F&B

Starbucks India launches subscription plan

Barista Coffee races towards 500 cafes

Starbucks Rewards Day is here

Keventers launches ₹99 range of beverages

Tim Hortons continues India expansion

UAE’s Kulfilicious opens 2nd outlet in India

E-Commerce

FirstCry opens 8,000 sft store – largest in India
Babycare

FirstCry opens 8,000 sft store – largest in India

April 1, 2023
Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues
E-Commerce

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues

December 15, 2022
Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x
E-Commerce

Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x

October 11, 2022
Vinod launches 100% Virgin Aluminium Cookware
Indian Ecomm

Vinod launches 100% Virgin Aluminium Cookware

January 21, 2022
No Result
View All Result
Thursday, September 28, 2023
  • Login
Retail Updates
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • Coffee
    • Cloud Kitchens
    • QSR
    • Traditional
    • Tech Delivery
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • People
      • Movements
      • Obituary
    • Industry Info
    • Global
      • Amazon
      • Apple
      • Starbucks
      • Shell
      • Walmart
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Britannia
      • Colgate
      • Future Group
      • Dabur
      • HUL
      • ITC
      • Marico
      • Nestle
      • Patanjali
      • Reliance
      • Reckitt
      • Shoppers Stop
      • Tata Group
    • Listed Cos.
  • Specialty Retail
    • Airports
      • AAI Airports
      • PPP Airports
      • International Airports
    • Travel Retail
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Beauty Services
    • Babycare
    • Liquor
    • CDIT
    • Grocery Retail
    • Pets & more
    • Home Improvement
    • Kidswear
    • Books
    • Athleisure
    • Pets & more
    • Leather
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note
Retail Updates
No Result
View All Result
Cinemas score a big win this Deepavali

Cinemas score a big win this Deepavali

by Editor
November 10, 2021
in Cinemas, Entertainment, Multiplex
Reading Time: 3 mins read
0

Across India, cinema theatres are functioning full house from mid-October onwards, including the key markets of Maharashtra, Tamil Nadu, Andhra, Telangana and Karnataka. For the record, India would produce over 2,000 movies pa pre-pandemic of which around 1,000 would be in Hindi language, followed by 300 each in Tamil and Telugu while the others would constitute the rest. During 2020 and 2021, the total theatrical releases have been less than 500 across languages with several top Actors and Production houses taking up the OTT route with direct releases or an immediate release on OTT after theatrical.

In Hindi, Akshay Kumar’s Sooryavanshi released on Deepavali day across India and the world. In Tamil, Superstar Rajinikanth’s Annaatthhe (meaning Elder Brother) released across 700 screens in India and worldwide. The film is said to have grossed over 70 Crores on the opening day, 4 Nov. 2021 worldwide, of which half of it was in Tamil Nadu. Over the 4-day weekend, Annatthhe is said to have grossed over Rs. 175 Crores worldwide, 80% of it in India and over 60% in Tamil Nadu only. Sooryavanshi, on the other hand is said to have grossed Rs. 77 Crores during the three day weekend in India. Analysts have been tracking the film exhibition business over the past few days and have sent some very positive news to the ailing Industry which employs over 10 million people in India, directly and indirectly.

YOU MAY ALSO LIKE

Bisleri x Jawan limited edition packs now available

PVR-Kotak Debit Card offers 20* free movie tickets yearly

While most of the Deepavali film collections have come from the standalone theatres, which stood at 8,000+ screens all India, Multiplexes are not far behind as well. Inox, PVR, Carnival and a few other organised players together operate over 2,000 screens in India and have reported positive collections for both the festival releases. It is said that at least 1,000 standalone screens across India have shut down permanently due to the ongoing pandemic, given that the maintenance costs for a non-operational theatre is much more than when it is being operational. Still, the audience have been thronging to the screens unmindful of the potential spread of the coronavirus. Perhaps, this could be due to the fact that 90% of the eligible population has already taken the Vaccine atleast once, while half of them have taken both dosages. Inox and PVR Cinemas are offering various consumer offers on Food & Beverage, to drive non-Cinema revenues.

