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Tuesday, January 20, 2026 7:39 AM

revenue growth

Cinepolis Eyes Double-Digit Growth in India Backed by Blockbuster Releases and Expansion Plans

Cinepolis, the Mexican cinema giant, is targeting strong double-digit revenue growth in its Indian operations this year, banking on a robust lineup of Hollywood, Bollywood, and regional films to lure audiences back to theatres. The company is also expanding its footprint, aiming to open 20–25 new screens across the country. Devang Sampat, Managing Director of Cinepolis India, said that this year’s impressive slate of films—spanning major Hollywood titles like Jurassic World: Rebirth and F1—combined with regional and Hindi-language blockbusters, could significantly boost footfall. However, theatre attendance still remains roughly 20% below pre-pandemic levels. “Hollywood, Bollywood, and regional cinema are all showing strength this year,” Sampat noted, adding that aggressive marketing collaborations with shopping malls and production studios will be key to driving admissions. Cinema chains are facing intensified competition from digital streaming platforms, live sports, and concerts, yet Cinepolis remains optimistic. Globally, the company operates 6,800 screens, with 485 in India alone. While Sampat declined to share 2024 revenue or profit figures, he stated that the chain has traditionally witnessed annual growth in the high single-digit to low double-digit range—excluding pandemic years. As per industry reports, Cinepolis generated ₹13.46 billion (approx. $156.6 million) in revenue for FY24, marking a 31% increase year-over-year. It also recorded a net profit of ₹321 million, its first annual profit in over five years. Meanwhile, rival PVR Inox, the largest multiplex operator in India, is expected to grow its revenue by around 18% in the current fiscal year. The company is planning to expand further by adding 100–110 screens to its network, which already exceeds 1,700. Analysts project that India’s multiplex industry will see a 20%–25% revenue surge in FY25, powered by high-profile releases like Mission: Impossible – The Final Reckoning, Rajinikanth’s Coolie, and Rishab Shetty’s Kantara: Chapter 1, according to Shobit Singhal, a research analyst at Anand Rathi. Source: Reuters

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Zee Entertainment Shares Surge on Strategic Partnership with Content Startup Bullet to Launch Micro-Drama App

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Shares of Zee Entertainment Enterprises witnessed a notable rise on June 10 following the announcement of a strategic collaboration with content startup Bullet to develop a micro-drama app centered on short-format entertainment. The stock gained momentum, reaching an intraday high of Rs 135.56 on the NSE, up 6.39%, before settling at Rs 130.95—an increase of 2.77% around 11 am. This marked the second consecutive day of gains for Zee’s shares. Trading activity showed 8.36 lakh shares exchanged, generating a turnover of Rs 11.11 crore. On the NSE, nearly 2.7 crore Zee shares had traded by 11:15 am. The company’s market capitalization stood at Rs 12,582.80 crore, according to BSE data. In an official regulatory filing on June 9, Zee Entertainment announced its partnership with Bullet, a content and technology startup, to launch the micro-drama app within the ZEE5 platform. This integration aims to deliver short-form entertainment directly to ZEE5’s extensive user base, enhancing viewer engagement. The app will incorporate AI-powered pricing and performance prediction models to optimize content acquisition and distribution. Additionally, it will feature gamification elements designed to boost user retention and loyalty through rewards, alongside a creator-driven content pipeline enabling independent creators and studios to monetize their work effectively. A Zee Entertainment spokesperson stated, “Our collaboration with Bullet is focused on identifying innovative content formats and scaling them across our platforms to create a competitive edge and drive stronger monetization.” Azim Lalani, Co-Founder and Chief Business Officer of Bullet, highlighted the growing appeal of “snacky content” that captures brief attention spans. He said, “The next evolution in content consumption will emphasize creators who can evoke intrigue and emotions in bite-sized formats.” The announcement also positively impacted the broader market, with the Nifty Media index rising 1.2%, buoyed by gains across all nine index members. Zee Entertainment emerged as the top performer in the index during the session. The company recently reported a sharp jump in consolidated net profit for Q4 FY25, soaring 1,305% year-on-year to Rs 188 crore from Rs 13.4 crore in the same quarter last year. Revenue grew modestly by 1.6% to Rs 2,220 crore compared to Rs 2,185.3 crore in the prior year period. Source: Moneycontrol

