Category: Movies

  • FY-2015: Tips reports PAT of Rs 2.7 crore

    FY-2015: Tips reports PAT of Rs 2.7 crore

    BENGALURU: Tips Industries Limited’s reported PAT of Rs 2.7 crore in FY-2015 as compared to a loss of Rs 16.24 crore in the previous financial year. The company’s Q4-2015 performance was marred by the operating loss by its film distribution and production segment that reported an operating loss of Rs 12.53 crore, hence wiping out completely and more the operating profit of Rs 7.63 crore reported by its other segment – Audio Products.

     

    The company reported a loss of Rs 7.67 crore in Q4-2015 as compared to a loss of Rs 0.70 crore in the corresponding year ago quarter and a loss of Rs 3.08 crore in Q3-2015.

     

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

     

    Let us look at the other numbers reported by Tips:

     

    Tips reported 1.3 per cent decline in total income from operations (TIO) in FY-2015 to Rs 102.35 crore from Rs 103.67 crore in FY-2014. Q3-2015 TIO increased 12.5 per cent to Rs 10.21 crore from Rs 9.08 crore in Q4-2014 and increased 70.8 per cent from Rs 5.98 crore in the immediate trailing quarter.

     

    Total Expenditure (TE) in FY-2015 declined 19.7 per cent to Rs 88.95 crore as compared to the Rs 110.80 crore in FY-2014. In Q4-2015, TE more than doubled (increased to 2.33 times) to Rs 17.24 crore as compared to the Rs 7.38 crore in Q4-2014 and was 2.38 times more than the Rs 7.23 crore in Q3-2015. Higher TE in Q4-2015 was due to higher cost of production/distribution of films, which is the major expense head for the company.

     

    Tips incurred more than fivefold (5.68 times) increase in cost of production/distribution of films at Rs 12.01 crore in Q4-2014 as compared to the Rs 2.11 crore in Q4-2014 and more than quadruple (4.03 times) the Rs 2.98 crore reported in Q3-2015.

     

    Segment numbers:

     

    Audio Products

     

    Audio Product sales/income in FY-2015 improved five per cent to Rs 32.22 crore from Rs 30.52 crore in FY-2015. In Q4-2015, sales/income from this segment at Rs 10.16 crore was 9.6 per cent higher than the Rs 9.27 crore in Q4-2014 and 69.9 per cent more than the Rs 5.98 crore in Q3-2015.

     

    Audio Product segment reported a 2.7 per cent decline in operating profit to Rs 22.01 crore in FY-2015 from Rs 22.72 crore in FY-2014. As mentioned above, Audio Products segment reported an operating profit of Rs 7.63 crore in Q4-2015, which was 5.7 per cent more than the Rs 7.22 crore in Q4-2014 and 66.9 per cent more than the Rs 4.57 crore in Q3-2015.

     

    Film Distribution/Production

     

    This segment reported 4.1 per cent decline in income to Rs 70.13 crore in FY-2015 from Rs 72.14 crore in FY-2014. Q4-2015 income was Rs 0.053 crore as compared to a negative Rs 0.19 crore in Q4-2014 and Nil in Q3-2015.

     

    As mentioned above, this segment reported operating profit of Rs 0.54 crore in FY-2015 as compared to a loss of Rs 17.53 crore in FY-2015. The segment reported higher loss in Q4-2014 at Rs 12.63 crore as compared to an operating loss of Rs 3.16 crore in the corresponding year ago quarter and an operating loss of Rs 3.45 crore in the immediate preceding quarter.

  • Mithun’s scion used to comparison with father

    Mithun’s scion used to comparison with father

    NEW DELHI: Mahaakshay Chakraborty, son of dancing star Mithun Chakraborty, says he is getting used to people wanting to compare him with his father. “People have tendency to compare things but now I am use to it. I am really okay with this. This doesn’t bother me. I don’t mind the opinions. It’s part of my life.”

     

    Popularly called Mimoh as he worked in the film Haunted, Mahaakshay is playing his first major role as a hero in the film Ishqedarriyaan directed by V K Prakash. He will be playing the role of Aagam Diwan, a millionaire who loves his profession more than anything else.

