Category: Hindi

  • UTV assembles 17 movies for 2009-10; 13 movies slated for 2010-11

    MUMBAI: Last financial year saw UTV Motion Pictures release 12 movies. And now, the studio has upped its slate to 17 movies that will be released between July 2009 and March 2010.

    Additionally, a further slate of 13 movies that is in various stages of development and production is scheduled for release in 2010-11.


    These include a film by Sanjay Leela Bhansali, starring Hrithik Roshan and Aishwarya, Rai along with another film by Anees Bazmee, starring Akshay Kumar. UTV is also working with other directors such as Anurag Basu, Rakeysh Omprakash Mehra, Priyadarshan, Anurag Kashyap, Rajkumar Gupta, Rajkumar Gupta, Nishikant Kamat, Sourabh Narang and Prakash Jha.


    2010-11 will also see UTV release two animation filmsArjun, The Warrior Prince and Alibaba & the 41 Thieves and one kids film Chillar Party.


    Meanwhile, the slate for 2009 is: Ramgopal Varma‘s horror film Agyaat, Vishal Bhardwaj‘s musical thriller Kaminey, spoofy comedy Aage Se Right, romantic comedy Main Aur Mrs Khanna, Dharma Productions‘ romantic comedy Wake up Sid, Dharma Productions‘ thriller Qurbaan, Ashutosh Gowarikar‘s romantic musical What‘s your Rashee?, David Dhawan‘s comic thriller Hook Ya Crook, Ken Ghosh‘s dance musical, hilarious caper Season‘s Greetings, pulp thriller Peter Gaya Kaam Se, bio-pic Paan Singh Tomar, Deven Khote‘s directorial debut Phillum City and Prakash Jha‘s political drama Rajneeti.


    The year will also witness UTV release the Tamil and Telegu remake of A Wednesday, starring Kamal Hassan and Mohanlal. The production house will also have two co-productions with Aamir Khan Productions namely Delhi Belly and The Falling.


    Says UTV Motion Pictures CEO Siddharth Roy Kapur, “The range of movies we have in store for audiences up until March 2010 is testament to the vision of UMP to produce movies across all genres and scales, with a relentless focus on combining the very best talent in the industry with great scripts. We are confident that 2009-10 will be a banner year for the company, after our dream run last year, during which all our movies, performed well both commercially and critically.”

  • Shemaroo revives acquisitions for home video, eyes Rs 1.4 bn in FY’10

    MUMBAI: Shemaroo Entertainment has revived its Hindi movie acquisitions for the home video market and is targeting a revenue of Rs 1.40 billion this fiscal.A berserk rise in costs had kept the oldest active home video player out of the ring last year as Moser Baer and Reliance ADAG‘s Big Music & Home Entertainment accumulated movies at an aggressive pace.

    “The acquisition price has dropped by 30-40 per cent this year. Besides, the DVD prices have stabilised at a feasible level,” says Shemaroo Entertainment director Hiren Gada.

    Shemaroo has acquired rights for eight movies this year including Slumdog Millionaire, winner of eight Oscar awards, and Chandni Chowk to China.


    On the production front, the company has lined up one live action and two animation movies.


    Driven by high costs, Shemaroo had scaled down its turnover in FY‘09 which skid to Rs 1.10 billion from Rs 1.42 billion in FY‘08.

    “We wanted to scale up our production business last year, but the prices were too high. The Bollywood industry is still carrying high-cost inventory in its pipeline. We have a few projects this year, but will have to wait a bit more longer to have a wider slate,” says Gada.

    Shemaroo is also building up a World Cinema catalogue and has acquired 100 movies. It has tied up with UTV for distributing its World Cinema titles on home video. “We have released 30 of our own collections. The task is to release the balance movies along with the UTV titles before we do more fresh acquisitions,” says Gada.

    The World Cinema business is still at a nascent stage in India but could turn profitable down the road. “It is a premium niche category. The price point is good and it raises our home video presence,” says Gada.


  • HDIL to pump in Rs 5 billion to expand multiplex biz

    MUMBAI: After acquiring a majority stake in Sri Adhikari Bros‘ Broadcast Initiative Ltd, Housing Development & Infrastructure Ltd (HDIL) is now building up its multiplex business.

    The company, which has two TV channels Live India (Hindi news) and Mi Marathi (Marathi entertainment channel) under its belt, is planning to invest Rs 4.5 – 5 billion to roll out 150 screens over the next five years. HDIL operates its multiplex chain under the brand Broadway.


