Tag: Box Office

  • What has made Saiyaara a Rs 300 crore box office wonder?

    What has made Saiyaara a Rs 300 crore box office wonder?

    MUMBAI: The box office success of Saiyaara has been a topic of wide discussion over the past month. The film has performed exceptionally well, crossing Rs 300 Cr at the domestic box office, and becoming the second-highest grosser of 2025 in India, behind Chhaava, at the time of writing this report. A popular theory attributes this success to the influence of Gen Z (those born between 1997 and 2012, currently aged 13-28). It’s an easy conclusion to draw, given the film’s genre and debutant cast. But is it really true? Can one audience segment alone propel a film with no franchise or star value to cross the Rs 300 Cr mark? This analysis explores that question.

    According to Ormax Media analysis, the remarkable box office success of Saiyaara is less about a single generation’s love affair with a fresh romance and more about how different cohorts engage with emotion on screen. On paper, the culprit seemed obvious. Gen Z—those aged 13 to 28—looked tailor-made for the film’s youthful leads, moody soundtrack, and breakneck visuals. Social chatter, sneaker fashion and music streams all suggested the movie was “their” moment. But Ormax Media’s data complicates the narrative.

    The firm’s proprietary OPR (Ormax Power Rating), a 0–100 index that tracks likeability and advocacy, is a trusted predictor of word-of-mouth and sustained collections. A score above 60 typically signals robust engagement, translating into strong box office legs beyond opening weekend. Over four weeks of tracking, Saiyaara notched a sturdy OPR, with Gen Z audiences scoring it at 68 and those aged 29+ close behind at 63. A respectable gap, but not wide enough to explain the runaway commercial phenomenon.

    Saiyaara

    The real story, says Ormax Media, emerges when the data is split by gender. Women across generations responded almost identically strongly, suggesting that themes of love, empathy and sacrifice cut across age barriers. Among men, however, the divergence was stark. Gen Z men mirrored women’s enthusiasm, while older men slipped sharply, delivering an OPR of just 56.

    Why does this gap matter? For Ormax analysts, it reflects shifting life priorities. Gen Z men—many still students, young professionals or in early relationships—saw in Krish Kapoor, the protagonist, an avatar of their own anxieties and aspirations. At 22, Krish is all swagger and style: racing bikes across Mumbai flyovers, flaunting Air Jordans, and smoking defiantly. But when his girlfriend Vaani is diagnosed with Alzheimer’s, he doesn’t flee. Instead, he pauses his rising music career to stay by her side. The arc resonated with younger men who are wrestling with questions of identity, love and loyalty in their own lives.

    “Cinema becomes a tool of self-discovery for this cohort,” Ormax Media notes. “It validates emotions that are difficult to articulate, reassuring them that ‘forever’ love is not entirely a myth.”

    Older men, by contrast, appear to want films to serve as escape hatches from the daily grind of careers, mortgages, and parenting. For them, Saiyaara may be admirable cinema, but not essential viewing. As Ormax points out, this explains the 10-point OPR gap between the two male groups.

    For women, the generational divide all but vanishes. Ormax’s data highlights how relationship-driven storytelling continues to resonate across age brackets, aligned with academic research suggesting women are both socialised, and to some extent biologically primed, to prioritise empathy and relational bonds in narrative consumption. Saiyaara capitalised on this, shaping Krish’s trajectory not as a melodramatic sacrifice but as a nuanced portrait of resilience and commitment.

    The outcome: a Rs 300 cr-plus blockbuster that defied industry cynicism around non-franchise, debutant-led films. Saiyaara’s triumph is not solely Gen Z’s doing. Rather, it is the uncharacteristic enthusiasm of young men—an audience often elusive for romantic dramas—that Ormax Media credits with tipping the film from respectable hit to cultural juggernaut.

