ITV

Tag: Great Grand Masti

  • Piracy severely dents Balaji consolidated numbers in Q2-17

    Piracy severely dents Balaji consolidated numbers in Q2-17

    BENGALURU: Despite almost doubling of year-over-year consolidated revenue for the quarter ended 30 September 2016 (Q2-17, current quarter), Ekta Kapoor’s Balaji Telefilms Limited (Balaji) reported a consolidated loss of Rs 28 crore, as compared to Profit after tax (PAT) of Rs 3.92 crore for the corresponding year ago quarter. The company attributes higher revenue to four films it released in the half year ended 30 September 2016 (H!-17, current half-year) as compared to no releases in H1-16. Balaji says in its investor presentation that piracy of its movies Great Grand Masti and Udta Punjab led to an approximate loss of Rs 36 crore in revenues, severely impacting its profitability in the period.

    The company reported 1.92 times higher revenue (TIO) in the current quarter at Rs 105.91 crore as compared to Rs 55.08 crore in Q2-16, and comparatively, just a little lower than the Rs 117.38 crore in the immediate trailing quarter Q1-17.

    Consolidated operating loss (negative EBIDTA) in Q2-17 was Rs 26.18 crore as compared to an operating profit (positive EBIDTA) in Q2-16 of Rs 6.33 crore.

    On a standalone basis, Balaji Telefilms Limited (BTL) – the television arm reported lower a net profit of Rs 4.4 crore in the current quarter versus Rs 6.6 crore in the corresponding year ago quarter. Standalone revenues for Q2-17 and Q2-16 were Rs 61.2 crore and Rs 53.2 crore respectively.

    Revenue from BTL’s Commissioned Programs segment in Q2-17 was Rs 60.9 crore, while for Q2-16 it was Rs 48.3 crore. Programming hours for Q2-17 were 231 hours, significantly higher than the 199 hours reported for the corresponding year ago quarter. Net realisation per hour in Q2-17 was higher at Rs 26.3 lakh as compared to Rs 24.2 lakh in Q2-16. Gross margin and gross margin per hour were lower at Rs 14.7 crore and Rs 6.4 lakh in Q2-17 as compared to Rs 16.9 crore and Rs 8.5 lakh in Q2-16 respectively.

    Balaji says that increase in programming hours in this quarter was due to certain special episodes being commissioned during the quarter for its daily soaps; realisation per hour has improved due to better episodic fees; Gross margins have improved this quarter and will continue to improve once the newer shows stabilise. Shows launched post Q2-17 were Naagin 2 on Colors, Chandra Nandni and Pardes Mein Hai Meraa Dill on Star Plus.

    Revenue from Balaji’s digital business – ALT- was Nil as the company is getting ready to launch commercial services in early Q4 FY17. Other Income from ALT was Rs 3.3 crore in the current quarter as compared to Nil in Q2-16.

    Revenue from Balaj’s movie business for Q2-17 was Rs 43.2 crore against Rs 1.6 crore in Q2-16. The movie business had an operating loss of Rs 28 crore in the current quarter. Operating loss in the corresponding year ago quarter was Rs 4.2 crore. Total amount invested as of 30 September 2016 in movies that are under production was Rs 44.1 crore says the company.

    Total Expenditure in the current quarter almost tripled (by 2.94 times) y-o-y at Rs 134.96 crore (127.4 percent of TIO) as compared to Rs 45.85 crore (83.2 percent of TIO) in Q2-16. Cost of Production/Acquisition and Telecast Fees in Q2-17 was Rs 78.55 crore (74.2 percent of TIO), 2.1 percent lower than Rs 80.22 crore (145.6 percent of TIO) in the corresponding year ago quarter.

