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Tag: Padmaavat

  • Krishna Desai, Joy Bhattacharya and Amber Lall, come together to announce the launch of a creative content powerhouse

    Krishna Desai, Joy Bhattacharya and Amber Lall, come together to announce the launch of a creative content powerhouse

    Mumbai: Former Turner International executive director and head kids vertical for south asia Krishna Desai (KD),  former vice president Endemol Shine India  Joy Bhattacharya, and second unit director for Padmaavat Amber Lall ,recently announced the launch of their newventure, 369 Media & Entertainment is a content powerhouse designed to target the potential of unexplored and compelling storytelling in the burgeoning digital medium.Leveraging their diverse industry expertise, KD, Amber and Joy bring a deep consumer centric content creation ethos coupled with strategic business insights to the venture.

    Speaking about this new venture and its vision, KD said, “During my long stint at across kids and English entertainment brands in various roles, I was fascinated by the nature of massive adoption on-demand video consumption and realised the magnitude of the supply gap of relatable content for a growing number of discerning consumerswho have an ever-increasing choice of content. It all pointed to this time which is a great one to fully explore the potential of newer and better ways of storytelling. I spent the last several months exploring and researching the best way to address the potential that this gap represented and met with many people from the M&E industry. This journey found culmination in an exciting collaboration with Joy and Amber to launch 369 Media & Entertainment which I am confident will deliver unique, compelling and authentic content.’’

    Speaking about this collaboration Joy Bhattacharya said, “We are truly excited to introduce our new venture. It focuses on creating meaningful and relatable content for the fastest-growing consumer segment. We use analytical insights into our development process rather than just a gut feeling and this helps us offer differentiating content. We will also focus on nurturing a content partner ecosystem that would not only understand the gap but also drive the narrative. The creative art of storytelling that can connect and resonate with the viewers is the key ingredient and that is precisely what we aim to offer.’’

    Speaking about this new venture, Amber Lall, a seasoned film industry professional, said “Storytelling really is the exploration of the human mind. The digital revolution has just opened up many new shores to explore, allowing the storyteller an opportunity to think more candidly. 369 is an attempt to give the greatly under-served population honest, engaging and appealing content.’’

    Based on Nicola Tesla’s theory of the mysterious triangle of 3, 6 and 9, that hold the key to unlocking the mysteries of the universe, the 369 Media and Entertainment aims to unlock the entertainment universe and leave its audiences mind blown! 369 Media and Engagement LLP is set to achieve its goals of unlocking powerful content that is enjoyable and relatable to audiences in India and overseas and will be in the delivered in the form of fiction and non-fiction shows, short films, documentaries, feature films, live events, etc.

    For more details, please log on to: www.369-media.com

  • Shemaroo Entertainment Releases Padmaavat On Blu-ray and DVD for Cinema Lovers

    Shemaroo Entertainment Releases Padmaavat On Blu-ray and DVD for Cinema Lovers

    MUMBAI: Shemaroo Entertainment Limited, one of India’s leading global content power house, released the Blu-rays and DVDs of Sanjay Leela Bhansali’s magnum opus, Padmaavat- one of the most expensive Indian films ever made.

    The epic period drama is loosely based on the poem Padmavat by Malik Muhammad Jayasi and has a stellar star cast of Bollywood’s leading names, Ranveer Singh, Deepika Padukone and Shahid Kapoor in the lead roles.

    Set in medieval Rajasthan, the story revolves around Queen Padmavati, who is married to a noble king and lives in a prosperous fortress with their subjects until an ambitious Sultan hears of Padmavati’s beauty and forms an obsessive love for the Queen of Mewar and decides to attack the kingdom.

    The movie released earlier this year, was a huge commercial success and is one of the highest-grossing Indian films of all time. Cinema lovers can now buy the Blu-Ray version for Rs. 999/- and the double discDVD Set for Rs. 499/- which is available in leading key retail outlets across Indiaand also on Amazon, Flipkart& Shemaroo.com. The Blu-ray version is available only in Hindi language with English subtitles whereas the DVD set is available in Hindi, Tamil and Telugu with English sub-titles.

