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Tag: movies

  • Tollywood to woo Telugu movie lovers

    Tollywood to woo Telugu movie lovers

    MUMBAI: After Hindi films, south Indian movies occupy the largest share of the Indian market and going by Deloitte, Andhra Pradesh happens to be one of the biggest contributors down south.

     

    Looking to carve a niche in the Rs 1750 crore Telugu film industry aka Tollywood is the Tollywood Channel, a general entertainment channel focused on films, launched in August last year.

     

    With nearly 250 films certified each year, the channel plans to differentiate itself by running regular film news and bulletins. “Andhra people are keen to know about the pre- and post- happenings of films but unfortunately, no one is bringing them such news except for certain magazines. Tollywood Cinema aims to bridge this gap,” says Tollywood Channel MD Seetaram Avvas.

     

    Funded by construction and infrastructure major Agri Gold Group, which has invested close to Rs 100 crore in the channel, Tollywood Cinema has adopted an appointment viewing strategy targeting mainly females in the 15+ age group as well as youth interested in movies.

     

    Current shows include a cookery show called Tollywood Vantakam, a dance show named Ragada and a celebrity cricket show. New shows in the pipeline include Brain of Tollywood with SP Balasubramanayam, Antakshari with singer Sunita and game show Ravamma Mahalaxmi with Ashwini. Two new sitcoms – Kishkinda and Chitram Bhalare Victram – are also lined up.

     

    Presently, the focus is Telugu movies but the channel plans to foray into other language films as well. A relative newcomer, Tollywood Channel is confident of not only becoming popular but also generating a good turnover.

     

    “The GEC market space is close to Rs 600 crores and we plan to become a Rs 100 crore channel within three years. For this year, the target is Rs 25 crores. We also plan to bring in some new fiction shows,” says Avvas.

     

    Informing that the channel is presently following the Telecom Regulatory Authority of India’s (TRAI) 12 minute ad cap regulation, he adds: “We are eagerly looking forward to what the Broadcast Audience Research Council (BARC) will be coming out with. The furore over TV ratings is a transitory setback and a temporary phase.”

     

    As far as advertisers go, the Tatas are already on board and discussions are on with the likes of Hindustan Unilever, PG, RB GSK and Cadbury among others. A 30 second slot would cost anywhere between Rs 4000 and Rs 5000. Mediahouse Entertainment is handling adsales while creative is being taken care of in-house.

     

    Available with MSOs such as Hathway and Digicable, plans are being firmed up for availability on the DTH platform.

  • Sony Pix presents Pix Premiere Nights

    Sony Pix presents Pix Premiere Nights

    Sony PIX, India’s premium Hollywood movie channel is geared up for the biggest amazement yet again! The channel is all set to make you go ‘Wow’ with an exciting proposition for its viewers on February 13 – PIX PREMIERE NIGHTS with the latest movie –‘ROBOCOP’
     

    PIX PREMIERE NIGHTS, is a unique proposition for the viewers to exclusively watch the premiere of the latest Hollywood movies before its theatrical release in India. Sony PIX will present this exclusive opportunity to its viewers to experience the thrill of a Hollywood blockbuster movie a day before its release in Indian theatres. The lucky few who win this contest stand a chance to win couple invites to the exclusive premiere of the summer blockbuster movie ROBOCOP.

     

    Commenting on this initiative, Neville Bastawalla – Marketing Head, Sony PIX says, “As part of our brand promise ‘Stay Amazed’, we push ourselves to being true to this promise. PIX Premiere Nights is one such brand deliverable that delivers this promise and will be a key tent pole on the channel. PIX PREMIER NIGHTS GIVES VIEWERS A CHANCE TO WATCH MEGA BLOCKBUSTERS month on month before India does in theaters, a day before the release. This also addresses strong viewer needs, giving our viewers badge value and flaunt value amongst their peers. It’s actually like secret screening of movies for select elite before the masses can see the movie. Also the scale across 6 cities is truly one of a kind by any English movie channel in India.

     
    From January 24th, a TAB on Sony PIX Facebook page gave the fans a chance to enter the contest and win tickets to watch the action – packed movie on February 13th, a day before anyone in India does. Viewers can also enter the contest by giving a missed call on 1800 3000 1140. 1200 tickets will be up for grabs as the contest will be run in 6 cities (Mumbai, Delhi, Bangalore, Pune, Hyderabad and Ahmedabad).