  • UFO Moviez posts Rs 6.52 crore Q1 profit as box office bounces back

    UFO Moviez posts Rs 6.52 crore Q1 profit as box office bounces back

    MUMBAI: Lights, camera, profit UFO Moviez has kicked off the fiscal year on a blockbuster note, posting a consolidated net profit of Rs 652 lakh for Q1FY26, marking a sharp turnaround from a loss of Rs 414 lakh in the same quarter last year. The homegrown digital cinema distribution major reported a 16 per cent rise in consolidated revenue at Rs 10,903 lakh, up from Rs 9,451 lakh in Q1FY25. EBITDA also saw a healthy jump to Rs 1,929 lakh from Rs 658 lakh a year ago.

    Standalone profit came in at Rs 365 lakh versus a loss of Rs 267 lakh in the previous year’s comparable quarter. Notably, this improvement comes despite a 7 per cent drop in standalone net sales compared to the same quarter last year.

    The boost in profitability was helped by a sharp reduction in impairment provisions down to zero from Rs 365 lakh last year as well as higher other income and steady cost control across verticals.

    Employee costs for the quarter stood at Rs 2,111 lakh (up from Rs 2,191 lakh last year), while ad revenue share expenses held steady at Rs 1,848 lakh. Equipment and lamp purchases jumped significantly to Rs 2,252 lakh, signalling investment in expanding or upgrading the network.

    UFO’s Q1 earnings per share stood at Rs 1.68, compared to a loss per share of Rs 1.07 last year.

    The company had earlier received NCLT approval for the amalgamation of its two wholly owned subsidiaries Scrabble Digital Limited and UFO Software Technologies Pvt Ltd effective April 1, 2024. As a result, the Q1FY25 numbers have been restated to reflect this merger.

    The board meeting to approve the results concluded at 3:50 p.m. on July 31, 2025.

    With the film exhibition and cinema tech segments bouncing back post-pandemic, UFO Moviez appears set for a sequel of steady growth.

     

  • Cinépolis gives popcorn power-up with Mission: Impossible – The Final Reckoning

    Cinépolis gives popcorn power-up with Mission: Impossible – The Final Reckoning

    MUMBAI: It is getting challenging to fill cinema halls as has been evident from the limited number of films racing up the box office charts. Now, Cinépolis India has taken an interesting tack to get cinema lovers back into theatres: it is offering mouth-watering tub of popcorn to those who pick up tickets of Mission: Impossible – The Final Reckoning. As Ethan Hunt gears up for his swan song, early bird ticket-buyers are getting a blockbuster snack bonus.

    From 21 to 28 May, the first 80,000 customers who book tickets via the Cinépolis app or website will bag a free refill coupon for a Jumbo Popcorn tub—valid for all language versions of the film. That’s one mission that’s definitely not impossible.

    It’s the first time Cinépolis is bundling food and film in a single digital move, marking a shift towards experience-led cinema in India’s increasingly competitive multiplex landscape.

    And there’s more where that came from. The popcorn perk is part of a larger buffet of F&B promotions rolling out at Cinépolis, including:

    * Special Menu Tuesdays: Curated bites starting at just Rs 99
    * Buy-one-get-one cream & onion popcorn: Double the crunch, same cost
    * Coca-Cola Birthday Special: Grab a Coke for Rs 139 with a food bill of Rs 139, celebrating the brand’s 139th year
    * Free popcorn refills: With select bookings on Cinépolis digital platforms

    The campaign is a crunchy step in Cinépolis’ broader mission: merging blockbuster cinema with curated culinary joy. With Hollywood’s hottest spy lighting up screens and snacks getting star billing, this summer, the plot just got tastier.

  • MovieMax opens new multiplex at Pune’s Mariplex Mall

    MovieMax opens new multiplex at Pune’s Mariplex Mall

    Mumbai: MovieMax Cinemas opened its latest three-screen multiplex at Mariplex Mall, Kalyani Nagar, offering a premium cinematic experience in the heart of Pune. This marks the second MovieMax multiplex in the city, furthering its commitment to providing world-class entertainment. Equipped with 2K projection technology and Dolby 7.1 surround sound, the multiplex promises a top-tier movie experience.

