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SECTOR | 08 Oct 2024

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Prabhudas Lilladhar

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SECTOR | 25 Sep 2024

Multiplex Association defends dynamic ticket pricing, ATP in 2023 at Rs 130

Business Standard

The Multiplex Association of India (MAI) on Wednesday defended "dynamic and flexible" cinema pricing, which fluctuates based on factors like location, day of the week, seat type, film format, and cinema format. Cinema exhibitors are now using sophisticated digital tools to stimulate audience demand and optimise pricing, said MAI while issuing a statement over the recent remarks by film maker Karan Johar. Brushing aside Johar's remarks, who alleged high pricing strategies by cinema exhibitors, the MAI statement quoting its President Kamal Gianchandani said the average ticket price (ATP) across all cinemas in India was Rs 130 per ticket. "The country's largest cinema chain, PVRINOX, reported an ATP of Rs 258 for the fiscal year 2023-24. Additionally, the Average Spend Per Head (SPH) on F&B at PVRINOX during this period stood at Rs 132," it said adding "This brings the total average expenditure for a family of four to Rs 1,560 significantly different from the Rs 10,000 figure carried

Average price of movie ticket in 2023 was 130: Multiplex Association of India

Business Line | 25 Sep 2024 1 more

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SECTOR | 04 Sep 2024

K'taka filmstars urge CM for panel to address sexual harassment in industry

Business Standard

Over 100 film professionals on Wednesday urged the Karnataka government to appoint a committee led by a retired judge to address the sexual harassment issue in the Kannada film industry. In a letter addressed to Karnataka Chief Minister Siddaramaiah, sent on behalf of Film Industry for Rights & Equality (FIRE), 153 film professionals, including actors Kiccha Sudeep and Ramya, demanded the government to "conduct a thorough investigation into the systematic issues faced by women in KFI, including sexual harassment". The letter, dated September 4, comes in the wake of the Justice K Hema Committee report that is taking the Malayalam film industry by storm with many survivors coming forward to name the preparators. FIRE, led by film director, screenwriter and lyricist Kavita Lankesh, has been pushing for reform in the Kannada film industry following the #metoo wave as well. FIRE also urged the government to "develop and recommend policies to ensure a healthy and equitable work...

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SECTOR | 01 Sep 2024

PVR-INOX's strategic focus: Multiplex operator to shut 70 non-performing screens in FY25, to monetise real estate assets

Business Today

Moreover, PVR INOX is redefining its growth strategy by transitioning towards a capital-light growth model to reduce its capex on new screens addition by 25-30% in FY25.PVR-INOX will partner with developers to jointly invest in new screen capex by shifting towards a franchise-owned and company-operated model.

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SECTOR | 21 Aug 2024

Indian Film Industry Artists Extend Support To Justice Hema Committee Report

NDTV Profit

The Justice Hema Committee report, details the power nexus in the Malayalam cinema industry and lays bare the multiple levels of exploitation faced by women in it.

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SECTOR | 08 Jul 2024

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Prabhudas Lilladhar

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SECTOR | 30 Jun 2024

Karnataka CM Siddaramaiah Vows To Build Mysuru Film City And Boost Kannada Film Industry

NDTV Profit

Siddaramaiah emphasized that creating a film city for the Kannada film industry was a long-held dream of the late Kannada matinee idol Dr. Rajkumar.

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SECTOR | 09 Apr 2024

Film industry awaits release of Pushpa-2 and Kalki in 2024 to revive fortunes

Business Line

Stares at a lukewarm fourth quarter; Contribution of small films up

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SECTOR | 09 Apr 2024

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Prabhudas Lilladhar

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SECTOR | 14 Mar 2024

AI Impact on Indian Film Industry: Lessons from the Hollywood negotiations

Moneycontrol

The guardrails erected in Hollywood in respect of consent and compensation come at a timely juncture for India. Going forward, performers, talent managers and producers in India would be better equipped at delineating the exact purposes and duration for which digital replicas may be deployed