     

    PIX Premier Nights is presented by Fair and Lovely Max Fairness.  

     

    Get ready for the biggest amazement with PIX PREMIERE NIGHTS and watch ROBOCOP before anyone in India does only with SONY PIX

  • Balaji Telefilms television segment reports PAT for Q3-2014

    Balaji Telefilms television segment reports PAT for Q3-2014

    BENGALURU: The blue eyed entity of the Indian media and entertainment industry Balaji Telefilms Limited (Balaji) Television content production segment reported a standalone PAT of Rs 1.66 crore for Q3-2014, more than double the Rs 0.80 crore for the immediate preceding quarter (Q2-2014), but a little less a third (33.5 per cent) of the Rs 4.94 crore which included a negative tax figure that added to the profit by Rs 1.18 crore during Q3-2013. 

     

    Television entertainment has been the foundation stone for Balaji Telefilms Limited (BTL). This segment saw a growth of 41.7 per cent in commissioned programming to 173 hours during Q3-2014 as compared to the 123 hours during the immediate trailing quarter and 18.5 per cent as compared to the 146 hours during Q3-2013. Revenue realised per hour dipped to Rs 21.18 lakh (100 lakh = 1 crore) for Q3-2014 from Rs 23.10 lakh during Q2-2014 and was 2.8 per cent lower than the Rs 21.79 lakh realised during Q3-2013. 

     

    With no movies released during the quarter, overall, the company reported a consolidated loss of Rs (-5.75) crore for Q3-2014, the sole contributor to the loss being its Motion Picture business ­ Balaji Motion Pictures Limited (BMPL), with a loss of Rs (- 7.56 crore). Four movies, from the movies under production, are likely to be released between February and April 2014 – Shaadi Ke Side Effects, Raagini MMS 2, Main Tera Hero and Kuku Mathur Ki Jhand Ho Gayi. This segment had contributed Rs 11.81 crore to the Rs 12.32 crore PAT reported by Balaji during Q2-2014. 

     

    Balaji’s third revenue segment – BOLT Media Limited (BOLT) returned a PAT of Rs 0.14 crore during Q3-2014 as compared to a loss of Rs (-0.32) crore for Q2-2014. 

     

    Let us look at the other results declared by Balaji Telefilms

     

    The company reported consolidated income from operations of Rs 43.22 crore for Q3-2014 as compared to the Rs 194.62 crore during the immediate trailing quarter and the Rs 46.6 crore reported for Q3-2013.  

     

    Increase in stock in trade by Rs 13.74 crore during Q3-2014 has seen total consolidated expenditure figures (on paper) dip to Rs 49.83 crore. During Q2-2014, decrease in stock in trade of Rs 93.77 crore had increased the total expenditure to Rs 185.09 crore during Q2-2014, while an increase in stock in trade of Rs 15.23 crore had reduced the total expenditure to Rs 40.88 crore during Q3-2013.

     

    Production cost for movies and serials during Q3-2014 at Rs 51.49 crore was six per cent less than the Rs 54.82 crore during Q2-2014, but 14.5 per cent higher than the Rs 44.96 crore during Q3-2013. Marketing  and distribution expense for Q3-2014 at Rs 1.09 crore was just a small fraction of the Rs 23.81 crore spent during Q2-2014 and two and a half times the Rs 0.5 crore spent during Q3-2013.

     

    Revenue from operations from Balaji’s Television content production segment was up 50 per cent at Rs 37.80 crore for Q3-2014 as compared to the Rs 25.25 crore during Q2-2014 and 16.4 per cent more than the Rs 32.48 crore during Q3-2014. Total Operating revenue from this segment was Rs 38.75 crore for Q3-2014, Rs 30.33 crore for Q2-2014 and Rs 33.32 crore for Q3-2013. 

     

    Cost of production for the television segment during Q3-2014 was up 23.6 per cent at Rs 31.19 crore as compared to the Rs 25.25 crore during Q2-2014 and 25.2 per cent higher than the Rs 24.92 crore during Q3-2013. 

     

    BMPL reported operating revenue of Rs 1.13 crore for Q3-2013 as compared to the Rs 165.05 crore for Q2-2014 and Rs 13.25 crore during Q3-2013. BMPL’s expenditure for Q3-2014 was Rs 8.72 crore for Q3-2014, Rs 172.4 crore during Q2-2014 and Rs 29.73 crore during Q3-2013. As mentioned above this segment has reported a loss of Rs (-7.56 crore) during Q3-2014. 