    MovieMax Cinemas CEO Ashish Kanakia said, “Pune has a deep-rooted love for cinema, and we’re thrilled to offer a venue that combines cutting-edge technology with luxury and comfort. Our Mariplex Mall property delivers stunning visuals, crystal-clear sound, and a variety of food and beverage options to make each visit unforgettable. As part of our growth strategy, we’re committed to making luxury cinema accessible to everyone. We aim to offer top-tier technology, comfort, and a wide range of food options to moviegoers across India.”

    The multiplex welcomes guests with a luxury experience, featuring digital kiosks at the box office for quick ticket bookings. The elegantly designed box office allows patrons to easily purchase or retrieve pre-booked tickets with minimal wait, ensuring a seamless arrival experience.

    The lobby enhances this experience with modern décor, vibrant seating in shades of orange, green, and gold, and curated lighting. It provides a comfortable space to relax before or after a movie, with a variety of food options, including pizzas, nachos, popcorn, wok-inspired dishes, and healthy alternatives available at the illuminated concession stand.

    The auditoriums are designed for comfort and optimal viewing, featuring spacious seating and perfect sightlines. Dynamic wall designs showcasing iconic film imagery celebrate the history of cinema, making each screening feel special.

    For an extra touch of luxury, the multiplex includes a dedicated premium section with added amenities and interactive selfie corners for engagement. This multiplex is part of MovieMax’s expansion to bring luxury cinema to metros and tier two and tier three cities. Recently awarded Fastest Growing Cinema Chain of the Year at the IMAX Big Cinema Awards 2024, MovieMax continues to set the standard for premium cinema.

  • Tips Films’ dependence on box office success is continuously reducing: Tips Films MD Kumar Taurani

    Tips Films’ dependence on box office success is continuously reducing: Tips Films MD Kumar Taurani

    Mumbai: “The film industry provides a very good opportunity to scale up operations very profitably and with very low risk,” quoted Tips Films managing director Kumar Taurani during the conference call conducted to announce the company’s quarterly results. He added that Tips’s plan is to scale up to releasing 12 films a year in the coming three to five years.

    “The dependence on box office success is continuously reducing, as the other three rights (music, video, & OTT) contribute a substantial part of the movie’s cost. Going forward, Tips Films very roughly expects its revenue distribution to be 30 per cent from digital rights, 30 per cent from domestic theatrical rights, 15 per cent from satellite rights, 15 per cent from music rights, and 10 per cent from overseas theatrical rights. We will have more clarity on these proportions over the next six to 12 months with more releases,” he stated further.

    He laid emphasis on the fact that the budgeting of a movie is a critical aspect in deciding its profitability. “Hence during this process, we seek the input of key company executives responsible for our major revenue streams, such as music, television broadcast, OTT distribution & marketing, and overseas release. The financial position analysis in these areas is based on all available information, including the screenplay, budget, schedule, director, producer, and principal cast. We currently have three films under production and are close to signing a deal for one of them. We will disclose more details once the deal is finalised.”

    He mentioned that the feature film format of 80 to 180 minutes of character-driven storytelling remains very relevant to today’s audience.

    Historically, movie business revenue was based on satellite rights, video rights, music rights, & domestic and overseas theatrical rights. This revenue distribution saw a disruption in the early 2000s. And music and video rights could not provide adequate monetisation for films for about 15 years, due to technological disruption. The disruption phase he described is now over. “Over the last three to four years, the film industry has seen a drastic change as a result of multiple OTT platforms and the revenue monetisation capability of music rights.”

    When asked about the duration of making a film, he said that pre-production takes two to three months. He said that, but production these days, depending on the film, can be done in 20 to 25 days; just say 100 days; or if there is a very big film, then maybe 150 days. Postproduction takes three to four months, depending on the number of visual effects in the film. If there is a lot of VFX in the film, it will take longer; eight to nine months is also possible; otherwise, two or three months is sufficient.

