Movies

E&Y pegs South Indian film industry at Rs 17.3 billion

CHENNAI: The South Indian cinema industry, which is heavily dependent on domestic theatrical revenues, is pegged at Rs 17.3 billion.


Telugu and Tamil movies contribute around Rs 7.7 billion each (45 per cent each), according to an Ernst & Young-Ficci report.


Malayalam movies make Rs 1.4 billion, or eight per cent share of the South Indian film market, while Kannada films earn Rs 0.5 billion (two per cent).


Almost 65 per cent of the revenues in the South Indian Film industry come from films exceeding budgets of Rs 70 million, the report, which looked at the fiscal ended 31 March 2009, said.


Forty per cent of the films made during FY‘09 didn’t get released. There is a need for better marketing of films which could start right from the inception of the film, especially in the international territories.


The domestic theatrical revenue stream is the most dominant, accounting for nearly three-fourth (around Rs 12.6 billion) of the total kitty. Efforts must be made to increase non-theatrical revenues, the report suggested.


"The four states have 50 per cent of the theatres in India. Almost 25 per cent (1,200 theatres) of the 5,000 theaters in the south are digital, a figure that is far higher than that of the rest of the country," the report said.


Revenue from cable and satellite (C&S) television rights come next in the list, accounting for 17 per cent, or around Rs 3 billion, of the total revenue pie.


Also, there is a large untapped international market which is made up of the large global diaspora of people from South India who have to sometimes resort to viewing pirated copies because of unavailability of original copies. Thus revenues from international theatrical rights are confined to Rs 0.9 billion, or five per cent, of the total revenue pie.


Other revenue streams, which include music rights, domestic home video rights, Internet and mobile rights account for Rs 0.8 billion (5 per cent of the total revenue).


Among the top markets, Tamil Nadu is much dependent on the domestic theatrical releases as Rs 6.2 billion comes from this stream. The C&S TV rights in Tamil Nadu contribute just Rs 0.8 billion as the market has not seen new channel launches and is greatly dominated by Sun TV network.


Telugu movies earn more from the sale of TV telecast rights, perhaps led by the fact that the market has seen more channel launches. About Rs 1.8 billion comes from the sale of TV rights, according to the report.


The industry has immensely talented actors, artistes, technicians and crew members and adopts a disciplined approach, preplanning processes and adheres to schedules right from script to screen which leads to high productivity levels and overall lower costs of film making. "Spiralling production costs, however, need to be brought down," the report said.

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