     

    Balaji says that Production cost for this segment comprises of old films inventory amortisation, marketing and distribution expenses of future releases. Balaji’s two releases during the second quarter of 2014 – Lootera and Once upon a Time in Mumbai Dobaara were declared ‘Average’ and ‘Flop’ respectively at the Box Office. 

     

    BOLT reported revenue of Rs 3.37 crore and a total expenditure of Rs 3.33 crore during Q3-2014.

     

    Click below for:-

    Balaji Telefilms Financials

    Balaji Telefilms Investor Presentation

  • Avian Media further strengthens leadership team in Mumbai

    Avian Media further strengthens leadership team in Mumbai

    MUMBAI: With an aim to further strengthen its consumer practice in Mumbai, Avian Media has appointed Shalmana Tendulkar as Group Business Director, Consumer practice.

     

    Shalmana brings wealth of knowledge and domain experience of over 17 years. Having worked as an independent consultant and with agencies, Shalmana has in-depth knowledge of the media and broadcast industry having consulted general entertainment channels (GEC), news channels, radio channels, as well as niche channels in the action, movie, music and kids genre. Shalmana has also led publicity of feature films and managed celebrity brands.

     

    Over the years, Shalmana has also worked on consumer brands, having handled campaigns for large FMCG companies like HUL, Kellogg’s and Colgate. Adding to her dynamic portfolio, Shalmana has a number of special events like the tours of Def Leppard, Ricky Martin and Elton John to her credit.

     

    Nitin Mantri, CEO, Avian Media, said: “We are very pleased to have Shalmana join our growing Mumbai office. With her vast experience and expertise, we hope to boost the capability of our already successful consumer practice. Over the years, while working with some of the leading consumer brands, we have built the right talent and expertise to deliver successful PR campaigns for our clients. Under Shalmana’s tutelage, we will continue to accelerate this growth and deliver impactful campaigns for our clients.”

     

    Commenting on the appointment, Shalmana Tendulkar, said, “I am really excited to be a part of Avian Media and its talented team that has a proven track record of delivering successful PR campaigns and servicing standards. Avian Media is currently well positioned to write a new chapter in the growth story and I look forward to contribute to the augmentation of the firm by expanding the Consumer practice offerings.”

     

    In her role as the Group Business Director of the consumer practice at Mumbai office of Avian Media, Shalmana will bring in a renewed focus and direction to the existing client campaigns, harnessing the in-house talent and growing client base in the vertical.

  • New shows, movies and exciting contests all month long on Cartoon Network & POGO

    New shows, movies and exciting contests all month long on Cartoon Network & POGO

    MUMBAI: Turner International India is pulling out all the stops to continue its reign in 2014 in the kids’ genre with new content, magnanimous contests and ultimate entertainment on POGO and Cartoon Network! Kids are in for an unbridled dose of humour, adventure and excitement with new and popular characters!

     

    CARTOON NETWORK

     

    Defeat bad guys and win loads of prizes this Republic Day by tuning-in to special Roll No. 21 and Oggy and the Cockroaches episodes all day long! That’s not all! Every half an hour kids will get a chance to win exciting prizes on the Republic Day weekend. All they have to do is tune in to Cartoon Network from 12pm onwards on January 25 & 26, 2014 to win the treasured prizes.

    Be ready to enjoy Fridays like never before with Oggy’s Fun Friday. Get a chance to win a fun day out with your friends at the movies, shop till you drop, eat out with your friends and many more prizes including exclusive Cartoon Network merchandise. All kids have to do is tune-in to Cartoon Network every Friday throughout the month from 1pm onwards and answer the simple game based questions!

    Bringing kids more of their favourite shows, new episodes of Roll No. 21 continue to air at 1pm, Oggy and the Cockroaches wreck mayhem at 5pm and Cartoon Network Popcorn entertains with the best movies on weekends at 12pm. For more fun, keep tooning in to Cartoon Network and www.cartoonnetworkindia.com.

    POGO
     
    POGO has a new superhero this year who is cute, funny, naughty and haughty. Catch the adventures of Obochama Kun, a brand new series every Monday to Friday at 12pm on POGO.

    It’s double celebrations on POGO on January 26, 2014. In addition to celebrating Republic Day, POGO is also premiering a new movie called Chhota Bheem – Neeli Pahaadi at 12pm! Kids can also win exciting merchandise by participating in the Republic Day contest from January 20-26 every day from 10am onwards only on POGO.