    Marketing and distribution expense in Q2-17 increased to Rs 19.55 crore as compared to Rs 0.16 crore in Q2-16. Employee Benefit Expense in the current quarter increased 36/9 percent y-o-y to Rs 6.81 crore (6/4 percent of TIO) as compared to Rs 4.97 crore (9 percent of TIO) in Q2-16. Other expenditure in Q2-17 increased 33.8 percent y-o-y to Rs 9.42 crore as compared to Rs 7/04 crore.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Piracy severely dents Balaji consolidated numbers in Q2-17

    Piracy severely dents Balaji consolidated numbers in Q2-17

    BENGALURU: Despite almost doubling of year-over-year consolidated revenue for the quarter ended 30 September 2016 (Q2-17, current quarter), Ekta Kapoor’s Balaji Telefilms Limited (Balaji) reported a consolidated loss of Rs 28 crore, as compared to Profit after tax (PAT) of Rs 3.92 crore for the corresponding year ago quarter. The company attributes higher revenue to four films it released in the half year ended 30 September 2016 (H!-17, current half-year) as compared to no releases in H1-16. Balaji says in its investor presentation that piracy of its movies Great Grand Masti and Udta Punjab led to an approximate loss of Rs 36 crore in revenues, severely impacting its profitability in the period.

    The company reported 1.92 times higher revenue (TIO) in the current quarter at Rs 105.91 crore as compared to Rs 55.08 crore in Q2-16, and comparatively, just a little lower than the Rs 117.38 crore in the immediate trailing quarter Q1-17.

    Consolidated operating loss (negative EBIDTA) in Q2-17 was Rs 26.18 crore as compared to an operating profit (positive EBIDTA) in Q2-16 of Rs 6.33 crore.

    On a standalone basis, Balaji Telefilms Limited (BTL) – the television arm reported lower a net profit of Rs 4.4 crore in the current quarter versus Rs 6.6 crore in the corresponding year ago quarter. Standalone revenues for Q2-17 and Q2-16 were Rs 61.2 crore and Rs 53.2 crore respectively.

    Revenue from BTL’s Commissioned Programs segment in Q2-17 was Rs 60.9 crore, while for Q2-16 it was Rs 48.3 crore. Programming hours for Q2-17 were 231 hours, significantly higher than the 199 hours reported for the corresponding year ago quarter. Net realisation per hour in Q2-17 was higher at Rs 26.3 lakh as compared to Rs 24.2 lakh in Q2-16. Gross margin and gross margin per hour were lower at Rs 14.7 crore and Rs 6.4 lakh in Q2-17 as compared to Rs 16.9 crore and Rs 8.5 lakh in Q2-16 respectively.

    Balaji says that increase in programming hours in this quarter was due to certain special episodes being commissioned during the quarter for its daily soaps; realisation per hour has improved due to better episodic fees; Gross margins have improved this quarter and will continue to improve once the newer shows stabilise. Shows launched post Q2-17 were Naagin 2 on Colors, Chandra Nandni and Pardes Mein Hai Meraa Dill on Star Plus.

    Revenue from Balaji’s digital business – ALT- was Nil as the company is getting ready to launch commercial services in early Q4 FY17. Other Income from ALT was Rs 3.3 crore in the current quarter as compared to Nil in Q2-16.

    Revenue from Balaj’s movie business for Q2-17 was Rs 43.2 crore against Rs 1.6 crore in Q2-16. The movie business had an operating loss of Rs 28 crore in the current quarter. Operating loss in the corresponding year ago quarter was Rs 4.2 crore. Total amount invested as of 30 September 2016 in movies that are under production was Rs 44.1 crore says the company.

    Total Expenditure in the current quarter almost tripled (by 2.94 times) y-o-y at Rs 134.96 crore (127.4 percent of TIO) as compared to Rs 45.85 crore (83.2 percent of TIO) in Q2-16. Cost of Production/Acquisition and Telecast Fees in Q2-17 was Rs 78.55 crore (74.2 percent of TIO), 2.1 percent lower than Rs 80.22 crore (145.6 percent of TIO) in the corresponding year ago quarter.

    Marketing and distribution expense in Q2-17 increased to Rs 19.55 crore as compared to Rs 0.16 crore in Q2-16. Employee Benefit Expense in the current quarter increased 36/9 percent y-o-y to Rs 6.81 crore (6/4 percent of TIO) as compared to Rs 4.97 crore (9 percent of TIO) in Q2-16. Other expenditure in Q2-17 increased 33.8 percent y-o-y to Rs 9.42 crore as compared to Rs 7/04 crore.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Box Office: Rajinikanth’s ‘Kabali’ opens weak; ‘Sultan’ continues to earn big

    Box Office: Rajinikanth’s ‘Kabali’ opens weak; ‘Sultan’ continues to earn big

    MUMBAI: Madaari, starring Irrfan Khan and Jimmy Shergill, was expected to draw a fair number of viewers as both enjoy a good following. The film in itself did not provide anything new and came across as a mix of few recent films. Also, for a film aimed at the multiplex audience, the title, Madaari, sounded quite outlandish!

