PVR posts ₹71 cr loss as Bollywood flop show continues
Admissions and average ticket price during the quarter were impacted by the weak performance of Bollywood and Hollywood movies, says PVR.
Admissions and average ticket price during the quarter were impacted by the weak performance of Bollywood and Hollywood movies, says PVR.
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’.
Consumers have been empowered by a plethora of good quality content which has come on the OTTs in the last two and a half years, says Manish Kalra of ZEE5.
Bollywood NFTs have become popular after veteran actors like Amitabh Bachchan and Salman Khan forayed into the space.
There is no regulatory structure in India for cryptocurrencies, making NFTs risky. The lack of liquidity is also a worry.
Once we're able to revive and re-establish the business, we can look at diversification, Sanjeev Kumar Bijli, joint managing director, PVR, told Fortune India.
Actor Bhumi Pednekar opens up on why it is important to have a sustainable lifestyle and how climate change is a conversation we need to have more often.
Prashan Agarwal, CEO, Gaana, talks about the trends in the music streaming industry and the change in consumption patterns during the lockdown.
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.