The December quarter witnessed a sharp bounceback from the previous quarter on the back of strong content performance and good recovery in box office collections.
Bhatt says that mainstream content should appeal to a wider audience, like a family, whereas OTT platforms are better for intimate storytelling—which can cut across geographies and diaspora
Mediocre content, the surge in OTT platforms, short-form videos, and the rise of regional cinema, especially the South, have dented the age-old Bollywood ‘craze’.
Covid-19 hit movie halls hard, and PVR—India's largest multiplex chain—was no exception. Talking to Fortune India, Ajay Bijli, its chairman, opens up about his business, and what keeps him going.
The Multiplex Association of India estimates that the sector has suffered a monthly loss of ₹1,500 crore in the last six months, amounting to ₹9,000 crore.
Streaming giant Amazon Prime Video has commissioned 20 new series globally; seven are from India. Amazon India head Gaurav Gandhi believes now is the best time—both for viewers and creators.
Indians prefer large-screen viewing experience, it said in a report; screen scalability issues and any imposition of local body tax are the only two risks in the cinema space.
Megaplex is Inox’s biggest multiplex with a 1,586 seat capacity. Analysts expect ad revenue to fall for the multiplex industry due to the slowdown, but say the show will go on.
Amitabh Bachchan has been in the movies for 50 years, but still works with the enthusiasm of a newcomer. He has been selected for the Dadasaheb Phalke Award this year.
