EAP Films

EAP Films & Theatres
Company typeSubsidiary
IndustryEntertainment
Founded1972; 52 years ago (1972)
FounderEAP Edirisinghe
Soma Edirisinghe
RevenueIncrease Rs 34.2 billion (2019)
OwnerBen Holdings (since 2019)
ParentEAP Holdings (1972-2019)
Ben Holdings (Lycamobile) (2019-present)
SubsidiariesSavoy Cinema

EAP Films was originally founded as Edirisinghe Cinema Theatres in 1972. It has the largest share of the Sri Lanka theatre market with more than 15+ screens island-wide. It started producing films in 1994 and its first release was Dhawala Pushpaya (1994). The company has been listed on the Colombo Stock Exchange since the 2000s.[1]

History

The company was founded by a husband-and-wife team in 1972 as Edirisinghe Cinema Theatres under its parent company, EAP Group. EAP acquired Savoy Cinema theatres in 1974. At first only Sinhala films were distributed, but during the mid-1980s a license for distribution of Hollywood movies was added.

Its theatres converted to digital in 2014. A cinema was built in Wellawatte.[2] EAP Film had their highest recorded bookings of 10,000 tickets for the 3D Tamil film 2.0.[3] Sunil Ariyaratne's Vijayaba Kollaya, Gajaman was also screened in 3D.[4]

In 2015 Village Roadshow of Australia and EAP Group signed a partnership.[5] In 2019, Ben Holdings acquired EAP Films for 12 billion Rs.[6]

In 2019, EAP Broadcasting Company parent company EAP Holdings was acquired by Lyca Group. EAP Broadcasting Company is a subsidiary of Ben Holdings along with Lyca Productions.[7]

Circuit

Apart from theatre, EAP Films & Theatres have their own circuit which is used to distribute film to theatres.

EAP Theatres
Film theatre Location Opened
Regal Cinema Kompanna Veediya 1941
Savoy Cinema 1 3D Wellawatte 1949
Samantha Cinema Dematagoda 1949
Tower Cinema Moratuwa 1952
Nikado Cinema Kadawatha 1959
Jothi Cinema Ratanapura 1964
Quinlon Cinema Nugegoda 1976
Savoy Cinema (Roxy cinema) Wellawatte 1982
Wilmax Cinema Anuradhapura 1986
Queens Cinema Galle 1991
Cinemax Cinema Ja-Ela 1993
Regal Cinema Ambalangoda 1998
Sinexpo Cinema Kurunegala 2002

References

  1. ^ "Leading entrepreneur and philanthropist Soma Edirisinghe laid to rest". Sri Lanka News - Newsfirst. 2015-11-05. Retrieved 2021-01-16.
  2. ^ "EAP theatres to go digital with a 400 million Rs. investment | Daily FT". www.ft.lk. Retrieved 2021-01-16.
  3. ^ "2.0 is on a record-breaking start with EAP Films & Theatres in Sri Lanka". bizenglish.adaderana.lk. 2018-12-03. Retrieved 2021-01-16.
  4. ^ "Sunil Ariyaratne brings W.A. Silva's 'Vijayaba Kollaya' to screen | Daily FT". www.ft.lk. Retrieved 2021-01-16.
  5. ^ "EAP Films books Australian giant for JV to promote modern cinema multiplexes | Daily FT". www.ft.lk. Retrieved 2021-01-16.
  6. ^ "Ben Holdings's Savoy Cinemas secure Distribution rights of Dr. Somaratna Disanayaka's upcoming movie 'Tsunami'". bizenglish.adaderana.lk. 2019-01-30. Retrieved 2021-01-16.
  7. ^ "Aliraja to buy state-owned shares in Telecom & Lanka Hospitals!". 2023-03-23. Retrieved 2024-07-08.