"Extra Cinema" intends to expand its operation by establishing approximately 10,000 cinemas across India
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Jakut and Indian Film Giants Team Up for Massive Cinema Expansion
Get ready, movie buffs! The Yakut company, "Extra Cinema," and the Indian powerhouse, "Janta Cinema," are joining forces to revolutionize India's cinema scene. Here's a sneak peek into this exciting new partnership.
It all begins with the launch of a whopping 10 pilot cinemas, set to hit the Indian soil as early as August this year. And just wait for it... The duo aims to open a staggering 10,000 cinemas across the entire Indian territory within the next two years!
Petru Chiriaev, the man behind "Extra Cinema," and the founders of "Janta Cinema," Yusuf Shaikh and Jagesh Savjan, put ink to paper on this game-changing agreement. Their mission? To bring high-tech cinematic experiences to the heart of India.
During a recent trip to India, Petru Chiriaev met with key figures from India's film industry. Impressed by "Janta Cinema's" commitment to providing affordable cinematic experiences for the masses, he plans to install 10 pilot cinemas in India. This collaboration could pave the way for 10,000 cinemas in India, but the real potential? Exponential growth in one of the world's most populous nations.
"India produces around 2,400 films annually but lacks enough cinemas," Petru Chiriaev explained. "After exploring the 'Extra Cinema' technology, I confirm it is safe and effectively reduces piracy. The similarities between our cultures, evident in history and film narratives, give me faith in the idea of cross-republic film exchange."
Yusuf Shaikh, one of the founders of "Janta Cinema," expressed his appreciation for the Yakut technology and its ability to protect content from piracy. "India currently has 9,000 cinemas compared to 90,000 in China," he pointed out. "By partnering with 'Extra Cinema,' we aim to widen the reach of films for the immense Indian population."
Additional Insight:The primary objective of "Janta Cinema" is the establishment of cinematic experiences in every inhabited region of India, enriching both cinema venues and mobile cinema organizers. Their goal? To provide affordable access to the latest film premieres, especially in low-income regions.
This new partnership between "Extra Cinema" and "Janta Cinema" is not just about expanding India's cinema scene, but it's also a significant step in the finance sector, with the duo planning to invest heavily in building 10,000 cinemas across India within the next two years. Furthermore, this business endeavor extends beyond India, as "Extra Cinema's" technology could potentially be used in the entertainment industry worldwide, thanks to its ability to protect content from piracy.
