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<ul><li><strong>The idea is to invest about ₹15 crore and use cinema halls which have been lying empty due to the coronavirus pandemic.<br /></strong></li><li><strong>Carnival Groups have partnered with food aggregator <keyword id="830092" type="COMPANY" weightage="20" keywordseo="Zomato">Zomato</keyword> to deliver food as of now, however, <keyword id="2084716" type="PERSON" weightage="20" keywordseo="Carnival-Cinemas">Carnival Cinemas</keyword> will soon come up with their own delivery service in a year or so. <br /></strong></li><li><strong>Moreover, the group is aiming to register gross sales worth ₹500 crore with this new operation. <br /></strong></li></ul><keyword id="2402626" type="ORGANIZATION" weightage="20" keywordseo="carnival-group">Carnival Group</keyword>, which runs India’s third largest multiplex chain by screen count, is set to deliver food through a hundred cloud kitchens in multiple cities including Mumbai, Kerala, Bengaluru, Jodhpur, Varanasi etc. The idea is to invest about ₹15 crores and use cinema halls which have been lying empty due to the coronavirus pandemic.<br /><br />Carnival Groups have partnered with food aggregator Zomato to deliver food as of now, however, Carnival Cinemas will soon come up with their own delivery service in a year or so. This will pit Carnival in direct competition with the likes of Jubilant Foodworks, which operates the Domino's pizza outlets, and Westlife Development, the franchisee for McDonald’s in West and South India.<br /><br />The group’s cinema business, with 470 screens across 120 cities in India, fell at least 40-50% between January to March 2020 as compared to last year. This was before the lockdown could take its full toll on the business. <br /><br />Hence, the pivot to cloud kitchens. “Food is and always will be a huge industry. We understand the current scenario of COVID-19 pandemic is not very favorable for many existing restaurants and hotels. There is a huge potential in the cloud kitchen segment and that too when we have a strong network of around 150 plus theatres in over 120 cities across India so we don’t need to invest in the biggest expense traditional restaurants deal with: real estate costs, Dr Shrikant Bhasi, Founder and Chairman said.<br /><br />The group has already started operations at nine locations in five states including Huma Kanjur Marg in Mumbai, Green Field and Kariyad in Kerala, Bengaluru and Belgaum in Karnataka, Nasrani Jodhpur, Galaxy Jaipur in Rajasthan, Allahabad and Varanasi in Uttar Pradesh. <br /><br />Eight more outlets are set to open in Mumbai and Pune in the next three months<br /><br />The group is aiming to register gross annual sales worth ₹500 crore with this new operation. “One of the major points of the cinema location is that they are at prime locations in the city in all tier-I, tier-II, tier-III cities. By doing this, we will definitely be able to increase the F&amp;B revenue of the group,” Sony Ravindranath Carnival Group’s Director &amp; CEO (F&amp;B) said in an interview with Business Insider India.<br /><br />“Just like Dominos and Pizza Hut, we also plan on opening our own delivery platform and then we will be able to send the product at a much cheaper price,” he added. <br /><br />Ravindranath says once Carnival Group’s cloud kitchens settle in India, they will also start opening other units overseas — Dubai, Singapore, Australia and the US. <br /><br /><strong>SEE ALSO: <a href="https://www.businessinsider.in/tech/news/googles-sundar-pichai-facebook-and-amazon-heres-how-american-companies-reacted-to-donald-trumps-h1-b-visa-freeze/articleshow/76522530.cms">Google’s Sundar Pichai, Facebook and Amazon — here’s how American companies reacted to Donald Trump’s H1-B visa freeze</a></strong><br />

An Indian multiplex chain is turning empty theatres into cloud kitchens for home delivery via Zomato⁠⁠— taking on Domino’s and McDonald’s