    When asked about the future of theatres given the OTT competition, he noted that everything will survive. OTT will survive; audiences are different. “Sometimes senior people want to go to the theatre; sometimes they want to watch on OTT. Youngsters are more into OTT. So, again, depending on the quality, which kind of film is thriller or horror, and if it’s a big actor, people will go to the theatre; if it’s a small actor, people will prefer to see it on OTT. So, there are many permutation combinations, but I feel theatre will 100 per cent survive till we make films.”

    Speaking on the balance of focus on theatrical releases versus OTT, he said that if the company likes the stories, then it just acquires them. We sign artists, and then at that time, we understand that this will be an OTT film or a theatrical film. As a result, the fact that we release so many theatrical and non-theatrical OTT films is not a guarantee. So, for the next one or two years, we plan to release at least five films per year, with the goal of increasing to 12 films per year in three, four, or five years. “We should release at least one movie every month, whether it’s OTT, theatrical, regional, or Hindi, so that’s our target for the next three to five years,” he concluded.

  • Poor showing by Bollywood, Hollywood drags PVR to a Q2 loss of Rs 71.23 crore

    Poor showing by Bollywood, Hollywood drags PVR to a Q2 loss of Rs 71.23 crore

    Mumbai: The July-September quarter two 2023 fiscal for PVR was affected mainly because of the poor performance of Hindi movies. Making matters worse was the fact that Hollywood was also disappointed. As a result, it slipped back into a loss of Rs 71.23 crore compared with a consolidated net profit of Rs 53.38 crore in the first quarter of the fiscal ending June 2022. However, the loss was 53 per cent less than the Rs 153.13 crore for the second quarter of the previous fiscal, which had been affected by covid. Admissions and the average ticket price during the second 2023 fiscal quarter were impacted by the weak performance of Bollywood and Hollywood movies.

    Its revenue from operations has fallen from Rs 981.40 crore in the first quarter of the fiscal to Rs 686.72 crore in the second quarter. But it is a big improvement from the revenue of Rs 120.32 crore in the second quarter of the previous covid-impacted fiscal.

    The quarter, PVR noted, was marked by the continued underperformance of Bollywood movies. With the exception of ‘Brahmastra Part One : Shiva, most of the other big budget Bollywood movies performed below expectations, like Laal Singh Chaddha, Raksha Bandhan, and Liger. Brahmastra Part One : Shiva performed exceedingly well at the box office and emerged as the highest grossing Hindi film post-pandemic for PVR, with a net box office contribution of 19 per cent. The underperformance of Hindi films could be attributed to a number of factors, including films released prior to and during the pandemic that did not resonate well with current consumer tastes; content quality driving performance as opposed to star presence; and negative social media sentiments against certain Bollywood movies and stars.

    In Hollywood, the quarter ending September 2022 was the weakest globally in almost two decades, both in terms of the number of movies released and their box office collections. Box office collections for Hollywood movies for PVR dropped by a huge 47 per cent in Q2 FY’23 as compared to Q2 FY’20. Thor: Love and Thunder was the only big tentpole that performed well at the box office as compared to successful tentpoles like The Lion King, Spiderman : Far Away From Home, and Fast and Furious: Hobbs & Shaw in Q2 FY’20.

    If there was a silver lining, it was regional. For PVR, the box office contribution of regional movies increased nicely from 28 per cent in Q2 FY’20 to 44 per cent in Q2 FY’23. Movies like Sita Ramam, Kartikeya 2, Thiruchitrambalam, Rocketry, and Vikrant Rona performed well during the quarter ended September 2022.

    The multiplex exhibition industry on 23 September celebrated “National Cinema Day.” This was envisaged as an industry-wide initiative to welcome moviegoers back to theatres. More than 11 multiplex chains with 4,000+ screens across India participated in this initiative. Customers were offered movie tickets at Rs 75 and discounts on F&B products. PVR welcomed 6.5 lakh guests on this day, which proved to be the busiest day for it in 2022 and the second highest attended day till date with an occupancy of 80 per cent. PVR added that it is also implementing other initiatives to drive admissions back to cinemas.

