News Stories

'Apes' Extinct in Indian Multiplexes Over Revenue Sharing Terms

[Philip Lelyveld comment: below are Indian screen stats in an article otherwise about distribution negotiations}

…  “This year will see an almost 25 percent jump over last year in overall cinema collections,” Big Cinemas COO Tushar Dhingra told The Hollywood Reporter, adding, “Thanks to increasing 3D penetration, Hollywood is also expanding its market share.” …

…  Among India’s total estimated 9,000 screen-count, multiplexes account for an estimated 1,500 screens, which can contribute to over 50 percent of a film’s total revenues, given the high-value urban metro market served by multiplexes, especially for Hollywood movies.

A recent report by U.K. box office analyst Dodona Research projects that total Indian theatrical boxoffice will reach $1.3 billion by 2012, representing a 25% increase over 2007 figures.  …

See the full story here: http://www.hollywoodreporter.com/news/apes-extinct-indian-multiplexes-revenue-220021

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