Category: Hindi

  • Excel and Fox release ‘The Day The Earth Stood Still’ on DVD, Blu-ray disc

    MUMBAI: Excel Home Video along with Twentieth Century Fox Entertainment has released the DVD and blu-ray disc of The Day The Earth Stood Still.

    While the DVD costs Rs 399, the blu-ray disc is available for Rs 1,199.


    Directed by Scott Derrickson, the action epic showcases Keanu Reeves as Klaatu a humanoid who arrives on earth as a harbinger of death with a mission to seek redemption for sins committed against the earth.


    Claimed to be the first DVD with Hindi dub option on blu-ray disc, the film comes with bonus features that include deleted scenes of The Day, Watching the Skies: In Search of extraterrestrial life and The Day The Earth Was Green.

  • Pyramid Saimira to list its subsidiaries in January 2010

    MUMBAI: Chennai-based Pyramid Saimira Theatre Ltd (PSTL) plans to list its production and distribution subsidiaries in January next year, after demerging them from the parent company.

    The company is in the process of appointing independent agencies to valuate its distribution subsidiary company, Pyramid Saimira Content Distribution Pvt Ltd (PSCDPL). For FY 2008-09, PSCDPL posted a turnover of Rs 2.5 billion and has so far distributed 100 movies.


    PSTL had got Deloitte value its production arm, Pyramid Saimira Production International Ltd (PSPIL), in 2008 at Rs 4.5 billion. Now PSPIL is in the process of diluting 40 per cent stake to a strategic investor for Rs 1 billion. The cash-strapped company will use the money from the investor for production of 17 movies, which it had put on hold following a liquidity crunch.


    “The respective subsidiaries have already achieved independent business credibility and now are hindred by the parent company. Each of these companies have created their own infrastructure, business model and management bandwidth independent of the parent company PSTL,” Pyramid Saimira said, explaining its demerger move.


    Further elaborating, Pyramid Saimira said: “The parent company underwent huge business loss and also had taken a higher amount of risk in the exhibition sector by locking in properties at higher price during 2007-08. Moreover, the group had certain credibility-related issues.”


    Pyramid Saimira, which plans to raise up to $100 million via GDRs/ADRs, has initiated the process of demerger and is planning to file for scheme of arrangement in the second week of October.

  • Third Eye Asian Film Festival to screen ‘Vartul’

    MUMBAI: Marathi short film Vartul has been selected to be screened at the eighth edition of the Third Eye Asian Film Festival.

    The festival will be held from 8-15 October in Mumbai.


    The 19-minute film, written and directed by Santosh Ram, talks about a 10-year-old boy Damu.


    According to the plot of the story, Damu leaves his home to buy jaggery as told by his mother and on the way meets his friend Manya. The film dwells on their travails and the premise that greed harms.

  • Pyramid Saimira to demerge production and distribution subsidiaries


    MUMBAI: Chennai-based movie production, distribution and exhibition company Pyramid Saimira Theatre Ltd (PSTL) has decided to demerge its distribution and production subsidiaries from the parent company.


    Analysts see the demerger as a step towards listing both the distribution and the production companies.


    PSTL MD PS Saminathan had earlier told Indiantelevision.com that the production company would be listed.


    PSTL houses its distribution business under Pyramid Saimira Content Distribution while production falls under Pyramid Saimira Production International Ltd. (production wing) from the parent company.”



    Pyramid Saimira said today the demerger is subject to necessary approvals.


    PSTL board today also approved the raising of up to $100 million through international offering of securities including Foreign Currency Convertible Bonds (FCCBs), Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs).


    PSTL has been facing serious liquidity crunch and has exited from the gaming business by selling its UK gaming subsidiary Aurona Technologies.


    The company had earlier announced that due to huge business loses, the company suffered working capital erosion.

  • Network18 ups stake in AIM-listed Indian Film Company to 69%

    MUMBAI: Network18 Holdings, the subsidiary of Raghav Bahl-promoted Network18 Media & Investments, has increased its stake in the AIM-listed Indian Film Company (IFC) to 69.2 per cent, mopping up additional equity through a mandatory offer.



    Network18 has received another 19 per cent stake offer, taking its “total valid acceptance of the offer” to 33.2 per cent, or 18,239,930 shares.


