ENTERTAINMENT
Netflix film premieres in US theatres, will India mirror such a move?
A digital product releasing in theatres and streaming on OTT a week later will see a lot of resistance from national multiplex chains.
BUSINESS
New show launches on hold for Zee, other broadcasters as COVID-19 disrupts shoots
Broadcasters managed to continue with original content for ongoing shows for some time as they had contingency plans ready when Maharashtra imposed a lockdown, but with restrictions ordered in other states also, producing new shows is a formidable challenge.
ENTERTAINMENT
Zee confident of Radhe's release on ZEE5 and ZeePlex, will offer pay per view in overseas markets
For Zee5, Radhe's success is key because in the fourth quarter of FY21 revenue growth in Zee5 declined nine percent quarter-on-quarter (QoQ) despite a steady growth in monthly active users (MAUs) and daily active users (DAUs) which currently is 72.6 million and 6.1 million respectively.
BUSINESS
PVR continues to be cautious, CEO says costs to be kept on a tight leash in FY22
To tide over the second period of lockdown, PVR cannot let costs go up this year, says CEO Gautam Dutta.
TRENDS
Zee's bet on Radhe for both OTT and pay-per-view release may not have paid off
Zee says Radhe has broken all records of views on the first day of its release, but analysts have doubts about how much money it has made. On the positive side, they say the film is an important addition to Zee’s portfolio, which is crucial for its valuation.
BUSINESS
ZEE files FIR against Radhe's pirated version leaking on various platforms
Pirated version being available on various platforms could be a big blow to Zee that released the film on May 13 during Eid holiday on pay per view platform ZEE Plex; Shows like Netflix's Sacred Games and Damaged have also been pinched in the past
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.