    Not able to raise curiosity, the film managed a weak opening at the box office not improving thereafter to end its opening weekend with Rs 8.3 crore.

    *M Cream went unnoticed.

    *Kabali (Hindi-Dubbed from Tamil), gets a lot of media hype with the media not bothering about Rajinikanth films vis a vis Hindi film audience; in that, he commands no following here as such, neither in dubbed films nor he did in original Hindi films.

    Also, filmmaking has moved on which includes the South Indian industry. The concepts have changed now and filmmaking has become technology oriented as special effects have become easier to incorporate. In such an event, you wonder at Kabali which sells the same Rajinikanth being sold since decades; only, here he is much diluted one thanks to age. The film has no gimmickry or gestures associated with Rajinikanth and hand to hand fights are avoided. Compare this to another south Indian film Bahubali,with its youthful star cast, larger than life canvass and special effect wizardry. No use taking viewers for granted, even Rajini fans.

    Since the ticket buying moviegoer is immune to such hypes, the film had a low opening response with footfalls varying from 10/15 per cent to 25 per cent and the figures reflecting the fact. The film collected about 3 crore on day one with a negligible raise on days two and three.

    The film collected Rs. 12.7 crore for its opening weekend despite an extensive release with over 1000 screens.

    *Great Grand Masti fails to add much to its opening weekend figures of 7.8 crore. With the rest of the four days of the week collecting just Rs 4.7 crore to take its first week total to Rs 12.5 crore.

    *With an open field and Salman as main attraction, Sultan continues to hold its own as the film collects Rs 277.96 crore at the end of its second week (16 days. The film adds another Rs 11.09 crore for its third weekend taking its 19 day total to Rs 289.05 crore.

  • Box Office: Rajinikanth’s ‘Kabali’ opens weak; ‘Sultan’ continues to earn big

    Box Office: Rajinikanth’s ‘Kabali’ opens weak; ‘Sultan’ continues to earn big

    MUMBAI: Madaari, starring Irrfan Khan and Jimmy Shergill, was expected to draw a fair number of viewers as both enjoy a good following. The film in itself did not provide anything new and came across as a mix of few recent films. Also, for a film aimed at the multiplex audience, the title, Madaari, sounded quite outlandish!

    Not able to raise curiosity, the film managed a weak opening at the box office not improving thereafter to end its opening weekend with Rs 8.3 crore.

    *M Cream went unnoticed.

    *Kabali (Hindi-Dubbed from Tamil), gets a lot of media hype with the media not bothering about Rajinikanth films vis a vis Hindi film audience; in that, he commands no following here as such, neither in dubbed films nor he did in original Hindi films.

    Also, filmmaking has moved on which includes the South Indian industry. The concepts have changed now and filmmaking has become technology oriented as special effects have become easier to incorporate. In such an event, you wonder at Kabali which sells the same Rajinikanth being sold since decades; only, here he is much diluted one thanks to age. The film has no gimmickry or gestures associated with Rajinikanth and hand to hand fights are avoided. Compare this to another south Indian film Bahubali,with its youthful star cast, larger than life canvass and special effect wizardry. No use taking viewers for granted, even Rajini fans.

    Since the ticket buying moviegoer is immune to such hypes, the film had a low opening response with footfalls varying from 10/15 per cent to 25 per cent and the figures reflecting the fact. The film collected about 3 crore on day one with a negligible raise on days two and three.

    The film collected Rs. 12.7 crore for its opening weekend despite an extensive release with over 1000 screens.

    *Great Grand Masti fails to add much to its opening weekend figures of 7.8 crore. With the rest of the four days of the week collecting just Rs 4.7 crore to take its first week total to Rs 12.5 crore.

