Media industry going through a structural change; like PVR, Inox & Sun: Elara Capital

“The top three media companies in terms of healthy balance sheets, I would go in terms of the pecking order of PVR, Inox and Sun TV.”

He expects big releases from the month of January-February. According to him, organised cinema players to gain market share on the closure of small screen players.

“Structurally, the industry is poised in a strong way and the one big reason for that is the consolidation and about 20 percent of single screens are going to shut down forever. So that’s one major point which is going to lead to massive market share gain for the organised sector, which is multiplexes,” Taurani said.

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