<strong><br /></strong><ul><li><strong>According to a CARE Ratings report, film exhibitors in India will lose at least ₹3,500 crore as cinema halls shutdown.<br /></strong></li><li><strong>Rating agency Acuite expects a precipitous drop of over 50% in multiplex footfalls in the next 2-3 months. <br /></strong></li><li><strong>The multiplexes chain are now considering approaching the government to seek a relief package, including deferment of certain taxes. <br /></strong></li></ul>Cinema halls in India have had a bad start in 2020. First of all, it had few hits that enthused the public like Baaghi 3 or Angreji Medium. As <keyword id="1754604" type="PERSON" weightage="20" keywordseo="coronavirus">Coronavirus</keyword> spreads, halls across many cities shut down as per government orders. <br /><br />The management of theatres are now busy calculating the losses as 5,000 screens across the country are shut and even those that are open have nothing to bring people to as March and April releases like Rohit Shetty’s Sooryavanshi and Ranveer Singh’s 83 have been postponed indefinitely. The halls are losing ₹150 crore a week, <a href="https://www.exchange4media.com/marketing-news/coronavirus-bears-down-on-bollywood-with-no-ticket-sale-hiked-marketing-budget-103373.html">according to Shailesh Kapoor, CEO, Ormax Media. </a><br /><br /><strong><br />The effect might be temporary says PVR Cinemas and Inox <br /></strong><br />PVR cinemas, which has 822 screens in 69 cities, says the effect may be temporary and they look forward to better times. INOX, which has 624 screens in 68 cities too is confident about their growth as the lockdown lifts. <br /><br />But the investors do not share their confidence. PVR has witnessed a 43% decline in its decline in the last one month. Whereas the share price of INOX saw a 39% fall between February 18 and March 18. <br /><br />
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 <br /><strong>Rating agency expects 50% fall in multiplex footfalls <br /></strong><br />
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<br />Several rating agencies are convinced that there would be a ripple effect. Moreso, because scientists are yet to determine whether warm weather can reduce the spread of coronavirus in India or not. Even in that case, a possible social isolation is advised till June. <br /><br />Rating agency Acuite expects a precipitous drop of over 50% in multiplex footfalls in the next 2-3 months, particularly for those which are primarily located in retail malls at Tier I or Tier II cities. <br /><br />"Typically, the holiday season of April-June is the peak time for big movie releases. However, the latter may get postponed due to the Covid-19 crisis," said Suman Chowdhury, president (ratings) at Acuite Ratings and Research.<br /><strong><br />This quarter is completely washed out says Carnival Cinemas<br /></strong><br />
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<br />A few multiplex chains however acknowledged the situation like Carnival Cinemas, a multiplex chain in India with 470 screens across 120 cities. <br /><br />“This quarter is completely washed out and shall be down at least 40-50% as compared to last year. One, because the movie line up was weak and then the Covid-19 impact in March. It is unfortunate that the business is affected so much, but human life is of most importance,” said Mohan Umrotkar, CEO Carnival Cinemas. <br /><br />Considering the losses, multiplexes chains might move to the government to seek a relief package, including deferment of certain taxes. Industry insiders contend that restricted cash flows and mounting incremental costs such as rentals and operational expenses have left the sector in an untenable financial position.<br /><br />According to a CARE Ratings report, film exhibitors in India will lose at least ₹3,500 crore every month. That is extra bad news for the industry which was already reeling from loss of revenue from CAA protests and riots in the last quarter. <br /><br /><br />See also: <br /><a href="https://www.businessinsider.in/finance/news/the-us-box-office-suffered-its-worst-weekend-in-more-than-20-years/articleshow/74657349.cms">The US box office suffered its worst weekend in more than 20 years</a><br /><a href="https://www.businessinsider.in/india/news/coronavirus-hits-akshay-kumars-sooryavanshi-and-ranveer-singh-starrer-83/articleshow/74593762.cms">Coronavirus hits box office — 83 release may be delayed and Sooryavanshi struggles</a><br />

