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Kodak to invest in multiplexes in India
Lalitha Srinivasan
Mumbai : Kodak India's Entertainment Imaging Division is planning to invest in state-of-the-art multiplexes in the country. Says Bjorn Stenslie, regional business general manager and vice-president Entertainment Imaging Business Unit (Greater Asia and Japan), Kodak Worldwide: ``We see India as an opportunity for Kodak to invest in multiplexes and raise the quality bar of cinema in the country by creating state-of-the-art cinemas and taking further the long-term partnership between Kodak and the movie industry.'' When contacted, Kodak India Entertainment Imaging Division, vice-president & head manager, Shankar Dutta confirmed the initiative: "Yes, we are interested in investing in multiplexes in India.However there are issues such as entertainment taxes to be resolved." As for the rationale behind the new initiative, Mr Dutta explains that the quality of Indian cinemas do not meet international standards at present. "Since Kodak is a part of the industry, we feel obligated to work in the direction to lift the quality of the Indian cinema," adds Mr Dutta. According to Mr Dutta, Kodak Entertainment Imaging Division is planning to introduce `Screencheck' programmes in India for the first time. Explains Mr Dutta: "It's basically a certification programmes for current cinemas to improve their quality. Two years ago, we introduced Vision Print Films with Hum Dil De Chuke Sanam. With the success of the film, our product is also gaining popularity," adds Mr Dutta. The Rs 100-crore Entertainment Imaging division is considered to be a leader in the motion pictures industry with a 80 per cent market share in the commerce negative film business. While Kodak is working actively to `raise the quality bar' for theatrical motion picture presentation, the success/acceptance of Kodak's work will depend on cooperation among a number of industry participants, including exhibitors, distributors, laboratories, and the government. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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