Advertisement
Advertisement
PVR
- personal video recorder. DVR.
PVR
abbreviation for
- personal(ized) video recorder: a device for recording and replaying television programmes and films etc that uses a hard disk rather than videocassettes or DVDs and has various computer functions
Example Sentences
Occupancy rates at Inox were at 17% for the quarter, with PVR at 24%, analysts at domestic brokerage and research firm Nirmal Bang said, blaming the lackluster attendance on "poor consumer connect with the content released in the second quarter."
In the first quarter, Inox reported a 29% occupancy rate, while PVR said its rate was 33.6% in the same period.
"The film exhibition sector has been one of the worst impacted sectors on account of the pandemic and creating scale to achieve efficiencies is critical for the long-term survival of the business and fight the onslaught of digital OTT platforms," PVR Chairman Ajay Bijli said in a press release.
“Our revenues are abysmal because we’re still an incomplete offering,” said Ajay Bijli, the chairman and managing director of PVR Ltd., which has laid off nearly 30 percent of its employees.
Even as the government reopened theaters in October, PVR Cinemas, the country’s largest multiplex chain, reported a net loss of 184 crore rupees, or about $25 million, for the quarter that ended in September, because of the lack of new movies.
Advertisement
Advertisement
Advertisement
Advertisement
Browse