    Everyone’s favourite laddoo-eating superhero Chhota Bheem has nonstop entertainment in store for his fans. Tune in to the Chhota Bheem Film Festival on POGO from January 15 to 25 every day at 5pm for back-to-back movies.

    Krishna Desai, Sr. Director & Network Head – Kids, South Asia, Turner International India Pvt. Ltd. said, “Every year we aim to bring shows and characters that captivate and entertain children. This year as well, we have an exciting blend of new and popular shows, movies and franchises coupled with engaging contests and online activations that is sure resonate with kids. We are thrilled to be the genre leader in 2013 and will make every stride to ensure the same in 2014.”   

    So buckle your seatbelt because it is going to be an exhilarating ride replete with new shows and movies, exciting contest with over the top prizes and more of your favourite cartoons!

     

  • The year of big movie acquisitions

    The year of big movie acquisitions

    By Neeraj Vyas

    If we were to reflect on the landmark moments of 2013, we could proudly say that it has been an impactful year with many highs. To start off, Indian Cinema celebrated 100 years of diverse and distinctive movies. It is a momentous occasion for the world’s largest producer of feature films with over 1200 releases a year in more than 25 languages. The casts got bigger, the designing of the film got more glamorous, the locations more exotic and the technical values are at par with anywhere else in the world.  

    On the flip side, most of this additional cost was passed on the broadcaster and acquisitions became hugely expensive. Surprisingly, these high costs have not deterred many broadcasters from acquiring big banner films at pre-production stage even though it is almost impossible to gauge how well the film will be received by television audiences. In future, movie deals will probably be governed by the revenue generated at the box office.

    On the digital front too, the channel focused on building its brand equity and connect, apart from trying to keep strengthening the positioning of the brand.With competition within channels heating up to garner maximum viewership, the stakes attached to such upmarket films has evolved to be much more complicated than it has been in previous years. Marketing budgets for the television premiers of these films is something which has seen a huge increase with each channel upping the level of spends and trying to be distinctively innovative with each premier. For Aashiqui 2, the biggest romantic musical of the year, at MAX, we raised the bar for marketing innovations across all mediums of communication. The channel engaged with its viewers across all platforms – print, online and outdoors raising to a crescendo with the stars of the movie engaging with some lucky viewers thereby creating a much required stickiness for the brand. The main aim was to attract fresh viewers and entice older ones to watch the film again.

    The digital space is constantly evolving and our endeavour is to customise everything we do on the digital platform. Some of the innovations on the social platform were the IPL Jhumping Jhapak app. Also, MAX was the first Hindi movie channel to integrate live tweets on Jab Tak Hai Jaan.

    From an overall industry perspective, I feel the highpoint was the rollout of digitisation across the country in phases. Although much delayed and slower than anticipated, it opened out a whole new opportunity for channels to increase shelf space. The proposed ad cap pushed many networks to launch new channels to adequately maximise their inventory supply. At MAX, our focus was to consciously deliver better films and energise the brand to engage with our loyal viewers.  

    Looking forward, the film channels will also need to re-evaluate the way advertising is sold so that the true value is gained in return for the delivery of this product to large chunks of audiences.

    (Neeraj Vyas is senior VP and business head, Sony Max. The views expressed in the above article are the author’s personal views)

  • Movies, celebrities and songs were the top Google searches of the year

    Movies, celebrities and songs were the top Google searches of the year

    MUMBAI: This year, the number of people searching for Sunny Leone was much more than actors like Salman Khan and Katrina Kaif and cricket maestro Sachin Tendulkar, making the adult film star the most searched personality this year, reveals Google India’s annual Zeitgeist.

     

    Google India today announced its annual Year End Zeitgeist that takes a look at 2013 through the collective eyes of the world on the web. Zeitgeist offers a unique perspective on the year’s major events and hottest trends, based on Google searches conducted in India.

     

    This year, searches for Bollywood hits and the Indian Premier League topped the trending charts, showing that Indians’ first love, as ever, is for stars, movies, cricket and songs. Actor Shah Rukh Khan was fifth in the list, followed by singer Honey Singh, south Indian film actress Kajal Agarwal, Kareena Kapoor, Sachin Tendulkar and Poonam Pandey.

     

    SRK starrer-Chennai Express topped the Zeitgeist chart, followed by IPL 2013 and the musical blockbuster Aashiqui 2.

