Carnival Cinemas' first theatre in Angamaly was built on the top floor of a bus terminal complex.
[1] Further the company expanded to Kerala and Tamil Nadu, and eventually to the rest of India.
[3] As a result of the merger,Carnival had operations in 20 states: Kerala, Chhattisgarh, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra,[4] Madhya Pradesh, Rajasthan, Punjab, Gujarat, Haryana, Delhi NCR, Jharkhand, Uttar Pradesh, Uttarakhand, West Bengal,[5] Assam, Bihar, Himachal Pradesh and Goa with 470 screens in 120 locations.
[6] Due to the COVID-19 pandemic,Carnival Cinemas was unable to continue operations in a sustainable manner and ended in debt.
[7] This has forced closure of operations in many cities and several petitions against the cinema chain for insolvency.