The Film Exhibition Industry in Malaysia has grown manifold in the last 5 years. From 59 Cinemas, 233 screens and 55,950 seats in 2004, the Country now has 91 Cinemas, 453 screens and 92,642 seats representing a 97% increase.
On an average, 350 films are released in Malaysia every year in various languages.
According to the data obtained by the Malaysian Film Censor Board, 366 films were released in 2007, 383 films were released in 2008 and 389 films have been released in 2009 in various languages.
In Malaysia, Tamil films are screened in as many as 55 screens across the country. These include various categories ranging from ‘A’ Grade films to ‘C’ Grade films. During the last 3 years, more than 250 Tamil films were imported from India for exploitation in Malaysia through Theatrical Exhibition, Home Video and Terrestrial Television. The increasing number of Tamil films imported every year reflects the growing demand for Tamil films in the nation.
It would be noteworthy to mention that majority of Tamil films continue to enjoy demand in Single-Screen Theatres or Twin-Screen Theatres rather than in Multiplexes. Certain theatres in the country have been portrayed as ‘Tamil Film Theatres’ due to their presence in Tamil speaking locations. However, barring the traditional theatres, Tamil films are now increasingly getting popular in Multiplexes across the country. The revolutionary release of the blockbuster film and the highest ever grosser in Malaysia ‘SIVAJI-THE BOSS’ reinvented the exhibition business for Tamil films in Malaysia.
On an average, collections from screening Tamil films in theatres constitute 4.9% of the total film collections in Malaysia. Over the last years, admissions in Cinemas for Tamil films have seen a gradual increase from a meager 0.49 million in 2003 to 2.69 million in 2010. With this increasing trend, these figures are expected to double in the next 5 years.
The Company is expanding its operations by entering into the Exhibition business. The Company has identified screens in various locations across Malaysia and will initially focus in screening Indian film content. Initially the company will follow the ‘lease model’ and after couple of years will graduate to the ‘Ownership Model’.