Movies

Today, entertainment is finally about business: Manmohan Shetty

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/movie-images/2014/02/08/Movies_Hindi.jpg?itok=ANoQfwr4

MUMBAI: Even as the Indian Merchants Chamber (IMC) gears up for the third edition of its ‘IMC FUSION’ under the auspices of its Entertainment Committee, for the first time, the committee will be chaired by film producer-entrepreneur Manmohan Shetty.

Apparently, Shetty was egged on by good friend and construction magnate Niranjan Hiranandani to accept the position. In a candid chat with indiantelevision.com, he spoke of what the conference would be all about this time...

Congratulations on your appointment as chair of IMS FUSION 2014. What will be your prime focus as far as the entertainment industry is concerned?

This time, we are focusing on two aspects of the entertainment industry. One being the business aspect and the other one being the technology used in entertainment. We have invited Tamil superstar Rajinikanth’s daughter, Soundarya and Dr Murali, who will talk about the technology deployed in creating stunning visuals in their upcoming film Kochadaiiyaan.

Please elaborate on the business aspect the conference will be touching upon. Who will be talking about the business of entertainment at the conference?

Today, entertainment is finally about business. Big stars are turning producers because they are not only inclined creatively but also want to ensure their movie does good business. I would say the business aspect is more important than the creative aspect. Even students graduating out of film schools like Whistling Woods and others are ultimately looking to make money and do good business.

Answering the second part of your question, we have invited Mukesh Bhatt to expound on the business aspect of entertainment. He will deliberate on how it is possible to make a small-budget film and still reap profits from it. After the success of Vishesh Films’ Aashiqui 2, I think he is the best person to speak on this subject (smiles).

This time, IMS FUSION has tied up with IES Management College and Research Centre. What do you intend to achieve through this collaboration?

The intention is to have a greater interaction with students. We have also invited students of cinema and media. To interact with them, we have invited captains of industry who will share their experiences and insights with them. We believe this will be fruitful for those who want to make a career in the entertainment industry.

Last but not the least, what is the one thing you intend to achieve as chair this year?

I feel people are rather private and personal in this industry. For every production company churning out films through the year, there are many which are unable to produce the same number of movies. So, what kind of talent goes into making commercially viable or financially viable films or any other financially viable projects? I want this information to be disseminated which can happen either by reading or listening to people who’ve already been there, done that... I will be happy if such information is passed on by people who have the knowledge and experience to rank newcomers who will be soon entering the industry. If that happens through IMC FUSION, I will be happy.

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