     

    He stars with Evelyn Sharma, who addressed the media along with singer Bilal Saeed and Asees Kaur and producer Rajesh Banga.

     

    The film is a story about love, sacrifice, family values and relationships. Mohit Dutta will be debuting with this movie. Jeet Ganguly, Jaidev Kumar and Bilal Saeed have given the music of the film.

     

    The model turned actress Evelyn Sharma has worked in many films like Issaq, Nautanki Saala, and Yaariyaan, but her bubbly yet sexy role in Yeh Jawani Hai Deewani as Laara grabbed attention. With this film she will be playing a lead role as Luvleen, a teacher by profession, who wants to collect donations.

     

    Talking about the film, she said, “More than me my mother is excited for the film. She always wanted to see me in an Indian avatar and with this movie her dream of watching me like this is going to come true.”

     

    Bilal Saeed too gave a treat to the audience by singing songs from the film, He said, “In Pakistan people are crazy for Indian singers and we always complain that we never get to play our own songs.”

     

    The film is releasing globally on 15 May.

  • ‘Piku’ peaks at box office; earns Rs 25.22 crore

    ‘Piku’ peaks at box office; earns Rs 25.22 crore

    MUMBAI: The Amitabh Bachchan, Deepika Padukone and Irrfan Khan starrer Piku might have started slow at the box office on Friday but interest was piqued amongst movie goers as it earned positive word of mouth. Piku managed to gain patrons during later shows on Friday. The movie’s wheels picked up additional “motion” on Saturday and Sunday.

     
    The film improved by leaps and bounds with Rs 5.32 crore collections on Friday, Rs 8.7 crore on Saturday and Rs 11.2 crore on Sunday to take its opening weekend figure to Rs 25.22 crore.

    Kuch Kuch Locha Hai proves a dud with no takers. Expecting Ram Kapoor and Sunny Leone to sell high priced tickets came as a cropper. The audience can’t be taken for granted with half-baked ideas. The film managed to collect just about Rs 2.4 crore in its first weekend.

     
    Sabki Bajegi Band manages a meager Rs 20 lakh in its first week. Proves a disaster.

    Gabbar Is Back backfires. The film is the worst among recent Akshay Kumar releases and the idea to cash in on famous Gabbar character from Sholay and its brand equity fails. The film stays afloat thanks to a four day weekend due to holidays collecting Rs 36.6 crore in its first four days but drops thereafter ending its first week with a total of Rs 56.4 crore.

    Margarita With A Straw collects Rs 55 lakh in its third week to take its two week tally to Rs 5.8 crore.

  • Fox to bring down curtains on ‘American Idol’ in 2016; lines up new shows

    Fox to bring down curtains on ‘American Idol’ in 2016; lines up new shows

    MUMBAI: Popular reality show American Idol will begin its 15th – and final – season in January 2016 on Fox.

     

    A season-long celebratory event, American Idol XV will feature host Ryan Seacrest and judges Jennifer Lopez, Keith Urban and Harry Connick, Jr., as they search for the final Idol superstar and pay tribute to the past 14 seasons of talented contestants and the millions of fans who tweeted, texted and championed their Idols.

     

    The reality show began in 2002 and was a huge success. Over the years, American Idol has been responsible for churning out singing stars like Kelly Clarkson, Carrie Underwood and Jennifer Hudson.

     

    NEW SHOWS

     

    Additionally, Fox also announced that its old hit The X-Files will debut with a special two-night event beginning 24 January, following the NFC Championship Game, and continuing with its time period premiere on 25 January. The thrilling, six-episode event series, helmed by creator/executive producer Chris Carter and starring David Duchovny and Gillian Anderson as FBI Agents Fox Mulder and Dana Scully, marks the momentous return of the Emmy- and Golden Globe Award-winning pop culture phenomenon, which remains one of the longest-running sci-fi series in network television history.

     

    Come September, Fox will also be bringing back the new TV hit Empire. The show is expected to run up to 18 episodes next season, up from the 12 this year.

