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<ul><li><keyword id="143" type="General" weightage="100" keywordseo="bollywood" source="Orion">Bollywood</keyword> needs to take a leaf out of Hollywood’s script and focus on content and VFX.</li><li>Occupancy levels are still nowhere near pre-Covid levels as Bollywood number of films releasing are fewer and reliance on Big Budget films has increased.</li><li>Box office collections in Q2 will determine whether earnings of listed multiplex stocks will be upgraded or not. </li></ul> The pandemic is well and truly behind us but footfalls at movie theatres are still nowhere near pre-Covid levels. While the easiest explanation is that web series are giving tough competition to the moviemakers but that is not the entire story. In Bollywood parlance, “picture abhi baaki hai”. <keyword id="5672816" type="General" weightage="20" keywordseo="karan-taurani" source="Orion">Karan Taurani</keyword> of <keyword id="144995" type="General" weightage="20" keywordseo="elara-capital" source="Orion">Elara Capital</keyword> has a prescription for Bollywood if it wants to bring the audiences back to theatres so that occupancy levels revert to pre-Covid levels. No remakes, please, is the first big piece of advice he has for Bollywood. In a report, he says VFX-driven films, franchise- &amp; IP-based films) and original stories (no remake) would be the key solution for defining success of Hindi content toward pre-Covid levels. The formula that Hollywood is using is clearly working - IP and franchise-led films are the order of the day as they are innovating. One just needs to look at Tom Cruise’s Mission Impossible franchise and the Top Gun sequel had industry pundits billing him as the saviour of Hollywood. Bollywood is taking steps in the same direction and Taurani cites the examples of Rocky Aur Rani (original story), <keyword id="1847504" type="General" weightage="60" keywordseo="gadar-2" source="Orion">Gadar 2</keyword> (franchise), OMG 2 (franchise) and <keyword id="6363925" type="General" weightage="50" keywordseo="jawan" source="Orion">Jawan</keyword> (original story). However, the key ingredient in all these movies is big star power. Like it or not, the ageing Khans, <keyword id="6354714" type="General" weightage="50" keywordseo="ajay-devgn" source="Orion">Ajay Devgn</keyword> and <keyword id="2823" type="General" weightage="50" keywordseo="akshay-kumar" source="Orion">Akshay Kumar</keyword> are not going anywhere near the sunset. Another problem is also that the pandemic has possibly affected the pipeline of movies hitting theatres. Prior to the pandemic, Bollywood saw 18 releases (FY19) every quarter which is now down to 14 films (FY23). This has also increased Bollywood’s dependence on big budget films like <keyword id="12756474" type="General" weightage="50" keywordseo="pathaan" source="Orion">Pathaan</keyword>. Adds Taurani, “These films doing well on a consistent basis will remain a key monitorable as they will command a large chunk of box office until we trend reverse into small and medium budget films or higher frequency therein.” While big may be beautiful, the risks are higher for these expensive films. Bollywood cannot afford to let them bomb, which also means that the films have to have good content not just star power. The jury will be out on listed multiplex stocks as the second quarter of the financial year, which started in July, will determine if the companies will see an earnings upgrade or not.