     

    Narendra Modi, who with his political campaigns made much noise all across in the country also  emerged the leader in the most searched news category. Other popular searches in the news category were Blackberry phones, Rahul Dravid, Saina Nehwal and Vijay Mallya.

     

    Local entertainment was also popularly searched on mobile this year. Top three searches on mobile were restaurants, bars and movies followed by coffee, cricket score and fast food.

     

    The report reveals that there was an uptick in searches for e-commerce sites. Flipkart and Olx.com were the most searched as online shopping sites.

     

    “From a search trends perspective, 2013 was clearly the year of entertainment. Online shopping, banking and e-commerce also continued their upward trend – a clear testimony to Indians embracing online transactions,” said Google India VP and Managing Director (Sales and Operations) Rajan Anandan.

  • TimesCity launches new app for Android, iOS platforms

    TimesCity launches new app for Android, iOS platforms

    MUMBAI: Timescity.com, a lifestyle portal of Times Internet, has launched a whole new experience around its iPhone and Android Apps. It enables consumers to discover the best restaurants, movies, events, and nightlife in their city. It’s a quick, easy and smart location-based app with the most relevant and updated information on what’s happening in your city.

    The app features listings and recommendations based on location, type of event, and must-try and must-do things in and around the location of the users. The users can search and filter based on their preference of distance, ratings and price. It covers almost everything that comes under entertainment – new taste, flick, gig, or anything else.

    The app is available for download on the Google Play store, Apple Appstore (iOS) and Blackberry World.

  • Comic Con India brings mingled fun of Movies and Comics to fans with 2nd Edition of Mumbai Film & Comics Convention

    Comic Con India brings mingled fun of Movies and Comics to fans with 2nd Edition of Mumbai Film & Comics Convention

    MUMBAI: The 2nd edition of ‘Mumbai Film & Comics Convention’, an event dedicated to comics, films and everything in between is all set to enthuse fans in Mumbai by bringing one of the biggest pop culture event of the year.. 2nd Mumbai Film and Comic Con is going to be held between December 21-22’ 2013 at Bombay Exhibition Centre, Goregaon, Mumbai.

    With the increasing synergy between films and comics, Comic Con India found Mumbai to be the ideal place to introduce the brand new convention, and introduced ‘Mumbai Film & Comics Convention’ last year.

    Jatin Varma, Founder, Comic Con India, shared, “We head in to our 3rd year in Mumbai bigger & better than ever before! This is the biggest convention we have ever organized, with tons of new exhibitors, activities and exclusives! We hope to party all weekend with Mumbaikars this December!.”

    Comic Con India as always is planning a whole slew of activities for Mumbai Film and Comics Convention (MFCC), ranging from workshops to interactive sessions, display and sale of a wide range of comics & merchandise, special corners for creating comics and cartoons, Cosplay, Contests, Book launches and lots more with an aim to promote and bring together local, national and international talent in India to generate more interest among fans.

    Cosplay(costume contest),one of the major attractions at Comic Con India, will be more appealing than ever! As it’s Mumbai Film and Comic Con, people will not only get to dress up as their favourite comic character but their favourite movie actor/character as well.

    Comic Con India will continue to give assured prizes to everyone in costume, but now there are 5 categories that have been created to increase one’s chances of winning gifts. Each day, one winner will be chosen from each of five categories:

    1. Comic book/graphic novel
    2.Animated Series/Movie
    3. Manga/Anime
    4. Sci-Fi/Fantasy
    5. Gaming

    Both days, One lucky winner out of the chosen 5 will get the awesome chance to win GOLDEN TICKET TO SINGAPORE TOY, GAME AND COMIC CONVENTION 2014!!

    There are going to be special sessions with the leading artists and writers in the country. There will be special Screening of Burka Avenger followed by q&a with its creator. An exclusive movie session has been planned with Tere Bin Laden Sequel Cast (Manish Paul & Pradyuman Singh) and Abhishek Sharma (Director) for the movie fans at the convention.

    There will more than 10 new titles to be launched at the convention. Few book launches to look out for are Gandhi by Campfire, Shiva – Book III by Vimanika Publishing, The Skull Rosary by Holy Cow Entertainment, Tinkle Hindi Collections by Amar Chitra Katha Publishing, Zombie Rising by Chariot Comics which will be launched by special guest – Luke Kenny (VJ on Channel V and Actor, Rock On) and Munkeeman 3 by Pop Culture Publishing which has been planned to be launched by Creator Abhishek Sharma (Director of Tere Bin Laden) and Special Guest Manish Paul (Actor, Mickey Virus).