     

    Fox will also introduce a series of new shows in 2016 like the devilish drama Lucifer, which is based on a DC Comics story and modern gothic action series The Frankenstein Code; and two comedies, The Guide To Surviving Life and animated Bordertown.

     

    In addition, two new dramas – the futuristic Minority Report and the Miami-set Rosewood will debut this fall. Based on Steven Spielberg’s international blockbuster film and the first of his films to be adapted for television, Minority Report follows the partnership between a man (Stark Sands) haunted by the future and a cop (Meagan Good) haunted by her past, as they race to stop the worst crimes before they happen.

     

    Ryan Murphy will return with a new show, Scream Queens, which stars Emma Roberts and Jamie Lee Curtis. Additionally, John Stamos will lead a new comedy titled Grandfathered, and Rob Lowe and Fred Savage will star in The Grinder. New Girl returns to the Tuesday comedy block in January with a season of uninterrupted episodes.

     

    As previously announced, Grease:Live, a three-hour production of the massively popular crossover musical Grease, starring superstar singers, dancers and actresses Julianne Hough and Vanessa Hudgens, will air live on 31 January, 2016 on Fox.

     

    Additional Fox series include: Are You Smarter Than A 5th Grader?, Bob’s Burgers, Boom!, Bones, Brooklyn Nine-Nine, Bullseye, Family Guy, Gotham, Hell’s Kitchen, Masterchef, Masterchef Junior, The Simpsons, Sleepy Hollow, So You Think You Can Dance and World’s Funniest.

  • Shashi Kapoor receives DadaSaheb Phalke Award at Prithvi Theatre

    Shashi Kapoor receives DadaSaheb Phalke Award at Prithvi Theatre

    NEW DELHI: A large number of personalities from Bollywood including many of the heroines who shared screen space stood in loud ovation as veteran actor-filmmaker Shashi Kapoor received the Dadasaheb Phalke Award for 2014 for contribution to development of cinema in his home town, Mumbai.

    As Kapoor was not well enough to travel to Delhi when the National Film awards were presented by Pranab Mukherjee on 3 May, the actor received the highest national award for contribution to cinema at the Prithvi Theatre from Information and Broadcasting Minister Arun Jaitley.

    The award consisting of a Swarn Kamal (Golden Lotus), a cash prize of Rs 10 lakhs, a citation and a shawl was given to the actor who came in on a wheel chair.

    Describing him as the most versatile personality Indian cinema has produced, who worked in commercial and alternate cinema, Jaitley in his brief speech said he was an actor par excellence who competed with the very best during his times.

    The Minister also credited him with bringing the Hindi cinema and Hollywood together.

    He is the third personality from the Kapoor family to get the Phalke award after veteran director Prithviraj Kapoor and Raj Kapoor. He is the 46th Dada Saheb Phalke Award winner. 

    The star studded event was attended by his long-time co-star Amitabh Bachchan, directors Shyam Benegal and Govind Nihalani, Asha Parekh, actress & MP Hema Malini, Rekha, veteran singer Asha Bhosale, lyricist Javed Akhtar who along with Salim had penned the dialogues of many of the films Kapoor acted in, Shabana Azmi, and Zeenat Aman. 

    Family members present included Raj Kapoor’s widow Krishna Kapoor, Kareena Kapoor’s husband Saif Ali Khan, nephew Rishi with wife Neetu and son Ranbir, Shashi Kapoor’s children Kunal Kapoor and Sanjana Kapoor were also present. Ranbir started the show with a poem and Rishi compered the programme.

    A poignant audio visual on Shashi Kapoor’s films and his work along with interviews of important film personalities was played at the occasion to a rousing applause from the elite film audience.

    In a vote of thanks, Bachchan said that Shashi has been a caring and generous human being and it is very fitting that the function was held at Prithvi Theatre, which Shashi Kapoor himself had established.

    Kapoor made his debut as a leading man in the 1961 film Dharamputra and in 1965 starred in a commercial hit Jab Jab Phul Khilen. He went on to appear in more than 150 Hindi films. He was a very popular actor in Bollywood during the 60s, 70s and until the mid-80s. 

