Frequently asked questions
What is UFO Moviez?
UFO Moviez India Ltd was the first to enable cinema digitization with satellite technology in India. Its technology facilitates the content of the largest number of screens in India. This also makes UFO the largest in-cinema advertising platform, with the power to impact almost 210 Crore viewers annually through 3600+ screens across 1200+ cities, leading directly into the heart of India.
What is Nova Cinemaz?
What is an EUC?
What will the multi-utility services area involve?
The multi utility services section of the EUC can operate as one or two brands, which will be provided by the strategic partner. Aligning with the Digital India and Smart Cities initiatives this space has potential to act as an assisted e-commerce shop, a telemedicine hub, an e-governance centre, a virtual education provider or even a cyber café. Further, depending on the particular area’s need gap, the service can also be a restaurant, or a multipurpose hall.
Who is a VLE?
A Village Level Entrepreneur (VLE) is a local businessman who will be in charge of one EUC.
How can I become a VLE?
Need to own a plot of approximately 80 x 80 sq ft land in a pincode with a good demand for a cinema theatre
Register with UFO and deposit a token amount
Depending on different operating models,sign a land lease agreement or/and management contract or/and property rental agreement
Invest Rs 7.5L and arrange for a loan of Rs 20L towards creation of the EUC’s building depending on the operating model
Act as the EUC’s manager, including hiring of manpower for maintenance
Operate the F&B business for Nova Cinemaz and the EUC as a whole
Adhere to Nova-defined SOPs and guidelines for theatre
Who is a Master VLE?
A Master VLE is a regional partner who brings business expertise relevant to the local region. A Master VLE acts as aggregator of the VLEs in a region.
How can I become a Master VLE?
Take responsibility of a region with ~50 EUCs
Assist all VLEs in that region with operating their respective EUC
Who is a strategic partner?
A Strategic Partner provides the technologies and branding required for a profitable operation of the multi-utility services section of the EUC.
What would be my responsibilities as a Strategic Partner?
May provide branding to the EUC
Provide services and/or products as per the local demand
Operate the non-theatre part of the EUC on a rental arrangement with the VLE/MVLE
Do I need to know how to run a theatre?
The VLE need not have prior experience in operating a theatre. They are expected to follow the standard operating guidelines. Nova Cinemaz will ensure content distribution, VSAT delivery and a computerized ticketing system. Standard Operating procedure and training will also be provided in order to run the theatre successfully.
How can I get involved with this project?
How much money would I need to invest?
An investing VLE needs to provide Rs 7.5L as an investment towards construction of the EUC’s building, thereby becoming owner of the property. Rs. 20L may be sourced as debt. Nova Cinemaz will provide a guaranteed rental income to the owner.
During registration, why are we asking for personal details such as family, marital status and education?
The concept of Village Level Entrepreneur has been introduced by Nova Cinemaz to encourage local aspirants to become entrepreneurs themselves and also uplift their community. Family's involvement in the business, has been a successful Indian tradition which builds trust. Running the daily operations of NOVA EUC is going to be a high-involvement process, and engaging your family members to help reduce costs, and provide a source of income and ownership to maximum members of the family and close community has many benefits.
The VLE's educational profile enables Nova to assign the appropriate strategic partner, and other responsibilities to the VLE.
During registration,why are we asking for pincode related information such as road connectivity, internet connectivity, popular sources of entertainment in area?
NOVA EUC is a long-term commitment and partnership with the VLE. It also involves a significant investment by both the concerned parties. For this we need to understand the detailed profile of the pin code as well as the need gaps in the area. The local onground information enables us, to not only take an informed decision to partner, but also plug the local needs possibly with the help of a strategic partner for the center to run successfully. The local know-how also gives us a sense of VLEs understanding of the area and increases our confidence in assigning the responsibility of managing that centre.