    Also, “Wonder Bai” will be relaunched in a brand new avatar at Mumbai, as the city’s convention’s official mascot.

    The main participants for the Mumbai Film and Comic Con are Amar Chitra Katha, Vimanika Edutainment, Pop Culture Publishing, Manta Ray Comics, Holy Cow Entertainment, Chariot Comics, Campfire Graphic Novels, Macmillan Publishing, Harper Collins Publishers India, Mario Miranda Gallery, Orange Radius, DC Comics by Random House India, Meta Desi Comics, Scholastic India, Marvel and Diamond Select Toys.

    Comic Con India is a unique event celebrating the illustrated medium, which brings together the whole comics industry and related fields such as Merchandise, Toys, Games, Films and Animation, along with fans of this culture from all age groups. Now, after years, the comics’ community in India has a platform where they can meet and interact.

    MUMBAI: The 2nd edition of ‘Mumbai Film & Comics Convention’, an event dedicated to comics, films and everything in between is all set to enthuse fans in Mumbai by bringing one of the biggest pop culture event of the year.. 2nd Mumbai Film and Comic Con is going to be held between December 21-22’ 2013 at Bombay Exhibition Centre, Goregaon, Mumbai.

    With the increasing synergy between films and comics, Comic Con India found Mumbai to be the ideal place to introduce the brand new convention, and introduced ‘Mumbai Film & Comics Convention’ last year.

    Jatin Varma, Founder, Comic Con India, shared, “We head in to our 3rd year in Mumbai bigger & better than ever before! This is the biggest convention we have ever organized, with tons of new exhibitors, activities and exclusives! We hope to party all weekend with Mumbaikars this December!.”

    Comic Con India as always is planning a whole slew of activities for Mumbai Film and Comics Convention (MFCC), ranging from workshops to interactive sessions, display and sale of a wide range of comics & merchandise, special corners for creating comics and cartoons, Cosplay, Contests, Book launches and lots more with an aim to promote and bring together local, national and international talent in India to generate more interest among fans.

    Cosplay(costume contest),one of the major attractions at Comic Con India, will be more appealing than ever! As it’s Mumbai Film and Comic Con, people will not only get to dress up as their favourite comic character but their favourite movie actor/character as well.

    Comic Con India will continue to give assured prizes to everyone in costume, but now there are 5 categories that have been created to increase one’s chances of winning gifts. Each day, one winner will be chosen from each of five categories:

    1. Comic book/graphic novel
    2.Animated Series/Movie
    3. Manga/Anime
    4. Sci-Fi/Fantasy
    5. Gaming

    Both days, One lucky winner out of the chosen 5 will get the awesome chance to win GOLDEN TICKET TO SINGAPORE TOY, GAME AND COMIC CONVENTION 2014!!

    There are going to be special sessions with the leading artists and writers in the country. There will be special Screening of Burka Avenger followed by q&a with its creator. An exclusive movie session has been planned with Tere Bin Laden Sequel Cast (Manish Paul & Pradyuman Singh) and Abhishek Sharma (Director) for the movie fans at the convention.

    There will more than 10 new titles to be launched at the convention. Few book launches to look out for are Gandhi by Campfire, Shiva – Book III by Vimanika Publishing, The Skull Rosary by Holy Cow Entertainment, Tinkle Hindi Collections by Amar Chitra Katha Publishing, Zombie Rising by Chariot Comics which will be launched by special guest – Luke Kenny (VJ on Channel V and Actor, Rock On) and Munkeeman 3 by Pop Culture Publishing which has been planned to be launched by Creator Abhishek Sharma (Director of Tere Bin Laden) and Special Guest Manish Paul (Actor, Mickey Virus).

    Also, “Wonder Bai” will be relaunched in a brand new avatar at Mumbai, as the city’s convention’s official mascot.

    The main participants for the Mumbai Film and Comic Con are Amar Chitra Katha, Vimanika Edutainment, Pop Culture Publishing, Manta Ray Comics, Holy Cow Entertainment, Chariot Comics, Campfire Graphic Novels, Macmillan Publishing, Harper Collins Publishers India, Mario Miranda Gallery, Orange Radius, DC Comics by Random House India, Meta Desi Comics, Scholastic India, Marvel and Diamond Select Toys.