Analyst’s prescription for Bollywood: Focus on star power & content

<ul><li>PVR INOX Passport allows users to watch 10 movies/month on weekdays for ₹699, consumers can watch.</li><li>It’s targeted towards senior citizens, housewives and more importantly students and youngsters.</li><li>Passport can energize weekday theater occupancies and improve F&amp;B sales, say analysts </li></ul>How many people watch ten movies a month? Not even in the hay days, when movies were a key source of entertainment. Now, at a time when theaters are struggling with occupancies and footfalls, India’s largest multiplex chain has brought out its PVR INOX Passport. For ₹699, consumers can watch 10 movies in a month on weekdays but without access to its IMAX, Gold, LUXE and Director's Cut services. Even as the movie industry saw post-pandemic successes with RRR, Pathan, <keyword id="6498265" type="General" weightage="20" keywordseo="pushpa" source="Orion">Pushpa</keyword> and Rocky and Rani Ki Prem Kahani, occupancies haven’t yet hit pre-Covid levels. Now, PVR is hopeful that with this limited period offer, they can bring back some of those who have lost the habit of watching movies on the screen. “The three significant target groups we are focusing on are students, housewives, and senior citizens, where we believe lies a great opportunity. We expect this innovative offering will not only revitalize weekday cinema attendance but also introduce a new dimension to how our patrons interact with and enjoy the world of cinema,” said Gautam Dutta, co-CEO of PVR INOX. The big screens are being hurt by OTT’s weekly and monthly launches of shows and direct-to-OTT movies. Moreover, GenZs with mobiles and easy data access, find little allure of watching movies in a size larger than life. Unlimited OTTs plus limited theatrical releases PVR is trying to build a habit of making movie watching a social outing that it has been for generations before. OTTs have also upped their ante during the pandemic and has brought back movie loving public into its fold. The time lag between a theatrical release and their satellite/OTT debuts have come down drastically. In some cases, it’s a matter of a few weeks. Added to that, a few superstar-starring, much awaited movies are going directly to OTTs. Case in point – Knives Out ‘Glass Onion’ starring Daniel Craig had a ‘limited’ release before it hit Netflix. Even Martin Scorsese planned the same for his ‘Killers of the Flower Moon’ but canceled it. There are more examples closer home too. One of Bollywood’s most-awaited debuts with three star kids directed by Zoya Akhtar is The Archies. The off-beat movie starring Shah Rukh Khan’s daughter Suhana Khan, Amitabh Bachchan’s grandson Agastya Nanda, and late actress Sridevi’s daughter Khushi Kapoor, is coming to Netflix. More reason for the young to subscribe to Netflix and chill, instead of making a movie date. “This move may eventually bring the youth back to the cinemas, which will be a big positive structural trigger. The only ponderable is if lower pricing or good content would be the decider to usher in this change,” says Karan Taurani, research analyst at Elara Capital in a note on the offer. Without the price-barrier If there ever was a good way to bring back young people to try something, price reduction is the way to go. Many apps and new-age businesses are built on this theory. PVR’s Passport plan however does zero or no damage to their economics. As per Elara’s calculations, pan-India, annual average occupancy for exhibitors for weekdays (Monday-Thursday) is around 17%. Discounted ticket prices may prop occupancy towards 20-25% it believes. “Increased occupancy may not come at any incremental costs and may drive better F&amp;B and ad revenue which is high-margin in nature,” Taurani adds. The Passport offer which is not available in the South of India, is also limited in nature. Only 20,000 of these passes are available. The idea behind it is not merely to boost weekday occupancy, claims PVR. “With the Passport, we have sought to break the barriers of cost and allow our newer audiences to immerse themselves in a wide array of movies across diverse genres. We expect this innovative offering will not only revitalize weekday cinema attendance but also introduce a new dimension to how our patrons interact with and enjoy the world of cinema,” said Dutta. Small vs Big Apart from limited releases, a lot of quaint small movies, whose surprise performance vitalized box offices are also missing. These are the movies that are being swept off by OTTs and as per media reports, producers and distributors are also getting <a href="https://economictimes.indiatimes.com/industry/media/entertainment/studios-fail-to-talk-up-movies-theatres-pay-the-price/articleshow/104897753.cms">tight-fisted with marketing spends</a>. Taurani says that theaters’ dependence on large-budget films increased to around 85% in Hindi <keyword id="25892" type="General" weightage="20" keywordseo="box-office" source="Orion">Box Office</keyword> (BO) which is a structural risk. If there is an option to watch ‘many movies’ with a prepaid option, the small movies which are hitherto undiscovered can get a boost. “It's about making every visit to the cinema an opportunity to discover something new, to be entertained, and to be captivated by the magic of storytelling on the big screen, even with the smaller films,” said Dutta. Be it big or small, a movie on a big screen is always an experience. Whether the younger generation who is reportedly more keen on experiences than anything will subscribe to it, is yet to be seen. SEE ALSO <a href="https://www.businessinsider.in/careers/news/what-do-genzs-think-about-the-number-of-work-hours-in-a-week/articleshow/104874213.cms">My shift is over: Why do GenZs say it, and is it a bad thing?</a> <a href="https://www.businessinsider.in/stock-market/news/mamaearth-ipo-honansa-consumers-d-street-debut-to-be-an-acid-test-for-d2c-companies/articleshow/104840366.cms">Honasa Consumer’s D-Street debut an acid test for D2C companies </a><a href="https://www.businessinsider.in/stock-market/news/mamaearth-ipo-honansa-consumers-d-street-debut-to-be-an-acid-test-for-d2c-companies/articleshow/104840366.cms" style="font-size: 16px;"></a> <div type="javascript" title="Custom" contenttype="Text"><cdata><![CDATA[]]></cdata></div>