    *With an open field and Salman as main attraction, Sultan continues to hold its own as the film collects Rs 277.96 crore at the end of its second week (16 days. The film adds another Rs 11.09 crore for its third weekend taking its 19 day total to Rs 289.05 crore.

  • Box Office : ‘Great Grand Masti’ fails; ‘Sultan’ continues its rule

    Box Office : ‘Great Grand Masti’ fails; ‘Sultan’ continues its rule

    MUMBAI: Great Grand Masti turns out to be one massive PJ; on its makers really, as the moviegoers rejected it from day one, show one. This is one film that fails to cash in on the brand equity built by its previous two installments, Masti and Grand Masti, both of which had fared reasonably well.

    Lacking a single moment of fun and laughter, original or borrowed, the film opens to poor houses and ends its opening weekend with a poor 7.8 crore.

    *The long wait by the exhibition trade, especially the multiplex chains who need to feed multiple screens at each property every week, finally fructifies with Salman Khan’s Eid ul Fitr release, Sultan. This Salman film also justifies the trade’s faith in his films.

    Sultan was planned to release on the Eid day but, Eid falling one day later did not in any way affect the film’s opening day draw, which was also thanks partly to an unprecedented advance booking and also to enhanced admission rates as the film closed its day one with 36.54 crore. It went ahead to end its five day extended weekend with 180.36 crore and the nine day week with 229.16 crore mark.

    The film maintained well in its second week, which is as good as an open week with virtually no opposition from the solo release of the week, Great Grand Masti. It has added 34.07 crore during its second weekend to take its 12 day tally to 263.23 crore.

    Rest of the inconsequential films, released during the Ramzan month and before that, have generally been losers.

  • Box Office : ‘Great Grand Masti’ fails; ‘Sultan’ continues its rule

    Box Office : ‘Great Grand Masti’ fails; ‘Sultan’ continues its rule

    MUMBAI: Great Grand Masti turns out to be one massive PJ; on its makers really, as the moviegoers rejected it from day one, show one. This is one film that fails to cash in on the brand equity built by its previous two installments, Masti and Grand Masti, both of which had fared reasonably well.

    Lacking a single moment of fun and laughter, original or borrowed, the film opens to poor houses and ends its opening weekend with a poor 7.8 crore.

    *The long wait by the exhibition trade, especially the multiplex chains who need to feed multiple screens at each property every week, finally fructifies with Salman Khan’s Eid ul Fitr release, Sultan. This Salman film also justifies the trade’s faith in his films.

    Sultan was planned to release on the Eid day but, Eid falling one day later did not in any way affect the film’s opening day draw, which was also thanks partly to an unprecedented advance booking and also to enhanced admission rates as the film closed its day one with 36.54 crore. It went ahead to end its five day extended weekend with 180.36 crore and the nine day week with 229.16 crore mark.

    The film maintained well in its second week, which is as good as an open week with virtually no opposition from the solo release of the week, Great Grand Masti. It has added 34.07 crore during its second weekend to take its 12 day tally to 263.23 crore.

    Rest of the inconsequential films, released during the Ramzan month and before that, have generally been losers.

  • Great Grand Masti….Greater disappointment!

    Great Grand Masti….Greater disappointment!

    MUMBAI: Indra Kumar acted in and made a few Gujarati films in the era of tax exemption and subsidy offered by the Gujarat government to promote Gujarati films. Indra’s forte in those days was to thrive on vulgar gestures and double meaning dialogue. It worked because Gujarati films catered mainly to a certain level of audience. He also came to be called the Dada Kondke (the legendary Marathi filmmaker) of Gujarati films. Indra directed some notable films in Hindi with top stars.

    With corporate studios calling shots and stakes gone sky-high, survival for independent filmmakers became impossible. Indra decided to go back to his Kondke style of film making starting with Masti (2004), followed by Grand Masti (2013) to now come up with the third part of his Masti series with Great Grand Masti.

    The Great Grand Masti has the same agenda as its earlier versions which is to weave a comedy around vulgarity. The male and female anatomy is the theme around which the makers plan to play. To this end, Indra lets loose his three generally out of work male characters from his earlier films, Riteish Deshmukh, Aftab Shivdasani and Vivek Oberoi. All that these three have in mind is sex 24×7. It oozes from all their actions.

