TRADITIONAL MOVIE BUSINESS
'PVR Inox derisking by making costs variable'
PVR Inox is implementing strategic changes in its multiplex business to mitigate risks and ensure profitability, focusing on revenue sharing, cost optimisation, and debt reduction. The chain plans to shut down non-performing screens, expand food courts, and introduce diverse content to attract more audiences. The company aims to open new screens while navigating challenges such as competition from OTT platforms and economic fluctuations.
Streaming a movie abroad may soon come with taxes at the border
The World Trade Organization (WTO) faces a potential breakdown of the decades-old moratorium on digital customs charges. The tariff ban, allowing free cross-border digital transactions, is set to expire in March. Large developing economies, including Indonesia, South Africa, and India, signal opposition to an extension, citing concerns about US Big Tech dominance, data privacy, and lost customs revenue. The lack of an international framework for digital trade complicates negotiations.
Inside Amazon’s effort to challenge Elon Musk’s Starlink internet business
Project Kuiper is among the Seattle-based company’s biggest bets, one of just a few that have survived two years into a cost-cutting drive that has eliminated many of the speculative projects started late in Jeff Bezos’s tenure as chief executive officer.
ET Circle: Inside the inCREDible mind of Kunal Shah—disruptive ideas, radical thoughts, and an evolving playbook for business and life
In the second episode of the ET Circle multimedia series, Kunal Shah, the Founder of CRED, shares some profound yet distilled insights into building products and businesses, how not to get tied by social constructs, and how to balance established knowledge with innovation. Discover fascinating facets of his ever-curious mind and glean wisdom from Shah’s multifaceted outlook.
'Tiger 3' roar dampened by ICC World Cup fever; Salman Khan-starrer sees 50 per cent drop, earns Rs 21 cr on Day 4
Salman Khan's 'Tiger 3' faced a setback on its fourth day, earning only Rs 21.1 crore compared to the previous day's Rs 44.3 crore, attributed to the ICC World Cup's record-breaking viewership.
How TIPS evolved from closed shops to race for digital crescendo via YouTube & Jio
TIPS Industries navigated the storm of tech evolution and piracy, transforming from cassettes to digital. From its '90s glory to facing the piracy crisis, TIPS embraced the digital shift, leveraging YouTube and global collaborations. With a strategic bounce-back and Jio's entry, TIPS conquered the digital era, with an 8% market share and eyes set on a melody-filled future in the growing Rs 2,700-2,800 crore industry.
More and more audiences are now going back to cinema
Movie theatres are experiencing a resurgence as audiences return after the COVID-19 pandemic, dispelling concerns that streaming platforms would dominate. Theatre chains like PVR Inox are reporting strong numbers, with the south of India almost reaching pre-pandemic levels. While digital revenue cannibalizing ticket sales hasn't materialized, the cinema hall business has changed.
Taylor Swift's 'The Eras Tour' movie expected to disrupt traditional movie business in US
Movie theatres are preparing for the release of 'Taylor Swift: The Eras Tour', a concert film expected to launch with over $100 million in ticket sales. The film marks a new trend in the industry, as big stars like Swift and Beyonce are bypassing Hollywood studios and making deals directly with theatres.
Digital Marketing vs Traditional Marketing : What’s The Difference?
Traditional marketing and digital marketing are two distinct approaches to promoting a company's services and products. The primary distinction between them is the marketing channel and cost. Digital marketing is less expensive and allows for exclusive targeting of an interested audience. It yields quantifiable and high ROI results, and personalised communication can be sent to the target audience based on interests and behaviour.
Banned in Kuwait, 'Barbie' sparks delight, and anger, in Saudi Arabia
The movie "Barbie" made its regional debut in many Saudi Arabian movie theaters last weekend, gaining criticism by many in the Middle East for undermining traditional gender norms, while others welcomed its messages of individual empowerment. Despite Saudi Arabia being perceived as a male-dominated country, this film reveals many progressive strides toward gender equality that are appreciated by young Saudi Arabian viewers. The tussle within Middle Eastern nations over the film illustrates how similar battles as those playing out in American culture wars are also being fought in different landscapes.
Oppenheimer and the business of nuclear power
The undecidedness about nuclear energy is in stark contrast to J. Robert Oppenheimer's Bhagavad Gita-inspired equanimity about his creation of the atom bomb. Even though he did show the Arjuna-like guilt after the bombings of Hiroshima and Nagasaki, saying he had blood on his hands, he never regretted his act.
Growing demand for content driving AI-backed dubbing startups
Dubbing got a new lease of life, powered by continually improving technology which helped surmount both the linguistic barriers and the limited appeal of subtitles.
Jio Studios invests '2K cr in producing over 100 movies and digital shows
Talking about the distribution strategy for the movies, Deshpande said some movies will follow the traditional windowing strategy of theatres first, while some movies will be released digitally first, but marketed like a theatrical release. "Our dream is to do a day-and-date release with cinemas someday, when JioFiber reaches an even higher critical mass," she stated.
Malayalam actress Asha Sharath’s daughter Uthara marries her fiance in a traditional ceremony. Watch wedding video here
The bride's parents welcomed the guests in their traditional finery. Several videos and photos from the wedding have gotten a lot of attention on social media.
OTT Releases: Web series, movies due to release in the fourth week of February
New web series and movies available on OTT in February from blockbuster ‘Veera Simha Reddy’ to family entertainer ‘Varisu’, binge watch the upcoming OTT releases.
Raquel Welch, actress who reshaped traditional image of sex symbol in Hollywood, dies at 82
Welch first grabbed the public's attention with her role in the 1966 sci-fi adventure 'Fantastic Voyage'.
Amazon plans to invest $1 billion in movies for theaters
Amazon will release a smaller number of films in theaters next year and increase its output over time. That number of releases puts it on on a par with major studios such as Paramount Pictures.
Who is Elizabeth Holmes? Disgraced CEO who was sentenced to more than 11 years in prison for Theranos fraud
Elizabeth Holmes was very successful in securing funding from investors, but it was later discovered that she had lied about the technology and business transactions of her company.
The fall of Bollywood’s hubris as OTTs, regional movies’ reel journey through magnum opus to hinterland steal limelight
The rise of the OTTs, the changing preference of audience in new India, the social media boycott trend for various reasons, faltering content quality and the power shift to the south with the emergence of Baahubali-like Tamil, Kannada, Telugu and Malayalam movies, all have played a role in the dwindling box office collection for the opening day of Hindi movies. While we can't blame the factors, it is for certain that the hubris of Hindi movies' Friday blockbuster day is shaken.
Load More
