TRENDS
The last of HBO on Disney+Hotstar to cost the OTT over 15 million subscribers
Paid users may drop 25-30 percent to 42-45 million in the next three quarters but gripping originals and a stronger catalogue of movies may help the OTT retain the edge, say analysts
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Tamil titles dominate Zee5 as regional viewers make up 50% subscribers
Zee5 has reported a significant increase in its viewer base in the Tamil region over the last 12 months. The platform witnessed a 54 percent surge in its Tamil viewer base during this period.
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Puma India views India as a key market, given its outstanding 46% revenue growth in FY22
The sports brand expects growth momentum to continue in 2023 as well.
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Raina to Uthappa: Ex-stars make a comeback as Legends League Cricket ups player pool
Retired cricketers with 5-6 years of the game left in them get an opportunity to play their second innings.
TRENDS
PVR-INOX merged unit aims at Rs 200-225-cr combined benefit in next 2 years
As a combined entity, PVR Inox plans 44 percent of screen additions for the South market, which will also help the company increase its box office share in South from 12-15 percent
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IPL 2023 to see higher ad revenue riding on digital; audience reach to be on par with TV
Viacom18, which bagged the digital rights of the IPL, has decided to stream the league on JioCinema.
TRENDS
Now, you can opt for wedding EMIs with marry now, pay later options
Pay later category enters wedding space which is estimated to be a $4 trillion market in India. The Marry Now Pay Later offering currently is available in Radisson Hotels.
BUSINESS
Top international school now in India as Harrow launches in Bengaluru. Full details
Harrow International School in Bengaluru is currently under construction and will open by June-July this year.
TRENDS
CSK star Deepak Chahar starts his entrepreneurial journey with fantasy sports brand
Fantasy sports is growing at a compound annual growth rate of 32 percent and by 2025 revenue can touch Rs 1,65,000 crore.
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Rang barse on beaches, at spiritual destinations: Travel demand sees uptick this Holi
While hotels are seeing a surge in bookings and tariffs, the festive rush has sent airfares skyrocketing and overbooking of trains, leading to more people travelling by bus to celebrate the festival of colours
TRENDS
PVR-Inox and other multiplexes to add 1,000 more screens in next 2 years
In the north, the maximum number of new screens are expected to come up in Lucknow, NCR, and Mohali, and in Hyderabad and Bengaluru down south.
TRENDS
Women’s Premier League: Franchises attract a number of sponsors, but are they getting due value?
Industry experts say the disparity in sponsorship revenues of IPL and WPL are due to the difference in their popularity. Hopefully, as WPL becomes more popular, the gap will narrow.
TRENDS
Crisis-hit Sri Lanka counting on India for recovery in tourism, says top hotel chain
Sri Lanka is betting big on India as a source market as it sees large demand coming from corporate and leisure segments. One of the top hotel chains of Sri Lanka is seeing strong wedding related demand from India.
TRENDS
WPL franchise will starting inching towards break-even in the next cycle, says Delhi Capitals CEO
The franchise has closed all sponsorship deals for the women’s cricket team and is now choosing its official partners. There is much buzz in the market and many brands have come in, including one or two women-specific ones, Dhiraj Malhotra says.
TRENDS
PVR and INOX plan to invest Rs 500 crore to launch more screens during FY24
The merged entity of PVR and INOX, which currently boasts a combined total of 1,650 screens, is planning to expand further by adding more properties in markets where there are currently no organized multiplexes, particularly in southern India.
TRENDS
Zee, Sony and Disney Star channels go off air over spur with cable operators
Top TV broadcasters have switched off their signals to cable operators and over 40 million households will not be able to view channels belonging to these broadcasters.
TRENDS
PVR, INOX ask Punjabi films to wait longer for OTT release; Zee Studios raises concerns
Experts say exhibitors are taking this step to bring uniformity in the industry. They say, returning to the pre-COVID window of 8 weeks will help encourage the habit of movie watching in theatres.
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Producer Anand Pandit enters south market with Rs 100-crore project, bets on regional
Pandit has based the move on his belief that regional films are more rooted, and have more original content.
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Actor turned entrepreneur Alia Bhatt on juggling with work and parenting as a new mother
An extra over achiever, as her sister jokingly calls her, Alia Bhatt said that she loves challenges but added that it is never easy to juggle both personal and professional life.
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New mom Alia Bhatt times it right, launches infants wear under Ed-A-Mamma
Actor Alia Bhatt tells Moneycontrol how becoming a new parent inspired her to launch her new category under her kids wear brand Ed-A-Mamma
TRENDS
Indian film industry has lost over 2 crore cinema-goers post pandemic
Most of the film segments, including Bollywood, have recorded a drop in theatre-going audiences. Kannada, however, has seen double-digit growth in movie-goers from the pre-Covid level, a report by media consulting firm Ormax has said
TRENDS
Ad spend to grow 15% in 2023, India fastest growing market worldwide: Group M report
Digital drives advertising expenditure growth as India becomes the top-performing market globally.
TRENDS
Hotels see surge in demand for Valentine's Day, expect day of love to drive business
When Covid was raging, couples had generally not been willing to travel, preferring to stay home to celebrate Valentine's Day. This year, they are seeking experiential holidays and staycations, to explore nature and wildlife.
TRENDS
Odisha invests Rs 2,500 crore in sports facilities, ties up with Reliance, Tatas
The state plans to host more international championships in the latter half of 2023