Cinema halls lose ₹150 crore a week with lockdowns and delayed releases

<ul class="summary-list"><li>Damien Chazelle's "Babylon" stars Margot Robbie, Diego Calva, Brad Pitt, and Jean Smart.</li><li>The entire cast gives their all in this visually stunning movie set in 1920s Hollywood.</li></ul><p>Director Damien Chazelle has returned to the big screen after four years with his love letter to the golden era of Hollywood set at the time when silent movies transitioned to using sound.</p><p>Although it feels like a much more extravagant beast than Chazelle's previous movies, it doesn't quite live up to the hype of "<a href="https://www.insider.com/drummer-rates-seven-drumming-scenes-in-movies-and-tv-2022-9">Whiplash</a>" or "<a href="https://www.insider.com/la-la-land-musical-references-2017-2">La La Land.</a>"</p><p>Chazelle once again looks at ambition, greed, and hubris through the Hollywood lens with a sprawling cast that ultimately delivers a riotous performance in this overstuffed story.</p><p>That being said, it's still an utterly stunning jaunt through the era, as <a href="https://www.insider.com/margot-robbie-fame-wolf-of-wall-street-pretty-awful-2022-11">Margot Robbie</a>'s Nellie LaRoy parties her way to stardom and Diego Calva's Manny Torres marvels at the beauty of cinema. </p><h2>'Babylon' showcases the ecstatic highs of Hollywood, as well as the crushing lows</h2><div type="image" title="Margot Robbie as Nellie LaRoy and Diego Calva as Manny Torres in &quot;Babylon.&quot;" height="1333" width="1778" msid="96275293" hostid="261" sizebytes="350266"></div><p>The film's opening throws audiences into a rip-roaring party that feels wildly frenetic, barely giving the viewer time to breathe as they take in the absurd carnival of chaos unfolding on screen, whether it's the copious amount of drugs, the giant elephant thundering through the house, or the sex workers upstairs catering to the grim fantasies of the rich and famous.</p><p>Robbie brings that same unhinged energy to her performance as Nellie. She revels in being a free spirit, which begins to get tiresome for the audience when she keeps making all the wrong choices. But she's undeniably entertaining, and the character is destined for memes (especially given one spit-take-inducing line about "sticking some cocaine up my pussy").</p><p>Her lively nature works perfectly in tandem with Manny, who sees the pure beauty in the power of cinema. It's an unsubtle nod to exploitation in Hollywood, spitting out would-be stars with no hesitation when they start to decline.</p><p>In addition to following Nellie as her addiction to drugs and gambling threatens her success and Manny as he climbs the studio ladder, "Babylon" also tells the story of Jack Conrad (Brad Pitt), a silent film star who can't seem to find success in sound pictures, and faces the possibility that he just isn't cut out for the industry anymore.</p><p>The story, written by Chazelle, is about ambition, greed, and love — but it's also simply way too long.</p><h2>Comedy and a dose of horror can't save the lengthy runtime</h2><div type="image" title="Brad Pitt as Jack Conrad and Diego Calva as Manny Torres in &quot;Babylon.&quot;" height="421" width="562" msid="96275294" hostid="261" sizebytes="12400"></div><p>The movie is blisteringly funny in places, with dashes of slapstick that work well amid the (slightly overwhelming) mayhem. But even the surprisingly gooey moments of comedy can't stop "Babylon" from feeling overblown and plodding.</p><p>That weighty runtime of three hours and eight minutes gets in the way, even though all of these individual stories are brilliantly told. Together they just pull the film in too many different directions, which gets irritating.</p><p>Chazelle does deliver a genuinely haunting sequence in the third act which just about saves the film from dragging itself over the finish line, but it feels tacked on to shake the audience awake ahead of the emotional ending. </p><p>As Jean Smart's sharp-tongued critic Elinor St. John tells Jack, actors will be forever immortalized as "angels and ghosts." It's definitely the other side of the coin to "La La Land," but it feels alive in a whiskey-drinking, cocaine-snorting, monologue-aggrandizing way that Chazelle's previous work doesn't.