    Says HDIL entertainment division CEO Mukesh Gupta, “Currently HDIL owns seven operational screens. We plan to set up a property in Bhandup with six screens in the next two months. We will also be setting up a four-screen property in Goregaon sometime in September-October.”


    HDIL has already bought two properties in Pune where it will build three screens each. It will also build a five screen property in Gurgaon and a three screen property in Hyderabad.


    “So far, we have already invested Rs 300-350 million in our multiplex project,” Gupta adds.


    The real estate company‘s first theatre was launched in Vasai followed by the second property in Kandivali. HDIL is also planning to roll out a four-screen property at Andheri, Mumbai.

  • Al Jazeera to present series of pirates in Somalia


    MUMBAI: Al Jazeera English has gained exclusive access into Somalia‘s pirate-driven region of Puntland to present a new five part series which goes behind the scenes to uncover piracy in Somalia.


    With exclusive access, Al Jazeera English‘s Mohammed Adow brings to light an in-depth story of this ever-growing issue shattering some of the myths to portray a unique picture of piracy.


    In the series, Lawless Seas, Al Jazeera brings diverse sides to this story to discover not only what piracy is today, but also why so many are continuing to join this booming industry.


    With interviews from the pirates themselves, to a community divided on this issue, political, religious and clan elders who are fighting against piracy, Mohammed Adow learns the inner workings of the pirates operation, the networks involved and the men making Somalia‘s waters the most dangerous on Earth.


    Al Jazeera English also brings tales from Eyl, a well-known pirate‘s hideout and Somalia‘s modern-day pirate capital, a story of a boom resulting from the lucrative trade that piracy has become in this far-flung corner of Somalia.


    Exploring further, Al Jazeera speaks to families of dead pirates, some being held in as far away places as New York in the US where they are facing charges. With exclusive pictures of ships and crew being held hostage, Al Jazeera‘s Lawless Seas brings to its audience unprecedented coverage of the thriving business of piracy.


    This 5-part series can be watched from Monday to Friday 19 June at 07GMT every day.


    Half-hour specials on piracy accompanying this series will be played at the following transmission times: Wednesday, 17 June – 1430, Thursday, 18 June – 0630 and 2330, Friday, 19 June – 1630, Saturday, 20 June – 1930, Sunday, 21 June – 0030 and 1130, Monday, 22 June – 0300, Tuesday, 23 June – 1230.

  • Mounting expenses dent bottom line of Inox and Cinemax

    MUMBAI: The profitability of multiplexes is being clobbered by rising expenditure as content cost is on the upswing and there is pressure to scale up screens.

    Indiantelevision.com looks at two multiplexes to elucidate this reality. Both Inox and Cinemax have announced their fiscal results and the common thread that we find is a dent in the bottom line.


    While Inox Leisure Ltd. has seen a gradual rise in annual revenues, profit margins have gradually eroded. Although expenses have increased in all sectors of the business, the chief contributors include film distributors‘ share (at Rs 530 million); property rent and conduction fees (at Rs 264.3 million) and entertainment tax (at Rs 284 million). The corresponding expenditure in these areas last year stood at Rs 449.6 million, Rs 187.7 million and Rs 215.7 million respectively. Inox has also increased its screen tally from 84 to 91 for the year.


    The problem area is also on the revenue side, which has slowed down substantially in FY‘09.


    A look at the financial figures of Inox reflects the actual picture of a multiplex that is beginning to feel the pinch of a slowdown. The table below shows the numbers from FY‘06 to FY‘09.







    INOX financial figures (in Rs millions)


























     
    FY‘06

    FY‘07

    FY‘08

    FY‘09
    Total Income
    1,090.81

    1,624.80

    2,178.30

    2,278.80
    Expenditure
    711.09

    1,170.30

    1,660.60

    1,908.60
    Operating Profit
    379.72

    454.5

    517.7

    370.2

    The graph below indicates how rising expenditure has eaten into the profits of the company.




    Inox is not the only multiplex plagued by rising costs. Cinemax reflects a similar story, though its revenue is also on the upside.


    As can be seen from the table and graph below, there is a stark difference in expenditure incurred in FY‘08 and FY‘09. Profit margins have really been compressed.








    Cinemax financial figures (in Rs millions)






















     
    FY‘07

    FY‘08

    FY‘09
    Net income from operations
    933.1

    1016.2

    1446.1
    Expenditure
    733.4

    826.8

    1325.5
    Profit before tax
    172.9

    201.2

    151.7



    Ambitious expansion plans by Cinemax may be one of the reasons for the steep rise in expenditure. The number of screens increased from 52 in the last fiscal year to 74 this year, which means an addition of 22 screens in the last year.


