Asian Cinemas in Trouble!

Asian Cinemas are very popular for providing great movie experience. But it also has many other businesses including distribution. According to the sources, Asian Cinemas have landed in trouble, after IT raids are being held at their office premises, house, and many other partnership places in Hyderabad. Asian Cinemas is headed by Narayan Das, Daggubati Suresh Babu and Sunil Narang and they have collaborated with Mahesh Babu for his AMB Cinemas in Hyderabad. As rides are also happening in their partnership paces too, we can even expect a ride at AMB Cinemas office. The three owners had distributed many big films in the South.

Currently, Asian Cinemas have 8 multiplexes and 12 Cineplexes in Hyderabad, Nizamabad, Warangal, Bhadrachalam, Siddipet, Karimnagar and Manchieral along with 80 single screens across the state with a total seating of 98000. Also, they said that they are coming up with 20-25 more screens by the end of the year with a total addition of 10,000 seats.

The Asian Cinemas is also into production, apart from distribution. It is common that biggies have to face this kind of IT Raids often. We have to see if everything will be okay or the raid has created some problem. More details will be out very soon.