    Indiantelevision.com had earlier reported that Network18 had acquired 14.2 per cent equity, or 7.8 million shares, through the offer, increasing its stake in the movie company to 50.2 per cent.


    The offer will remain open for acceptance and will lapse if the acquisition of IFC is referred to the competition commission before 7 September.


    Network18 had recently increased its stake in IFC to 35.99 per cent, following which it had to make a mandatory offer for all the remaining shares not owned by it.

  • Michael Jackson‘s Moonwalker on Big Home video


    MUMBAI: Michael Jackson‘s Moonwalker has been released by Big Home Video. Priced at Rs 599, the DVD holds a collage of short stories apart from the movie.


    The DVD also features live concert footage and his performances at the Grammy Awards. Also included is a wild adventure film written by Michael Jackson himself that gives audiences a glimpse into his creative mind.


    Moonwalker, released by Michael Jackson in 1988, is named after the popular dance technique known as the ‘Moonwalk‘ that was one of Michael Jackson‘s trademark moves.


    Said Big Music & Home Entertainment CEO Kulmeet Makkar, “Michael Jackson‘s superlative talent is displayed in Moonwalker. Big Home Video is proud to release this DVD that celebrates this exceptional genius.”

  • UTV‘s Kaminey grosses Rs 630 million

    MUMBAI: After storming the box office in its first weekend, UTV Motion Pictures‘ Kaminey has grossed Rs 630 million within the first 10 days of its release worldwide.

    UTV claims the film grossed Rs 500 million across 1200 screens at the Indian box office. The balance came from the overseas territories, led by US which contributed Rs 52.2 million.

    Despite its two-day late release in Mumbai, Thane and Navi Mumbai as the state government announced closure of theatres due to swine flu scare, the film has had a successful run.

    Says Fun Cinemas CEO Vishal Kapur, “The movie is doing good business and is poised to go into the third week. But Kaminey is not as big a hit as is Love Aaj Kal.”

  • T-Series acquires music rights of Vipul Shah‘s London Dreams

    MUMBAI: T-Series has acquired the music rights of the Vipul Shah directed film London Dreams.

    After Action Replay, this is the second film directed by Shah. The film stars Salman Khan, Ajay Devgan, Asin and Om Puri.

    Says T-Series head honcho Bhushan Kumar, “As a company we want big films, producers and banners to sign on with us. This year, thanks to all the corporate deals, our marketing strategies and relations and also with the digital marketing strength, every producer and banner is looking to have a contract with us.”


    T-Series has lately acquired the music rights of big films like Kites, Action Replay and 3 Idiots.

  • UTV‘s ‘Phir Kabhi‘ premiered on Digital TV

    MUMBAI: UTV Motion Pictures‘ Phir Kabhi was premiered by Digital TV-the DTH service from Airtel on its direct-to-home (DTH) platform yesterday.

    Besides Digital TV, Phir Kabhi is scheduled to release on all major DTH platforms including Tata Sky, Dish TV and Big TV.


    The release of the film first on the DTH platform ahead of a theatrical release is seen by UTV and DTH operators as an experiment in the right direction for producers of small-budget films and the DTH platform itself.


    Digital TV uses the latest MPEG4 standard with DVB S2 technology, which translates into exceptional picture clarity and consistent high-quality audio for the customer.

  • Anjum Rizvi‘s Fast Forward to release on 25 September

    MUMBAI: Producer Anjum Rizvi‘s Fast Forward will release on 25 September. It will have a simultaneous release with the Harman Baweja-Priyanka Chopra starrer What‘s Your Rashee. Earlier the Anjum Rizvi film was to release on 21 August.

    Sources say that Rizvi had to postpone the release of his film to 25 September because of the prevailing swine flu. Said Rizvi, “We decided to push the film and settled for the date. Since the coming weeks have a lot of releases lined up, we didn‘t want to clutter.”


    Fast Forward directed by Zaigham Ali Sayed and starring Rehaan Khan, Akshay Kapoor, Bhavna Pani, Mahesh Manjrekar and Vinod Khanna is Bollywood‘s first dance-based film which showcases ‘Hip Hop‘ and ‘Street‘ as a dance form.