This article needs to be updated.June 2019)(
Number of locations
|Kiran Reddy (MD)|
SPI Cinemas is an Indian multiplex chain and film production company originally owned by the SPI Group, headquartered in Chennai, Tamil Nadu. The company began operating multiplexes in Chennai, and eventually expanded to several states in India. SPI is often lauded for its premium quality and inexpensive pricing. Its theatres, primarily Sathyam Cinemas, are often used by filmmakers for film premieres and audio launch events. Popcorn served at SPI Cinemas has received considerable praise from film goers and the media. In August 2018, PVR Cinemas had completed the acquisition of SPI Cinemas.
Sathyam Cinemas was originally named the "Royal Theatre Complex" and was built by Raja from Venkatagiri in April 1974. With a capacity of 1,255 seats, it was the largest multiplex built in Chennai at the time.
Kiran Reddy, the current CEO of SPI Group, revealed in a 2012 interview with The Hindu that Sathyam Cinemas was acquired by his family "from someone" in the 1980s. It was acquired for real estate purposes with no intention of continuing the theatre business. He claimed, "The intent was to demolish the Sathyam building. The theatre wasn't a viable business if you looked at the value of the land." However, when he got involved in the business, the family had made several improvements to the theatre. Reddy had taken over the business in 1999 and continued developing the theatre, adding three more screens and refurbishing the existing three.
In 2009, SPI Cinemas established itself as a film production company, producing its first film, Thiru Thiru Thuru Thuru. SPI Cinemas is one of the key movie distributors in Tamil Nadu and has forayed into the music business with Think Music to distribute Tamil, Telugu and Malayalam movie soundtracks via digital media and Purplenote to distribute non-movie contemporary music.
Acquisition by PVR CinemasEdit
In August 2018, PVR Cinemas had completed the acquisition of SPI Cinemas. In August 2019, the National Company Law Tribunal (NCLT) New Delhi-branch approved the amalgamation of SPI Cinemas into PVR with effect from the appointed date of August 17, 2018, PVR said in the exchange filing. PVR Cinemas mentioned that they will start re-branding SPI Cinemas' properties outside of Tamil Nadu as PVR in a phased manner. Also all future SPI projects will be branded as PVR. This includes the state of Tamil Nadu as well. As of November 2019, Le Reve Cinemas in Bandra, Mumbai and S2 Haseen in Thane has been re-branded as PVR and booking for Le Reve has been moved to PVR Cinemas Website.
|State/Territory||City||Theatre Name||Theatre Locality||Number of Screens||Ref.|
|Tamil Nadu||Chennai||Sathyam Cinemas||Royapettah||6|
|Escape Cinemas||Express Avenue, Royapettah||8|||
|S2 Perambur||Spectrum Mall, Perambur||5|
|S2 Theyagaraja||Old Theyagaraja Talkies, Thiruvanmiyur||2|
|Palazzo Cinemas||The Forum Vijaya, Vadapalani||9 (including one IMAX)|||
|Coimbatore||The Cinema||Brookefields Mall, Krishnaswamy Road||6|||
|Puducherry||Pondicherry||The Cinema||Providence Mall||5|||
|Karnataka||Bengaluru||The Cinema||GT World Mall, Magadi Road||5|
|AURA||Ascendas Park Square Mall,Whitefield||4|
|Andhra Pradesh||Nellore||S2 Nellore||Old Raghava Cineplex, Pogathota||3|
|The Cinema||MGB Felicity Mall||5|
|Archana Cinemas||Ramji Nagar||1|
|Leela Mahal||Vidya Mahal Center||1|
|Guntur||The Cinema||KSP Prime Mall, Naaz Center||5|
|Hyderabad||S2 Cinemas||Noma Talkies, Mallapur||4|
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- "About Us".
- "PVR completes acquisition of 71.6% stake of SPI Cinemas". The Economic Times. 17 August 2018. Retrieved 15 October 2019.
- "SPI cinemas amalgamated with PVR effective August 17, 2018" (PDF). PVR Website. 23 August 2019.
- "SPI Cinemas Amalgamation". Business Today. 17 October 2019.
- "PVR Le Reve Cinemas, Globus Mall, Bandra".
- Prince Frederick (18 June 2013). "Let the show begin". The Hindu.
- Subramanian, Karthik (3 November 2014). "The long wait for IMAX". The Hindu. ISSN 0971-751X. Retrieved 26 July 2018.
- V. S. Palaniappan (6 December 2011). "The Cinema @ Brookefields opens tomorrow". The Hindu.