PVR woos Netflix n Chill crowd back to big screens with its Passport

<ul><li>Starting March 31, Disney+ <keyword id="2739840" type="General" weightage="80" keywordseo="hotstar" source="Orion">Hotstar</keyword> subscribers will no longer be able to stream popular <keyword id="71946" type="General" weightage="80" keywordseo="hbo" source="Orion">HBO</keyword> shows like Game of Thrones, Succession, The Last of Us, among several others. </li><li>This is the second major setback for Disney+ Hotstar which lost IPL streaming rights to Mukesh Ambani-led Viacom18. </li><li>Outraged users are already demanding refunds, with some of them saying they won’t renew their subscriptions. </li><li>Missing out on IPL first, and HBO content now leaving the platform could result in a loss of 15 million subscribers, according to Elara Capital’s Karan Taurani. </li></ul>Bob Iger’s $5.5 billion cost-cutting plan could result in Disney+ Hotstar losing over a quarter of its subscribers in 2023. The loss of the eyeball-grabbing Indian Premier League (IPL), and now losing HBO content could lead to subscribers fleeing the streaming service in droves. Disney+ Hotstar, which was earlier just Hotstar in India, will lose access to HBO content starting March 31. Star India had partnered with HBO back in 2015, giving Hotstar users access to shows like Game of Thrones, Succession, The Wire and more recently, The Last of Us, among several others. All of that will soon go away, though, causing plenty of heartburn among subscribers. "Starting March 31, HBO content will be unavailable on Disney+ Hotstar. You can continue enjoying Disney+ Hotstar's vast library of content spanning over 100,000 hours of TV shows and movies in 10 languages and coverage of major global sporting events," Disney+ Hotstar said on its official social media account. <cmsannotation type="cmsannotation" annotationid="Second major setback for Disney+ Hotstar" comment="subhead" text="Second major setback for Disney+ Hotstar">Second major setback for Disney+ Hotstar</cmsannotation> This is the second major setback for Disney+ Hotstar – the first one was losing IPL streaming rights to Mukesh Ambani’s Viacom18. The impact of losing IPL rights was immediately visible in Disney+ Hotstar’s subscriber base. The platform lost 3.8 million subscribers in the December quarter, bringing down the total paying customers to 57.5 million. “We believe the above will have a significant negative impact on paid subscribers for Hotstar India; we maintain that the loss of subscribers will continue to happen towards June 2023 quarter due to IPL,” said Karan Taurani, senior vice president, Elara Capital. With HBO also leaving the platform, Disney+ Hotstar could see over a quarter of its subscribers fleeing. “In terms of the recent HBO content moving out of Hotstar, we estimate the subscriber loss moving towards the upper end (around 25-30% in total), of the 61.5 million subscribers at peak,” Taurani added. This would bring Disney+ Hotstar’s subscriber base in the 43-46 million range by the end of 2023. However, Taurani says that the existing library of TV content from Star, the upcoming T20 World Cup and the lucrative Star Wars, Marvel and Pixel franchises would offer some respite. <cmsannotation type="cmsannotation" annotationid="Outraged subscribers" comment="subhead" text="Outraged subscribers">Outraged subscribers</cmsannotation> The removal of HBO content from its platform outraged subscribers, who took to social media to vent their frustration. HBO’s content library includes some very famous titles like Game of Thrones, The Last of Us, Succession, The Wire among others. With these shows going away, users vented their frustration, with some of them clearly unhappy about having to watch<a href="https://twitter.com/Tim_Clif/status/1633480837462388739"> Indian soap operas</a>. While some users<a href="https://twitter.com/surajv369/status/1633376378124124160"> demanded</a> a refund, others said they<a href="https://twitter.com/Preetam_M_Rao/status/1633349086735900672"> won’t renew</a> their subscriptions. Here are the HBO shows leaving Disney+ Hotstar: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ballers </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Succession </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Band of Brothers </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">The Baby </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Catch and Kill </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">The Gilded Age </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Curb Your Enth </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">The Last of Us </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Entourage </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">The Nevers </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Game of Thrones </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">The Sopranos </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">House of the Dragon </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">The Time Traveler's Wife </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mare of Easttown </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">The Wire </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mind Over Murder </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Undercurrent </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Obama </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Watchmen </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Scenes from a Marriage </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">We Own This City </td></tr><tr><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Shaq </td><td style="border-left:solid #000000 0.6000000000000001pt;border-right:solid #000000 0.6000000000000001pt;border-bottom:solid #000000 0.6000000000000001pt;border-top:solid #000000 0.6000000000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> </td></tr></tbody></table> <cmsannotation type="cmsannotation" annotationid="Apple, Amazon and now Reliance – Disney’s mounting troubles" comment="subhead" text="Apple, Amazon and now Reliance – Disney’s mounting troubles">Apple, Amazon and now Reliance – <keyword id="46161" type="General" weightage="100" keywordseo="disney" source="Orion">Disney</keyword>’s mounting troubles</cmsannotation> While creating shows and movies and other content is the bread and butter of companies like Disney and Netflix, players like Apple and Amazon have been pumping money into their streaming services, Apple TV+ and Prime Video, respectively, using them as loss leaders to prop up their primary businesses. But for a company like Disney whose primary business is content, eating losses is not feasible in the long-term. It’s why the company brought back Bob Iger from retirement and asked him to course-correct – Iger’s first action was to lay out a $5.5 billion cost-cutting plan. While Disney lost IPL to Reliance’s Viacom18 before Iger was brought back, it did not really make much from its subscribers in India – according to the company’s December 2022 quarter results, Disney+ Hotstar subscribers contributed $0.74 per user per month on average, significantly lower than the $5.95 contribution from Disney+ subscribers in the US and Canada. The Disney+ Hotstar service is available only in India, Indonesia, Malaysia and Thailand. Netflix, which is far more expensive than Disney+ Hotstar in India, reported an average revenue per member of $7.69 in the Asia Pacific region. This is after a 25% reduction in its subscription prices, which now start from as low as ₹149 per month for the most basic plan, translating to ₹1,788 per year. Netflix’ top-tier plan costs ₹7,788 per year. In contrast, the most expensive Disney+ Hotstar plan costs ₹1,499 per year. Essentially, Disney+ Hotstar’s most premium plan is still cheaper than Netflix’ most basic plan. On the other hand, Viacom18, which bagged the lucrative IPL streaming rights for ₹23,758 crore, will provide 4K streaming for free via the JioCinema app. The way forward for Disney+ Hotstar is aggressive investments in creating original content, according to Taurani. However, it needs to click with subscribers who were so far used to HBO’s popular catalogue. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/fpis-continue-to-be-bearish-on-oil-gas-power-stocks-in-february-offload-equities-worth-7821-crore-in-the-two-sectors/articleshow/98511897.cms">FPIs continue to be bearish on oil &amp; gas, power stocks in February, offload equities worth ₹7,821 crore in the two sectors</a> <a href="https://www.businessinsider.in/india/news/indias-gross-savings-and-investments-edge-higher-in-fy22-despite-inflation-says-sbi-research-report/articleshow/98444014.cms">India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report</a> <a href="https://www.businessinsider.in/finance/banks/news/indian-banks-decade-best-metrics-and-subdued-valuations-make-them-a-compelling-buy-bernstein/articleshow/98359442.cms">Indian banks’ decade-best metrics and subdued valuations make them a compelling buy: Bernstein</a>