    PVR added that the current third quarter has started off on a great note with strong responses received to new releases like Ponniyin Selvan – Part 1, Vikram Vedha and Kantara. The content pipeline over the next three months looks extremely promising. It has Bollywood movies that are up for release, like Ram Setu, Cirkus, Thank God, Drishyam 2, Bhediya, Kisi ka Bhai Kisi ki Jaan, Pathan, etc. From Hollywood, it is hoped for a better performance given the tentpoles like Black Adam, Black Panther: Wakanda Forever, and Avatar: The Way of Water. From the regional genre, there are Shaakuntalam, Vaathi, Kushi, Honeymoon, Padavettu, etc. lined up for release.

    PVR has opened 14 screens across three cinemas in the last quarter (24 screens across five cinemas in H1 FY’23) and is fast ramping up its capex plan to open a total of 110-125 new screens by the end of the current fiscal year.

    The announced merger with Inox Leisure, it said, is progressing well. Both the companies have received their respective shareholders and secured creditors’ approval for the proposed scheme of amalgamation. We expect that the NCLT process will be completed in 3–4 months.

    PVR chairman & MD Ajay Bijli said, “We remain focused on driving admissions back to our cinemas. India’s love for movies was well demonstrated by the massive success of the ‘National Cinema Day’. I am confident of a full recovery in the business, driven by the robust content lineup for this year and the various initiatives that we are implementing to rekindle the cinema-going habit amongst our loyal patrons. As we celebrate the silver jubilee for PVR this year, we are extremely optimistic that we will continue to set and exceed even greater benchmarks in the years to come.”

    PVR’s total income rose to Rs 703.13 crore, compared with Rs 275.21 crore in the same quarter of the previous fiscal. The Ebitda for the quarter was Rs 170 crore, almost double the Rs 86.8 crore for the same quarter in the 2022 fiscal. Its total expenses rose to Rs 813.33 crore, compared with Rs 460.68 crore in the same quarter in the previous fiscal.

  • Content investment in India, Korea, and Southeast Asia to rise in 2022: MPA Report

    Content investment in India, Korea, and Southeast Asia to rise in 2022: MPA Report

    Mumbai: The video content budget in India, Korea, and Southeast Asia will grow by 15 per cent and reach $12 billion in 2022, according to the latest edition of Asia Video Content Dynamics, published by Media Partners Asia (MPA).

    In 2022, India and Korea will drive the bulk of the increase, but all markets and all verticals are expected to grow. The film industry will be the fastest, growing by nearly 140 per cent as theatres screen fresh movies. Online video will grow the most, by nearly $700 million.

    It increased by 21 per cent last year to $10.4 billion. Except for theatrical, all content verticals saw significant growth. OTT content was the fastest growing vertical, increasing 83 per cent year on year to become the second largest vertical, accounting for 26 per cent of industry investment. Korea & India saw particularly strong OTT investment growth, while Thailand and Indonesia made significant contributions.

    This report examined video content consumption, investment in video content, and production costs in seven key Asian markets: India, Indonesia, South Korea, Malaysia, Philippines, Thailand, and Vietnam. Free-to-air (FTA), pay-TV, online video, and film are among the verticals examined, along with key players and the production value chain.

    Also read: India’s OTT video market to reach $3 bn in 2022; estimated to double by 2027: Report

    Commenting on the findings of the report, MPA vice president Stephen Laslocky said, “Inflation, particularly with online originals, is a factor driving up content costs.”

    He went on to say that online video operators, broadcasters, and producers must see that higher budgets translate into more premium viewing experiences, or the cost increases will be unsustainable.

    According to this report, Pay-TV was the largest vertical, accounting for 46 per cent of total industry content investment, reflecting well-developed pay-TV markets in India and Korea. FTA ranked third with 25 per cent of the total.

