Hindi
Cinema is not going to be an easy sell: Inox’s Anand Vishal on advertisers returning
Mumbai: After nearly 18 months of strict lockdowns and intermittent breathers, the opening of theatres in Maharashtra signals the much-awaited revival of the industry that was hit hardest among all entertainment media. With an estimated 146 million people returning to the theatres, advertiser interest in the medium is also witnessing healthy revival, albeit slowly.
For the next three months starting Diwali, an impressive line-up of movies including ‘Sooryavanshi’, ‘Bunty aur Babli 2’, ‘Satyamev Jayate 2’, ‘83 The Film’, ‘Jersey’, ‘Tadap’, ‘Chandigarh Kare Aashiqui’, ‘No Means No’, ‘Annaatthe’, ‘777 Charlie’, ‘Pushpa : The Rise’, ‘Antim: The Final Truth’ and ‘Bhavai’ awaits the audiences in 2021 alone.
Inox Leisure Ltd chief sales and revenue officer Anand Vishal tells us that the continuous flow of content from Diwali will ensure the return of advertisers to the cinema, however, it could take anywhere between three to six months for the volumes and rates to reach pre-covid levels.
In-cinema advertising contributes around 11-12 per cent to the overall revenue pie for Inox. Vishal is expecting a 25-30 per cent drop in rates from what he was operating at earlier. As regards volumes, in a typical week like ‘Sooryavanshi’, there used to be nearly 100-125 advertisers on board, nationally. He anticipates 75-80 per cent of them to return for the big Diwali release on 5 November.
Even as the situation plays out, Vishal says that numbers are not his primary concern at present. The focus is on bringing advertisers who have been away from the medium due to the lack of either content or a proper timing of the release, back to it.
“The strength of Cinema as an advertising medium is that it offers a large and relevant audience for brands across categories. Unlike TV where there is a lot of refraction or variance happening, the definite and premium price-points at which we operate are what get brands interested in us. It’s just a matter of time until advertisers taste the success of this medium once again. In the meanwhile, though, Cinema is not going to be an easy sell,” he avers.
Given the uncertainty that prevails around the number of footfalls in theatres, brands, even though enthusiastic about the reopening, are treading with caution. While all sorts of pricing negotiations continue to happen, Vishal informs that Inox is encouraging marketers to opt for the CPC or Cost Per Contact model wherein the advertiser pays for the number of admits at a fixed rate per person.
“The numbers of the audience may have gone done, but the quality hasn’t, and therefore we believe this model is best suited and fair for both parties. The approach is working well with the premium, regular clients who are well-acquainted with the medium, but a lot of small and medium budget clients do not understand this model, and that’s where rate negotiations come into the picture. That being said, we are carefully judging where we need to stop. In the process of making informed decisions, we might have to let people go, but we are definitely not selling ourselves short,” he asserts.
Among the brands that are proactively returning are the likes of Manyavar, Siyaram’s, Allen Solly, Lux, and OnePlus that share a long association with Cinemas, being present on all screens throughout the year. Others that advertise five-six times in a year are the ones that the multiplex brand is making an effort to reach out to for the volumes.
For ‘No Time to Die’ Inox roped in two new luxury clients, namely, Tata CLiQ and NDC (Natural Diamond Council). The rise of new-age, online/tech advertisers that was fuelled by the pandemic has been media agnostic. Vishal shares that he is “looking forward to a good 15-20 per cent advertisers from this space, which includes e-commerce, edtech, and cryptocurrency brands, pushing revenues for Inox”.
Hindi
Jio Studios, Sanjay Dutt team up to revive Khal Nayak
Rights acquired for new version, format under wraps as remake plans take shape.
MUMBAI: The villain is back and this time, he’s rewriting his own script. Jio Studios has partnered with Three Dimension Motion Pictures and Aspect Entertainment to revive the 1993 cult classic Khal Nayak, marking a fresh chapter for one of Bollywood’s most iconic anti-hero stories. The original film, directed by Subhash Ghai under Mukta Arts, was a commercial and cultural milestone, with Sanjay Dutt’s portrayal of Ballu becoming one of Hindi cinema’s most memorable performances.
Dutt, along with Aksha Kamboj, has now acquired the rights from the original creators, bringing on board Jio Studios and its President Jyoti Deshpande to steer the project creatively.
While the exact format whether remake, sequel, prequel, or a completely new narrative remains undisclosed, the collaboration aims to reinterpret the story for contemporary audiences while retaining the essence that made the original a defining film of the 1990s.
The move taps into a broader industry trend of reviving legacy intellectual property, particularly characters with strong recall value. “Khal Nayak” was notable for pushing mainstream Hindi cinema into morally grey territory at a time when heroes were largely one-dimensional, making Ballu’s character a standout.
The project also marks the film production debut of Aspect Entertainment, signalling a push towards more technology-led storytelling frameworks. Meanwhile, Jio Studios continues to expand its slate, having built a library of over 200 films and series, with more than 60 titles collectively winning 500-plus awards.
For Dutt, the revival is as much personal as it is strategic, a return to a role that reshaped his career. For the industry, it is another sign that nostalgia, when paired with scale, remains a powerful box-office proposition.
Because in Bollywood, some villains never fade, they just wait for the perfect comeback.
