Major Cineplex Group, Thailand’s largest cinema operator, expects revenue in the first quarter to be higher than last year due to better advertising sales and the public’s growing appetite for 3-D films.
Major holds about an 11 percent stake in PVR and is looking to raise its share.
The company, which competes with SF Cinema, draws 25-30 million viewers with about 300 movies hitting the screen each year.
(Source: Business Standard)