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PVR banking on Avatar 2 and Pathaan, expects strong recovery in revenues

BUSINESS

PVR banking on Avatar 2 and Pathaan, expects strong recovery in revenues

With Rs 3,030 crore in Hindi box office collections thus far, revenues are expected to recover to 80-85 percent of pre-Covid levels in FY23, and fully recover by FY24.

Actor-turned-investor Suniel Shetty's secrets of startup investments

BUSINESS

Actor-turned-investor Suniel Shetty's secrets of startup investments

Shetty says he looks for founders who are traditional when it comes to management and progressive when it comes to products. He also warns that startups focusing more on valuations than products may not survive.

What is more profitable for a movie producer: an opening in theatres or an OTT release?

BUSINESS

What is more profitable for a movie producer: an opening in theatres or an OTT release?

In the last two years, film content was scarce and OTTs were looking for ready content to drive subscriptions at a time when viewership was at an all-time high on streaming platforms

MC Explains | What personality rights Amitabh Bachchan is trying to protect?

BUSINESS

MC Explains | What personality rights Amitabh Bachchan is trying to protect?

Moneycontrol finds out what personality right entails and what action Amitabh Bachchan can be taken against those who use his name without consent.

PVR to open more superplexes, add more screens in the South

BUSINESS

PVR to open more superplexes, add more screens in the South

FY24 will be huge once the merger with INOX goes through, says joint MD Sanjeev Bijli

Actor-producer Jackky Bhagnani plans to expand his music label

BUSINESS

Actor-producer Jackky Bhagnani plans to expand his music label

Jackky Bhagnani plans to expand into every genre of music. His production house also has a couple of films slated for release, while more are in the pipeline.

MC Explains| Will watching TV become more expensive because of New Tariff Order?

BUSINESS

MC Explains| Will watching TV become more expensive because of New Tariff Order?

Broadcasters have welcomed the move after disagreeing with an earlier version and delaying its implementation by three years.

Uncertainty over corporate travel returns as global slowdown looms

BUSINESS

Uncertainty over corporate travel returns as global slowdown looms

Soaring inflation, geopolitical issues and the risk of a global recession are resulting in companies cutting back on corporate travel in India

PVR and INOX aim to end horror show with family friendly stuff

BUSINESS

PVR and INOX aim to end horror show with family friendly stuff

While family audiences aren’t exactly setting the box office on fire, their return after a long absence augurs well for the industry.

Most Indians tag fantasy sports as online gambling, 91% seek ban on SMS publicity: Survey

BUSINESS

Most Indians tag fantasy sports as online gambling, 91% seek ban on SMS publicity: Survey

A survey by LocalCircles noted that platform operators term rummy poker, fantasy sports as game of skill but most Indian citizens believe they are a game of chance with financial risks involved.

SEBI is making rules for finfluencers, but will it click with content creators?

TRENDS

SEBI is making rules for finfluencers, but will it click with content creators?

While experts have welcomed the move, they say the market regulator should not go overboard with it.

EaseMyTrip focuses on acquisitions in FY23; looks to grow international business

BUSINESS

EaseMyTrip focuses on acquisitions in FY23; looks to grow international business

The company is looking to acquire 2-3 companies by end of FY23, Prashant Pitti, Co-Founder & Executive Director told Moneycontrol.

Zee Entertainment cautiously optimistic on ad revenue for H2, yet to see sustained recovery

BUSINESS

Zee Entertainment cautiously optimistic on ad revenue for H2, yet to see sustained recovery

Improvement in ad revenue is gradual, Rohit Gupta, chief financial officer (CFO), Zee Entertainment, told Moneycontrol.

Wonderla to focus on two new parks for growth, Imagicaa looks at capacity expansion

BUSINESS

Wonderla to focus on two new parks for growth, Imagicaa looks at capacity expansion

On back of revenue growth, the two companies are looking at business expansion. While Wonderla is focusing on building two new parks, Imagicaa is looking at increasing capacity of its water park.

T20 World Cup 2022: India's semi-final entry sparks buzz among travellers, said Tourism Australia

BUSINESS

T20 World Cup 2022: India's semi-final entry sparks buzz among travellers, said Tourism Australia

Tourism Australia says sports tourism segment is key to attracting Indian travellers to the country.

Advertising body to get 'dark patterns' under code on misleading ads

BUSINESS

Advertising body to get 'dark patterns' under code on misleading ads

The ad regulator is calling out advertising that falls under the category of dark pattern which has become an increasing area of consumer vulnerability, said ASCI.

T20 World Cup: India in semis has advertisers cheering, ad revenue to exceed expectations

TRENDS

T20 World Cup: India in semis has advertisers cheering, ad revenue to exceed expectations

The anticipation for higher audience traction for the tournament among advertisers has increased and viewership could go higher if India and Pakistan play the final

Suryakumar Yadav on track to endorse 20 brands this year, fees rise 3X

TRENDS

Suryakumar Yadav on track to endorse 20 brands this year, fees rise 3X

The cricketer will be adding 7-8 more brands to his endorsement portfolio across categories such as beverages, mobile accessories, media, sports apparel, among others, said his talent management company.

Reduction in govt spending a concern for cinema advertising, says UFO Moviez

BUSINESS

Reduction in govt spending a concern for cinema advertising, says UFO Moviez

On the corporate side, the weak performance of films at the box office is pushing advertisers away from cinema advertising.

Picture abhi baki hai: Brand Shah Rukh Khan to emerge strong after value drop

TRENDS

Picture abhi baki hai: Brand Shah Rukh Khan to emerge strong after value drop

With three of his movies set for release next year and endorsement deals coming his way, Khan looks set to enhance his brand value.

Elon Musk to turn Twitter into a new playground for brands but concerns remain, say marketers

TRENDS

Elon Musk to turn Twitter into a new playground for brands but concerns remain, say marketers

While advertisers in India are expecting new opportunities on Twitter, the uncertainty around changes on the platform is a concern for some marketers.

Akshay Kumar’s Ram Setu was a no-show in some cinemas; here’s what happened

BUSINESS

Akshay Kumar’s Ram Setu was a no-show in some cinemas; here’s what happened

The film’s release coincided with that of another big Bollywood venture, Thank God starring Ajay Devgn. This led to a quandary over which movie to screen when, leading to the distributor striking off names of cinemas to screen the film.

No fireworks this Diwali at the box office despite strong release pipeline

TRENDS

No fireworks this Diwali at the box office despite strong release pipeline

Film trade analysts estimate that box office numbers for Hindi films will be 25-30 percent lower this Diwali due to no franchise film releases

Big, fat Indian weddings back in vogue, of course with a Covid twist

TRENDS

Big, fat Indian weddings back in vogue, of course with a Covid twist

While the Covid impact on the Indian wedding industry has subsided, some of its effects remain. From shorter guest lists to opting for more convenient wedding dates, the priorities of those getting married have changed