    Profitably of Cinemax has headed south. The graph below shows how expenditure in the year ending 31 March 2009 towers above the corresponding values of the previous year. Although this has been accompanied by an increase in revenues, profits have taken a hit. Other than the first quarter, the profits in FY‘09 have been lower than their counterparts the previous year across all quarters.



    It remains to be seen how the new revenue share deal with the film producers and distributors is going to affect these two multiplexes. That, however, is not going to prove a hurdle for Inox‘s and Cinemax‘s growth plans. Cinemax, for instance, is planning to pump in between Rs 800 million and Rs 1 billion to roll out 50 screens in the current fiscal.

  • ‘Jodhaa Akbar’ tops honours at IIFA

    MUMBAI: Ashutosh Gowariker‘s Jodhaa Akbar took home eleven awards at the tenth IIFA (International Indian Film Academy) Awards, held at Macau.

    While the film won the best picture award, Ashutosh Gowarikar was awarded the best director. Hrithik Roshan bagged the best actor award.


    Other categories that featured Jodhaa Akbar wins were AR Rahman for best music director and Javed Akhtar and Javed Ali for best lyrics and best playback singer (male) respectively for Jashan-e-Baharaa.


    Madhur Bhandarkar‘s Fashion won Priyanka Chopra the best actress award while Kangana Ranawat won the award for best supporting actor (female) for the same.


    Arjun Rampal came out victorious for best male performance in a supporting role for Rock On.


    Meanwhile, IIFA brand ambassador Amitabh Bachchan presented the Lifetime Achievement Award to Rajesh Khanna with whom he worked in a couple of notable films like Anand and Namak Haram.


    Abhishek Bachchan won the award for best performance in a comic role for Dostana while Akshaye Khanna won for best performance in a negative role for Race. Neeraj Pandey‘s A Wednesday won the award for best story.


    The ‘Male Star of the Decade‘ award went to Shah Rukh Khan while Aishwarya Rai Bachchan won in the female category. The star debut of the year was awarded to Asin and Farhan Akhtar.


    The IIFA and Green Globe Foundation presented an award to Rahul Bose for his contribution to creating awareness on global warming.


    Category Winners


    Best Background Score Award: AR Rahman (Jodhaa Akbar)
    Best Dialogue: Mano Rishil (Oye Lucky)
    Best Editing: Ballu Saluja (Jodhaa Akbar)
    Best Art Direction: Nitin Chandrakant Desai (Jodhaa Akbar)
    Best Costume Award: Neeta Lulla (Jodha Akbar)
    Best Make-up: Madhav Kadam (Jodhaa Akbar)
    Best Picture: (Jodhaa Akbar)
    Best Screenplay: Neerai Pandey (A Wednesday)
    Best Story: Neeraj Pandey – (A Wednesday)
    Lyrics: Javed Akhtar – Jashan-e-Baharaa (Jodhaa Akbar)
    Music Direction: AR Rahman – (Jodhaa Akbar)
    Performance in a Comic Role: Abhishek Bachchan – (Dostana)
    Performance in a Negative Role: Akshaye Khanna – (Race)
    Playback Singer (Female): Shreya Ghoshal – Teri Ore (Singh Is King)
    Playback Singer (Male): Javed Ali – Jashan-e-Baharaa (Jodhaa Akbar)
    Best Sound re-editing: Leslie Fernandes (Race)
    Sound Recording: Resul Pookutty & Amrit (Ghajini)
    Best Action: Peter Steins & Stun Siva (Ghajini)
    Special Effects Awards: Ghajini
    Sounding Recording Award: Rock On!!
    IDEA Style ICON Award (Female): Bipasha Basu
    IDEA Style Icon Award (Male): Hrithik Roshan
    Debutant Star Female Award: Asin – Ghajini
    Debutant Star Male Award: Farhan Akhtar – Rock On
    Best Director Ashutosh: Gowariker – Jodhaa Akbar
    Performance in a Supporting Role (Female): Kangana Ranawat – (Fashion)
    Performance in a Supporting Role (Male): Arjun Rampal – (Rock On !!)
    Performance in a Leading Role (Female): Priyanka Chopra – (Fashion)
    Performance in a Leading Role (Male): Hrithik Roshan – (Jodhaa Akbar)
    Videocon Music of Decade Award: AR Rahman
    Videocon Star of Decade (Female): Aishwarya Rai Bachchan
    Videocon Star of Decade (Male): Shahrukh Khan
    Videocon Movie of the Decade: Lagaan
    Videocon Director of Decade Award: Rakesh Roshan

  • ICC World Twenty20 live on Fun Cinemas, PVR


    MUMBAI: Fun Cinemas and PVR Cinemas have acquired the rights for the ongoing ICC World Twenty20 matches from ESPN Star Sports, the official broadcaster of the tournament.


