'While Rocky Aur Rani is a good film, there is nothing compelling in the content for which viewers would be ready to pay a premium.'
'In terms of ticket sales, Hindi is at 50-60 per cent while the South markets are at 80-90 per cent of pre-pandemic levels.' The patchy performance of Hindi, the largest segment of the business is the nub of what is bothering Indian cinema.
Tech titan Google on Wednesday launched the Google Wallet app for Android users in India, allowing them to securely store essentials like boarding passes, loyalty cards, event tickets, and public transport passes. The digital wallet, which becomes operational in India from Wednesday, comes as a complementary service to existing payment app Google Pay, a top official said.
When the Pakistan innings ended, there were 1.1 crore viewers live on the app and this increased to 1.4 crore viewers during the innings break.
'Elections and audience interest in specific movies are often independent factors.'
Much of the discussion is happening at a "family level, not a corporate level". That means it is an Ambani or a Goenka in direct talks with Johar.
Multiplex chains are rushing to smaller towns
With the spate of businesses turning their attention to Ayodhya, land rates have shot up, in some pockets by as much as 10 times. Whether one walks into a hotel lobby or sits down for a meal, land deals are being discussed at every other table -- one on one or among groups.
Movie theatres may reopen around the second week of July.
Revenue from convenience fees has grown at a compound annual rate of 85 per cent for multiplex chain operator Inox Leisure and 58 per cent for PVR.
The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.
'While OTTs are a reality, big film producers will prefer a theatrical release before a digital one.'
'We will see footfall returning to pre-COVID levels by January.'
Tesla Inc chief Elon Musk is set to acquire micro-blogging site Twitter for about $44 billion. Back home, India Inc, too, is seeing aggressive merger and acquisition (M&A) activity with PVR-Inox and HDFC-HDFC Bank announcing their mergers recently. While Axis Bank recently acquired Citi India's India retail business, reports suggest Larsen & Toubro Infotech (LTI) and Mindtree could be eyeing a merger.
Organised players have been the biggest beneficiaries after the lockdowns were lifted. Given real estate is not as expensive now, players want to take advantage of the trend.
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
'Bottomline, hairline and waistline -- you have to watch them always.'
'There will be two to three months of containment, and when there is normalcy, the risk is a relapse and a return to lockdowns.'
'The weekend advance booking are extremely encouraging for these movies, and the extended break due to Mahashivratri, will provide a significant impetus.'
'This is a blip in the 100-year history of cinema.'
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
'In our business, every time a seat goes empty, it is a perishable good.' 'We have lost the opportunity of earning revenue out of it.' 'It's impossible to recover what we have lost.'
It was a quiet reopening with few people venturing warily to watch a mix of regional, English and Hindi reruns such as "Chhichhore", "Thappad", "Tanhaji" and "The Spy".
Multiplex operators like PVR Ltd, Inox Leisure, Reliance Mediaworks and Mexican chain Cinepolis are scrambling to set up theatres
Ushering in a new era of movie watching, the Union government allowed multiplexes, cinema halls and theatres to reopen from Thursday within the framework of a set of standard operating procedures.
'The number of films released in cinemas in 2022 was closer to 1,200. It could cross 1,500 in 2023, since nearly all big stars in Hindi and regional languages have films lined up this year.'
Scrabble's unique business model gives a new direction to India's digital cinema market.
The fight is between Vidhu Vinod Chopra, the producer of 3 Idiots, and multiplexes.
are in the process of building one at the Jio Center in Bandra Kurla Complex where the Maker Maxity building used to be. "This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to open sometime in January or February next year.
Diwali blockbusters Saawariya and Om Shanti Om may not be screened at a multiplex near you. Leading multiplex chains PVR Cinemas, Inox Lesiure, Cinemax India and Fame, which account for 80 per cent of the country's multiplex screens and half the box office collections, have rejected a demand for a higher revenue share by the films' distributors and have threatened a blackout.
Audience turnout is crucial to most exhibitors, since their discussions with film producers hinge on how many people will return to movie halls in the weeks ahead.
Buoyed by Sooryavanshi's success, the Hindi film industry is banking on 25-30 big movies lined up with a collective cost tag of Rs 2,000 crore.
MakeMyTrip, RBL Bank, Inox wind and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies.
Syed Firdaus Ashraf is startled by the prices for Ae Dil Hai Mushkil and Shivaay tickets.
Theatres are finding innovative new ways to increase footfalls, discovers Vanita Kohli-Khandekar.
In a competitive market, pricing is the management's business. The consumer has so many choices -- single screens, multiplexes, TV, online streaming or DVDs. Nothing forces him to go to a multiplex. Nor are films an essential commodity where prices have to be regulated, says Vanita Kohli Khandekar.
'The blockbusters are unlikely to be launched in 2020.' 'They will move into the 2021 cycle when confidence level among people will be higher.'
PepsiCo has tie-ups with KFC, Pizza Hut, Domino's, Burger King, and Subway in India, while Coca-Cola has a partnership with McDonald's only
Though GST could mean complications in the short run, it will bring in undeclared revenues and streamline taxation across the value chain, the benefits should be worth the pain.
After a miserable two years of flopping films and stagnant revenues, what has changed for the film industry?
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