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    FILM INDUSTRY

    Wild swings in Vashu Bhagnani stock raise eyebrows

    Stock turmoil and financial rumours haunt Vashu Bhagnani Industries, as share prices plummet amid speculation of delayed salary payments and property sell-off.

    Kalki 2898 AD brings Indian box office back to life

    The Telugu epic sci-fi film Kalki 2898 AD has invigorated the Indian box office, grossing over Rs 350 crore domestically and Rs 500 crore globally within four days of release. Featuring stars like Amitabh Bachchan and Prabhas, the film's success marks a high point for 2024's otherwise slow box office year. Experts attribute its success to star power, strong content, and high production quality. With promising releases ahead, industry analysts predict a rebound in cinema footfalls and box office performance in the latter half of the year.

    Will build film city in Mysuru, says Karnataka CM Siddaramaiah

    Karnataka Chief Minister Siddaramaiah announced plans to build a film city in Mysuru, offering 100 acres of land for the project and emphasising a public-private partnership approach. He also pledged steps towards establishing a Kannada OTT platform, fulfilling a long-held dream of Kannada film legend Dr. Rajkumar. Siddaramaiah criticised the previous BJP government for inaction on the film city initiative and vowed to address the OTT platform issue.

    UP govt says Noida Film City project to create 50,000 jobs, benefit 5-7 lakh people indirectly

    YEIDA chief executive officer Arun Vir Singh said the constitution of a film city alongside the upcoming airport in Jewar was Adityanath' vision, which is now set to become a reality. "Construction of the Film City is scheduled to begin within the next four to six months, with film-related activities expected to commence within three years," Singh said.

    Yamuna authority signs concession agreement for Film City project near Jewar airport in Noida

    The Film City project in Noida, developed through strategic partnerships and industry collaborations, aims to create a vibrant hub for entertainment and business. With designated zones for various activities, including an amusement park and commercial use, the project signifies a significant step towards enhancing the region's media infrastructure and economic growth.

    Film and TV fraternity are swiftly ditching Los Angeles, here's why

    Film and TV actors, crews and industrial workforce are rapidly moving away from Los Angeles due to various factors including dwindling work opportunities, and escalated housing costs in the region.

    The Economic Times
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