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08/14/2019
Multiplex Investors Spooked over Jio FDFS
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Shares of PVR & Inox fell over 4% each, a day after Jio's First Day Fist Show announcement which is aimed at bringing New Movies to its Broadband Customers on the very first Day of Release. General consensus is that Producers will need to take a stand and choose between theatrical release or other platforms in the early days which is a Minimum of  4 to 8 weeks depending on how big it is. It is possible that Jio will bring their own Productions being planned under 'Jio Studios' as part of this Mid 2020 Scheduled FDFS Venture.

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