TRENDS
KGF, Kantara producers to invest Rs 3,000 crore over 5 years
Telugu, Tamil, and Kannada-language films are giving tough competition to the Hindi film industry. Indeed, 37 percent of Hindi box office revenues this year have been from Hindi versions of southern films.
TRENDS
IPL brand value surges 77%; Mumbai Indians tops table
Since its launch in 2009, brand IPL has recorded 318 percent growth in brand value, from around $2 billion to over $8 billion this year.
TRAVEL-TRENDS
Safe trips: More travellers are taking insurance cover for holidays after Covid
Apart from health insurance, travellers are taking policies for flight cancellations and delays and hotel quarantine.
BUSINESS
Why RRR is the first Indian film to bag two Golden Globe nominations
Beyond VFX, emotional connect and Indian roots in the story worked for RRR, while streaming on OTT gave it international visibility, industry insiders say. What Crouching Tiger, Hidden Dragon did for Chinese films, RRR can do for the Indian film industry, they feel.
BUSINESS
Can Avatar 2, one of the costliest-ever movie, be a box office winner?
Consumption of movies in theatres is now near pre-Covid levels. The industry is gearing up for a strong 2023 (FY24), industry insiders say
BUSINESS
Christmas and the wedding season make the holidays expensive
With airfares and room rates soaring on the back of surging demand, your happy holidays may leave you just a little poorer.
BUSINESS
OTT viewers increase in double digits in 2022, rural markets drive growth: Report
In 2022, a large share of the 20 percent growth in OTT audience base has come from rural India and small towns. The metro cities have reached saturation levels
TRENDS
From being actors to entrepreneurs, social media influencers are going beyond brand deals
India has around 80 million online creators, but only 150,000 of them are able to monetise their services effectively, said a Kalaari Capital report on influencers. Out of these 150,000 professional content creators, the majority earn anywhere around Rs 16,000-Rs 2 lakh per month.
BUSINESS
No more a Khiladi? Akshay Kumar movies fail to hit box office gold in 2022
Competition from streaming platforms and pre-Covid content have an impact on the box-office collections of Kumar’s movies this year.
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.
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.
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
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.
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
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
