AIRLINK 184.71 Increased By ▲ 0.85 (0.46%)
BOP 12.12 Increased By ▲ 0.30 (2.54%)
CNERGY 7.50 Decreased By ▼ -0.02 (-0.27%)
FCCL 47.52 Increased By ▲ 1.14 (2.46%)
FFL 16.15 No Change ▼ 0.00 (0%)
FLYNG 28.51 Increased By ▲ 0.73 (2.63%)
HUBC 141.58 Increased By ▲ 6.49 (4.8%)
HUMNL 13.18 Increased By ▲ 0.12 (0.92%)
KEL 4.63 Increased By ▲ 0.01 (0.22%)
KOSM 6.31 Increased By ▲ 0.11 (1.77%)
MLCF 60.37 Increased By ▲ 1.20 (2.03%)
OGDC 225.48 Increased By ▲ 2.42 (1.08%)
PACE 6.07 Increased By ▲ 0.28 (4.84%)
PAEL 48.14 Increased By ▲ 3.19 (7.1%)
PIAHCLA 18.27 Increased By ▲ 0.61 (3.45%)
PIBTL 11.05 Increased By ▲ 0.39 (3.66%)
POWER 11.83 Increased By ▲ 0.10 (0.85%)
PPL 189.65 Increased By ▲ 2.60 (1.39%)
PRL 36.36 Increased By ▲ 0.09 (0.25%)
PTC 24.52 Decreased By ▼ -0.25 (-1.01%)
SEARL 102.92 Increased By ▲ 1.97 (1.95%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 36.73 Decreased By ▼ -0.23 (-0.62%)
SYM 15.71 Increased By ▲ 0.02 (0.13%)
TELE 8.11 Increased By ▲ 0.23 (2.92%)
TPLP 11.26 Increased By ▲ 0.43 (3.97%)
TRG 70.31 Increased By ▲ 3.69 (5.54%)
WAVESAPP 11.16 Increased By ▲ 0.34 (3.14%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
YOUW 3.78 Decreased By ▼ -0.03 (-0.79%)
AIRLINK 184.71 Increased By ▲ 0.85 (0.46%)
BOP 12.12 Increased By ▲ 0.30 (2.54%)
CNERGY 7.50 Decreased By ▼ -0.02 (-0.27%)
FCCL 47.52 Increased By ▲ 1.14 (2.46%)
FFL 16.15 No Change ▼ 0.00 (0%)
FLYNG 28.51 Increased By ▲ 0.73 (2.63%)
HUBC 141.58 Increased By ▲ 6.49 (4.8%)
HUMNL 13.18 Increased By ▲ 0.12 (0.92%)
KEL 4.63 Increased By ▲ 0.01 (0.22%)
KOSM 6.31 Increased By ▲ 0.11 (1.77%)
MLCF 60.37 Increased By ▲ 1.20 (2.03%)
OGDC 225.48 Increased By ▲ 2.42 (1.08%)
PACE 6.07 Increased By ▲ 0.28 (4.84%)
PAEL 48.14 Increased By ▲ 3.19 (7.1%)
PIAHCLA 18.27 Increased By ▲ 0.61 (3.45%)
PIBTL 11.05 Increased By ▲ 0.39 (3.66%)
POWER 11.83 Increased By ▲ 0.10 (0.85%)
PPL 189.65 Increased By ▲ 2.60 (1.39%)
PRL 36.36 Increased By ▲ 0.09 (0.25%)
PTC 24.52 Decreased By ▼ -0.25 (-1.01%)
SEARL 102.92 Increased By ▲ 1.97 (1.95%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 36.73 Decreased By ▼ -0.23 (-0.62%)
SYM 15.71 Increased By ▲ 0.02 (0.13%)
TELE 8.11 Increased By ▲ 0.23 (2.92%)
TPLP 11.26 Increased By ▲ 0.43 (3.97%)
TRG 70.31 Increased By ▲ 3.69 (5.54%)
WAVESAPP 11.16 Increased By ▲ 0.34 (3.14%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
YOUW 3.78 Decreased By ▼ -0.03 (-0.79%)
BR100 12,602 Increased By 143.7 (1.15%)
BR30 39,293 Increased By 986 (2.57%)
KSE100 117,974 Increased By 972.9 (0.83%)
KSE30 36,496 Increased By 361.4 (1%)
Pakistan

Pakistan’s Cinepax joins hands with UAE’s StarzPlay

Pakistan’s cinema chain, Cinepax has officially joined hands with Dubai-based StarzPlay in a joint venture. “Th
Published September 4, 2018

Pakistan’s cinema chain, Cinepax has officially joined hands with Dubai-based StarzPlay in a joint venture.

“This landmark joint venture with Cinepax marks StarzPlay’s first launch outside the MENA region and will elevate our potential consumer reach from 350 million to over 500 million,” said Maaz Sheikh, co-founder and CEO, quoted Arabian Business.

The CEO was of the view that he was eyeing the Pakistani market for a while, with a potential customer base of hundreds of millions.

“We've been looking forward to launching in Pakistan for a while; and a partnership with such a well-known name in the entertainment industry as Cinepax is the perfect way to kick off an exciting relationship with our customers in the country. This partnership will also help our studio partners in legitimizing such a heavily-pirated market,” he added.

Meanwhile, Arif Baigmohamad, chairman, Cinepax Group, was of the view that the partnership would further strengthen the Pakistani cinema chain business.

“Our partnership with StarzPlay will help to strengthen our growing movie business and allow customers to live stream top content from a number of different devices…. We are able to offer flexible payment options and multiple price points coupled with localized, third party content, which gives us a clear edge over competition,” he added.

In 2016, Netflix Inc, the US-based streaming giant entered Pakistan as it moves to enlarge its Internet TV network to more than 190 countries around the globe.

Copyright Business Recorder, 2018
 

Comments

Comments are closed.