Entertainment & Sports Direct (ESD), promoted by DAR Capital Group, an investment advisory and private equity company, has won the theatre rights to the Indian Premier League cricket tournament for the next 10 years (2010-2019). It is to pay Rs 330 crore (Rs 3.3 billion) for this.
Forthcoming big budget films like Ra.One, Dhoom 3 and Don 2 are expected to be released in 3D formats in 2011, along with a bevy of 3D English studio releases dubbed in local languages.
UFO plans to provide a wide distribution channel to the Kerala film industry in a cost-effective manner.
This was the biggest IPO in the Indian market since Infratel's.
'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.
With the introduction of the single window clearance provision, pre-production windows are expected to reduce significantly. Not only will it have an impact on the operational cost of the film, it will also allow studios to release films faster.
'We need more universal films like Dangal, Sultan or Padmavat that work across single screens and multiplexes.'
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
If companies manage to raise Rs 10,000 crore, this will be the best year for IPOs since FY11.
And the reason has everything to do with box office collections, says Vanita Kohli-Khandekar.
Life inside the prime minister's official residence is highly regulated, but it comes with its perks, says Veenu Sandhu
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
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