Alchemy of Languages
Business Today India|September 17, 2023
The Indian box office is turning vibrant as Hollywood, Marathi, Punjabi and other non-Hindi films are drawing audiences to the theatres
VIDYA S
Alchemy of Languages

51 PER CENT contribution The of regional language movies to total box office collections during January-June 2023

WHETHER IT IS the Marathi film Baipan Bhari Deva or the Punjabi movie Carry on Jatta 3, a slew of recent Hollywood hits or last year’s breakout performance of Kannada films such as Kantara and 777 Charlie, Indian exhibitors are seeing a diverse array of films from different languages drawing crowds to multiplexes.

The numbers say it all. According to India Box Office Report 2023 by consultancy firm Ormax Media, Hindi-language movies accounted for 37 per cent of India’s cumulative box office collections from January to June 2023; Tamil, Telugu, Malayalam, Punjabi and other regional languages together contributed 51 per cent, while Hollywood made up for the rest 12 per cent.

The trend is also clearly visible in the leading multiplex chain Cinépolis India’s figures. “Five years ago, English [language movies] contributed to 20 per cent of box office collections, regional films contributed another 20 per cent, while 60 per cent came from Hindi movies alone. This year so far, Bollywood has brought in 50 per cent and the other two categories have gone up to 25 per cent each,” says its CEO Devang Sampat.

After the Covid-19 pandemic, theatres in the Hindi-speaking regions struggled to draw audiences back as they were hooked to streaming platforms and back-to-back subpar Hindi films made matters worse. The only saving grace was the phenomenal box office success of South Indian films and their dubbed versions, even in theatres. Since May 2023, it seems the fortunes of theatres, especially multiplexes, have reversed due to hits across languages.

Bu hikaye Business Today India dergisinin September 17, 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Today India dergisinin September 17, 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS TODAY INDIA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Pension Scheme - Safety Net
Business Today India

Pension Scheme - Safety Net

The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math

time-read
4 dak  |
September 29, 2024
The Reit Choice?
Business Today India

The Reit Choice?

Real Estate Investment Trusts (Reits) Are Gaining Traction As Interest Rates Stabilise. But Returns Could Be Affected By Adverse Economic Conditions And Market Volatility

time-read
7 dak  |
September 29, 2024
CORPORATE - Calling to Account
Business Today India

CORPORATE - Calling to Account

The sudden exit of Byju's auditor BDO marks the latest in a long series of setbacks for the edtech firm

time-read
1 min  |
September 29, 2024
EMPLOYMENT: Skills Push
Business Today India

EMPLOYMENT: Skills Push

The skill development ministry plans to partner with the UGC to improve the employability of undergraduates

time-read
1 min  |
September 29, 2024
Building on a Vision
Business Today India

Building on a Vision

L&T'S CHAIRMAN EMERITUS A. M. NAIK HAS BUILT A MAMMOTH ENTERPRISE THAT IS BUILDING A NEW INDIA, FROM ITS METRO RAIL SYSTEMS TO THE RAM TEMPLE

time-read
2 dak  |
September 29, 2024
"KYS more important than KYC"
Business Today India

"KYS more important than KYC"

Vijay Kedia is a renowned equity investor; the value of his listed portfolio stands at around ₹1,750 crore

time-read
1 min  |
September 29, 2024
ROXX STAR
Business Today India

ROXX STAR

THE THAR ROXX COMBINES LUXURY WITH PERFORMANCE TO MAKE A STRONG STATEMENT IN THE MID-SIZE SUV SEGMENT

time-read
2 dak  |
September 29, 2024
HIT THE GROUND RUNNING
Business Today India

HIT THE GROUND RUNNING

Smartwatches have become indispensable tools for runners, offering real-time insights into pace, distance, heart rate, and more. Here are a few you can consider

time-read
2 dak  |
September 29, 2024
TURNING THE TABLES
Business Today India

TURNING THE TABLES

INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND

time-read
7 dak  |
September 29, 2024
THE EVOLUTION OF ATHERA
Business Today India

THE EVOLUTION OF ATHERA

IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS

time-read
7 dak  |
September 29, 2024