</p><p>That's partly down to how fast-paced a lot of the scenes are, but <a href="https://www.businessinsider.com/score-of-golden-globe-winning-first-man-explained-by-justin-hurwitz-2019-1?r=US&amp;IR=T">Justin Hurwitz</a>'s pounding score has a big part to play too. Both "Voodoo Mama" and "Call Me Manny" in particular are a call to party.</p><p>Ultimately, "Babylon" is a gorgeous period epic about the beauty and pain of Hollywood, but it definitely starts to buckle under the weight of its own ambition.</p><p><em>"Babylon" is in theaters from December 23, 2022, in the United States, and January 20, 2023, in the UK.</em></p>

Margot Robbie and Diego Calva shine in 'Babylon,' but Damien Chazelle's new movie is way too long

<ul class="summary-list"><li>The world's first <keyword id="12004886" type="UNKNOWN" weightage="60" keywordseo="peppa-pig" source="Orion">Peppa Pig</keyword> <a href="https://www.insider.com/best-theme-parks-in-the-united-states-expert-reveals-2021-10">theme park</a> is coming to <keyword id="11910362" type="UNKNOWN" weightage="60" keywordseo="florida" source="Orion">Florida</keyword>, and I got an early look inside.</li><li>The <keyword id="11922205" type="UNKNOWN" weightage="60" keywordseo="theme-park" source="Orion">theme park</keyword> has 6 rides, a diner, and many outdoor play areas all based on "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.paramountplus.com%2Fshows%2Fpeppa-pig%2F%3F" rel="nofollow sponsored">Peppa Pig</a>."</li></ul><p>The world's first complete <a href="https://www.peppapigthemepark.com/florida/">Peppa Pig theme park</a> opens this week at Legoland Florida Resort in Winter Haven, Florida.</p><p><a href="https://paultonspark.co.uk/themed-worlds/peppa-pig-world">Paultons Family Theme Park</a> in the UK has an area dedicated to the cartoon character that's been open since 2011, but now there's an entire park for kids to enjoy. </p><p>I had a chance to visit the park before its grand opening on February 24, and I could tell right away that it's a great spot for preschoolers and fans of the <a href="https://www.insider.com/how-tall-is-peppa-pig-2019-7">beloved British pig</a>. </p><p>Read on to see what it's like exploring Peppa Pig Theme Park.</p><h2><strong>I visited </strong><strong>Peppa Pig Theme Park </strong><strong>before it officially opened to the public</strong></h2><p><strong></strong></p><div type="image" title="carly holding her grand opening pass at the peppa pig theme park in florida" height="3376" width="2711" msid="89758090" hostid="261"></div><p>Peppa Pig Theme Park is located at the Legoland Florida Resort in Winter Haven, Florida — about an hour from <a href="https://www.insider.com/i-go-to-disney-world-frequently-favorite-things-to-do-2021-9">Walt Disney World</a> and <a href="https://www.insider.com/best-ways-to-save-money-at-universal-orlando-2021-7">Universal Orlando Resort</a>.</p><p>Based on the hit British cartoon series "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.paramountplus.com%2Fshows%2Fpeppa-pig%2F%3F" rel="nofollow sponsored">Peppa Pig</a>," the park is the newest addition to the resort, which also includes Legoland Theme Park, Legoland Water Park, and three on-site resorts. </p><div type="image" title="exterior shot of the entry way sign at legoland florida resort" height="3024" width="4032" msid="89758093" hostid="261"></div><p>Guests can purchase a range of ticket options, including annual passes, single-day options, bundle tickets that include a visit to Legoland Theme Park, and an all-inclusive vacation option with on-site accommodations.</p><h2><strong>Guests walk into the park under a giant rainbow entryway</strong></h2><p><strong></strong></p><div type="image" title="view from underneath the rainbow entry sign at peppa pig theme park in florida" height="3024" width="4032" msid="89758095" hostid="261"></div><p>My first impression was that the park is vibrant and full of color.