The Multiplex Association of India (MAI) said when the crisis ends, the combination of the "pent-up demand" and the promise of new movies would boost film business and contribute massively in reviving the industry.
Facebook collaborated with some of the biggest names in Indian entertainment industry and Hollywood names to put together a home-to-home fundraiser concert.
The two companies announced their deal less than two weeks after Facebook paid $5.7 billion to buy a 9.9% stake in Jio. The Silver Lake deal gives Jio Platforms a valuation of $65 billion, some 12.5% higher than the figure implied by the Facebook deal.
Months-long cinema closures throughout Asia — the biggest moviegoing region in the world — have driven earnings to unprecedented lows, with China alone seeing box office plummet 97 percent compared to last year.
The virtual festival will run June 10-21. The program will include: world premieres of compelling true stories from some of Australian documentary filmmakers; a program of shorts from rising stars of the Australian film industry; and films from European female directors.
Dayal Padmanabhan, who handled the megaphone for 18 Kannada films and produced five films independently, wants film producers and directors to not make hasty decisions and suffer huge losses.
Although our lifestyles, behaviors and habits are transforming with technological and environmental changes, it is too early to announce the demise of traditional methods. When the TV came, there was a concern that cinemas will be replaced. These thoughts continue to linger today, yet the cinemas stand tall.
With coronavirus driving increased content consumption, digital video media buying is becoming dynamic in order to follow consumers across streaming services and other platforms
The sector is wrestling with issues such as staging plays with social distancing, or running rollercoasters half full.
Jyotika’s 'Ponmagal Vandhal' will release on a digital streaming platform and not in a cinema hall, the news of which has triggered a storm of opinions. Is this the new normal?