Without HBO and IPL, 15 million subscribers could flee Disney+ Hotstar in 2023

<ul><li>The box office collection of Prabhas’ last two releases, Saaho and Radhe Shyam, were much below expectations. </li><li>If it’s able to manage a good opening, <keyword id="9776044" type="General" weightage="20" keywordseo="adipurush" source="Orion">Adipurush</keyword> may be able to breach the ₹350-crore lifetime earnings mark, says Elara Capital. </li><li>Small and medium budget films continue to struggle, as their success in North and South circuits has dropped sharply. </li><li>The first quarter of FY24 has gotten off to a slow start, with no surprises except for The Kerala Story and Hollywood movie, Fast X. </li></ul>After an average performance of his last two movies, South superstar Prabhas might see a good run at the box office with his upcoming release Adipurush, say analysts. The movie, based on the mythological epic Ramayana, is expected to bring in opening day collections of ₹50-60 crore for the dubbed versions. The Hindi original is also expected to clock in ₹20 crore, predicts a research report by Elara Capital. As <a href="https://www.dnaindia.com/bollywood/report-adipurush-overseas-advance-booking-bulldozes-past-rs-6-crore-mark-prabhas-om-raut-kriti-sanon-saif-ali-khan-3047559">per media reports</a>, its advance bookings have been creating buzz, especially in overseas markets like Canada and Australia. If it’s able to manage a good opening, this big budget movie will be able to breach the ₹350- crore lifetime earnings mark – unlike Prabhas’ earlier movies Saaho and Radhe Shyam whose collections at ₹280 crore and ₹150 crore, respectively, were way below expectations “The film may surpass our estimates based on good content and word-of-mouth. Ticket prices are expected to be premium, around 20% higher than the average ticket prices on a pan-India level,” says Karan Taurani and Rounak Roy of Elara Capital. Adipurush will be released across India on June 16 in Hindi, Telugu, Tamil, Kannada and Malayalam. It also stars Saif Ali Khan and Kriti Sanon, and is directed by Om Raut who had delivered the superhit movie, Tanaji. Small budget films not bringing in the moolah In spite of a few recent hits like Pathaan, The Kerala Story, Kantara and more, movie theatres have been struggling to bring back footfalls to match the pre-Covid levels. “Small and medium budget films continue to struggle as frequency of content becoming successful has dropped sharply in the North and South circuits,” the research report from Elara, which tracks PVR, says. Vicky Kaushal and Sara Ali Khan's latest release Zara Hatke Zara Bachke has minted ₹37.4 crore in its first week, according to trade analyst Taran Adarsh. The movie, directed by Laxman Utekar, saw a decent opening, garnering ₹5.49 crore on the first day of its release. In spite of the positive surprise that the movie delivered, Elara believes that the momentum was driven by the Buy-One-Get-One-Free (BOGO) offer. It reduces distributor-producer share to approximately 30% from 50% earlier. “It makes film production economics unviable; while it is a good promotional activity to propel audiences back into the cinema halls to drive frequency, good and consistent content is the only big driver for improved occupancy levels,” say Taurani and Roy in their note. A slow start to FY24 The first quarter of FY24 has gotten off to a slow start in terms of box office, with no surprises except for The Kerala Story and Hollywood movie, Fast X. Hindi film box office collections for the first quarter are expected to be 20% lower than what they were pre-Covid. As compared to the same quarter last year, the drop is expected to be sharper at 30%, the research firm predicts. For context, the same time last year had hit movies like Rajamouli’s RRR, Karthik Aryan’s Bhool Bhulaiyaa 2 and Yash’s KGF 2. The second quarter of FY24 is expected to see many big movie releases like Karthik Aryan’s Satyaprem, Sunny Deol’s Gadar 2, Ranveer Singh’s Rocky Aur Rani Ki Prem Kahaani, Akshay Kumar’s OMG 2, Ranbir Kapoor’s Animal and Shah Rukh Khan’s Jawan. “Q2FY24 may be the best quarter even if half of these films report a healthy box office collection. Woes persist for exhibitors as Hindi content recovery is important to drive advertising growth, which remains under pressure,” the Elara report opines. The number of Hindi films lined up for release however remains lower than pre-Covid levels — by 30-35%.