    Comic Con India is a unique event celebrating the illustrated medium, which brings together the whole comics industry and related fields such as Merchandise, Toys, Games, Films and Animation, along with fans of this culture from all age groups. Now, after years, the comics’ community in India has a platform where they can meet and interact.

  • Bag Films q-o-q loss up 34% for Q2-2014; Radio segment major contributor to loss

    Bag Films q-o-q loss up 34% for Q2-2014; Radio segment major contributor to loss

    BENGALURU: B.A.G. Films & Media Limited (Bag Films) reported consolidated income from operations of Rs 32.65 crore for Q2-2014 which was 9.7 per cent lower than the Rs 36.13 crore for Q1-2013 and almost flat as compared to the Rs 32.67 crore for Q1-2014. The company reported a 33.8 per cent higher loss at Rs (-4.35) crore for Q2-2014 as compared to the Rs (-3.25) crore for Q1-2014. Bag Films had reported a profit of Rs 5.62 crore for the corresponding quarter of last year (Q2-2013). For FY-2013, Bag Films had reported a loss of Rs (-8.86) crore.

     

    Bag Films’ Radio segment was a major contributor to the loss for Q2-2014. The segment reported revenue of Rs 1.01 crore for Q2-2014, which was 44.4 per cent lower than the Rs 1.82 crore for Q2-2013 and 35.3 per cent lower than the Rs 1.56 crore for Q1-2014.

     

    Bag Films FM Radio segment incurred a massive loss of Rs 1.71 crore (39.3 per cent of total loss) for Q2-2014. FM Radio segment had returned positive results of Rs 0.1257 crore for Q2-2013 and Rs 0.5086 crore for Q1-2014. Bag Films FM Radio segment operates under the brand name ‘Radio dhamaal’ and is available at the frequency of 106.4 and is present in seven states and 10 towns of India.

     

    Let us look at the other consolidated figures reported by Bag Films for Q2-2014

     

    Total expenditure for Q2-2014 at Rs 33.99 crore was one per cent more than the Rs 33.64 crore for Q2-2013 and 1.6 per cent higher than the Rs 33.44 crore for Q1-2014.

     

    Other expense at Rs 26.03 crore for Q2-2014 was eight per cent higher than the Rs 24.09 crore for Q2-2013, but 13.4 per cent lower than the Rs 30.07 crore for Q1-2014.

     

    Finance cost for Q2-2014 at Rs 3.61 crore was 29.4 per cent more than the Rs 2.79 crore for Q2-2013, but 1.9 per cent lower than the Rs 3.68 crore for Q1-2014.

     

    Segment Results

     

    Bag Films operates in five segments: Audio-visual production, Movies, Leasing, FM Radio and Television Broadcasting.

     

    Its audio-visual production segment reported revenue of Rs 12.80 crore for Q2-2014 which was 42.2 per cent more than the Rs 9 crore for Q2-2013 and 28.2 per cent more than the Rs 9.98 crore for Q1-2014. This segment returned positive result of Rs 1.56 crore which was 24.6 per cent lower than the Rs 2.07 crore of the corresponding quarter of last year. The segment had returned negative results of Rs (-0.44) crore for Q1-2014.

     

    Bag Films leasing segment had segment revenue of just Rs 0.1357 crore for Q2-2014 as compared to the Rs 0.1871 crore for Q2-2013 and the Rs 0.4634 crore for Q1-2014. Loss from this segment was another major contributor (26.7 per cent of total loss for the quarter) to the overall loss incurred by the company. For Q2-2014, Bag Films leasing segment reported loss of Rs (-1.16) crore, which was 7.5 per cent lower than the Rs (-1.25) crore for the corresponding quarter of last year about 2.61 times the loss of Rs (-0.44) crore for the immediate trailing quarter.

     

    Bag Films runs News 24 and E24 television channels. Its television broadcasting segment reported 25.6 per cent lower revenue at Rs 18.70 crore as compared to the Rs 25.13 crore for the corresponding quarter of last year and 9.5 per cent lower than the Rs 20.67 crore for Q1-2014. This segment returned a 20 per cent lower positive Rs 7.02 crore as compared to the Rs 8.78 crore for Q2-2013,but 15.3 per cent more than the Rs 6.09 crore for Q1-2014.

     

    The company reported nil results for its Movies segment.