    The ownership of physical media offers cinema lovers the personalized experience which is worth conserving! The Blu-ray version of Padmaavat will be a treat to the eyes with the exemplary visuals and cinematography. Padmaavat is a Viacom 18 Motion Pictures & Bhansali Productions presentation.

  • Higher numbers push up financials; ‘Padmaavat’ top grosser for PVR

    Higher numbers push up financials; ‘Padmaavat’ top grosser for PVR

    BENGALURU: Higher box office, food and beverages (F&B) and sponsorship revenues, higher occupancy, higher average ticket prices (ATP) have helped push up Indian exhibitor PVR Ltd’s (PVR) overall numbers for the quarter and year ended 31 March 2018 (Q4-2018, quarter under review, FY-2018, year under review) as compared with the corresponding year ago quarter (Q4-2017) and financial year (FY-2017) respectively. Net box office collections (NBO) at Rs 75.15 crore for Padmaavat, the top grosser for PVR in Q4-2018 were more than double the NBO of the Q4-2017 top grosser Dangal, which had netted Rs 32.23 crore. This was despite lower theatre admits in Madhya Pradesh, Rajasthan, and Gujarat which were impacted due to non-release of Padmaavat in these states, says the company.

    PVR reported 19 per cent yoy increase in consolidated revenue for the quarter under review at Rs 572.88 crore as compared to Rs 483.01 crore in Q4-2017. Profit after tax for Q4-2018 increased to Rs 25.89 crore as compared to Rs 0.01 crore in Q4-2017. EBITDA (including other income) in the quarter under review increased 60 per cent to Rs 101.93 crore from Rs 63.84 crore in the corresponding year ago quarter.

    For FY-2018, the exhibitor reported an eight per cent increase in revenue at Rs 2365.45 crore as compared to Rs 2181.68 crore in FY-2017. PAT for FY-2018 was 29 percent higher at Rs 124.02 crore as compared to Rs 95.84 crore in FY-2017. EBITDA for the year under review increased 15 per cent to Rs 433.17 crore from Rs 375.87 crore in FY-2017.

    Q4-2018 revenue numbers

    Total NBO collections increased 18 per cent yoy in Q4-2018 to Rs 312.40 crore from Rs 264.60 crore. Revenue from F&B increased 22 per cent yoy to Rs 157.10 crore from Rs 128.49 crore. Advertising revenue increased 37 per cent yoy in Q4-2018 to Rs 72 crore from Rs 52.74 crore in Q4-2017. Convenience income declined two per cent yoy to Rs 14.46 crore from Rs 15.72 crore. Other operating income declined 19 per cent yoy to Rs 13.95 crore from Rs 17.24 crore. The company says that other operating income in Q4-2017 included government subsidy of Rs 7.62 crore provided by various state governments. In Q4-2018, this component has not been accounted for on due to lack of clarity on refund mechanism for the tax exemptions under GST regime claims the company in it investor presentation. Other income declined 43 per cent yoy to Rs 2.97 crore from Rs 5.22 crore.

    FY-2018 revenue numbers

    Total NBO collections increased 11 per cent yoy in FY-2018 to Rs 1248.06 crore from Rs 1125.64 crore. Revenue from F&B increased 10 per cent to Rs 607.66 crore from Rs 550.54 crore. Advertising revenue increased 20 per cent in FY-2018 to Rs 294.86 crore from Rs 245.02 crore in Q4-2017. Convenience income increased three per cent to Rs 59.71 crore from Rs 58.15 crore. Other operating income declined 14 per cent to Rs 55.14 crore from Rs 64.26 crore. Other income declined 45 per cent to Rs 10.22 crore from Rs 18.58 crore.

    Box-office numbers

    Admits in Q4-2018 increased by five per cent to 1.90 crore from 1.82 crore in corresponding quarter of fiscal 2017. Occupancy was fractionally lower in Q4-2018 at 31.5 percent as compared to 31.6 percent in Q4-2017. ATP increased by Rs 19 during the year under review to Rs 209 as compared to Rs 190 in Q4-2017. The company says that the top five movies in Q4-2018 contributed to 52 percent of the gross box office with an occupancy rate of 38 per cent.

