Tag: Film Distributor

  • Zee Studios International to release the most anticipated films of August and September!

    Zee Studios International to release the most anticipated films of August and September!

    MUMBAI: While the second half of 2018 has just begun, Zee Studios International, leading overseas film distributor, continues growing strong and has already announced its robust slate for August and September! Having distributed hits like Raazi, Veere Di Wedding, Parmanu and Dhadak, the latter of 2018 has opened new avenues for the distributor with their venture into Foreign Language Cinema, apart from taking prominent Bollywood films to markets outside India. 

    Zee Studios International has recently distributed Ishaan Khatter and Janhvi Kapoor’s ‘Dhadak’ and has diversified its distribution and marketing with an exciting line-up for the next two months including Anubhav Sinha’s ‘Mulk’ starring Rishi Kapoor and Taapsee Pannu, Excel Entertainment’s Akshay Kumar starrer ‘GOLD’, Arjun Rampal’s ‘Paltan’, Fahad Mustafa & Mehwish Hayat’s ‘Load Wedding’, Marathi film ‘Pushpak Vimaan’ and ‘Anandi’, Philippine Cinema including films like ‘Buy Bust’, ‘The Day After Valentine’s’ and ‘Miss Granny’.

    Alongside these films, Zee Studios International is also distributing their first Tamil comedy thriller film ‘Coco’ (also referred to as Kolamaavu Kokila). Releasing in more than 20 countries with over 200 screens, Coco will be seen in over 70 screens in USA. 

    In the past, they have distributed films like Hindi Medium, Mom, Secret Superstar, Raees, Fukrey Returns, Parmanu, Raazi, Veere Di Wedding and the recent Dhadak across markets including U.K, USA, Canada, Australia, New Zealand, Singapore, UAE/GCC, and in unconventional markets like Russia, Turkey, Germany, Austria, Czech Malta, Hungary, Maldives Taiwan, Hong Kong and China to name a few. 

    Commenting on this development Vibha Chopra, Head – Zee Studios International (Film Marketing, Distribution, and Acquisition) said, “We at Zee Studios International are thrilled to distribute more and more films across territories, in variant languages as well as acquire worthwhile/rewarding content. We have been able to gradually shift from distributing Bollywood films to now distributing foreign films in markets outside India. Having the right team and constantly focussing our energies on content-driven films has allowed us to be able to attract as many markets while developing our traditional markets and audiences around the world”

    Having recently distributed their first ever foreign film Sid & Aya: Not A Love Story in Singapore last month, Vibha adds “We thank our partners who have helped us in distributing our films across the globe, allowing us to reach the viewers, localize our content, which in turn has helped us to customise our marketing for each territory.” 

  • Cinemax India PAT at Rs 5.19 crore for Q1-2014

    Cinemax India PAT at Rs 5.19 crore for Q1-2014

    BENGALURU: Indian movie exhibition chain Cinemax India Limited (Cinemax) reported a PAT of Rs 5.19 crore for Q1-2014. The exhibitor had reported a loss of Rs 3.56 crore during the preceding quarter (Q4-2013).

    Let us take a look at Cinemax’s other figures for Q1-2014

    Cinemax’s Q1-2014 net consolidated operating income of Rs 108.50 crore showing a 12.1 per cent growth as compared to Q1-2013 net consolidated revenues of Rs 96.76 crore for Q1-2013 and were 30.1 per cent higher than the Rs 85.39 crore reported during Q4-2013.

    The company’s consolidated expenses for Q1-2014 at Rs 91.17 crore were 12.25 per cent higher than the Rs 81.22 crore for Q1-2013 and 9.3 per cent more than the Rs 83.38 crore in Q4-2013.

    A big chunk of the Cinmax’s expenses is the Film Distributor’s share. For Q1-2014, it paid Rs 30.64 crore (28.2 per cent of consolidated revenues for the quarter) as against Rs 26.50 crore (27.2 per cent of consolidated revenues for the quarter) for Q1-2013 and Rs 24.40 crore (29.3 per cent revenues for the quarter).

    Cinemax’s expenses towards rent for Q1-2014 at Rs 17.75 crore, though higher by 10.8 per cent as compared to the Rs 16.02 crore for Q1-2013, were 1.9 per cent lower than the Rs 18.09 crore paid in Q4-2013.

    Also, repairs and maintenance, though a small part of the consolidated expenses, grew by almost 36 per cent in Q1-2014 to Rs 6.74 crore from Rs 4.96 crore in Q1-2013, but were lower by 7.3 per cent as compared to the Rs 7.23 crore in Q4-2013.

    Last November, the promoters of Cinemax sold their entire stake of 69.27 per cent in the company to PVR Ltd for Rs 394.98 crore. The board of directors of PVR Limited, in a meeting held on 7 June 2013 have approved the merger of Cinemax and a wholly owned subsidiary Cine Hospitality Private Ltd., with PVR. Cinemax also said on the same day that its board approved “in-principle” the amalgamation of the company with PVR Ltd, the ultimate holding company.