    All three are married to very revealing and willing girls but all three girls carry excess baggage which keeps the trio from getting anywhere close to their spouses. Since the lads are desperate for sex and their own women are not available to them, they need to look elsewhere. They decide to embark on a village where Riteish has a palatial property to sell.

    The makers think it is time to make this film hattke from the earlier two. So the angle of paranormal is added to consolidate the comedy. This is rare because paranormal on its own has few takers in Hindi films, let alone with a blend of comedy. Last one in memory is late producer-actor Deven Verma’s Bhaago Boot Aaya, inspired from a James Hadley Chase novel, Miss Shumway Waves A Wand. But, to a disastrous results.

    In absence of a script or good gags, Indra lets his three non-actors loose on the screen as they start with trying to seduce the sexy maid, Urvashi Rautela, at the palatial house and, later, to save their lives when they realize that the maid is a ghost waiting to be seduced for the last 50 years! The hide n seek between the guys and ghost is meant to be funny but it is not and falls flat. In its 127 minute duration, the only funny scene the film has is of Viagra aftereffect which, again, has been lifted from Mel Brook’s comedy, History Of The World (1981). And, that too has been killed by stretching it too far.

    The film is a poor specimen of comedy, entertainment or whatever it may be called. Nothing works here. The performers keep to their reputation and don’t act; over two hours of buffoonery is what they resort to.

    The film is poor on all counts and has no hopes at the box office.

    Producers: Shobha Kapoor, Ekta Kapoor, Sameer Nair, Aman Gill, Ashok Thakeria, Sri Adhikari Brothers, Anand Pandit.

    Director: Indra Kumar.

    Cast: Ritesh Deshmukh, Vivek Oberoi, Aftab Shivdasani, Urvashi Rautela, Pooja Bose, Amar Saxena, Sanjay Mishra, Shreyas Talpade.

  • Great Grand Masti….Greater disappointment!

    Great Grand Masti….Greater disappointment!

    MUMBAI: Indra Kumar acted in and made a few Gujarati films in the era of tax exemption and subsidy offered by the Gujarat government to promote Gujarati films. Indra’s forte in those days was to thrive on vulgar gestures and double meaning dialogue. It worked because Gujarati films catered mainly to a certain level of audience. He also came to be called the Dada Kondke (the legendary Marathi filmmaker) of Gujarati films. Indra directed some notable films in Hindi with top stars.

    With corporate studios calling shots and stakes gone sky-high, survival for independent filmmakers became impossible. Indra decided to go back to his Kondke style of film making starting with Masti (2004), followed by Grand Masti (2013) to now come up with the third part of his Masti series with Great Grand Masti.

    The Great Grand Masti has the same agenda as its earlier versions which is to weave a comedy around vulgarity. The male and female anatomy is the theme around which the makers plan to play. To this end, Indra lets loose his three generally out of work male characters from his earlier films, Riteish Deshmukh, Aftab Shivdasani and Vivek Oberoi. All that these three have in mind is sex 24×7. It oozes from all their actions.

    All three are married to very revealing and willing girls but all three girls carry excess baggage which keeps the trio from getting anywhere close to their spouses. Since the lads are desperate for sex and their own women are not available to them, they need to look elsewhere. They decide to embark on a village where Riteish has a palatial property to sell.

    The makers think it is time to make this film hattke from the earlier two. So the angle of paranormal is added to consolidate the comedy. This is rare because paranormal on its own has few takers in Hindi films, let alone with a blend of comedy. Last one in memory is late producer-actor Deven Verma’s Bhaago Boot Aaya, inspired from a James Hadley Chase novel, Miss Shumway Waves A Wand. But, to a disastrous results.

    In absence of a script or good gags, Indra lets his three non-actors loose on the screen as they start with trying to seduce the sexy maid, Urvashi Rautela, at the palatial house and, later, to save their lives when they realize that the maid is a ghost waiting to be seduced for the last 50 years! The hide n seek between the guys and ghost is meant to be funny but it is not and falls flat. In its 127 minute duration, the only funny scene the film has is of Viagra aftereffect which, again, has been lifted from Mel Brook’s comedy, History Of The World (1981). And, that too has been killed by stretching it too far.