</p><p>As soon as I stepped inside, entering under a giant rainbow no less,  I noticed countless elaborately themed outdoor spaces and tons of greenery. </p><h2><strong>There are 6 main rides throughout the park</strong></h2><p><strong></strong></p><div type="image" title="exterior shot of the balloon ride at the peppa pig theme park in flordia" height="3024" width="4032" msid="89758097" hostid="261"></div><p>The park is the first <a href="https://www.insider.com/disney-world-disneyland-which-is-better-trip-review-photos-2021-11">in Florida</a> to be designed specifically for children six and under, meaning the height requirements are low for <a href="https://www.peppapigthemepark.com/florida/things-to-do/rides/">its six rides</a>: Daddy Pig's Roller Coaster, Peppa Pig's Balloon Ride, Grandad Dog's Pirate Boat Ride, Grampy Rabbit's Dinosaur Adventure, Mr. Bull's High Striker, and Peppa's Pedal Bike Tour.</p><p>Parents can also accompany their kids on the rides. </p><h2><strong>Daddy Pig's Roller Coaster is designed to be a child's first thrill ride</strong></h2><p><strong></strong></p><div type="image" title="shot of a car on daddy pig's roller coaster at peppa pig theme park in florida" height="3024" width="4032" msid="89758100" hostid="261"></div><p>Daddy Pig's Roller Coaster was the first attraction I noticed.</p><p>It's designed to be a child's introduction to <a href="https://www.insider.com/cool-facts-about-all-the-disney-world-rides">thrill-style rides</a> since it reaches speeds of 16 miles per hour and heights of 14 feet.</p><p>The ride's line also takes guests through a life-size version of Peppa's house, which is fun for fans of the show. </p><div type="image" title="shot of Daddy pig's roller coaster track at peppa pig theme park in flordia" height="3024" width="4032" msid="89758101" hostid="261"></div><p>Even though it's designed to be kid-friendly, I really enjoyed the coaster's twists and turns. </p><h2><strong>Grampy Rabbit's Dinosaur Adventure was my favorite ride</strong></h2><p><strong></strong></p><div type="image" title="shot of the dinosaur ride vehicles on grampy rabbit's dinosaur adventure ride at peppa pig theme park" height="3024" width="4032" msid="89758102" hostid="261"></div><p>Grampy Rabbit's Dinosaur Adventure lets guests weave through a prehistoric trail on the back of a dinosaur. </p><p>As you're making your way around the course, the dinosaurs bounce up and down, mimicking the motions of riding a horse. </p><p>This was my favorite ride of the day, topping even the big coaster. </p><h2><strong>There are also several themed play areas throughout the park</strong></h2><p><strong></strong></p><div type="image" title="the colorful george's fort play area at peppa pig theme park in florida" height="2274" width="3024" msid="89758103" hostid="261"></div><p>I was impressed by the number of unique <a href="https://www.peppapigthemepark.com/florida/things-to-do/attractions/">play areas and attractions</a> throughout the park.</p><p>These aren't just basic playgrounds though. Spots like George's Fort and Peppa Pig's Treehouse are tied to the storylines from "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.paramountplus.com%2Fshows%2Fpeppa-pig%2F%3F" rel="nofollow sponsored">Peppa Pig</a>."</p><div type="image" title="colorful carnival-style games at peppa pig them park in florida" height="3024" width="4032" msid="89758104" hostid="261"></div><p>There's also a Fun Fair section with complimentary carnival games for all guests to enjoy. </p><div type="image" title="water slides and shallow pools in the muddy slides play area of peppa pig theme park" height="3024" width="4032" msid="89758105" hostid="261"></div><p>The largest and most elaborate play area in the park is the Muddy Puddles Splash Pad.</p><p>The water area has slides, fountains, colorful oversized umbrellas, and plenty of shaded seating — all perfect for a hot Florida day. </p><h2><strong>Accessibility is at the forefront of the park's design</strong></h2><p><strong></strong></p><div type="image" title="accessibility wheelchair at peppa pig theme park in florida" height="3024" width="4032" msid="89758107" hostid="261"></div><p>The park's attractions and play areas were designed with accessibility in mind.