Maharashtra Navnirman Sena chief Raj Thackeray on Tuesday warned multiplexes which are not showing Marathi films despite government directives. "Prepare a list of multiplexes that are not showing Marathi films from Wednesday," Raj told his partymen on Tuesday at the third anniversary of the MNS Cine Workers Association. Despite the government resolution which makes showing of Marathi films compulsory, the multiplexes are breaking norms and this cannot be tolerated, he said.
A police officer said the email was sent by two siblings enrolled in the school because they wanted the exams to be postponed.
'People have got into the habit of sitting at home (and watching films).' 'They don't want to watch movies in theatres because they do not want to waste as much as Rs 1,000 on tickets.' 'They feel there is no point in watching a film on the big screen because it will anyway come on OTT in a month's time.'
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.
From June onwards, millions of Bollywood buffs may now have to watch the new Hindi films at the 8,000-plus single-screen theatres across the country and not in multiplexes. This is because the talks between Bollywood producers and multiplex owners have broken down over sharp differences in the terms and conditions of the proposed revenue sharing agreements.
The multiplexes have risen against Yash Raj Films yet again. The banner's new release, Tashan, has still not found a multiplex to be released in today. The film will, however, release in single screen theatres.
Trade analyst Vinod Mirani gives us the box office verdict for the week.
Manoj Bajpayee's 100th film earned Rs 6 million in its first weekend.
'But it is only now being detected more via a test that costs about Rs 15,000 to Rs 20,000.' 'The HMPV virus typically causes mild respiratory symptoms in most people, but can be more severe in young children, the elderly, and those with compromised immunity.'
Bromance is a fun film that doesn't take itself too seriously, observes Arjun Menon.
Between the two films, more than Rs 225 crore (Rs 2.25 billion) comfortably came in the first three days itself.
The stock of mall developer and commercial real estate major, The Phoenix Mills (Phoenix), is up 26 per cent since its business update in the third week of January. The gains came on strong December quarter performance and the consumption boost in the Budget which is expected to help the company sustain its growth trends.
Film production and distribution company Shringar Cinemas has decided to set up its own independent chain of multiplexes under the FAME brand name.
The stand off between producers and multiplex owners over revenue sharing is finally over.
Dispelling fears that the swine flu threat may keep people away from theatres and multiplexes during the long weekend (August 14, 15 and 16), Kaminey, the latest Bollywood release produced by UTV, is estimated to have done business of around Rs 22 crore, with multiplexes accounting for nearly 55-60 per cent of the weekend business at the domestic box office.
Raj Thackeray had on August 10 directed all multiplex owners to screen Marathi films at prime time.
PVR has bought 69.27 per cent of the promoter's stake held by the Kanakias in Cinemax for Rs 395 crore.
'There is a clear business impact. People are avoiding crowded places and gatherings across cities. This is hitting business, both at traditional and modern trade outlets, during the Holi season, which kicked off from Saturday,' says Praveen Khandelwal, general secretary, Confederation of All India Traders (CAIT).
All eyes are now on the Diwali releases Bhool Bhulaiyaa 3 and Singham Again.
IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, chief human resources officer at Infosys, however, conceded that assessment failure percentages this time around have been "slightly higher" than in the past but dismissed charges that the tests had been designed for failure.
The film has been surpassing huge milestones at a rapid pace and hasn't taken much time to march up to the Rs 500 Crore Club as well.
Shravan Shroff, Managing Director, Fame India Limited is hopeful that the producers can come to an agreement regarding revenue sharing of profits.
As is always the case with big films, there is no decision on the count of screens allotted to the big releases, Singham Again and Bhool Bhulaiyaa 3.
2003's Kal Ho Naa Ho is still winning hearts!
Operating margins for multiplex owners, mainly in Maharashtra, would be hit once the tax benefits they currently enjoy would be taken back.
On September 13, three nostalgic movies are up for re-release: Shah Rukh Khan's ageless romance with Preity Zinta Veer Zaara, Riteish Deshmukh and Genelia Deshmukh's first film together, Tujhe Meri Kasam and Soham Shah's horror film, Tumbbad.
After a flurry of flops and disasters -- Tumbbad bringing in a whiff of fresh air despite being a re-release -- Devara has managed to bring audiences back to theatres.
State and UT governments have been given the flexibility to take a decision on re-opening of schools and coaching institutions after October 15 in a graded manner.
'They contest to ensure they win the election.'
FLEXI Show will give the audience the freedom to leave the movie hall at any point while paying only for the time they watched it.
Analysts estimate that Pushpa 2 (in all languages) will become the fastest film to cross the Rs 1,000 crore (Rs 10 billion) mark.
PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.
Anil Ambani-led Reliance Group sells multiplex business to Carnival Cinemas.
Vicky Vidya Ka Woh Wala Video managed to do better than Jigra as it is more massy in its treatment and presentation.
The Indian Premier League's overwhelming response in terms of ratings has seen a lot of cine-goers in Kolkata stay away from movie theatres and opt for the three-hour Kolkata Knight Riders cricket matches at home or in the stadium.
Six major chains are still struggling with the basics of the business: scaling up and improving revenue share.