    Admits in FY-2018 increased by one per cent to Rs 7.61 crore from Rs 7.52 crore in fiscal 2017. Occupancy was up at 32.9 per cent in FY-2018 as compared to 31.3 per cent in the previous year. ATP increased by Rs 15 during the year under review to Rs 210 as compared to Rs 196 in FY-2017.

  • PVR & IMAX forge 5 year theatre deal in India

    PVR & IMAX forge 5 year theatre deal in India

    MUMBAI: At a business briefing to Canadian Prime Minister Justin Trudeau during his first official trip to India, IMAX Corporation and PVR Cinemas announced an agreement for five new IMAX theatres.

    The new screens will be located in major metropolitan markets in a combination of new and existing flagship sites. The agreement brings PVR Cinemas’ total IMAX commitment to 15 theatres and strengthens the exhibitor’s position as IMAX’s largest partner in India.

    PVR managing director and chairman Ajay Bijli mentions, “Our agreement is a direct result of the success of our IMAX box office, which, since 2016, has increased by 50 per cent as the demand for IMAX among moviegoers continues to build. We are delighted to strengthen our longstanding, successful partnership with IMAX, which we view as a competitive advantage to help solidify our leading position in India’s exhibition market.”

    IMAX CEO Richard L Gelfond says, “India is the fourth-largest market by box office and one we view as a long-term growth opportunity. We also continue to re-master more and more Indian movies, and had record-breaking success with Padmaavat earlier this year. We believe these factors, combined with expanding our partnership with India’s top exhibitor PVR, will help set the stage for continued expansion in this important emerging market.”

    In January, IMAX released Viacom18 Motion Pictures’ film Padmaavat, which marked the fourth local-language IMAX Indian film release and the first to be presented in the IMAX 3D format. Padmaavat is now the company’s highest-grossing local Indian release and third highest-grossing IMAX film overall in the country. It expects to announce more Indian IMAX movies for this year.

    PVR operates a cinema circuit of 625 screens at 134 properties in 51 cities with seven IMAX screens in Delhi, Gurugram, Mumbai, Bengaluru and Noida.

    The agreement brings IMAX’s total theatre footprint in India to 31 with 14 currently open and 17 contracted to open.

  • Why Padmaavat in 3D almost didn’t happen

    Why Padmaavat in 3D almost didn’t happen

    ​​Fans can’t stop raving about the 3D version of Padmaavat and how it drew them right into the world of Queen Padmavati. However, it is a little known fact that director Sanjay Leela Bhansali had long been considering the idea of releasing his films in 3D. “We wanted to try 3D with Guzaarish and we’d also tested a few shots for Bajirao Mastani which looked fantastic but it eventually didn’t happen,” share​d DoP Sudeep Chatterjee.​

    ​​​The splendid colour grading and stereo conversion services for Padmaavat were handed over to Prime Focus World (PFW). Jimmy Philip, PFW Stereo Supervisor worked closely with Padmaavat’s DoP – Sudeep Chatterjee and Director Sanjay Leela Bhansali to deliver the 3D version of the magnum opus.

    Sudeep also went on to reveal how Padmaavat in 3D almost didn’t happen. He said, “Padmaavat in 3D was always an idea but it was only sometime in July-August when we got a nod for 3D conversion. Although a major apprehension was that there was very less time and we weren’t sure if we’d be able to pull it off. There are many things that can go wrong during 3D conversion – ideas can shift, dimensions can shift, with one character appearing bigger than the other.  So naturally, a lot of work was put into the conversion of the film.”

    Sharing details about the behind-the-scenes efforts that went into making the 3D version a reality, ​​

    PFW Stereo Supervisor, ​​Jimmy Philip said, “There are lots of 3D moments in this scene, with floating embers, dust drifting across the battlefield and arrows flying towards camera – it’s a great sequence and a fittingly dramatic climax for the film. We leveraged our extensive elements library to recreate most of these FX elements, while also carrying out additional comping to enhance the overall effect.”

    Talking about the enormity of the task, Jimmy shared, “Over 2000 stereo shots that we delivered for the movie were completed in a tight timeframe of just 2 months.”

    As they say, hard-work always pays and Padmaavat emerged strong amidst controversies to give the audiences an unforgettable visual treat.