</p><p>Peppa Pig's Balloon Ride features a gondola that allows wheelchair users to roll directly on board, and the ground of Muddy Puddles Splash Pad is grated to <a href="https://www.insider.com/best-cities-us-wheelchair-accessible-travel-2018-5">accommodate wheelchair users</a>.</p><p>Peppa Pig Theme Park is also a <a href="https://ibcces.org/blog/2021/11/16/peppa-pig-theme-park-reveals-new-accessible-ride-vehicle-and-will-open-as-a-certified-autism-center/">certified autism center</a> with the International Board of Credentialing and Continuing Education Standards (IBCCES). Required staff-wide training provides employees with the tools to help them best serve all guests.</p><div type="image" title="a sign wiht a sensory guide for an attraction at peppa pig theme park in florida" height="2592" width="3456" msid="89758159" hostid="261"></div><p>Together with the IBCCES, the park even developed sensory guides for every attraction, which provide insight into how a child with <a href="https://www.insider.com/diagnosed-with-autism-as-an-adult-experience-2021-6">sensory-processing sensitivities</a> may be affected by the experience. </p><p>I found the guides to be clearly marked at the entrance of each ride. They'll also be available online and on the mobile application to help parents plan ahead. </p><h2><strong>Peppa Pig and her friends also make frequent appearances throughout the park</strong></h2><p><strong></strong></p><div type="image" title="peppa pig and george characters roaming the peppa pig theme park in florida" height="3024" width="4032" msid="89758160" hostid="261"></div><p>The beloved characters, including Peppa Pig and her brother George, were greeting guests throughout my visit.</p><p>In addition to these roaming interactions, there are two shows: "Peppa Pig Comes to Play" and "Peppa Pig's Treasure Hunt Adventure."</p><p>Mr. Potato's Showtime Arena is the hub for entertainment, and it offers a shaded place to relax on a grassy hill full of giant beanbag chairs. </p><h2><strong>The Cinema was my favorite place to relax and enjoy the air conditioning</strong></h2><p><strong></strong></p><div type="image" title="interior shot of the cinema at peppa pig theme park complete with multi-color floor pillows and peppa pig playing in the background" height="3024" width="4032" msid="89758161" hostid="261"></div><p>The Cinema is the perfect place for families to relax and enjoy a respite from the Florida sun.</p><p>The indoor location offers cool temperatures and oversized beanbags where kids can enjoy episodes of "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.paramountplus.com%2Fshows%2Fpeppa-pig%2F%3F" rel="nofollow sponsored">Peppa Pig</a>" on the big screen.</p><h2><strong>Miss Rabbit's Diner had some of my favorite theming in the park</strong></h2><p><strong></strong></p><div type="image" title="interior shot of red booth at miss rabbit's diner at peppa pig them park" height="3024" width="4032" msid="89758162" hostid="261"></div><p>Miss Rabbit's Diner is an indoor <a href="https://www.insider.com/trying-100-sandwich-at-disneyland-photos-review-2021-12">quick-service dining location</a>.</p><p>I was impressed by its elaborate theming, including its classic diner-style booths and plentiful decor. </p><div type="image" title="all of the food options at miss rabbit's diner in peppa pig theme park laied out on a wooded cutting board" height="3024" width="4032" msid="89758164" hostid="261"></div><p>The menu is well-rounded with a little something for everyone.</p><p>The kid-friendly offerings include <a href="https://www.insider.com/review-best-method-for-quick-macaroni-and-cheese-2021-6">mac and cheese</a>, pizza, and a three-cheese <a href="https://www.insider.com/trying-trick-to-make-grilled-cheese-better-from-martha-stewart">grilled cheese</a>. For adults, there's a smoked-brisket melt, a rice-and-veggie bowl, and a Margherita flatbread.