BUSINESS
INOX Leisure CEO says Q1 FY22 is a write-off as second COVID-19 wave puts a pause on recovery
With theatres once again facing challenging times, exhibitors like last year will have to think of measures to mitigate cost. One such measure is negotiations with landlords regarding rent waiver.
TRENDS
Unfazed by COVID-19, celebrity chef Sanjeev Kapoor is trying to cook right recipes for his businesses
“If I were only doing the restaurant business, probably I would be devastated. For one year, no one has been coming back,” says the celebrity chef. What keeps him going in times of COVID-19 are other ventures like Wonderchef, online courses, and endorsements. He has also signed up with two pharma companies on functional foods.
TRENDS
Here's what a gamer thinks about the comeback of PUBG Mobile in a new avatar
PUBG Mobile developers Krafton on May 6 announced the launch of India variant of banned online game PUBG. The game which was banned in India last year will be coming back soon.
TRENDS
Salman Khan’s Radhe launch set to make ‘pay per view’ way to go as COVID wave hurts theatres
Pricing is a crucial factor for the PPV model as industry players say it is very difficult for a critical mass to pay for a single piece of content. Pricing is going to be crucial, and anything more than Rs 100-150 can come across as prohibitive, says one analyst.
CORONAVIRUS
Star Wars? Regional OTTs giving stiff competition to big boys Netflix, Amazon
Return on investments (ROIs) for regional OTTs look attractive, thanks to revenue from international markets and low content cost.
TRENDS
IPL 14 suspension: Not-so-strategic timeout for fantasy sports platforms like Dream11, MPL
Though they will now have to look at other sports leagues and events, the IPL traction is incomparable, say experts. The fantasy sports industry could see an 80 percent dip in revenues since most action happens in IPL. This market saw gross revenues growing from Rs 920 crore in FY19 to Rs 2,400 crore in FY20.
BUSINESS
IPL 14 suspension: The biggest property for advertisers is now a missed opportunity
For those who advertise only in this premier sporting extravaganza, there can be no compromise. There will be very few clients who would agree to adjust in other properties because IPL is expensive. There is nothing in India that matches their rate
CORONAVIRUS
Star India may have to suffer a huge hit on IPL 2021 suspension; experts estimate around Rs 2,000 crore loss
With the BCCI suspending IPL 14 midway, Star India will not get any revenue from the ads booked for the remaining matches. The ad rates for playoffs are higher than initial matches, and Star India charges a 10-15 percent premium for the last few matches in IPL.
BUSINESS
Fitness guru Luke Coutinho donates to Paytm’s COVID relief drive fund to meet oxygen crisis
The celebrity nutritionist and holistic lifestyle coach, who specialises in Integrative Medicine, is offering free health and wellness programmes to families hit hard by the pandemic
BUSINESS
Uncertainty looms large over IPL 2021 finals amid COVID-19 second wave
Social media is filled with posts criticizing the league. While some are questioning the continuity of the league, others are slamming the advertisements airing during the league.
BUSINESS
COVID-19 second wave: BCCI official says it is unlikely more foreign players will opt out of the tournament
With foreign players likely to face challenges getting home as air services to and from India have been curtailed by many countries, it is safer for them to remain within the IPL’s bio bubble, said the official
ENTERTAINMENT
Indian film industry may see 70% drop in revenue in 2021 as lockdown extends in many states
With theatres likely to remain shut until May 15 in most parts of the country, the picture is grim for the entire film industry which bets big on theatrical revenue that forms major part of a film's earnings.
BUSINESS
An additional year of preparations will be of help at Tokyo Olympics, say Captain Manpreet and President, Hockey India, Nigombam
It has not been easy for the men and women team, training for the world's biggest sporting extravaganza under the shadow of the pandemic, but it has certainly led to more all round motivation
BUSINESS
COVID-19 second wave: It's doomsday-like scenario for the live events sector, say industry players
As insiders stare at another year of write off, following a Rs 5,600 crore loss in 2020 for the out-of-home entertainment business, it's back to virtual events. The only trouble is it is not as lucrative
BUSINESS
In Pics | From Dhoni to Ranveer Singh, the most recalled celebrities in IPL 2021
When it comes to brands that have led to strong recall value for MS Dhoni, most of his brand goodness got hijacked by Dream 11. As for Ranveer Singh, his association is more democratically spread, reveals a study done by Indian Institute of Human Brands.
BUSINESS
IPL 2021: MS Dhoni and Ranveer Singh beat Virat Kohli in ad recall value, says study
When it comes to brands that have led to strong recall value for MS Dhoni, most of his brand goodness got hijacked by Dream 11. As for Ranveer Singh, his association is more democratically spread, said a study done by Indian Institute of Human Brands.
BUSINESS
Covid-19 second wave: Industry players paint a grim picture for the gym sector
It’s yesterday once more for gym owners. Just at things were looking up and people were flocking to gyms to stay fit, they have been forced to close their doors again, as the explosion in coronavirus cases has led to lockdowns in many cities
BUSINESS
IIMIITMatrimony.com: Now, a matrimony platform just for IIM, IIT graduates
During the last six months, Matrimony.com saw a 50 percent increase in registrations from alumni of premier institutes.
BUSINESS
TV ad volumes continued to grow in March after record rise in first two months of 2021
The top 10 advertisers, as well as the next 40 registered healthy growth, at 37 percent and 31 percent respectively, according to BARC data.
BUSINESS
IPL debuts on general entertainment channel. But is this a step in the right direction?
While experts say that it is a win-win situation for both the channel as well as the league, it looks like the decision was taken due to the impact of the lockdown announced in Maharashtra where shooting of TV serials, films and web series has halted due to rising cases of coronavirus.
BUSINESS
COVID Second Wave: A sour Deja vu for the wedding industry as 90 percent of its businesses vanish
Stringent pandemic curbs like limited number of guests, night curfews, a vanishing labour force and drastic loss of revenue have combined to sent the once-happy marriage industry into a tailspin, for the second successive year
BUSINESS
India gets its first simultaneous release; Salman Khan's Radhe to hit theatres, OTT on same day
The film is slated to release on the Eid holiday on May 13.
BUSINESS
After own professional league, Kabaddi now has its own content platform offering new tournaments
Launched in 2019, KabaddiAdda is a platform that offers all types of sports content on Kabaddi.
BUSINESS
All about 'Drishtant', India's first feature film having a visually challenged cast
Drishtant, an upcoming Marathi venture, is the idea of director Abhijit K Zanjal who wanted to promote the message of organ donation and for this he not only got on board visually challenged cast but some of the crew members are also visually impaired.
