Pyramid Saimira shuts down its operations in Northern and Western regions

Pyramid Saimira has now decided to shut down its operations in Northern and Western Indian in view of its operational expenses. Presently the margin in the entertainment industry is not so lucrative in view of the high inflation, respite of demand for entertainment and food products.

Pyramid Saimira has already closed down 33 screens in western and northern India. But this does not hamper their operations in China, Malaysia and US. Apart from this, Pyramid have operationalised their USA acquisition, acquired Dimples Cine Advertising, India's largest cine advertising company and recently added Aurona Technologies to the group, to score their incursion into the gaming sphere.

They are now consolidating distribution and production segments, which will lend solidity and propel their margins, going forward. Pyramid Saimira's focus on food and beverage segment has already started yielding dividends. In India Pyramid Saimira will totally focus on South Indian media and entertainment sectors.

1 Comments

Recommended News

Recent News

Ranbir Kapoor Says Prabhas Impressed Him Ranbir Kapoor Says Prabhas Impressed Him The series of laurels on Prabhas for his performance in Baahubali 2 The Conclusion continues and most times it comes…… Boxoffice! Aamir Khan's Dangal grosses 300 Crores within a Week Boxoffice! Aamir Khan's Dangal grosses 300 Crores within a Week Aamir Khan's Dangal has turned out to be a money spinner this year end.The film based on the life of…… The Best Film of 2016 announced The Best Film of 2016 announced About 23 Film Critics assembled to pick up the finest feature films, actors and technicians of Bollywood for the year…… The Best Film of 2016 announced The Best Film of 2016 announced About 23 Film Critics assembled to pick up the finest feature films, actors and technicians of Bollywood for the year…… YOU WILL BE SURPRISED TO KNOW DANGAL’S MONDAY COLLECTION ALONE YOU WILL BE SURPRISED TO KNOW DANGAL’S MONDAY COLLECTION ALONE Aamir khan’s Dangal is making waves world over and carries both the tags, critical acclaim and commercial success along with…… HAPPY BIRTHDAY SALLU BHAI! HAPPY BIRTHDAY SALLU BHAI! Salman Khan celebrates his birthday today (27th December).  The actor turns 51! Salman had just one release in 2016 which…… Aamir Khan’s Dangal astonishing 4th day collection Aamir Khan’s Dangal astonishing 4th day collection Aamir khan’s Dangal is making waves world over and carries both the tags, critical acclaim and commercial success along with…… Aamir Khan’s ‘Dangal’ continues its dream run in South India Aamir Khan’s ‘Dangal’ continues its dream run in South India Disney’s Dangal continues its dream run at the box office. The Tamil and Telugu dubbed version of the film which…… Dangal Enters 100 crores Club in Three days Dangal Enters 100 crores Club in Three days Withstanding the demonetisation effect and also making waves with its highly emotional content, Aamir Khan's latest film "Dangal" unleashed it's…… Aamir Khan gets shock on Facebook Aamir Khan gets shock on Facebook Aamir Khan’s Dangal movie, released on Friday, is running to packed houses. While it collected Rs 30 crore on first…… More Hindi News