</p><div type="image" title="carly posing with her Muddy Puddle milkshake at miss rabbit's diner in peppa pig theme park" height="4032" width="3024" msid="89758165" hostid="261"></div><p>The restaurant's signature dessert, and my favorite thing on the menu, is the Muddy Puddle milkshake.</p><p>It's available in strawberry or <a href="https://www.insider.com/trying-best-chocolate-milkshake-recipes-from-chefs-review-2021-7">chocolate</a>, and each one is topped with a cookie.</p><h2><strong>Mr. Fox's Shop is the park's merchandise store</strong></h2><div type="image" title="shelves lined with peppa pug toys at mr fox's shop at peppa pig theme park" height="1898" width="2530" msid="89758166" hostid="261"></div><p>At the end of your trip, if you're looking for a souvenir, you can head over to Mr. Fox's Shop.</p><p>It's home to exclusive park merchandise and plenty of "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.paramountplus.com%2Fshows%2Fpeppa-pig%2F%3F" rel="nofollow sponsored">Peppa Pig</a>"-themed toys, ornaments, lunch boxes, and more.</p><h2><strong>This is a perfect destination for families with preschoolers</strong></h2><p><strong></strong></p><div type="image" title="carly posing with a peppa pig stuffed animal at the peppa pig theme park in florida" height="1741" width="2316" msid="89758168" hostid="261"></div><p><a href="https://www.insider.com/interesting-things-about-traveling-in-rv-with-kids-photos-2022-2">Small children</a> don't often have many options when visiting a traditional theme park, so Peppa Pig Theme Park is a unique offering.</p><p>It's almost like a hybrid between a theme park and a playground.</p><p>The park offers something special for younger visitors, and with Legoland Theme Park nearby, the property is a well-rounded, multiday destination for the whole family. </p>

I visited the world's first Peppa Pig theme park, and it's a great accessible option for young kids

Mumbai, Apr 5 () The Multiplex Association of India (MAI) has appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.<p>India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak.</p><p>Formed under the aegis of FICCI in 2000, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country. </p><p>In a statement released by the MAI, its President Deepak Asher said due to the shutdown, "our Industry is going through an unprecedented crisis that threatens our very existence."</p><p>"As compared to some other businesses, which have seen a revenue drop, multiplex revenues have overnight become zero. This has put us in a very grim situation as we struggle to meet our commitments to pay our staff salaries on time and meet our fixed overheads," the statement read.</p><p>The association said, with with zero revenues, they have "virtually no ability to pay any rent or CAM dues or meet our other fixed overheads."</p><p>"While the lockdown may continue for the next month or two, the cinema industry will take several months ('recuperating period') even after the lockdown is lifted, to get back to its feet, as the pipeline of content begins to flow again, and our patrons gain the confidence to step out of their homes and start  visiting crowded places like cinemas. </p><p>"We will be unable to survive as an industry through this period of lockdown and recuperating, without your support. We seek your support in granting us complete waiver from payment of rent &amp; CAM dues during the lock down and recuperating period, to help us tide over this unprecedented situation which is completely beyond our control," the statement added. </p>The association said they are seeing a "temporary relief" to ensure that cinema industry does not die an "instant death" leaving a significant impact on shopping malls across the country.  JUR  SHDSHD

Multiplex Association appeals to landlords to waive off rent of operators amid lockdown