    Shashi Kapoor was one of India’s first actors to go international and star in many British and American films, including those of Merchant Ivory Productions such as The Householder (1963),Shakespeare Wallah (1965), Bombay Talkie (1970) and Heat and Dust (1982). He also starred in other British and American films such as Siddhartha (1972) and Muhafiz (1994). 

    In 1978, Kapoor set up his production house Film Valas, which produced critically acclaimed films such as Junoon (1978), Kalyug (1981), 36 Chowringhee Lane (1981), Vijeta (1982) and Utsav (1984).

  • Abhay Deol and Omi Vaidya to attend Asian American Heritage Festival

    Abhay Deol and Omi Vaidya to attend Asian American Heritage Festival

    MUMBAI: Indian actors Abhay Deol and Omi Vaidya will be attending the Asian American Heritage Festival, which is being presented by Ultimate Media and Sony Entertainment Television Asia.

     

    The two actors will also be interacting with the audience at the festival, which is being held on 31 May, 2015 at the NJ Expo and Convention Center in Edison, NJ. The event marks the celebration of the Asian American Heritage month of May in the US. 

     

    The highlights of the Festival are as follows:

     

    • Dance performances by top dance academies from the area

     

    • Over 20 corporate sponsors and 100 vendors showcasing their products and services.

     

    • A focus on the real estate market featuring builders from India and the US, realtors, brokers and mortgage lenders. The Asian Realtors Association of America (AREAA), the trade organization that promotes homeownership opportunities within the Asian American community, is one of the Festival’s sponsors.

     

    • A wide range of food choices to go with free wine tasting by NJ’s very own Balic Winery.

     

    • Free medical check-up by Robert Wood Johnson Hospital

     

    • An array of shopping options – Asian American clothing, jewelry, art and handicrafts.

     

    “Our goal was to create a unique experience for the members of the Asian American community, our corporate client and vendor partners. While there are several festivals and events targeted at individual segments of this vast community, for the first time, we are putting together an event of this scale and size that caters to the entire Asian American population,” said Ultimate Media CEO Mamta Narula.

     

    “We have created a unique forum that combines the three things that appeals most to the Asian American population – entertainment, food and shopping. We have experienced an overwhelming response for the Festival as evidenced by the large number of corporate sponsors and vendors who have signed up, Sony Entertainment Television agreeing to be the grand media sponsor and the top dance schools agreeing to showcase their performances and acts,” added Narula.

  • UltraFlix inks licensing deal for Bollywood movies in 4K

    UltraFlix inks licensing deal for Bollywood movies in 4K

    MUMBAI: NanoTech Entertainment has inked a licensing deal with distributor of Indian movies Film Karavan. With the agreement, NanoTech’s 4K Ultra HD network UltraFlix will have the distribution rights to the Film Karavan library of full-length feature movies as well as ongoing new releases from their film partners. 

     

    4K Studios, a NanoTech subsidiary with facilities in San Francisco and Hollywood, is currently in the process of digitally re-mastering the films for immersive crystal clear 4K Ultra HD viewing.

     

    The Bollywood hits being added to the UltraFlix network’s library of 4K content include, Jab Tak Hai Jaan, One By Two, Fanaa, Ishaqzaade, Kabhi Khushi Kabhie Gham, Mohabbatein, Ek Tha Tiger, Agneepath, Gunday, Darr @ The Mall, Dhoom:3, Kahaani, OMG: Oh My GodHum Tum and Andaz Apna Apna.

     

    “Film Karavan has been one of the most recognized and successful distributors of top selling Indian films for years. With a vast catalog of top quality films and well established film studio partnerships, we are adding a large quantity of quality films to the UltraFlix Network. We’re excited about partnering with Film Karavan so our viewers can enjoy a wide variety of movies from the rapidly growing Indian genre. All of the films will be digitally re-mastered by 4K Studios providing the most incredible detail and amazing depth of 4K,” said NanoTech executive vice president of sales and marketing Aaron Taylor.