    While PVR Cinemas will screen the Super 8 Matches of India live at its properties in Mumbai and Delhi, Fun Cinemas will screen the matches in Delhi, Mumbai, Jaipur and Chandigarh.


    Fun Cinemas COO Vishal Kapur said, “The matches will be screened at our three properties in Delhi and one property each in Mumbai, Jaipur and Chandigarh. In Mumbai, tickets are priced at Rs 500 where we are offering the audiences with unlimited Pepsi, popcorn and two pints of beer with every ticket. The tickets for the Delhi, Jaipur and Chandigarh shows are priced at Rs 400 each (without beer).”


    “This is a deal where we have paid a MG (minimum guarantee) to the broadcaster,” PVR CEO Amitabh Bardhan added.

  • Strike over, Bollywood faces problem of plenty

    MUMBAI: The Bollywood strike may have ended, but the door has opened for a problem of plenty as producers rush for a release pipeline.

    More than 90 films are lined up for release in exactly 30 week’s time before the year ends. That means an average of three releases per week to accommodate a stockpile, spurring producers to work out plans to beat the clutter and avoid internal clashes so as to maximise revenue for all.


    “Producers will soon form a committee that will work towards clearing the backlog of films,” a noted film producer tells Indiantelevision.com on request of anonymity.


    Beating the logjam will be quite a task as the studios threaten to swing back into action fast. Says Big Cinemas COO Mahesh Ramanathan, “As we had declared earlier, we will be releasing 18 movies in 2009. We are moving according to our plans. We have already had a release on 30 January last when we released Luck By Chance.”


    With the strike called off, Big Cinemas will follow its 12 June release of Kal Kisne Dekha with Sikander, Mirch and Chaloo Movie. “A spate of other films will hit the screens post-July,” says Ramanathan.


    UTV has played it safe by not scheduling any of its films during IPL and T20 World Cup. “Our first release will come in the form of Agyat that will be released on 24 July and Kaminaay will release in August,” a source in UTV says.


    UTV’s slate includes films like Main Aur Mrs Khanna, Agyat, What‘s your Rashee, Wake Up Sid, Hook Ya Crook, Delhi Belly, Jihaad, A Wednesday (remake in Tamil and Telugu), Yahoo, Film City, Arjun, Alibaba & 41 Thieves, Ex-Terminators and Rajniti, Hawai Dada.


    In the pipeline also are five films of UTV SpotBoy (Aage Se Right, Pan Singh Tomar, Seasons Greetings, Peter Gaya Kaam Se and Chillar Party), Sanjay Leela Bhansali‘s next with Hrithik Roshan and Aishwarya Rai, Anuraag Basu‘s next and a Anees Bazmee directed comedy.


    Other films that have been lined up for release in subsequent weeks include Arif Shaikh’s Let’s Dance, Mukta Arts’ Paying Guest ( both 19 June), Yashraj Films‘ New York (26 June), Sajid Nadiadwala‘s Kambakkht Ishq (3 July), Ramgopal Varma‘s Agyat (24 July), Imtiaz Ali directed Love Aajkal (31 July), Y.T Entertainment Ltd & Anjum Rizvi Film Co.’s Fast Forward (10 July), Shree Ashtavinayak Cine Vision Ltd’s Luck (31 July), UTV’s Kaminay and Sujoy Ghosh‘s Aladin (14 August). ASA Productions and Enterprises Pvt Ltd’s Phhir (7 August) Three- Love, Lies and Betrayal ( 3 September), All The Best- Fun Begins (16 October) and Shree Ashtavinayak Cine Vision Ltd’s Blue (16 October).


    Would producers have to increase on the marketing spends for their films to beat the clutter? “No, spends would be normal as before. Promotional expenses are going to be the same. Where is the chance of spending extra bucks on promotion. In fact, given less of time between releases, costs are likely to come down by half,“ avers Ramanathan.


    Several other producers agree that promotional costs could fall. Says the UTV source, “Promotional costs are going to go down and so will the spending on hoardings and TV promos. In fact, TV channels have seen a considerable drop in their Q1 results because of a drop of commercials. You could attribute this aspect to the downturn. Producers are not taking the six-week promo course anymore.”


