While Hollywood flicks like Avengers: Infinity War and Black Panther are changing the game at the Indian box office, the industry expects this segment to receive a bigger share in the country’s theatrical box office collections in 2018.According to a report by EY, box office collections of Hollywood movies (inclusive of all the Indian language dubbed versions) in India remained stagnant in 2017. Out of the total revenue that films collected in the country last year which was recorded at Rs 9,630 crore, Hollywood movies clocked Rs 801 crore. This comprises around 13 percent of the total theatrical box office.However, after three consecutive years of healthy growth since 2013, Hollywood cinegoers remained stagnant at 75 million last year, marginally down from 78 million in 2016.Close But it looks like Hollywood has come back to the Indian market in 2018 with a bang and this time again it is banking on its hit formula of bringing stories about superheroes battling … [Read more...] about Is Hollywood on course to grow its earnings in India in 2018 or will it remain stagnant like 2017?
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It looks like Hollywood is enjoying another good year in India as its new releases are making or breaking box office records one at a time. Hitting theatres on May 18, Ryan Reynolds’ Deadpool 2 received a strong opening in India with the film recording Rs 11.25 crore on the first day of its release.Sequel to 2016 film Deadpool and the eleventh installment in the X-Men series, Deadpool 2 gathered Rs 33.40 crore in three days of its release. The film has witnessed this year’s fourth-biggest opening day across Hollywood and Bollywood movies. It is also the 3rd biggest opening of all time for a Hollywood film and the biggest for an A rated film.Fox Star Studios, distributors of superhero film Deadpool 2 went all out for the release size of the movie in India as the film was set to be showcased on approximately 2,100 screens in the country. Deadpool 2 saw a release in 2D, 4DX and IMAX 2D formats across India with 7050 shows.Close Banking on the buzz the film had created in … [Read more...] about Hollywood continues to entertain India: Deadpool 2 earns Rs 33 cr over weekend
Five days since its release, Star Wars: The Last Jedi has proved to be a force not only in its home turf of the US but also in several international markets.The eighth episode of the franchise grossed USD 104.787 million in the US on day one and it is now the second largest weekend opener of all-time with USD 220 million. But it looks like the magic is not working in India despite the film having a strong run overseas.The Last Jedi began its journey in India with Rs 2 crore on opening day. The collections went up marginally on the second and third day, earning Rs 2.75 crore and Rs 3 crore respectively. But the start of the week saw a huge drop in the film’s business as The Last Jedi collected only Rs 75 lakh, taking the movie’s total so far to Rs 8.50 crore.Close In comparison to Thor Ragnarok that released in early November, the newest Star Wars offering's collections are four times lower than the superhero sequel. While Thor Ragnarok raked in … [Read more...] about Star Wars: The Last Jedi emerges as a force abroad but fails to impress India
The Indian Premier League (IPL) may be losing its steam if the latest data on television viewership of IPL is taken into consideration. This in turn may help theatres in getting more footfalls. And when the summer line up is strong, it could help cash registers jingle at the box office.Amit Sharma, MD, Miraj Cinemas, said, “Ten years back when IPL started Bollywood took a backseat. They were not releasing big-ticket films during IPL. But if you look at last year, Baahubali 2, Tubelight, Hindi Medium, Fast & Furious were released. The year before that saw big-ticket films like The Jungle Book, Fan and Piku doing excellent business including Jurassic World.”As per the BARC India viewership data, Hindi speaking markets have seen a drop in IPL viewership. The first month of the second quarter of 2018 started on a positive note.Close There was a spillover effect of Baaghi 2, which collected Rs 27.6 crore on third day of its release. The film … [Read more...] about Box office collections from Hollywood, Bollywood films may rise by 15-20% this summer
In 2016, Hollywood flick The Jungle Book based on Rudyard Kipling's book became the highest grosser in India with collections of Rs 188 crore. But, the superheroes from Marvel Cinematic Universe’s 19th Avengers: Infinity War have now managed to grab more eyeballs than Jungle Book's protagonist, Mowgli. Avengers has so far garnered roughly Rs 196.59 crore in India.According to film trade analyst Taran Adarsh, Avengers: Infinity War will be the first film to gross over Rs 200 crore in India.In a tweet, he said, “Avengers Infinity War has a HISTORIC Week 1... Sets new benchmarks for Hollywood films in India... The SENSATIONAL numbers reaffirm the fact that well-made entertainment-driven films will always be the first choice of moviegoers.”Close In its second week, Avengers surpassed the lifetime collections of Jungle Book at the Indian box office. related news Ajith-starrer Viswasam dominates Twitter’s most influential moments, great year for … [Read more...] about Avengers: Infinity ups the bar for Hollywood in India, may surpass The Jungle Book with Rs 200-cr biz