     

    “UltraFlix is an exciting new all 4K network that allows studios like ours to deliver the best quality customer experience with the digitally enhanced renditions of their films. The 4K TV market is poised for tremendous growth this year, now forecasted to reach over seven million sets just in the US, and double that worldwide. Thanks to UltraFlix, many award winning Indian films will for the first time ever have the ability to stream in 4K to any and all of these 4K TVs,” added Film Karavan director of content acquisition and distribution  Pooja Kohli.

  • ‘Superhero’ to be Hugh Jackman’s last X Men movie

    ‘Superhero’ to be Hugh Jackman’s last X Men movie

    MUMBAI: Much to the dismay of Wolverine fans all over, Hugh Jackman confirmed that his final appearance as Wolverine will be in 2017 with the movie X-Men Superhero in the third Wolverine spin-off film, reports Independent.

     

    The actor made the announcement while making an appearance on the American talk show Dr. Oz.

     

    According to The Hollywood Reporter, rumours of Jackman’s last appearance as Wolverine have been floating on social media ever since the actor uploaded a picture on Intagram with the caption: ‘Wolverine. One last time.’ 

     

    Over the years, Jackman was almost synonymous as Wolverine amongst the X Men fans worldwide. When the actor was asked his reasons for giving up such a character that has brought him so much love and respect, Jackman said, “It just felt like it was the right time to do it. And let’s be honest, 17 years. I never thought in a million years it would last, so I’m so grateful to the fans for the opportunity of playing it.”

     

    Jackman has starred in two spin-off films: X-Men Origins: Wolverine and The Wolverine and is due to appear in a third. Wolverine III, as it is currently known, will be released in 2017. When Jackman finally says goodbye to his role in 2017, he will have appeared in nine movies as Wolverine.

  • Zee Music Company acquires music rights of UTV-Disney & Balaji’s films

    Zee Music Company acquires music rights of UTV-Disney & Balaji’s films

    MUMBAI: Zee Music Company (ZMC), which completes a year of operations, has acquired the music rights of UTV-Disney and Balaji Motion Pictures’ upcoming movies for the year 2015-16.

     

    ZMC will be releasing the music for Disney’s ABCD2, UTV’s Fitoor and Katti Batti and Balaji Motion Pictures’ Flying Jatt and Kya Super Kool Hai Hum 3.

     

    ZMC head Anurag Bedi said, “It has been a phenomenal year for us and we are very happy with our decision to enter the music space. We are elated to be associated with two of the finest studios – UTV Disney and Balaji Motion Pictures – who have consistently delivered successful movies and music over the years. Meanwhile, we continue to work towards a fantastic year ahead with an exciting line-up of movies starting this summer. Among our new titles are Gabbar is Back, Piku, Kuch Kuch Locha haiBombay Velvet, Ishqedarriyaan, Singh Is Bling, Tina And Lolo, and Jazbaa. In addition to that, 30 new projects will be announced soon.”

     

    Disney India VP and head, marketing and distribution studios Amrita Pandey opined, “We are happy to associate with Zee Music Company on our movies. Our upcoming slate has highly anticipated movies, like Disney’s ABCD 2 and UTV’s Fitoor and Katti Batti and with these movies we will deliver on our promise of providing audiences with great stories and music.”

     

    Balaji Motion Pictures group CEO Sameer Nair added, “Music is a key driver for audiences across, as a studio we believe this creative synergy will be productive. The aim has always been to entertain, entertain and only entertain. We’re looking forward to this enthralling journey with Zee Music Company.”

     

    Last year, ZMC bagged the rights to films like Holiday, Mary Kom, Humshakals, Bang Bangand Shaukeens amongst others. In all, the company acquired music rights to more than 40 Hindi movies from studios like from Viacom18 Motion Pictures and Fox Star Studios as well as 15 Marathi films in 2014.

  • ‘Piku’: Joyride

    ‘Piku’: Joyride

    MUMBAI: Juhi Chatruvedi came up with the idea of a sperm donor in Vicky Donor in 2012. One of the things never discussed on an open forum. The film hit the bull’s eye. This time again in Piku, she has come up with a theme, which deals with a problem millions of people suffer from but never discuss in the open: constipation.