    “Internationally successful programmes remain the content licensing holy grail, which thus far, only Korean dramas and some anime, as well as US and UK content, have sustainably achieved. Some Thai content has succeeded outside of Thailand. Quality production values and strong storylines with a focus on younger online demographics will be the building blocks of future investment strategies,” Laslocky added.

    While talking about the expanding online video sector, he expressed that it has been a boon to independent producers. He said, “Profit margins have stabilised at 10 per cent or more across much of the region. More can be done to bolster independent producers, including additional compensation for original concepts, commensurate rewards for breakout successes, and expanded use of pipeline deals (which allows producers to more reliably recoup overheads).”

    “In exchange, producers need to be transparent with production costs. Commissioners need to be willing and able to audit costs,” he added.

    Declining TV ratings 

    TV ratings continue to decline in measured markets. User-generated content (UGC) platforms continue to dominate video consumption, with their share of total video consumption ranging from 82 per cent in Korea to 95 per cent in Vietnam. While YouTube remains the leader, TikTok is driving growth in Southeast Asia. Premium video, both AVOD and SVOD, captures the majority of the balance.

    The consumption of television and online video is diverging. On TV, drama is generally the most watched genre, while variety, including reality, often ranks #2. Movies, kids, and news can be significant drivers of viewership, and sports can over-index with top-rating TV programs. Viewership of some key TV genres is transitioning to YouTube, where they generate significant classified consumption.

    Meanwhile, with premium online video, series account for approximately 90 per cent of consumption, with dramas accounting for the majority of viewership, while movies account for approximately 10 per cent. Dramas account for nearly all of the top titles. Except for India, variety consumption is largely driven by acquired Korean programming.

    Box office revenues 

    In 2021, box office revenues, admissions, and releases all performed poorly. Film costs fell by two per cent as pandemic restrictions delayed release dates in many markets, but delayed tentpoles performed well in 2022.

    Some markets, including India and Indonesia, are expected to recover completely. In other markets, a return to pre-covid may take until 2023. Returning to pre-covid levels in other markets may take until 2023. Elsewhere, prospects may be marginally better but permanently harmed.

  • ‘Jurassic Park Dominion’ film roars at the box-office

    ‘Jurassic Park Dominion’ film roars at the box-office

    Mumbai: Facing mixed reviews and up against blockbusters such as “Top Gun” in the North American market and “Bhool Bhulaiyaa 2” in India, Universal/Amblin Entertainment’s “Jurassic World Dominion” roared into theatres over the weekend with estimated international box office figures at $389 million placing it on top in numerous markets and showing that it may be critic proof against any bad reviews.

    “Dominion” took a bite out of the North American Market with an estimated $143.4 million in ticket sales. The film opened on 4,676 screens in the US and Canada & cost a reported $185 million to produce, not accounting for marketing & promotion.

    In India, “Jurassic World Dominion” opened strong and is likely to be the highest opening ever for the franchise. The film opened on 2,749 screens and the final weekend tally could be in the vicinity of Rs 33 – 35 crore net.

    The impressive figures are yet another marker that the box office continues to rebound this summer. With blockbusters like “Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick,” and “Bhool Bhulaiyaa,” audiences are now heading back into theaters with more consistency.

    “Jurassic World Dominion” is the sequel to “Jurassic World: Fallen Kingdom” (2018), the sixth installment in the “Jurassic Park” franchise and the conclusion to the storyline that started in the original “Jurassic Park” trilogy.

    Colin Trevorrow directs the film and also co-wrote the screenplay with Emily Carmichael which is based on a story by Trevorrow and Derek Connolly.

    In an exclusive interview with Trevorrow and cast members streamed before the release of the film at Hollywood Chinese Theatre, he expressed a wish that audience goers, “Get loud! Everyone watching, yell things at the screen, laugh, cry and do it all loudly. We are in theatres watching movies which hasn’t happened for a long time, so let’s enjoy it.”