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Digital Transformation to Boost Indian Media Revenue Growth to 8% by FY2027

The Indian media industry is projected to witness annual revenue growth of 8% by FY2027, driven by the increasing shift toward digital platforms, according to a recent CRISIL Ratings report. This marks an improvement from the 5% annual growth recorded between FY2019 and FY2024. The report, which analyzed 20 media companies accounting for 55% of the industry’s revenue, estimates that media revenue will reach approximately ₹60,000 crore by FY2027. Alongside revenue expansion, operating margins are expected to improve by nearly 500 basis points (bps) to 18%, aided by cost rationalization. Key Growth Drivers: Rising digital ad revenue as consumer preferences shift to online content Growth in traditional ad revenue from print, fueled by domestic retail demand in FMCG, automobiles, education, e-commerce, and real estate Increasing smartphone penetration, low-cost mobile data (approx. $0.2 per GB), and widespread 5G adoption Despite the delayed digital transformation by Indian media firms, the segment’s revenue share is expected to increase from 12% in FY2024 to over 18% by FY2027. However, high manpower, content creation, and marketing costs have kept digital ventures unprofitable, with the industry reporting a 20% operating loss in FY2024. Manish Gupta, Senior Director at CRISIL Ratings, stated: “To better leverage the digital wave, media companies have begun focusing on OTT platforms, social media, and mobile apps.” However, improved targeted advertising and customer segmentation are expected to enhance digital profitability, according to Ankit Hakhu, Director at CRISIL Ratings. At least 8 out of 20 companies in the study have successfully identified the right audience fit, allowing for more cost-effective promotional strategies. The report also warns of potential risks, particularly fluctuations in newsprint (NP) prices, which account for 30-40% of costs. Unexpected price surges, like the 23% spike in FY2023, could impact overall industry profitability. Conclusion: With an accelerated digital shift and stronger ad revenues, India’s media industry is poised for sustained growth. However, firms will need to optimize digital investments and mitigate supply chain risks to fully capitalize on this transformation. Source: Business Standard

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Payhawk Looks to M&A After 86% Revenue Jump

Spend management platform Payhawk is reportedly entering acquisition mode. Co-founder and CEO Hristo Borisov stated in an interview with CNBC on Thursday (June 6) that the company aims to acquire early-stage startups that have already raised significant funds. He asserted that Payhawk has a better “product-market fit” than its competitors, who have achieved multibillion-dollar valuations by offering free corporate cards to other startups. Payhawk issues smart cards for employees to make payments and track expenses, and it has seen significant growth in the first quarter of the year, with revenues up 86% and a 57% increase in customers. To build on this growth, Borisov mentioned that the company hopes to merge with or acquire other firms. “Many businesses that got funded in the last two or three years are now in a position where they’re looking at strategic options,” Borisov said. “This is something we’re actively doing. We’re looking for companies to buy.” “Our vision is to be able to provide a single platform that provides a homogeneous environment for your corporate expense needs with a single provider,” he added. “There is going to be some market consolidation.” These efforts coincide with the shift from traditional expense management methods to digital solutions that speed reimbursement times and reduce the risk of human error. This trend was highlighted in a recent PYMNTS report, which discussed how businesses are embracing artificial intelligence (AI) and machine learning algorithms to optimize procurement and spend management strategies. Edwin Poot and Jonathan Vaux, global chief technology officer and head of propositions and partnerships at Thredd, discussed with PYMNTS how the largest corporations in America still use very old, monolithic systems to manage their treasury functions. Ernest Rolfson, CEO and founder of Payments-as-a-Service solution Finexio, pointed out the inefficiency of manually filing reporting and reconciliations, advocating for automated, digital solutions. Research by PYMNTS Intelligence has shown that virtual cards and digital spend management solutions can help finance departments close books faster while also guarding against fraud.  

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