    To Juhi’s credit, like she did in Vicky Donor, here too she makes the story an all-encompassing one. The kind of films, say, Hrishikesh Mukherjee would make. Weaving around the story of a hypochondriac, it adds the aspects of romance, family ties et al in a subtle manner while not making the film a one track toilet humour; she soon converts it into a road movie that leads to a traditional family and roots ending.

    Amitabh Bachchan, the 70 year old homebound widower, suffers from chronic constipation but, being a hypochondriac, he imagines all other illnesses possible. Albeit, his illnesses are all psychosomatic, like if his temperature moves from 98.4 to 98.8, he feigns illness. 

    Bachchan is the kind who is disappointed if his blood tests reports or BP are normal. Deepika is his only daughter too much in love with her father and tolerates all his idiocies. She complies with all his whims of being a hypochondriac though she knows there is nothing wrong with him. Taking his temperature, taking his blood pressure and preparing his medical doses from hundreds of pills he has gathered.

    Deepika hates Bachchan’s ways but also complies with them. Bachchan’s constipation updates are bizarre, and he even sends her updates about it through her office receptionist, which is read out in an important client meeting.

    Just when you think you have had enough of the toilet humour, thankfully, the film changes track and becomes a road movie.

    Irrfan, a qualified engineer, runs his dead father’s private cab service since he was sacked from his job in the Middle East. His company regularly caters to Deepika, dropping her to office every morning and getting her home again. She is as finicky as her father, Bachchan, and no driver from Irrfan’s company wants to ferry her. They do it reluctantly, though. 

    Bachchan has this lucrative offer to sell his huge house in Kolkata, which he is reluctant to sell while Deepika thinks it is time they got rid of it. Bachchan decides to travel to Kolkata to take a final call on the matter. The palatial villa is occupied by Bachchan’s brother and sister in law, who are insecure fearing the villa will be sold. Bachchan has his own peculiar reasons for not travelling by air or train.

    A vehicle is booked with Irrfan’s company but no driver is willing to drive Deepika for such a long journey. Eventually, Irrfan has to drive them and this drive is a fun ride for the audience. This is where the film takes a detour from toilet humour and road show and introduces a bit of family and traditions. 

    Bachchan was never in favour of selling his ancestral home while Deepika was. There a is a third influence as dumb sounding cab driver who, they learn is the owner of the fleet. It turns out he is not dumb but very clever and logical. His suggestions help Bachchan and Deepika change their way of thinking. Thanks to him, even Deepika is convinced that the ancestral property should not be sold. 

    Bachchan’s one ultimate aim in life is to get rid of his constipation before he dies. But, before that, he also wants to live a normal life. Towards this end, one fine day, he borrows the house help’s bicycle and goes on a 25 km ride through Kolkata and gorges on street food. With that, he also comes out of his psychosomatic cocoon and realises his wish of a clear stomach for once! 

    The side track is about Irrfan and Deepika’s chemistry. Hard as she tries not to get impressed with his native intelligence, eventually, she does develop a soft corner for him.

    This is a very clever and balanced script which is thoroughly enjoyable. Shoojit Sircar, who also directed Vicky Donor, from Juhi’s script, does a neat job once again with Piku. Dialogues are quirky at times to blend with Bachchan’s character and generally witty. Music is functional. Cinematography is pleasing. Editing is crisp. The film is all about performances and all three, Bachchan, Irrfan and Deepika excel. Maoushumi Chatterjee in a brief role is as lively as ever. Raguveer Yadav is good.

    Piku is an entertainer all the way and despite the tepid opening response, it should pick up over the weekend.

    Producers: N P Singh, Ronnie Lahiri, Sneha Rajani
    Director: Shoojit Sircar
    Cast:Amitabh Bachchan, Deepika Padukone, Irrfan Khan, Moushumi Chatterjee, Raghuveer Yadav, Jishu Sengupta