Latest news with #MuktaArts
Time of India
5 days ago
- Entertainment
- Time of India
Subhash Ghai recalls Jackie Shroff's Hero: 'Took courage to produce a film with new hero'
Filmmaker Subhash Ghai is credited with introducing some prominent faces to the entertainment industry, one of them being Jackie Shroff , who made his Bollywood debut with the 1983 romantic entertainer, "Hero". It has been 43 years since the movie reached the cinema halls and Jackie has not looked back since. Ghai used social media to thank his entire team, along with the actors, distributors, and financiers, who contributed to making Mukta Arts what it is today. 01:00 Salman Khan to start 'Hero' remake next year He further claimed that it took a lot of courage to make a movie with a debutant and deliver a massive hit like "Hero". Ghai penned on his Instagram, "You need to have a courage to produce a FILM with NEW HERO on big scale with creative freedom to make a block buster like HERO which ran for 75 weeks n its music is still haunting. After 43 years." The 'Taal' maker added, "Thanks to my team my actors n distributors n financier who supported me to establish MUKTA ARTS in 1982. Post HERO mukta arts groomed many stars who are legends today n produced 42 films under blessed." With Meenakshi Sheshadri as the leading lady, "Hero" also starred Sanjeev Kumar , Neeta Mehta, Shammi Kapoor, Amrish Puri, Madan Puri, Bindu, Bharat Bhushan, Shakti Kapoor, Urmila Bhatt, Shaikh Azad, and Suresh Oberoi in crucial roles, along with others. The project reached the cinema halls on December 16, 1983, and turned out to be a massive hit at the box office, strengthening Shroff's position as a bankable lead actor. Following the box office triumph, "Hero" was remade in Telugu and Kannada back in the 1980s. The movie was also retold in 2015 with the same title. It featured debutantes Sooraj Pancholi and Athiya Shetty as the lead pair. Check out our list of the latest Hindi , English , Tamil , Telugu , Malayalam , and Kannada movies . Don't miss our picks for the best Hindi movies , best Tamil movies, and best Telugu films .
Business Standard
7 days ago
- Business
- Business Standard
Mukta Arts reports consolidated net loss of Rs 4.20 crore in the March 2025 quarter
Sales decline 2.78% to Rs 38.11 crore Net Loss of Mukta Arts reported to Rs 4.20 crore in the quarter ended March 2025 as against net loss of Rs 6.99 crore during the previous quarter ended March 2024. Sales declined 2.78% to Rs 38.11 crore in the quarter ended March 2025 as against Rs 39.20 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 17.31 crore in the year ended March 2025 as against net loss of Rs 6.66 crore during the previous year ended March 2024. Sales declined 14.30% to Rs 166.72 crore in the year ended March 2025 as against Rs 194.55 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 38.1139.20 -3 166.72194.55 -14 OPM % -2.02-17.86 - 2.577.25 - PBDT 2.69-1.55 LP 3.9113.41 -71 PBT -2.36-6.35 63 -15.01-6.37 -136 NP -4.20-6.99 40 -17.31-6.66 -160
Mint
7 days ago
- Entertainment
- Mint
Old hits and IPL screenings offer buzz, but not cash for cinemas
As the Bollywood pipeline ran dry, cinemas had turned to re-releases of older hits and screenings of live events like cricket matches to draw footfall. However, their contribution to overall revenues of movie theatres remained marginal. While these strategies help boost audience engagement and drive food and beverage (F&B) sales, these are more stopgap measures than sustainable revenue streams even as a couple of films did better than original theatrical runs. 'We don't see a great amount of revenue coming from these alternate streams. Their overall earnings are quite miniscule compared to a new blockbuster such as Chhaava that made up 75% of all box office in the January to March quarter," Rahul Puri, managing director, Mukta Arts and Mukta A2 Cinemas said. In lean quarters, the share of re-released films may appear inflated, but the model isn't viable in the long run, he added, even though some level of experimentation will continue. To be sure, for Indian cinema, tapping into nostalgia has become the latest gamble to lure audiences back to theatres. Re-releases of beloved hits like Rockstar, Tumbbad, and Yeh Jawaani Hai Deewani have struck gold at the box office. Movies that had barely found any draw during their initial run, are being rediscovered by audiences. Sanam Teri Kasam, a romantic drama, is currently one of the highest grossing re-releases in India, having made over ₹35 crore in box-office collections against ₹9.11 crore garnered in 2016. Laila Majnu earned over ₹11 crore last year, surpassing its original box-office takings of ₹2-3 crore when released in 2018. Also Read: Re-released romantic films capture the hearts of young, nostalgic viewers Evolving destinations Multiplex chains like PVR Inox have also experimented with live screenings of IPL matches across 30-plus cities, pitching cinemas as evolving 'multi-faceted entertainment destinations." These initiatives have picked up pace in recent months amid a dearth of big-ticket Hindi releases. 'These streams cannot be seen as a stable source of revenue in the digital age (where all the films and sports tournaments stream on OTT platforms)," independent exhibitor Vishek Chauhan said. 'It is a one-off thing primarily driven by the fact that the supply chain (of new movies) isn't fulfilling audience demand well enough." Even among the re-releases, it's a case of hit and trial, he added. While some titles, such as Sanam Teri Kasam, have done better than even new films, others, such as Andaz Apna Apna, Karan Arjun and Ghatak, barely found any draw. Similarly, sports tournaments such as the IPL or live screening of the Ram Mandir inauguration ceremony were seen more as space fillers than big revenue generators. 'Cinemas are meant for movies and new titles primarily drive admissions," said Amit Sharma, former managing director, Miraj Entertainment, which operates multiplex theatres. 'While theatres will bring re-releases back whenever there is an opportunity, these can't make a big difference to the numbers," added Sharma, who stepped down from his role last week. The release calendar is more evenly spread this year as compared to 2024, making for lesser scope for re-releases and other initiatives over time. Also Read: Single-screen cinemas hold off on property conversion offers even as theatrical business declines