Adipurush’s opening box office collection projections show Prabhas is back

<ul><li>Iconic romantic films including DDLJ, Tamasha, Titanic 3D version and Jab We Met were re-released during Valentine’s week. </li><li>For chains like PVR, reruns have been an important part of their campaign to bring India back to the theatres. </li><li>Analyst Karan Taurani believes reruns are not powerful enough to impact collections or drive theatre occupancy and indicates lack of fresh Bollywood content. </li><li>Indian film critic Sucharita Tyagi states reruns of classics are helping build film communities, drive theatre occupancy and celebrate cinema. </li></ul>Theatre audiences in one of the PVR’s in Punjab were seen dancing to the groovy beats of ‘Mauja hi mauja’, a song from Shahid Kapoor and Kareena Kapoor Khan-starrer Jab We Met, rereleased in theatres almost two decades after its original release. Kapoor called it ‘too special’ on Twitter. But is the business of nostalgia strong enough to mint money at the box office? Several iconic romantic films including – Shah Rukh Khan (SRK)-Kajol-starrer Dilwale Dulhania Le Jaayenge (DDLJ), Ranbir Kapoor-Deepika Padukone’s Tamasha, James Cameron’s Titanic in 3D and Jab We Met – were released across PVR, Inox and Cinepolis theatres during Valentine’s week this February. Even though DDLJ remains the longest-running film in Indian cinema and is immensely popular with multiple reruns, it found tough competition this Valentine’s week from the Jab We Met rerun. “Jab We Met has now started beating DDLJ in PVR. Jab We Met collected ₹2 lakh on Friday. The collections then jumped to approximately ₹5 lakh on Saturday while the collections on Sunday were ₹6 lakh. On Monday, while DDLJ collected ₹6 lakh, Jab We Met collected ₹6.5 lakh in the multiplex chain,” reported<a href="https://www.bollywoodhungama.com/news/features/jab-mets-re-release-springs-surprise-collects-monday-sunday-also-beats-dilwale-dulhania-le-jayenge-pvr/"> Bollywood Hungama</a>. Rerun campaigns for boosting footfalls PVR Oberoi Mall in Goregaon, Mumbai decided to play six shows of Jab We Met on Valentine’s day. Tamasha had 150 shows with 50% audience occupancy and Titanic 3D version rerun had 1,000 shows, with 60% occupancy, PVR told Business Insider India. The PVR’S Valentine Week Film Festival (10th-16th February 2023) also re-released other romantic titles across languages – Ticket to Paradise (English), Ved (Marathi), Geetha Govindam (Telugu), Vinnaithaandi Varuvaayaa (Tamil), Hridayam (Malayalam), Googly (Kannada) and Love Ni Bhavai (Gujarati). “Screened across 25 cities in India, Jab We Met, DDLJ, Tamasha, Vinnaithaandi Varuvaayaa and Titanic especially received good response, recording average occupancy of 50-70%. Shows of Jab We Met had to be increased to meet the increased demand,” Gautam Dutta, CEO, PVR, told Business Insider India. PVR aims to continue with their rerun campaigns in the future, given the power nostalgia wields on millennials and even GenZs, Dutta added. For chains like PVR, reruns have been an important part of their campaign to boost theatre occupancy – be it re-releasing 11 films starring Amitabh Bachchan on his 80th birthday or the ‘Dilip Kumar Hero of Heroes’ campaign celebrating his 100th birth anniversary. The release of DDLJ during SRK’s birthday last year collected ₹23.4 lakh, claiming 60% occupancy then. “When you watch Jab We Met, you also watch it with 300 people who are die-hard fans of that film. Witnessing this celebration is pure joy. You know the punchlines, where to laugh, where to cry. Props to the Film Federation of India for bringing these classics back. They are also driving theatre occupancy,” Sucharita Tyagi, an Indian film critic told Business Insider India. Many movies like DDLJ, Tamasha, Jab We Met are already available on OTTs yet cinephiles are flocking to theatres in hoards. An Ormax report states the Indian theatre audience has lost <a href="https://www.businessinsider.in/business/news/indian-film-industry-lost-24-million-moviegoers-to-the-pandemic-ormax/articleshow/97918537.cms">24 million</a> moviegoers to the pandemic. This is accentuated by low impact of small and medium-budget films and availability of OTT platforms. The OTT audience in India has grown 20% in 2022 with 424 million active users. Yet, it looks like the big screen has its pull. “We are seeing films like Deewar in theatres, which was released when we weren’t even born. It is a novelty experience. Reruns boost film communities. The Priyanka Chopra led Jio-MAMI festival is also bringing physical screenings back. It is a good time for cinema I believe,” added Tyagi. Impact on collections: minuscule Reruns may boost film communities, but will they be able to revive flagging footfalls and lift box office collections? Karan Taurani, analyst at Elara Capital, believes reruns are not powerful enough to impact collections or drive theatre occupancy. They are rather indicative of fresh Bollywood content. Also, reruns have limitations in their reach. For instance, a Jab We Met will rake in more numbers in Punjab or Delhi as compared to South Indian cities like Chennai. “Reruns are happening because Pathaan has seen a strong run in the last two and a half weeks. Little to no fresh content is being offered, which is why these films are being re-released. The number of Hindi films released every quarter have come down 25-30%, from over 20 films every quarter pre-pandemic to less than 14 films now. There is greater reliance on big-budget films,” Taurani told Business Insider India. SRK-Deepika Padukone-starrer Pathaan crossed ₹500 crore in India in 20 days, contributing 46% to <a href="https://www.ormaxmedia.com/insights/stories/the-india-box-office-report-january-2023.html?s=08">January’s India box office</a> collections. Films released in January 2023 grossed ₹1,389 crore at the domestic box office, the highest since April 2022, as per <a href="https://www.ormaxmedia.com/insights/stories/the-india-box-office-report-january-2023.html?s=08">Ormax report.</a> A caveat – only six films managed to cross the ₹10 crore mark, indicating greater reliance on big-budget movies like Pathaan. “The impact of reruns is very minuscule. Collection is low because these are consumed more in terms of single screens where ticket prices are low. I don’t foresee a large number of people going to multiplexes for these films as ticket prices are 3-4 times higher,” added Taurani. But Tyagi states these movies are helping India come back to the theatres, although she too wishes the ticket prices of these movies were cheaper. “I cannot say if these movies are being used as fillers before the big releases but I am glad India is coming back to the theatres. I wish the ticket prices and snacks at concession stands were cheaper at theatres to make movie watching a more affordable experience,” added Tyagi. Reruns may not be too successful at raking in the moolah at the box office but what they surely do is revive the currency of nostalgia – allowing the audience to relive the past while providing theatre chains a respite from falling audience footfalls.

Business of nostalgia: Reruns aim to bring India back to the silver screens

<ul><li>On the basis of strong advance bookings, Elara Capital expects a strong opening with earnings of ₹20-22 crore over the weekend.</li><li>The science-fiction movie has been made at a massive budget of ₹410 crore.</li><li>Over the last few months, multiplexes like PVR and Inox have lost 30-35% of their advertisement business after the dismal performance of the latest Bollywood movies.</li></ul>With two days to go for its release, the mega budget movie <keyword id="7397576" type="General" weightage="20" keywordseo="Brahmstra" source="Orion">Brahmāstra</keyword> is off to a flying start, say business analysts. PVR has said that over one lakh tickets have been pre-booked for the coming weekend. “Finally, some relief for the industry. received #Brahmāstra *day-wise data* (advance booking) of a leading multiplex chain. Observations say that tickets sold are at 11,558 which is a very positive start, since advance opened at select locations only,” <a href="https://twitter.com/taran_adarsh/status/1565973786368675841?t=OJ1okV-x7JlFgPVi5qq65g&amp;s=19">tweeted business analyst </a>Taran Adarsh. On the basis of strong advance bookings, Elara Capital expects a strong opening with earnings of ₹20-22 crore over the weekend. “The lifetime box office (collection) for the film is estimated to be in a wide range of ₹130-200 crore, basis the strong advances,” says a media note by the brokerage firm. However, the science fiction movie as it’s being called, has been made over a massive budget of ₹410 crore and even if the upper end is breached it will earn only half of what was spent on its making. The movie is bankrolled by Karan Johar owned Dharma Productions along with Starlight Pictures, Prime Focus and Star Studios. The movie stars Ranbir Kapoor and Alia Bhatt and is the first of the franchise of three movies. “Brahmastra is the first sci-fi based Hindi franchise, and augurs well, as audiences want to watch large scale content in cinemas with visual effects. The film has seen strong acceptance/advances in the premium format screens (Imax, 3D etc), given the nature of content,” said Karan Taurani of Elara Capital. Word-of-mouth publicity But even for the movie to earn ₹200 crore, it would need a lot of good reviews that would bring the audience to the theatres. “We believe a positive word of mouth and audience acceptance can help the film breach the upper end. It will be tough to provide any concrete estimates unless we get to know reviews, as most recent estimates have been revised downwards post reviews. Hope it’s the other way round (positive side) for Brahmāstra as it’s a very large franchise movie and Hindi Box Office desperately needs a hit movie,” says Taurani. However, if the movie turns out to be a hit, it could rake in the moolah for theatre owners who have been hurt by the dismal performance of the much-hyped recent film releases – <keyword id="4632769" type="General" weightage="20" keywordseo="Liger" source="Orion">Liger</keyword> and <keyword id="14924108" type="General" weightage="20" keywordseo="Lal-Singh-Chaddha-" source="Orion">Lal Singh Chaddha.</keyword> “A film like Brahmāstra can provide support (to) ticket prices and spend-per-head growth too, as the film is available in multiple premium formats – average ticket price and spend per head have been 15-25% higher than pre-Covid levels until last quarter for multiplex chains,” said Taurani. The movie will be released in 3D, IMAX 3D and 4DX 3D formats across theatres, this Friday. Moreover, since it’s dubbed in multiple languages, it can bring in 15-20% of the business from regional markets too. Over the last few months, multiplexes like PVR and Inox have lost 30-35% of their advertisement business after the dismal performance of the latest movies. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/retailtech-startup-daalchini-raises-4-million/articleshow/94045971.cms">Retail-tech startup Daalchini raises $4 million in a round led by Unicorn India Ventures</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/banks/news/axis-bank-paynearby-partner-to-take-banking-to-rural-and-remote-areas/articleshow/94050937.cms">Axis Bank, PayNearby partner to take banking to rural and remote areas</a>

