The Fridays — BW | Businessworld Cinema Exhibition Awards & Conference

Business World with its longstanding history of being a paragon of recognizing business trends much before others, has pioneered The Fridays — BW | Businessworld Cinema Exhibition Awards & Conference to recognize and honour the best examples of quality, innovation and growth in the industry. The awards and conference was held on May 15, 2015 at ITC Grand Central, Parel — Mumbai which was attended an esteemed panel of jury members.

The conference and awards had different sessions talking about the innovation and growth about our industry. Businessworld awarded Mr Subhash Ghai with an award titled “Pioneering Contibution in the field of cinema education” for how he braved heavy odds to setup Whistling Woods International — a premier institution with state of the art fascilities. He was awarded by Mr Anurag Batra, Chairman & Editor-in-Chief, Businessworld.

Anurag Batra said, “Subhash ji has been a true pioneer in the field of cinema right from making ground breaking blockbuster hits that delivered great content to exhibitors to setting up a state of the art premier institute in cinema studies — Whistling Woods. It’s an honor and privilege for us at Businessworld to have him be the Chief Guest at the inaugural edition of our pioneering initiative The Fridays | BW Businessworld Cinema Exhibition Awards & Conference.” One of the panel discussion focused on Old Games New Moves: Thoughts on rejuvenating the Single Screens. The thought behind the session was refashion and rejuvenate the Single Screen as figures from a report published by the Film Federation of India show that the number of single-screen cinemas in the country has fallen from 13,000 to about 10,000 over a five year period.

The speakers at the panel - Mr. Pranav Ashar, Founder - Matterden Film Society, Mr. Rahul Puri, Managing Director - Mukta Arts, Mr. Amit Khanna, Former Chairman - Reliance Entertainment and Mr. Ramesh Nair, International Director & COO — Jones Lang LaSalle which was Moderated by Bharati Dubey, Film journalist.

Talking about the single screens in India - Rahul Puri, Managing Director, Mukta Arts said, “Single screen here in India have a perception. People believe that the single screen cannot offer the same quality and experience like the multiplex. But opportunities are available for the single screens since they have the locality as a plus point. They can improvise the projection, sound and give the audience a feel like the multiplex. Single screens & Multiplex can coexist.”

He further added, “Movies will be an eventful kind of an experience. Experience will be something that you will take home that's the future. For example, you go to a rock concert there will be 1000- 1500 people dancing together, same will have for movies. One Large single screen with 1000- 1500 audiences laughing together & crying together. Cinema is like a product that you need to deliver to the audience.