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Home Featured

Carnival Cinemas Inks Ad-Revenue Generation Pact With Khushi Advertising to augment Advertising Revenues

by MN4U Bureau
May 27, 2019
in Featured, Advertising
Reading Time: 2 mins read
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Carnival Cinemas Inks Ad-Revenue Generation Pact With Khushi Advertising to augment Advertising Revenues
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Carnival Cinemas announced today that they have signed a three year contract with Khushi Advertising Ideas Pvt. Ltd.to surge their advertising revenue generation from all media AOR agencies, other advertising agencies in India and also to add new major brands & regional clients.

With its rapid expansion across India, led by Dr. Shrikant Bhasi, Carnival Cinemas continues to be India’s fastest growing multiplex chain and it now has the distinct honour of becoming the first ever cinema group to reach the remarkable milestone of being present in over 100 cities across India. Carnival Cinemas is now spread across 20 states which operates over 150 properties and 450 plus screens in the country with lavish interiors, luxurious seating arrangements, a wide selection of F&B and the best-in-class services at affordable prices. Carnival Cinemas entertains over 50 million patrons annually and has a total seating capacity of over 125000. Carnival Group envisions holding 1000 screens by 2020 in India, each providing a state-of-the-art movie experience and premium service standards.

Mohan Umrotkar
Mohan Umrotkar

Speaking on the announcement, Mr. Mohan Umrotkar, CEO, Carnival Cinemas said “Carnival Cinemas is the most preferred destination of movie goers of metros, tier I citiesand emerging India i.e.tier II& III cities. Our partnership with Khushi will benefit us in leveraging the huge growth & digitization happening in these regions. The burgeoning disposable income group prefers watching movies in the best cinema chains. It is this captive audience who can be tapped and targeted by advertisers.We have been associated with Khushi for about 5 years now & are confident of enhancing our advertising revenue through this partnership. With its presence across 33 cities,Khushi is doing extremely well by bringing in large & small brands from these cities to advertise in our theatres. With this partnership, we aresure to increase the share of revenues brought in by our AOR & other agencies, add new brandsandsee incremental growth in our ad-revenues.”

Vishnu Telang
Vishnu Telang

Vishnu Telang – CEO, Khushi Advertising stated, “Khushi will harness its experience of 13 years in the cinema advertising industry to boost ad revenues for Carnival. We are extremely upbeat about garnering hefty ad revenues from onscreen advertising, branding and activations. Khushi is the undisputed leader in offering ad inventory of multiplex chains to clients & agencies in India. More than 350+ leading brands & 1500+ regional clients have signed us for advertising in cinemas in India. Our dedicated team of experts spread across 33 cities in the country will ensure that Carnival gets business from hitherto unexplored cities which promise huge potential.”

pranay shah
pranay shah

Delighted with this accomplishment,Pranay Shah – Director, Khushi Advertising added, “Khushi is the largest contributor to the ad-revenuesof the top multiplex chains in India. With Carnival’srights, we will be able to build abetter package & solution for our clients.This will be a win-win situation for the cinema owners as well as the advertisers. We are grateful to the management of Carnival for instilling trust in our competence to deliver desired results. We are positive about transcending the budgeted statistics and creating a strong and enduring association with Carnival Cinemas”.

Tags: advertising revenuesCarnival Cinemas

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