Movies

Home video rental market in an upswing

MUMBAI: The fracas between multiplexes and film producers over revenue sharing has not left cinemagoers without any source of entertainment, though there is an anxiety concerning the release of new films. Viewers are now turning to home video in a big way. Not only are pirated films selling like hot cakes, original CDs/DVDs are going off the shelf of video rental libraries far too frequently."We have been witnessing a 15 per cent growth over and above our regular growth of 15- 20 per cent on a month-on-month, since a month and a half. On an average movies watched by a member increased from 8-10 DVDs to 12 DVDs per month which very much more than the number of movies watched usually. Also, to make the most of these times, we have introduced a couple of offers so as to induce more people to watch movies at home with BIGFlix and are getting great response so far," says bigflix.com chief lead online DVD rental business Pankaj Chandra.

There has also been an increase in the demand for alternative content. Shemaroo Entertainment Ltd director Hiren Gada avers, "Due to the lack of new releases, our CD/ DVD sales have increased and are placed anywhere between 30 to 40 per cent. Another noticeable effect is that sports content is also in huge demand, thanks to the Indian Premier League (IPL) matches."Movie rental



service Seventymm has claimed that the demand for films has shot up by almost 25 per cent. The stoppage of new releases has seen a surge of new customers. Earlier its clients would rent up to three films a week but now they would hire almost five films every day, says a source in the organisation. The company has a market share of 60 per cent with 1, 20, 000 customers pan India.

However, Moser Baer COO G Dhananjayan begs to differ. He says, "Old films are not being asked for. Yes, fresh titles are always in the askance. We are of course keeping ourselves abreast of the current situation. A few days earlier, we released Dev D and today we are releasing Dilli 6. All said and done these are fresh films and will attract considerable attention. Besides, there is no such news that sales or hiring of films have gone up. From the vast market we have around the country, from nowhere have we heard that CD/DVD sales are on the rise. In fact people are depressed because the inflow of new films has stopped."

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/16/pvr_0.jpg?itok=UZKfyV-h
PVR acquires minority stake in US luxury theatre chain

PVR Ltd (PVR) will acquire a minority stake in US-based luxury restaurant and theatre iPic-Gold Class Entertainment (iPic).

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/15/sunil-lulla_1.jpg?itok=sqgylncT
Eros reports higher profit margin despite fewer releases

BENGALURU: Sunil Lulla-led Eros International Media Limited (Eros) reported 21 per cent margin (on operating income) for consolidated profit after tax (PAT) for the quarter ended 30 September 2017 (Q2 FY 2017-18) as compared with 12.8 per cent margin for the corresponding quarter a last ago. The...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/31/inox1.jpg?itok=CpHFAdho
Inox reports increase in revenue, profits for second quarter

BENGALURU: Indian cinema chain Inox Leisure Limited (Inox) has reported improved revenue and net profit after tax (PAT) for the quarter ended 30 September 2017 (Q2-18, current quarter) as compared to the corresponding quarter of the previous year (Q2-17, year ago quarter). Inox revenue from...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/31/Grand-Challenge.jpg?itok=Eg01vsKl
1700 films received on ending violence against women film contest

NEW DELHI: Around 1700 entries from over 600 colleges have come in response to a campaign launchged earlier this year for two-minute films on generating debate and promote positive change in cultural and social norms around the value of women in India. The campaign ‘#BasAbBahutHogaya – Enough is...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/28/TP_Aggarwal.jpg?itok=WSDOM3Rj
Reduce GST on film industry, IMPPA pleads to FM Jaitley

NEW DELHI: The Indian Motion Pictures Producers Association (IMPPA) has urged the government to fix 5 per cent as the maximum GST rate that should be charged on all goods and services connected with the entertainment industry including entertainment tax.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/27/pvr.jpg?itok=O3ssMyZ4
PVR reports lower numbers for second quarter

Indian entertainment and exhibition company PVR Limited (PVR) reported a slight decline in total revenue for the quarter ended 30 September 2017 (Q2-18, current quarter) as compared to the corresponding year ago quarter (y-o-y). Operating profit (EBIDTA), net profit after tax (PAT) and total...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/24/Bahubali%202_0.jpg?itok=jd72CACi
Baahubali 2 catapults Sony Max across genres and in Hindi movies genre

BENGALURU: Baahubali 2 raked in viewership for Sony Max as the channel topped Broadcast Audience Research Council’s (BARC) weekly ratings for Top 5 Hindi Movie channels - HSM (U+R) : NCCS All : 2+ Individuals for week 41 of 2017 (Saturday, 7 October 2017 to Friday, 13 October 2017). Sony Max was...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/23/Priya_Giri_Desai-David_Schwartz.jpg?itok=salialb2
Women filmmakers' northeast works to be highlighted at India fest in NY

NEW DELHI: Three films from northeast India and a special focus on films made by women filmmakers will be the highlights of the second edition of the India Kaleidoscope Film Festival (IKFF) to be held in New York next month. The festival is being presented by the Museum of the Moving Image (MOMI)...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/21/Secret%20Superstar.jpg?itok=6bQiSsgV
Secret Superstar: Patchy underdog movie riding on Aamir's fame

There have been numerous films on a protagonist going against the tide to fulfil his ambition and childhood dream. Usually, in films, such aspirants come from second rung cities, small towns or mofussil India. That adds to the sympathy or the underdog quotient as the script’s requirement.

Movies Hindi

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories