Tag: Pyaar Ka Punchnama 2

  • Viacom18 Motion Pictures ‘unconventional Indian cinema’ journey

    Viacom18 Motion Pictures ‘unconventional Indian cinema’ journey

    MUMBAI: Just five years old in the Indian film industry and Viacom 18 Motion Pictures has successfully changed the dimensions of tried and tested formulas. It has challenged the conventional norms of film making and produced a variety of movies for Indian audiences. Viacom18 Motion Pictures was started in 2010 with an aim to disrupt the tried and tested formulas, to challenge the norms and to ensure that content stood out to be the true winner. With movies like Tanu Weds Manu, Kahaani, Gangs of Wasseypur, OMG:Oh My God, Bhaag Milkha Bhaag, Queen, Mary Kom, Gabbar is Back and Margarita with a Straw, Viacom MP has proved that it has the ability to choose the right kind of script based on insights combined with instincts.

    This multi-faceted studio backs rare concept based cinema that appeals to the masses, distributes and markets larger-than-life English films that become mega blockbusters in India and has even ventured into regional markets like Marathi, Bengali and South Indian languages. Viacom 18 Motion Pictures has over 100 awards in its kitty.

    On completing five successful years of storytelling across 80 films, Viacom18 Media group CEO Sudhanshu Vats said, “Viacom18 Motion Pictures is an integral part of the value proposition of Viacom18 as a media network. Over the last 5 years we have built a distinctive identity for our movie studio that is built around our strong focus on stories. This ‘content-first’ approach is in synergy with our broadcast and digital business lines and together films, broadcast and digital complete the ecosystem of entertainment that Viacom18 offers its consumers.”

    Elaborating further Vats revealed, “Today we have a library of films and lines of businesses that I feel proud of. With each new project we are increasingly integrating a scientific approach based on data mining and analysis, enabling us to incrementally maximize business value for the studio as a whole. We have some interesting projects lined up for the years ahead and I look forward to an exciting future.”

    Viacom18 Motion Pictures COO Ajit Andhare said,“Viacom18 Motion Pictures has stood for a distinctive kind of cinema and consistent delivery best reflected not in one film or another but in the collective body of work built over these 5years. A conscious and calibrated business approach of focusing on innovation in films and rooting them in strong viable economics has been our hallmark.”

    “At the core of Viacom 18, the approach to film making is —  what can we do differently?  What can we do that is not conventional? That approach has been at the heart of a whole lot of things we do. The kind of film universe we have created, the kind of grammar we have created for film making and the kind of films we have stood for have started to occupy the centre stage in the Indian movie industry,” added Andhare.

    Further, sharing insights on how Viacom monetizes and markets films, Andhare said, “As a studio we are not just a film making outfit, we are part of a larger media network. Besides box office, the second largest revenue comes from satellite and now the new emerging market is digital. There will be a natural synergy in the group that will make a lot sense. In the broadcasting revenue model where a lot of output will be captive consumed by both of our platforms, some of those things clearly help in monetization.”  

    On marketing of the unconventional films, Andhare explained, “Traditional films are led by stars and it is the stars that are marketed, but if you take an unconventional film like Maajhi, it was marketed as an inspirational story. It is difficult to give a specific answer as to how we market films as it all depends on the kind of film we are working on and the content. For each film we have a different marketing strategy.”

    “Viacom18 Motion Pictures has consistently stood out for its distinctive kind of cinema delivery, best reflected not in one film or another but in the collective body of work built over these 5 years. A conscious and calibrated business approach of focusing on innovation in films and rooting them in strong viable economics has been our hallmark,” Andhare added.

    Before giving a green light to a story there are a few points that the studio keeps in mind in the initial stages he revealed.

    “We look at two to three aspects. Firstly, it’s the script. We also have an advisory council which does not work for Viacom, but are independent directors, films enthusiasts, film journalists who share their views on the script and we get the sense from that. Besides that, we also have someone who technically looks after the script. The script is just one layer, apart from that there are performances and there are many parameters that are involved in the judgment,”   said Andhare.

    Viacom18 Motion Pictures will relive its blockbusters through a weeklong festival between 11 June and 17 June 2016 that will showcase some of the most successful and loved films from its library. Launched in collaboration with Cinepolis, this festival will be a multi-city treat for movie lovers across Mumbai, Delhi, Pune and Bangalore showcasing hits like Kahaani, Manjhi – The Mountain Man, Pyaar Ka Punchnama 2, Bhaag Milkha Bhaag, Queen and Gangs of Wasseypur I & II.

    “We will continue to be unconventional in our films and conventional in our business approach that focuses on return on capital. As we complete five years we feel inspired from what we have achieved and are spurred on to play a central role in shaping Indian cinema in our journey ahead,” asserted Andhare in conclusion. 
     

  • Viacom18 Motion Pictures ‘unconventional Indian cinema’ journey

    Viacom18 Motion Pictures ‘unconventional Indian cinema’ journey

    MUMBAI: Just five years old in the Indian film industry and Viacom 18 Motion Pictures has successfully changed the dimensions of tried and tested formulas. It has challenged the conventional norms of film making and produced a variety of movies for Indian audiences. Viacom18 Motion Pictures was started in 2010 with an aim to disrupt the tried and tested formulas, to challenge the norms and to ensure that content stood out to be the true winner. With movies like Tanu Weds Manu, Kahaani, Gangs of Wasseypur, OMG:Oh My God, Bhaag Milkha Bhaag, Queen, Mary Kom, Gabbar is Back and Margarita with a Straw, Viacom MP has proved that it has the ability to choose the right kind of script based on insights combined with instincts.

    This multi-faceted studio backs rare concept based cinema that appeals to the masses, distributes and markets larger-than-life English films that become mega blockbusters in India and has even ventured into regional markets like Marathi, Bengali and South Indian languages. Viacom 18 Motion Pictures has over 100 awards in its kitty.

    On completing five successful years of storytelling across 80 films, Viacom18 Media group CEO Sudhanshu Vats said, “Viacom18 Motion Pictures is an integral part of the value proposition of Viacom18 as a media network. Over the last 5 years we have built a distinctive identity for our movie studio that is built around our strong focus on stories. This ‘content-first’ approach is in synergy with our broadcast and digital business lines and together films, broadcast and digital complete the ecosystem of entertainment that Viacom18 offers its consumers.”

    Elaborating further Vats revealed, “Today we have a library of films and lines of businesses that I feel proud of. With each new project we are increasingly integrating a scientific approach based on data mining and analysis, enabling us to incrementally maximize business value for the studio as a whole. We have some interesting projects lined up for the years ahead and I look forward to an exciting future.”

    Viacom18 Motion Pictures COO Ajit Andhare said,“Viacom18 Motion Pictures has stood for a distinctive kind of cinema and consistent delivery best reflected not in one film or another but in the collective body of work built over these 5years. A conscious and calibrated business approach of focusing on innovation in films and rooting them in strong viable economics has been our hallmark.”

    “At the core of Viacom 18, the approach to film making is —  what can we do differently?  What can we do that is not conventional? That approach has been at the heart of a whole lot of things we do. The kind of film universe we have created, the kind of grammar we have created for film making and the kind of films we have stood for have started to occupy the centre stage in the Indian movie industry,” added Andhare.

    Further, sharing insights on how Viacom monetizes and markets films, Andhare said, “As a studio we are not just a film making outfit, we are part of a larger media network. Besides box office, the second largest revenue comes from satellite and now the new emerging market is digital. There will be a natural synergy in the group that will make a lot sense. In the broadcasting revenue model where a lot of output will be captive consumed by both of our platforms, some of those things clearly help in monetization.”  

    On marketing of the unconventional films, Andhare explained, “Traditional films are led by stars and it is the stars that are marketed, but if you take an unconventional film like Maajhi, it was marketed as an inspirational story. It is difficult to give a specific answer as to how we market films as it all depends on the kind of film we are working on and the content. For each film we have a different marketing strategy.”

    “Viacom18 Motion Pictures has consistently stood out for its distinctive kind of cinema delivery, best reflected not in one film or another but in the collective body of work built over these 5 years. A conscious and calibrated business approach of focusing on innovation in films and rooting them in strong viable economics has been our hallmark,” Andhare added.

    Before giving a green light to a story there are a few points that the studio keeps in mind in the initial stages he revealed.

    “We look at two to three aspects. Firstly, it’s the script. We also have an advisory council which does not work for Viacom, but are independent directors, films enthusiasts, film journalists who share their views on the script and we get the sense from that. Besides that, we also have someone who technically looks after the script. The script is just one layer, apart from that there are performances and there are many parameters that are involved in the judgment,”   said Andhare.

    Viacom18 Motion Pictures will relive its blockbusters through a weeklong festival between 11 June and 17 June 2016 that will showcase some of the most successful and loved films from its library. Launched in collaboration with Cinepolis, this festival will be a multi-city treat for movie lovers across Mumbai, Delhi, Pune and Bangalore showcasing hits like Kahaani, Manjhi – The Mountain Man, Pyaar Ka Punchnama 2, Bhaag Milkha Bhaag, Queen and Gangs of Wasseypur I & II.

    “We will continue to be unconventional in our films and conventional in our business approach that focuses on return on capital. As we complete five years we feel inspired from what we have achieved and are spurred on to play a central role in shaping Indian cinema in our journey ahead,” asserted Andhare in conclusion. 
     

  • Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    MUMBAI: Luv Films, a venture from the writer and director of Pyaar Ka Punchnama, Luv Ranjan, is all geared to enter the digital space with its sitcom Life Sahi Hai. Starting 24 May, the first episode of the series has already been shot, while the trailer will roll-out the first look of the show on 18 May.

    Produced by Ranjan and partner and producer Ankur Garg under their company Luv Films and created by Tarun Jain, co-writer of Pyaar Ka Punchnama 2, the 12 episodic and 20 minute long series will feature multiple directors during the entire season’ tenure. The company has struck cash plus media deals with three sponsors. While Himalaya Herbals Men is the powered by sponsor, Mahindra Gusto 125 is  the associate sponsor.

    “The viewers will see the brands being seamlessly integrated in our series. Life Sahi Hai shows friendship amongst guys and is on a similar zone to my movie. As a company producing and distributing youthful and quality content, we’re thrilled to see our story come alive on the no holds barred online medium”, notes Garg.

    He further adds, “Digital gives us the liberty to broadcast content without any constraints. We will mostly likely launch one episode per week There has been an immense boom in the online space in recent times and going by the opportunities that this medium offers, we are certain about achieving scale and building a brand from Life Sahi Hai”.

    Completely shot in HD quality, the series is about four boys in their early 20’s, who come from different parts of India to live together independently for the first time, in Delhi, right after college. Coming from diverse backgrounds and having lived very different lives, the guys don’t immediately get along with each other. But feeding off each other’s strengths for help in professional as well as personal problems, they soon become buddies. Actors Tarun Jain, Suhail Nayyar, Abhishek Saha and Siddhant Chaturvedi will be seen essaying the characters of the four boys.

    A source close to the development reveals that the production cost for one episode will approximately be Rs 22 lakh to 24 lakh.

  • Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    MUMBAI: Luv Films, a venture from the writer and director of Pyaar Ka Punchnama, Luv Ranjan, is all geared to enter the digital space with its sitcom Life Sahi Hai. Starting 24 May, the first episode of the series has already been shot, while the trailer will roll-out the first look of the show on 18 May.

    Produced by Ranjan and partner and producer Ankur Garg under their company Luv Films and created by Tarun Jain, co-writer of Pyaar Ka Punchnama 2, the 12 episodic and 20 minute long series will feature multiple directors during the entire season’ tenure. The company has struck cash plus media deals with three sponsors. While Himalaya Herbals Men is the powered by sponsor, Mahindra Gusto 125 is  the associate sponsor.

    “The viewers will see the brands being seamlessly integrated in our series. Life Sahi Hai shows friendship amongst guys and is on a similar zone to my movie. As a company producing and distributing youthful and quality content, we’re thrilled to see our story come alive on the no holds barred online medium”, notes Garg.

    He further adds, “Digital gives us the liberty to broadcast content without any constraints. We will mostly likely launch one episode per week There has been an immense boom in the online space in recent times and going by the opportunities that this medium offers, we are certain about achieving scale and building a brand from Life Sahi Hai”.

    Completely shot in HD quality, the series is about four boys in their early 20’s, who come from different parts of India to live together independently for the first time, in Delhi, right after college. Coming from diverse backgrounds and having lived very different lives, the guys don’t immediately get along with each other. But feeding off each other’s strengths for help in professional as well as personal problems, they soon become buddies. Actors Tarun Jain, Suhail Nayyar, Abhishek Saha and Siddhant Chaturvedi will be seen essaying the characters of the four boys.

    A source close to the development reveals that the production cost for one episode will approximately be Rs 22 lakh to 24 lakh.

  • Viacom18 to launch Hindi movie channel with big ticket movies

    Viacom18 to launch Hindi movie channel with big ticket movies

    MUMBAI: Expanding its current portfolio of channels, Viacom18 is now poised to launch a Hindi movie channel called Rishtey Cineplex.

    The latest entrant in the Hindi movies channels’ genre will face stuff competition from established players like Sony Max, Zee Cinema, Star Gold, Movies OK and &Pictures. 

    However, Rishtey Cineplex – the first Hindi movie channel from the house of Viacom18 – has armed itself with big ticket movies like the recently released Bajirao Mastani, Airlift and Pyaar Ka Punchnama 2 as well as the yet to release Force2, Kapoor and Sons and Ae Dil Hai Mushkil amongst others.

    The channel’s launch further paves the way for new film acquisitions to offer quality film-based entertainment and big television premieres to viewers.

    Viacom18 Group CEO Sudhanshu Vats said, “With the launch of Rishtey Cineplex, we are entering the large Hindi movie genre thereby filing a pivotal whitespace and offering a holistic Hindi entertainment ecosystem from our stable. At Viacom18 we are committed to continuously strengthening our portfolio across genres, languages and age groups. Rishtey Cineplex is a key milestone in  that journey.”

    “The movie channel will bolster the networks reach across India and help us dial-up our engagement levels with our viewers. Rishtey Cineplex will also enable us to offer 360-degree value to our advertisers creating more opportunities for on-air promotions enabling optimisation of ad inventory across the network,” he added.

    Colors & Rishtey CEO Raj Nayak said, “We have scripted a great success story for brand Colors with it being extended into regional languages and English entertainment. Each of these channels has helped us cater to an intrinsic viewer demand. We are now all set to give impetus to brand Rishtey with the launch of our exclusive Hindi movies channel Rishtey Cineplex that will help us fortify our Hindi entertainment portfolio. With the best in films and entertainment lined up, we are confident that we will be able to strengthen audience affinity with Rishtey Cineplex.”

    Rishtey Cineplex marks the extension of Viacom18’s portfolio, which has under its umbrella Hindi general entertainment channels like Colors, Colors HD and Rishtey, a bouquet of regional entertainment channels – Colors Marathi, Colors Gujarati, Colors Bangla, Colors Kannada, and Colors Oriya and an English entertainment channel – Colors Infinity.

  • Viacom18 to launch Hindi movie channel with big ticket movies

    Viacom18 to launch Hindi movie channel with big ticket movies

    MUMBAI: Expanding its current portfolio of channels, Viacom18 is now poised to launch a Hindi movie channel called Rishtey Cineplex.

    The latest entrant in the Hindi movies channels’ genre will face stuff competition from established players like Sony Max, Zee Cinema, Star Gold, Movies OK and &Pictures. 

    However, Rishtey Cineplex – the first Hindi movie channel from the house of Viacom18 – has armed itself with big ticket movies like the recently released Bajirao Mastani, Airlift and Pyaar Ka Punchnama 2 as well as the yet to release Force2, Kapoor and Sons and Ae Dil Hai Mushkil amongst others.

    The channel’s launch further paves the way for new film acquisitions to offer quality film-based entertainment and big television premieres to viewers.

    Viacom18 Group CEO Sudhanshu Vats said, “With the launch of Rishtey Cineplex, we are entering the large Hindi movie genre thereby filing a pivotal whitespace and offering a holistic Hindi entertainment ecosystem from our stable. At Viacom18 we are committed to continuously strengthening our portfolio across genres, languages and age groups. Rishtey Cineplex is a key milestone in  that journey.”

    “The movie channel will bolster the networks reach across India and help us dial-up our engagement levels with our viewers. Rishtey Cineplex will also enable us to offer 360-degree value to our advertisers creating more opportunities for on-air promotions enabling optimisation of ad inventory across the network,” he added.

    Colors & Rishtey CEO Raj Nayak said, “We have scripted a great success story for brand Colors with it being extended into regional languages and English entertainment. Each of these channels has helped us cater to an intrinsic viewer demand. We are now all set to give impetus to brand Rishtey with the launch of our exclusive Hindi movies channel Rishtey Cineplex that will help us fortify our Hindi entertainment portfolio. With the best in films and entertainment lined up, we are confident that we will be able to strengthen audience affinity with Rishtey Cineplex.”

    Rishtey Cineplex marks the extension of Viacom18’s portfolio, which has under its umbrella Hindi general entertainment channels like Colors, Colors HD and Rishtey, a bouquet of regional entertainment channels – Colors Marathi, Colors Gujarati, Colors Bangla, Colors Kannada, and Colors Oriya and an English entertainment channel – Colors Infinity.

  • Q3-2016: Inox YoY revenue up 13.6, PAT up 9.1%

    Q3-2016: Inox YoY revenue up 13.6, PAT up 9.1%

    BENGALURU: Inox Leisure Limited (Inox) reported 13.6 per cent year-on year (YoY) increase in consolidated Total Income from Operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 341.71 crore as compared to Rs 300.76 but 3.8 per cent lower quarter-on-quarter (QoQ) as compared to Rs 355.38 crore.

    The YoY increase was driven by a 14.3 per cent YoY increase in gross box office (GBO) collection and a 17.8 per cent YOY increase in Food & Beverages (F&B) revenue in the current quarter. Inox reported GBO collection at Rs 230.69 crore as compared Rs 201.75 crore in Q3-2015. F&B revenue in the current quarter was Rs 65.16 crore as compared to Rs 55.63 crore in the corresponding prior year quarter. GBO collection and F&B revenue in the current quarter however declined 5.4 per cent each as compared to Rs 243.87 crore and Rs 69.24 crore respectively.

    Note: (1) 100,00,000 = 100 lakh = 10 million = 1 crore

    (2) Figures include Satyam Cineplexes Limited, which became wholly owned subsidiary of the company on 8 August 2014.

    Improved Box Office performance of a number of movies saw the company’s PAT in the current quarter increase 9.1 per cent YoY to Rs 15.60 crore (4.6 per cent margin) as compared to Rs 14.30 crore (4.8 per cent margin). PAT in the current quarter however declined 23.9 per cent QoQ as compared to Rs 20.51 crore (5.8 per cent margin) in the immediate trailing quarter.

    Performance of the top five movies by GBO performance accounted for 48 per cent of total GBO collection in the current quarter.

     

    The top five movies in terms of GBO collection in descending order were:

    1) Prem Ratan Dhan Payo: Rs 29.8 crore, 15 lakh footfalls

    2) Bajirao Mastani: Rs 29.6 crore, 14 lakh footfalls

    3) Dilwale: Rs 21.8 crore, 10 lakh footfalls

    4) Tamasha: Rs 16.3 crore, 9 lakh footfalls

    5) Pyaar Ka Punchnama 2: Rs 12.4 crore, 8 lakh footfalls

     

    Footfalls, occupancy rates & average ticket price

    Inox reported a 11 per cent increase in footfalls in the current quarter at 129 lakh as compared to the 116 lakh in the corresponding year ago quarter and 11 per cent lower QoQ as compared to 145 lakh in Q2-2016.

    Occupancy rate in Q3-2016 improved to 31 per cent as compared to the 27 per cent in Q3-2015 and slightly lower than the 32 per cent in the immediate trailing quarter.

    Average Ticket Price (APT) increased 32.3 per cent YoY in Q3-2016 to Rs 179 as compared to Rs 175 and increased 7.2 per cent QoQ as compared to Rs 167 in the immediate trailing quarter.

     

    Advertising, food & beverages & other operating revenues

    The company reported two per cent higher YoY advertising revenue in Q3-2016 at Rs 29.49 crore as compared to Rs 28.92 crore and 37.8 per cent higher QoQ as compared to Rs 21.40 crore in Q21-2016.

    Food and Beverages revenue (F&B) has been mentioned above.

    Other operating revenue increased 10.8 per cent YoY to Rs 16.02 crore in the current quarter as compared to Rs 14.46 crore, but declined 23.2 per cent as compared to Rs 20.87 crore in Q2-2016.

     

    Entertainment Tax, Distributors share and F&B costs, rents, etc

    Inox paid 16.5 per cent higher YoY entertainment tax in Q3-2016 at Rs 44.40 crore as compared to Rs 38.12 crore, but 6.7 per cent lower QQoQ as compared to Rs 47.57 crore in Q2-2016.

    Distributors share (exhibition cost) in Q3-2016 at Rs 64.54 crore declined 14.4 per cent as compared to Rs 75.37 crore and declined 25.5 per cent QoQ as compared to Rs 86.61 in Q2-2016.

    F&B costs in Q3-2016 increased 17.5 per cent YoY to Rs 15.95 crore as compared to Rs13.58 crore, but declined 9.4 per cent as compared to Rs 17.6 crore in Q2-2016.

    Total Expense in the current quarter increased 12.4 per cent YoY to Rs 308.97 crore as compared to Rs 274.89 crore, but reduced three per cent QoQ as compared to Rs 318.63 cror

     

  • Q3-2016: Inox YoY revenue up 13.6, PAT up 9.1%

    Q3-2016: Inox YoY revenue up 13.6, PAT up 9.1%

    BENGALURU: Inox Leisure Limited (Inox) reported 13.6 per cent year-on year (YoY) increase in consolidated Total Income from Operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 341.71 crore as compared to Rs 300.76 but 3.8 per cent lower quarter-on-quarter (QoQ) as compared to Rs 355.38 crore.

    The YoY increase was driven by a 14.3 per cent YoY increase in gross box office (GBO) collection and a 17.8 per cent YOY increase in Food & Beverages (F&B) revenue in the current quarter. Inox reported GBO collection at Rs 230.69 crore as compared Rs 201.75 crore in Q3-2015. F&B revenue in the current quarter was Rs 65.16 crore as compared to Rs 55.63 crore in the corresponding prior year quarter. GBO collection and F&B revenue in the current quarter however declined 5.4 per cent each as compared to Rs 243.87 crore and Rs 69.24 crore respectively.