Brahmāstra hits the advance booking bulls eye but needs word of mouth publicity

<ul><li>After scooping up the digital streaming rights of IPL, Reliance’s <keyword id="4078236" type="General" weightage="20" keywordseo="Jiocinema" source="Orion">JioCinema</keyword> will get <keyword id="6407652" type="General" weightage="20" keywordseo="Succession" source="Orion">Succession</keyword>, <keyword id="12933953" type="General" weightage="20" keywordseo="The-White-Lotus" source="Orion">The White Lotus</keyword> and other <keyword id="71946" type="General" weightage="20" keywordseo="HBO" source="Orion">HBO</keyword> shows and movies starting May. </li><li>Reliance’s media arm Viacom18 has entered into a multi-year agreement with Warner Bros. Discovery, further strengthening its content portfolio. </li><li>In March this year, Disney+ Hotstar lost access to all HBO content after streaming it since 2015 as parent Disney CEO Bob Iger went on a cost-cutting spree. </li></ul>After scooping up the digital streaming rights of the Indian Premier League (IPL), Reliance’s JioCinema will host Succession, The White Lotus and other HBO shows and movies starting May. Reliance’s media arm Viacom18 has entered into a multi-year agreement with Warner Bros. Discovery, further strengthening its content portfolio. Starting May, JioCinema users will be able to stream HBO, Max Original and Warner Bros. content on the app. In addition to this, JioCinema users will also get access to extremely popular movies and shows like Harry Potter and Lord of the Rings, and animation series like Tom &amp; Jerry Kids and Dexter’s Laboratory, among others. Making the announcement, Ferzad Palia, head - SVOD &amp; International Business, Viacom18, said, “We are now on a mission to build the most magnetic destination for entertainment for all Indians.” The highly popular Dune series, which is getting its second season with Dune: The Sisterhood will also be available on JioCinema when it premieres. Other popular titles like Game of Thrones, Sex &amp; The City, Chernobyl, Big Little Lies and more will also be available, the company said in a statement. <cmsannotation type="cmsannotation" annotationid="JioCinema could soon launch premium subscription plans" comment="subhead" text="JioCinema could soon launch premium subscription plans">JioCinema could soon launch premium subscription plans</cmsannotation> With JioCinema soon to be the home of HBO and Warner Bros. content in India, Reliance’s bid to start charging viewers a subscription fee gets a leg up given the popularity of both sports and HBO content in India. Earlier this week, <a href="https://www.businessinsider.in/business/news/jiocinema-may-soon-launch-premium-subscription-plans-offering-4k-content-starting-at-2-per-day/articleshow/99736111.cms">a test website of JioCinema revealed</a> the company’s premium plans, which start from as low as ₹2 per day, with the top tier platinum plan costing ₹599 per year. This is cheaper than what other top players like Netflix, Amazon Prime Video and Disney+ Hotstar are charging – while Netflix charges up to ₹7,788 per year for its most premium plan, Amazon Prime Video and Disney+ Hotstar charge ₹1,499 per year. That said, JioCinema’s premium plans are not yet live on the platform and it’s not known when or if they will be launched. All eyes will be on the company for more details. <cmsannotation type="cmsannotation" annotationid="Second major setback for Disney+ Hotstar" comment="subhead" text="Second major setback for Disney+ Hotstar">Second major setback for Disney+ Hotstar</cmsannotation> Viacom18’s rival Disney+ Hotstar earlier lost the digital streaming rights of IPL in the 2023-27 cycle, and subsequently in March this year, its 8-year partnership with HBO also came to an end as the two companies could not agree on a price amidst Disney’s global cost-cutting spree. The impact of losing IPL rights was immediately visible in Disney+ Hotstar’s subscriber base. The platform lost 3.8 million subscribers in the December quarter, bringing down its total paying customers to 57.5 million. According to Elara Capital’s senior vice president Karan Taurani, the loss of IPL and HBO content could lead to a <a href="https://www.businessinsider.in/entertainment/news/without-hbo-and-ipl-15-million-subscribers-could-flee-disney-hotstar-in-2023/articleshow/98517377.cms">quarter of Disney+ Hotstar subscribers fleeing</a> the service. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/maruti-suzuki-to-drive-into-the-suv-lane-as-small-cars-become-dearer/articleshow/99809896.cms">Maruti Suzuki to drive into the SUV lane as small cars become dearer</a> <a href="https://www.businessinsider.in/business/auto/news/maruti-suzuki-q4-net-profit-zooms-43-to-2624-crore-beating-expectations-to-add-capacity-of-1-million-vehicles/articleshow/99790060.cms">Maruti Suzuki Q4 net profit zooms 43% to ₹2,624 crore beating expectations, to add capacity of 1 million vehicles</a> <a href="https://www.businessinsider.in/business/auto/news/bajaj-auto-rides-on-richer-product-mix-in-q4-but-export-and-disruption-concerns-persist/articleshow/99784940.cms">Bajaj Auto rides on richer product mix in Q4, but export and disruption concerns persist</a>

From Succession to Harry Potter and Game of Thrones, JioCinema will be the new home of HBO in India starting May