    The film stars an ensemble cast including Chris Pratt, Bryce Dallas Howard, Laura Dern, Jeff Goldblum, Sam Neill, BD Wong, Omar Sy, Isabella Sermon, Justice Smith and Daniella Pineda reprising their roles from previous films in the franchise, and are joined by DeWanda Wise, Mamoudou Athie, Campbell Scott, Scott Haze, and Dichen Lachman.

    Dern, Goldblum and Neill reprise their roles from the “Jurassic Park” trilogy, appearing together for the first time since the 1993 film. The film is set four years after the events of “Fallen Kingdom,” with dinosaurs now living alongside humans around the world as locusts begin threatening the world’s food supply.

    However, some film critics weren’t biting, with this sixth instalment of the franchise having gained the unwanted distinction of being the worst-reviewed yet with a Rotten Tomatoes score of just 30 per cent from critics. Yet, fans can’t seem to get enough of these dinosaurs with an audience approval rating of 80 percent.

    “Jurassic World Dominion” sold itself on a combination of nostalgia and finality, even though it may be extremely unlikely that we’ll never see another one. However, as it is billed as the last instalment of the “Jurassic” era, the film’s stars expressed a certain wistfulness. Leading lady, Bryce Dallas Howard said, “It is a very meaningful, very powerful experience. I think all of us will treasure and hold on to it forever. It’s incredibly bittersweet that it’s coming to a close.” Jeff Goldblum added, “It’s been a profound privilege. Like many moments in life or a passion at work, I’m always inspired by it.”  

    As for now, you can only see “Jurassic World: Dominion” in theaters. Last year, an unprecedented number of new theatrical movies streamed online the same day they hit cinemas. But this year, as COVID-19 restrictions have eased and audiences returned to cinemas, the practice has nearly vanished. Pretty much all movies now get at least a month and a half in theaters exclusively. However, in the case of “Jurassic World: Dominion,” it may be much longer, it’s unlikely to happen anytime before late July and could be as far out as early October. “Jurassic World Dominion” will stream first on Peacock. Peacock is owned by Comcast’s NBCUniversal, and Universal Pictures is the movie’s distributor.

    Elsewhere at the box office, “Top Gun: Maverick’ is still strong at No. 2 with an additional $50 million at the North American box office, bringing its total to $393 million. It flew past $700 million worldwide, earning $747 million globally. “Doctor Strange in the Multiverse of Madness” continued to conjure box office magic at third place, earning an additional $4.8 million.

    In India, “Bhool Bhulaiyaa 2” saw an uptick in collections on its fourth Saturday with numbers growing by 60 per cent versus Friday as it netted Rs. 2.10 – 2.25 crore. “Samrat Prithviraj” netted Rs. 54.60 crore in its first week. After Rs 1.80 crore second Friday, the film grew on its second Saturday but the numbers remained on the lower side hovering around the Rs 2.10 – 2.25 crore mark.

  • ‘Bhool Bhulaiyaa 2’ to cross Rs 100 crore mark

    ‘Bhool Bhulaiyaa 2’ to cross Rs 100 crore mark

    Mumbai: Kartik Aaryan and Kiara Advani starrer horror comedy film “Bhool Bhulaiya 2” is continuously creating records at the box office. The film has done a business of about Rs 98 crore in just eight days and trade experts believe that the movie will cross the Rs 100 crore mark on Saturday.

    Film critic and trade analyst Taran Adarsh believes that the movie will break into the Rs 100 crore club. Adarsh took Twitter to share his expectations from the movie.

    “#BhoolBhulaiyaa2 marches ahead gloriously, unaffected by the new opponents… Expect bigger numbers over the weekend… Will hit Rs 100 crore today [second Sat]… #KartikAaryan’s second film to hit the century, after #SKTKS… [Week 2] Fri 6.52 cr. Total: ? 98.57 cr. #India biz,” reads the recent Tweet from Adarsh.