    Agrees producer Yash Patnaik, who will soon be releasing his film Kaalo: “The days of six-week promotion is a thing of the past. Let’s take the case of YRF’s New York. Given the fact that the film is releasing on 26 June, where do they get time to properly promote their film? No doubt it’s a good banner, but every film needs a promotion. Two to three week’s promotion is what producers are looking at.”


    Will a minimum time suffice for a film’s promotion? “Why not! Take for example a film like Kambakkht Ishq that is releasing in the first week of July. They easily have four weeks to promote their film and that is the normal time one gets for promotional purpose,” avers Patnaik.


    In the current situation, the exhibition of a film will also take a dip. “I feel that the maximum time that a film will run in theatres would be four weeks beyond which there would be no space. A lot of films would be waiting to see the day on the silver screen,” quips Patnaik.


    Ramanathan disagrees: “If a film is doing well, why would it be pulled out of a multiplex. If other films are in line, multiplexes having many number of screens could divide a film’s exhibition by showing it on a screen for a limited number of shows.”

  • PVR plans to invest Rs 1.2 bn in multiplex biz


    MUMBAI: Multiplex chain operator PVR Ltd has decided to up its investments to between Rs 1 billion and Rs 1.20 billion in setting up more screens nationwide over the next two to three years.


    Talking of the expansion plan, PVR President and CEO Pramod Arora said, “Our theatres have done well and that makes us more and more confident for us to go into expansion.”


    The firm will add around 50 to 60 per cent across properties in India and “it is difficult to say where screens would be added and where the new properties would come up. It is estimated that the screen size would grow to around 165 screens from the current 108.”

    PVR will soon launch a multiplex in Chennai.

  • Indian Film Company commits $32 mn in upcoming projects

    MUMBAI: Raghav Bahl-driven Indian Film Company (IFC) is ready to pump in ?20.63 million ($32.12 million) towards its upcoming film projects.

    The Aim-listed company will predominantly fund these projects through cash generated by the group from exploitation of film rights. The Group is also evaluating the option of raising debt to fund some of its future investments in film projects.



    The company has lined up nine movies to release in FY 2010. It has acquired rights to two films while it will be co-producing the rest.



    Meanwhile, riding high on the success of movies like Ghajini and Singh Is Kinng, the company‘s net profit has surged 98.5 per cent to ?3.89 million for the year ended 31 March 2009, as compared to Rs ?1.96 million a year ago.



    Revenue stood at ?40.90 million, as against ?11.45 million in FY‘08.



    During the year under review, IFC has released eight films (Bhoothnath, Panduranga, Singh Is Kinng, Kidnap, Golmaal Returns, Dil Kabaddi, Ghajini and Little Zizou).



    Released in the fag end of the calendar year 2008, Ghajini broke all existing records at the Indian box office to gross ?26.83 million (Rs 1.95 billion) with 1,500 screens. Singh Is Kinng, which was released in August 2008, grossed ?15.14 million (Rs 1.10 billion).



    The group also ventured into world cinema with three co-productions; Little Zizou, It‘s a Wonderful Afterlife and Road Movie. International sales agents have been secured already to sell these three films outside of India.



    IFC has also acquired the remake rights of the Hollywood film Italian Job from Paramount Studios, and script writing and casting are underway.



    A big benchmark for the company was the selling of music rights with defined period contracts, including the music rights to Singh Is Kinng, which were sold for Rs 107 million (?1.47 million).



    “Despite the overall gloomy economic environment, the group has been able to deliver good financial results and with a strong slate of films, is poised to expand with a healthy growth rate in the year ending 31 March 2010,” says IFC chairman Shyam Benegal.


    IFC held cash balances of ?0.94 million (?3.28 million including the term deposit) and had exploitation rights and investments in films and films under production with an aggregate carrying value of ?52.06 million till 31 March 2009.



    At present, with a portfolio comprising 35 films and a library of 54 rights bought exclusively for television syndication, the group is continuing to build on its strategy to develop and expand its library of rights for television syndication in the year under review. The television syndication model entails the sale of limited telecast rights for a limited period to multiple players. This model was extended to the overseas territories of the UK, North America, Asia and Europe.



    IFC plans to increase its own production slate. “The group is increasing its focus on mounting its own productions, which are in various stages of scripting, casting, shooting and post-production. The Group will be releasing some of its own productions over the next two years,” Benegal adds.



    While talking about competition, Bahl says, “We continue to live in difficult times where the competition is high, talent is scarce and creativity is selective. The group continuously endeavours to select projects that have capacity to entertain and content that attracts audiences and is commercially viable.”