<ul><li>Viacom18’s digital streaming platform <keyword id="4078236" type="General" weightage="100" keywordseo="jiocinema" source="Orion">JioCinema</keyword> said its <keyword id="6354312" type="General" weightage="80" keywordseo="ipl" source="Orion">IPL</keyword> 2023 videos have recorded over 1,300 crore views in the first five weeks. </li><li>So far, 56 out of the 74 matches have been played, and the league is entering its final phase. </li><li>Two matches involving the MS Dhoni-led Chennai Super Kings recorded the highest number of concurrent users. </li></ul>The ongoing Indian Premier League (IPL) 2023 received over 1,300 crore video views on JioCinema in the first five weeks, according to Viacom18. The company announced this after 56 out of the 74 scheduled matches were played during IPL 2023. Viacom18 is the digital streaming partner of IPL after having bagged the digital rights for the 2023-27 cycle for $2.7 billion. The IPL 2023 season is streaming for free, giving users access to matches in several Indian languages as well as English. In addition to these, JioCinema also offers the ability to use different modes like 360-degree, spider cam, bowler point of view, among others. “JioCinema continues to grow from strength to strength every week and it is based on clear evidence of consumer’s outright preference of catching the Tata IPL on digital [platforms],” said Viacom18 Sports CEO Anil Jayaraj. In terms of concurrent users – that is, users watching the match simultaneously – JioCinema recorded a peak of 2.4 crore users in the Chennai Super Kings (CSK) vs Royal Challengers Bangalore (RCB) match on April 17, beating the previous record 2.23 crore viewers in the CSK vs Rajasthan Royals just five days earlier. <keyword id="46161" type="General" weightage="80" keywordseo="disney" source="Orion">Disney</keyword> Star, on the other hand, has the TV broadcasting rights, and the Disney-owned network reported that its IPL 2023 viewership in the first four weeks stood at 43.4 crore users. It’s the second-highest viewership in IPL’s 16-year history. It is worth noting that while JioCinema’s statistics talk about video views, Disney Star’s statistics refer to users, so the two are not directly comparable. <cmsannotation type="cmsannotation" annotationid="After IPL, JioCinema scoops up HBO" comment="subhead" text="After IPL, JioCinema scoops up HBO">After IPL, JioCinema scoops up HBO</cmsannotation> Pulling another coup on Disney, Viacom18 entered into a multi-year agreement in April with Warner Bros. Discovery to make<a href="https://www.businessinsider.in/entertainment/news/from-succession-to-harry-potter-and-game-of-thrones-jiocinema-will-be-the-new-home-of-hbo-in-india-starting-may/articleshow/99813538.cms"> JioCinema the new home of HBO in India</a>. Starting May, JioCinema users will be able to stream HBO, Max Original and Warner Bros content on the app. In addition to this, JioCinema users will also get access to extremely popular movies and shows like Harry Potter, Lord of the Rings, Succession, and animation series like Tom &amp; Jerry Kids and Dexter’s Laboratory, among others. Making the announcement, Ferzad Palia, head - SVOD &amp; International Business, Viacom18, said, “We are now on a mission to build the most magnetic destination for entertainment for all Indians.” With a growing content library thanks to sports like IPL, FIFA World Cup, LaLiga, MotoGP 2023, and now HBO content, JioCinema has been spotted testing a premium subscription plan. In April, <a href="https://www.businessinsider.in/business/news/jiocinema-may-soon-launch-premium-subscription-plans-offering-4k-content-starting-at-2-per-day/articleshow/99736111.cms">a test website of JioCinema revealed</a> the company’s premium plans, which start from as low as ₹2 per day, with the top tier platinum plan costing ₹599 per annum. This is cheaper than what other top players like Netflix, Amazon Prime Video and Disney+ Hotstar are charging – while Netflix starts at ₹1,788 per year for its mobile plan, Amazon Prime Video and Disney+ Hotstar charge ₹1,499 per year. That said, JioCinema’s premium plans are not yet live on the platform and it’s not known when or if they will be launched. All eyes will be on the company for more details. The loss of IPL and now HBO has eaten significantly into Disney+ Hotstar’s subscriber base – according to the company, Disney+ Hotstar <a href="https://www.businessinsider.in/business/news/disney-loses-4-mn-subscribers-as-fresh-layoff-round-approaches/articleshow/100153975.cms">lost 4.6 million subscribers</a> in the March quarter, increasing from the 3.8 million loss in the December quarter. Elara Capital’s Karan Taurani has<a href="https://www.businessinsider.in/entertainment/news/without-hbo-and-ipl-15-million-subscribers-could-flee-disney-hotstar-in-2023/articleshow/98517377.cms"> projected</a> that by the end of 2023, Disney+ Hotstar is likely to lose 15 million subscribers, falling to 43 million. From the existing subscriber base of 53 million, Disney+ Hostar is likely to lose another 10 million subscribers over the next three quarters. SEE ALSO: <a href="https://www.businessinsider.in/business/news/tv-audience-is-growing-in-complexity-as-idiot-box-turns-smart/articleshow/100122882.cms">TV audience is growing in complexity as idiot box turns smart</a> <a href="https://www.businessinsider.in/business/corporates/news/lt-q4-net-profit-rises-10-to-3987-crore-cautiously-optimistic-about-fy24/articleshow/100137513.cms">L&amp;T Q4 net profit rises 10% to ₹3,987 crore, cautiously optimistic about FY24</a> <a href="https://www.businessinsider.in/investment/news/investment-supertrends-2023-ai-to-digitalisation-and-green-energy/articleshow/100126382.cms">AI to digitalisation and green energy: Supertrends defining investment for today and the future</a>

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Analyst’s prescription for Bollywood: Focus on star power & content

BI India Bureau

PVR woos Netflix n Chill crowd back to big screens with its Passport

Gulshan

Katya

Without HBO and IPL, 15 million subscribers could flee Disney+ Hotstar in 2023

Rounak Jain

Adipurush’s opening box office collection projections show Prabhas is back

Katya Naidu

Business of nostalgia: Reruns aim to bring India back to the silver screens

Eetika Kapoor

Brahmāstra hits the advance booking bulls eye but needs word of mouth publicity

Katya Naidu

From Succession to Harry Potter and Game of Thrones, JioCinema will be the new home of HBO in India starting May

Rounak Jain

IPL 2023 scores over 1,300 crore video views on JioCinema in the first five weeks

Rounak Jain

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