    Note: (1) 100,00,000 = 100 lakh = 10 million = 1 crore

    (2) Figures include Satyam Cineplexes Limited, which became wholly owned subsidiary of the company on 8 August 2014.

    Improved Box Office performance of a number of movies saw the company’s PAT in the current quarter increase 9.1 per cent YoY to Rs 15.60 crore (4.6 per cent margin) as compared to Rs 14.30 crore (4.8 per cent margin). PAT in the current quarter however declined 23.9 per cent QoQ as compared to Rs 20.51 crore (5.8 per cent margin) in the immediate trailing quarter.

    Performance of the top five movies by GBO performance accounted for 48 per cent of total GBO collection in the current quarter.

     

    The top five movies in terms of GBO collection in descending order were:

    1) Prem Ratan Dhan Payo: Rs 29.8 crore, 15 lakh footfalls

    2) Bajirao Mastani: Rs 29.6 crore, 14 lakh footfalls

    3) Dilwale: Rs 21.8 crore, 10 lakh footfalls

    4) Tamasha: Rs 16.3 crore, 9 lakh footfalls

    5) Pyaar Ka Punchnama 2: Rs 12.4 crore, 8 lakh footfalls

     

    Footfalls, occupancy rates & average ticket price

    Inox reported a 11 per cent increase in footfalls in the current quarter at 129 lakh as compared to the 116 lakh in the corresponding year ago quarter and 11 per cent lower QoQ as compared to 145 lakh in Q2-2016.

    Occupancy rate in Q3-2016 improved to 31 per cent as compared to the 27 per cent in Q3-2015 and slightly lower than the 32 per cent in the immediate trailing quarter.

    Average Ticket Price (APT) increased 32.3 per cent YoY in Q3-2016 to Rs 179 as compared to Rs 175 and increased 7.2 per cent QoQ as compared to Rs 167 in the immediate trailing quarter.

     

    Advertising, food & beverages & other operating revenues

    The company reported two per cent higher YoY advertising revenue in Q3-2016 at Rs 29.49 crore as compared to Rs 28.92 crore and 37.8 per cent higher QoQ as compared to Rs 21.40 crore in Q21-2016.

    Food and Beverages revenue (F&B) has been mentioned above.

    Other operating revenue increased 10.8 per cent YoY to Rs 16.02 crore in the current quarter as compared to Rs 14.46 crore, but declined 23.2 per cent as compared to Rs 20.87 crore in Q2-2016.

     

    Entertainment Tax, Distributors share and F&B costs, rents, etc

    Inox paid 16.5 per cent higher YoY entertainment tax in Q3-2016 at Rs 44.40 crore as compared to Rs 38.12 crore, but 6.7 per cent lower QQoQ as compared to Rs 47.57 crore in Q2-2016.

    Distributors share (exhibition cost) in Q3-2016 at Rs 64.54 crore declined 14.4 per cent as compared to Rs 75.37 crore and declined 25.5 per cent QoQ as compared to Rs 86.61 in Q2-2016.

    F&B costs in Q3-2016 increased 17.5 per cent YoY to Rs 15.95 crore as compared to Rs13.58 crore, but declined 9.4 per cent as compared to Rs 17.6 crore in Q2-2016.

    Total Expense in the current quarter increased 12.4 per cent YoY to Rs 308.97 crore as compared to Rs 274.89 crore, but reduced three per cent QoQ as compared to Rs 318.63 cror

     

  • Box Office: Prem Ratan Dhan Payo revenue drops after extended weekend

    Box Office: Prem Ratan Dhan Payo revenue drops after extended weekend

    Prem Ratan Dhan Payo, after taking a record breaking opening on Thursday, since it was released a day earlier to take advantage of Diwali weekend, started dropping from the very next day. The general lack of appreciation for the film led to huge come down in footfalls. So much so that after the four days of its extended weekend, the film could barely add only as much as its first day figures for rest of the four days Monday on wards which is little over Rs 40 crore. The film managed Rs 172 crore for the eight day week. The film is not likely to get the advantage of its open run in the second week and could end up as a loss maker at the box office. (Refer Editor’s note below)

     

    *X Past is Present, the collaborative effort of 11 film makers is a nonstarter.