    Taran also mentioned that “Bhool Bhulaiyaa 2” will also become the fifth film to cross the 100 crore mark in 2022 on 28 May. Before “Bhool Bhulaiyaa 2” (May), “Gangubai Kathiawadi” (February), “The Kashmir Files” (March), “RRR” (March) and “KGF2” (April) had crossed the 100 crore mark.

    Apart from this, “Bhool Bhulaiya 2” has also become the second highest-grossing Bollywood film of this year in the first week itself. Before “Bhool Bhulaiyaa 2” (92.05), “The Kashmir Files” earned Rs 97.30 crore. In this list, Alia’s Gangubai Kathiawadi is at number three with an earning of Rs 68.93 crore.

    Let us tell you that it is not the first time that Kartik Aaryan is entering the 100 crore club. He achieved this milestone long back in 2018 with his superhit movie “Sonu Ke Titu Ki Sweety”. Bhool Bhulaiyaa 2 will be the second movie of Kartik to touch Rs 100 crore.

    “Bhool Bhuliyaa 2” is also doing wonderful business worldwide. The film has done a business of Rs 132.69 crore worldwide so far.

  • Digital is among biggest markets for films today: Pen Studios’ Jayantilal Gada

    Digital is among biggest markets for films today: Pen Studios’ Jayantilal Gada

    Mumbai: Last week, Pen Studios’ “Gangubai Kathiawadi” starring Alia Bhatt joined the 100 crore club, despite the strong competition (“The Batman”) and theatres still running at 50 per cent capacity in Mumbai and Delhi circuits. The film grossed Rs 92.22 crore at the box office in its second week, with the worldwide box office gross standing at Rs 108.3 crore. The success of his latest production notwithstanding, Pen Studios founder Jayantilal Gada is hopeful about the future of digital, even as the industry returns to normalcy post the Covid-19 pandemic.

    In a quick chat with IndianTelevision.com, he spoke about how the digital medium has grown to become indispensable for the film business today.

    “Digital is today the biggest market for films, having replaced television as a medium of film advertising and promotion as well as distribution,” says Gada, adding that, “the 80:20 ratio between TV and digital in terms of marketing budgets and distribution deals has been reversed completely.”

    For all Pen Studios productions, while the theatrical window of 60 days remained sacrosanct even during the pandemic, digital has already overtaken TV as the second release platform, enjoying another exclusive 60-day window before the satellite premiere.

    However, despite all of digital’s merits, Gada maintains that the cinema experience is irreplaceable. “The market for digital grew by leaps and bounds during the pandemic. Even though it is stabilising at a higher value than pre-pandemic, it can never replace cinema,” he asserts. “The theatrical market will bounce back to what it used to be; in fact, it already has, as shown by the success of Gangubai. The audience will continue to go for the theatrical experience while digital takes over as the second screen, surpassing TV.”  

    In the last couple of years, Pen Studios has shifted focus to digital for film promotions in a big way. “Gangubai Kathiawadi” was the first-ever Hindi film promoted by Instagram Global to its 475 million followers. The film based on the journey of real-life madam Gangubai of Kamathipura, was released in over 5000 screens worldwide.

    https://www.instagram.com/reel/CabOSMuDNdA/?utm_medium=copy_link

    The teaser of the company’s forthcoming production, John Abraham starrer “Attack,” garnered 227,000 engagements and 24.2 million total views across all platforms, in addition to trending on YouTube in number one position.

    “Digital is the fastest medium to reach out to the audience today. The share of TV has diminished in the recent past. As a perception building and reminder medium, outdoor gets the same weightage as before,” Gada tells. “The last two years have been a great learning experience which gave us the time to remodel our processes to come up with new strategies for upcoming releases.”

    While Pen Studios’ 2022 slate is yet to be out, for now, it is looking forward to its next big release, SS Rajamouli’s magnum opus “RRR” on 25 March. The company also has Shahid Kapoor starrer “Jersey” and Chiranjeevi and Ram Charan starrer “Acharya” in the pipeline.