [http://www.adlabscinemas.com Adlabs Cinemas official website]

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