     

    *Charlie Ke Chakkar Mein added 1.8 lakh in its second week to take its two week total to about Rs 82 lakh.

     

    *Main Aur Charles collected 1.7 lakh in its third week to take its three week total to Rs 6.67 crore.

     

    *Pyaar Ka Punchnama 2 has added 40 lakh in its fifth week taking its five week tally to RS 61.55 crore.

     

    Editor’s note: Considering that it cost an estimated Rs 115 crore to make and market Prem Ratan Dhan Payo, it must rake in around Rs 230 crore at the Box Office before it can even break even. It must make a profit for all the stakeholders, which include satellite rights revenue for Salman Khan who reportedly has not charged anything to make the film,and the music rights revenue that will reportedly go to film’s makers.. Just crossing the Rs 100 crore or Rs 200 crore mark at the Box Office does not qualify a film as a profit maker.

  • Box Office: ‘Main Aur Charles’ collects Rs 3.65 crore; ‘Pyaar Ka Punchnama 2’ holds fort

    Box Office: ‘Main Aur Charles’ collects Rs 3.65 crore; ‘Pyaar Ka Punchnama 2’ holds fort

    MUMBAI: The pre-Diwali period, considered to be dullest ever at the box office, used to be the exhibitor’s nightmare. The running time was fed with dubbed films or re-run films. The idea was to just minimise the loss.

     

    Come corporate era, no period is considered dull. This Friday, 30 October saw numerous releases; unheard of films with no promotion worth its name. Of course, all to disastrous results.

     

    Among all releases of the week, Main Aur Charles was the most publicised, boasted of known faces in the cast and also went on to bag favourable reviews. Yet, it was the best example of a mis-timed release. A film, which would have ended its opening day with over Rs 3 crore to improve on days to follow, managed barely a crore. Nothing better came its way on Saturday and Sunday that followed. The film ended its opening weekend with approximately Rs 3.65 crore.

     

    On the other hand, Pyaar Ka Punchnama 2 is enjoying an excellent run at the box office, on its own merit as well as some help from poor new releases. The film is a favourite with the youth. It has had an impressive second week with figures of Rs 14.1 crore taking its two week total to Rs 51.9 crore.

     

    Guddu Ki Gun, a curious kind of film, which tries to create comedy out of a silly idea about a young man’s vitals turning to gold, falls flat. The only use the film will have is for future producers troubled by the Film Certification Board, to cite it as a precedent. The film managed about Rs 1.7 crore for the opening weekend. 

     

    Despite critical reviews and a strong word of mouth from the industry, Dibakar Bennerjee’s home production, Titli, is a disaster.

     

    Other nondescript adventures like Love ExchangeOnce Upon A Time In BiharMere Sai Ram and The Last Horror fail to find audience.

     

    Shaandaar collections go on a free fall in its first week after an indifferent opening weekend. The film suffers many cancelled shows due to lack of audience as the week progresses. A sheer waste of good star cast and ample funding thanks to a juvenile script and an unimaginative making. The film, which did its best in its four day opening weekend, managed to add a meagre Rs 6.1 crore for the four days after the weekend to show a poor Rs 36.9 crore for its first week. The film may add a crore or so at best for the rest of its run. 

     

    Jazbaa collects Rs 20 lakh in its third week to take its three week total to Rs 23.9 crore. 

     

    Singh Is Bliing adds Rs 10 lakh in its fourth week taking its four week total to Rs 74.05 crore. 

     

    Talvar collects about a crore in its fourth week taking its four week total to Rs 30.55 crore.