MUMBAI: Big Cinemas, a division of Reliance MediaWorks and a member of Reliance ADA Group, plans to add 100 screens over the next one year.
With the opening of its newest multiplex at Kedah, Malaysia, Big Cinemas has reached its 500-screen milestone.
Reliance MediaWorks CEO Anil Arjun said, "Hitting the historic milestone of 500 BIG Cinemas screens worldwide is hugely significant. This expansion underscores our attempts to build scale, quality, innovation and pioneering formats which improve the movie going experience for audiences the world over. There is a great opportunity in exhibition infrastructure worldwide and while domestic expansion continues to be an area of thrust for us, we are also fully committed to expanding our global footprint."
In a little over three years, Big Cinemas has grown to establish a strong presence in the Indian domestic market by opening 240 screens across 75 Indian cities.
The cinema chain has also expanded internationally, with more than half of its screens located in 40 cities covering the USA, Malaysia and the Netherlands.
Big Cinemas has developed brand new premium cinemas across the globe including Big Cinemas-Golf Glen that is a five-screen multiplex in Chicago with a premium bar and lounge.
Additionally, Big Cinemas has become the third-largest cinema chain in Malaysia playing Hollywood features as well as Chinese, Malay and Tamil films which cater to the 1.5 million people of Indian origin.
Following the Reliance ADA Group acquiring the controlling stake in Reliance MediaWorks in 2005, Big Cinemas has witnessed a CAGR (Compound Annual Growth Rate) of 100 per cent in the scale of its operations.