<ul><li><strong>Warren Buffett is monitoring some of the businesses being hammered by the novel coronavirus, <a href="https://www.wsj.com/articles/coronavirus-throws-deal-making-into-disarray-11585652400">The Wall Street Journal reported on Tuesday</a>.</strong></li><li><strong>The billionaire investor is "circling the hardest-hit companies in the travel, lodging and entertainment sectors," sources told the newspaper.</strong></li><li><strong>Airlines, hotels, casinos, cinemas, and other businesses are suffering as people stay at home and authorities shut non-essential businesses to slow the pandemic's spread.</strong></li><li><strong>Buffett could deploy his Berkshire Hathaway conglomerate's $128 billion cash pile by investing in them or loaning them money.</strong></li><li><strong><strong><a href="https://www.businessinsider.com/international?r=US&amp;IR=T">Visit Business Insider's homepage for more stories</a>.</strong></strong></li></ul><p>Warren Buffett is eyeing some of the businesses suffering the most from the novel coronavirus, <a href="https://www.wsj.com/articles/coronavirus-throws-deal-making-into-disarray-11585652400">The Wall Street Journal reported on Tuesday</a>.</p><p>The billionaire investor and Berkshire Hathaway boss is "circling the hardest-hit companies in the travel, lodging and entertainment sectors, eager to offer financial lifelines should they be needed," the newspaper said, citing people familiar with the matter.</p><p>Airlines, hotels, casinos, cinemas, and other businesses in the travel and leisure space are running short of cash as people stay at home to slow the pandemic's spread and authorities shut down tourism hotspots such as the Las Vegas strip. Buffett may be happy to offer a helping hand - at a price.</p><p><a href="https://www.businessinsider.com/coronavirus-corporate-credit-experts-on-where-to-invest-biggest-risks-2020-3?r=US&amp;IR=T"><em>Read more: 5 corporate-debt experts break down how the coronavirus crisis is ravaging cash-strapped firms â€" and share what they're buying to avoid risky 'zombie' companies</em></a></p><p>Armed with Berkshire's <a href="https://markets.businessinsider.com/news/stocks/four-analysts-on-berkshire-hathaways-128-billion-cash-pile-2019-11-1028659828">$128 billion cash pile</a>, Buffett has been hunting for an "<a href="https://markets.businessinsider.com/news/stocks/warren-buffett-letter-2019-berkshire-hunting-for-elephant-sized-acquisition-2019-2-1027976978">elephant-sized acquisition</a>" for a few years now. Following the <a href="https://markets.businessinsider.com/news/stocks/stock-market-news-today-dow-posts-worst-first-quarter-ever-2020-3-1029050985">worst quarter</a> for US equities since the financial crisis, he might finally <a href="https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-buy-tesla-starbucks-mcdonalds-coronavirus-selloff-2020-3-1029041432">find one at a valuation he can stomach</a>.</p><p>Buffett could also deploy the cash as a loan. For example, he struck a <a href="https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-sells-newspapers-140-million-lee-enterprises-2020-1-1028855743">$576 million financing deal</a> with Lee Enterprises as part of the sale of Berkshire's newspapers to the publisher in January.</p><p><a href="https://www.businessinsider.com/stock-market-coronavirus-crash-not-over-how-to-invest-bofa-2020-3?r=US&amp;IR=T"><em>Read more: Bank of America examined the stock market during every recession since 1929 and concluded the recent meltdown is not over. Here's its trading strategy for a deeper crash.</em></a></p><p>The Berkshire Hathaway chairman and CEO has his pick of distressed companies. He could help the airlines, raising his stakes in American, United, Delta, or Southwest on the cheap. Carnival, Norwegian, and Royal Caribbean might also welcome Buffett's cash, as the cruise lines' offshore registrations may mean they're ineligible for a US government bailout.</p><p>Hotel chains such as Marriott and Hilton, casino groups such as Caesars Entertainment, cinema chains including Cinemark and AMC Theatres, and theme-park operators such as Six Flags and SeaWorld could also fit the bill.</p><p class="tagline"><a href="https://www.businessinsider.com/intelligence/10-up-and-coming-fintechs-2019?IR=T&amp;itm_source=businessinsider&amp;itm_medium=ctgr_bii&amp;itm_term=ctgr_leadgen&amp;itm_content=finance&amp;itm_campaign=10-up-and-coming-fintechs-2019-2"></a></p>

Warren Buffett could bail out airlines, hotels, and casinos as coronavirus ravages their revenues

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