Multiplexes in Malls are a key driver of footfalls to the Malls, which also convert in to customers at Food courts and Restaurants. Shopping for fashion, apparel and footwear become incidental, given that the entire activity is seen as a day-out or an evening outing for middle class Indians. The latest film releases have sent a positive shock wave across the Film Exhibition business, with a potential bumper season ahead with a slew of releases in the pipeline, despite many mid-size films preferring the D2C route through OTT platforms. If the current trend continues, the trio of Multiplex-Malls-Shopping is headed for a massive revival in the next six months.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

Like this:

Like Loading...

Related

Tags: box officecinemaCinemasinoxMallsMultiplexpvrtheatres
ShareTweet

Related Posts

Bisleri x Jawan limited edition packs now available
Entertainment

Bisleri x Jawan limited edition packs now available

September 11, 2023
PVR-Kotak Debit Card offers 20* free movie tickets yearly
Entertainment

PVR-Kotak Debit Card offers 20* free movie tickets yearly

September 11, 2023
NY Cinemas opens in Guwahati
Entertainment

F&B to boost cinema theatres’ profitability

August 2, 2023
TimeZone opens 65th experience centre
Theme Parks

TimeZone opens 65th experience centre

June 7, 2023
NY Cinemas opens in Guwahati
Multiplex

NY Cinemas opens in Guwahati

May 15, 2023

Specialty Retail

Hidesign launches writing instruments
Latest News

Hidesign launches writing instruments

by Editor
September 22, 2023
0

Internationally acclaimed and homegrown leather goods brand Hidesign has extended its accessories range to include writing instruments, such as fountain...

Read more
The Love Co. launches kids care products

The Love Co. launches kids care products

September 15, 2023
India to have Asia’s largest Pet-Food facility

India to have Asia’s largest Pet-Food facility

September 14, 2023

FMCG & Grocery

Bisleri x Jawan limited edition packs now available

Nourish Mantra launches new range of Toner & Serum

Baskin Robbins is the Official Dessert Partner for Barbie The Movie

Entertainment

Bisleri x Jawan limited edition packs now available
Entertainment

Bisleri x Jawan limited edition packs now available

by Editor
September 11, 2023
0

Bisleri International, India's leading packaged drinking water brand has tied up with Shah Rukh Khan's upcoming "Jawan", the first pan-India...

Read more
PVR-Kotak Debit Card offers 20* free movie tickets yearly

PVR-Kotak Debit Card offers 20* free movie tickets yearly

September 11, 2023
NY Cinemas opens in Guwahati

F&B to boost cinema theatres’ profitability

August 2, 2023

Search

No Result
View All Result

Who We are…

Retail Updates strives it’s best to curate the latest in the world of Retailing from across the world and offers insights and analyses.

  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • Coffee
    • Cloud Kitchens
    • QSR
    • Traditional
    • Tech Delivery
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • People
      • Movements
      • Obituary
    • Industry Info
    • Global
      • Amazon
      • Apple
      • Starbucks
      • Shell
      • Walmart
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Britannia
      • Colgate
      • Future Group
      • Dabur
      • HUL
      • ITC
      • Marico
      • Nestle
      • Patanjali
      • Reliance
      • Reckitt
      • Shoppers Stop
      • Tata Group
    • Listed Cos.
  • Specialty Retail
    • Airports
      • AAI Airports
      • PPP Airports
      • International Airports
    • Travel Retail
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Beauty Services
    • Babycare
    • Liquor
    • CDIT
    • Grocery Retail
    • Pets & more
    • Home Improvement
    • Kidswear
    • Books
    • Athleisure
    • Pets & more
    • Leather
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
 

Loading Comments...
 

    %d bloggers like this: