fame india ltd 2003
TRANSCRIPT
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FAME INDIA LTD
BUSINESS ENVIRONMENT PRESENTATION
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INTRODUCTION Fame (I) ltd (formerly shringar cinemas ltd) is a company
dealing with film distribution, exhibition, multiplexes andnegative rights.
First Multiplex was launched in Mumbai Fame Adlabs in2002 and now have 25 multiplex across India.
Operate 93 screens and 26269 seats across 12 cities inIndia.
Presence in states of Maharashtra, Gujarat, Haryana, WestBengal, Jharkhand and Karnataka.
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Demographic Environment
Fame was the first to introduce a new concept called'Good Morning Shows'. A concept that was speciallydesigned keeping teenagers in mind and offering themtickets at affordable prices.
Fame has also started corporate booking of its screens,by allotting a screening of a movie to a particularcorporate company. This has increased their revenues.
For those who want a comfortable movie experience,fame has introduced recliner and sofa seats in all itsmultiplexes to give moviegoers a great experience.
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Technology
First fully-
computerised
multiplex
theatre inMaharashtra
One of the first
to introduce
online booking
through itswebsite
Planning to
introduce
booking of
tickets through
SMS shortly
LCD at bookingcounters for real
time information
on show timings.
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Fame Cinemas along with Vodafone have Introduced new
offers enabling moviegoers to bag two movie tickets at theprice of one
Called Vodafone Tuesdays, the scheme is exclusively
restricted to Tuesdays, and allows its customers to watch
movies at all outlets of Fame Cinemas Vodafone Tuesdays coupons can be downloaded on mobile
phones for a forthcoming Tuesday on any day of the week
The coupons can be redeemed for a free ticket on any movie
on Tuesdays
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PLANS TO
SCREEN IPL
SEASON 3
To beat low occupancy levels
Live experience atmosphere
High definition audio video experience
No advertisements
Already implemented successfully during the World Cup
Finals in 2006
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Vacancy arises
Checking for availability of internal recruitment Internal recruitment unavailable then external recruitment is opted
Job vacancy [job specification & description] advertised
Applications received
Scrutinization & Processing of applications
Interview with HR Manager
Vacancy filled
Contract of Employment
Contract terminated in case of redundancy & dismissal
Contract expires
Contract Renewed
RECRUITMENT, SELECTION & CONTRACT TERMINATION
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PERKS
Fame offer their staff free or discounted
movies and selected food items.
They get movie coupons issued with each
paycheck, and special staff screenings.
They also see selected films before the general
public at press screenings or print tests.
Cinema staff also get the opportunity to see
the film premieres.
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Social Initiatives
Purple Ribbon, the social cause initiative from FAME
Multiplexes in collaboration with UTV that addresses
social issues in collaboration with various NGOs by
organizing special movie screenings, opportunities tomeet and greet the stars, raising funds for charity
through special premiers and much more.
In the past, Fame Cinemas has hosted such initiatives
with Saif Ali Khan, Arshad Warsi, Sanjay Suri, Anil
Kapoor.
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COMPARISON OF SOURCES OF REVENUE
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MULTIPLEX SCREENS LOSS OF REVENUE
Big Cinemas 198 105
PVR 108 57
Fame 93 48
Inox 75 40
Cinemax 74 39
Fun Cinemas 73 39
LOSSES COMPARED TO OTHER
MULTIPLEXES
* All figures in INR (millions)
* For the financial year 2008-09
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UNETHICAL PRACTICES
Overpriced food and beverages
Price Discrimination
Benefits not passed on to customers
Cancellation of shows without prior
notice
Not screening regional language films
No responsibility for theft
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Percentages Of Movies Screened in
Different Languages
Hindi 80%
Otherregional
languages,
5%
English 15%
Hindi English other regional languages
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COMPARISON OF SHARE PRICES OVER
3 YEARS
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EXPANSION & GROWTH
0
10
20
30
40
50
60
70
80
90
100
FY 2007 FY 2008 FY 2009
Total Multiplex (No)
Total Screens (No)
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Conclusion
Fame Cinemas is expecting a growth rate of around 10-15 per cent for thefinancial year ended 2009-10. Having launched a multiplex in Vadodara, its24th across the country, the movie exhibition company is preparing tolaunch atleast five more properties by the fiscal end.
While the first quarter of the current fiscal had seen a downfall due tomultiplex owners versus producers stand-off, the subsequent quarters willsee a rise in occupancy and footfalls as compared to similar quarters oflast year. They expect a growth of 10-15 per cent by the end of thisfinancial year.
After Vadodara, Fame Cinemas will be launching multiplexes in Bangalore,Chennai, Vizag, Chandigarh and Pune.
Across the country, Fame Cinemas manages around 90 screens and plansto hit the 100 screens mark soon.
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Creators: Aman AroraOmar Jaleel
Tarun kalyani
Danish Chowdhry
Farhan Khan
THE END