    The film is a poor specimen of comedy, entertainment or whatever it may be called. Nothing works here. The performers keep to their reputation and don’t act; over two hours of buffoonery is what they resort to.

    The film is poor on all counts and has no hopes at the box office.

    Producers: Shobha Kapoor, Ekta Kapoor, Sameer Nair, Aman Gill, Ashok Thakeria, Sri Adhikari Brothers, Anand Pandit.

    Director: Indra Kumar.

    Cast: Ritesh Deshmukh, Vivek Oberoi, Aftab Shivdasani, Urvashi Rautela, Pooja Bose, Amar Saxena, Sanjay Mishra, Shreyas Talpade.

  • ‘Great Grand Masti’s first look leaves the audience spell bound

    ‘Great Grand Masti’s first look leaves the audience spell bound

    MUMBAI: Sri Adhikari Brothers and Anand Pandit, joint producers of Great Grand Masti along with ALT entertainment and Maruti international, have revealed the first look of the much awaited installment of the super successful movie franchise- Masti which is directed by the renowned director -Indra Kumar. The event was a full house, packed with the awesome threesome- Riteish Deshmukh, Aftab Shivdasani and Vivek Oberoi starring in the movie and a hoard of attendees that were left spell bound.

    The third installment of the popular movie franchisee is all set to release on July 22.
    Bollywood’s first tryst with screwball comedy, Masti, was a super hit. It tickled the funny bone and still struck an emotional chord with the audiences.

    Anand Pandit said, “With Great Grand Masti we promise to take entertainment to the next level with a surprise supernatural twist to the story. The latest movie will see the entry of ravishing beauty and supermodel Urvashi Rautela.”

    While the first movie focused on how an attempt to spice up their life by having extra-marital affairs made the lives of the protagonist hell, the second part was known for its slapstick humor.

    Talking on the occasion, Indra Kumar stated, “Sri Adhikari Brothers have been the pioneers in comedy content creation. I would like to express my heartfelt gratitude to Sri Adhikari Brothers and Anand Pandit.”

    Sri Adhikari Brothers vice president and managing director Markand Adhikari stated “The Masti franchise has always been one that is to be watched out for and we are positive that the audiences will enjoy the movie. I am glad that our association will extend, as we initiate work on the sequel of Sanjay Dutt starrer Dhamaal series – “Total Dhamaal”.”

  • ‘Great Grand Masti’s first look leaves the audience spell bound

    ‘Great Grand Masti’s first look leaves the audience spell bound

    MUMBAI: Sri Adhikari Brothers and Anand Pandit, joint producers of Great Grand Masti along with ALT entertainment and Maruti international, have revealed the first look of the much awaited installment of the super successful movie franchise- Masti which is directed by the renowned director -Indra Kumar. The event was a full house, packed with the awesome threesome- Riteish Deshmukh, Aftab Shivdasani and Vivek Oberoi starring in the movie and a hoard of attendees that were left spell bound.

    The third installment of the popular movie franchisee is all set to release on July 22.
    Bollywood’s first tryst with screwball comedy, Masti, was a super hit. It tickled the funny bone and still struck an emotional chord with the audiences.

    Anand Pandit said, “With Great Grand Masti we promise to take entertainment to the next level with a surprise supernatural twist to the story. The latest movie will see the entry of ravishing beauty and supermodel Urvashi Rautela.”

    While the first movie focused on how an attempt to spice up their life by having extra-marital affairs made the lives of the protagonist hell, the second part was known for its slapstick humor.

    Talking on the occasion, Indra Kumar stated, “Sri Adhikari Brothers have been the pioneers in comedy content creation. I would like to express my heartfelt gratitude to Sri Adhikari Brothers and Anand Pandit.”

    Sri Adhikari Brothers vice president and managing director Markand Adhikari stated “The Masti franchise has always been one that is to be watched out for and we are positive that the audiences will enjoy the movie. I am glad that our association will extend, as we initiate work on the sequel of Sanjay Dutt starrer Dhamaal series – “Total Dhamaal”.”