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‘Mukti Bhawan’ wins UNESCO award at Venice International Filmfest

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NEW DELHI: Mukti Bhawan (called as Hotel Salvation) has bagged the UNESCO XXIIIrd Prix “Enrico Fulchignoni” at the Venice International Film Festival.

The jury said: The award to the film by Shubhashish Bhutiani was being given “for the values finely expressed on the importance of family, time spent together in respect and with love, and those values of human rights which we all share. The maturity and depth of emotions and cinematic vocabulary used to display these belie the young age of the director, and we look forward to seeing many more of his films in the future.”

The film – which received a 10-minute ovation after its screening at the festival — is a part of the Biennale College-Cinema program at the Venice Film Festival which gives support since 2012 to the young filmmakers to bring their vision to the big screen and, in this case, the effort has borne marvelous fruit.”

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CICT-Unesco Jury comprised Jasmina Boijc (founder and director UNAFF, Stanford University), Pierpaolo Saporito (President of OCCAM, the UN Observatory on Cultural Communication and v.president of CICT-UNESCO, Gabriel Griffin-Hall (Author and Poet), and Eliana Bantchev (CICT-UNESCO General Secretary Delegate).

In the past, the Prix Enrico Fulchignoni was awarded to, among others: ‘Beasts of No Nation’ by Cary Fukunaga, ‘Miral’ by Julian Schnabel, ‘Land of Plenty’ by Wim Wenders, ‘Tsion, Auto-emancipatie’ by Amos Gitaï or ‘Porto da minha infancia’ by Manoel de Oliveira.

Three years ago, Shubhashish Bhutiani’s short film Kush had won the Orizzonti Award for Best Short Film.

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The audience in Venice this time was carried away by this universal story of love, redemption and mourning.

When Daya, a 77 year old man, wakes up from a strange nightmare, he knows his time is up and he must get to Varanasi immediately in the hope of dying there to attain salvation. His dutiful son, Rajiv, is left with no other choice but to drop everything and make the journey with his stubborn father, leaving behind his wife and daughter.

The two of them check into Mukti Bhawan/Hotel Salvation, a hotel devoted to people hoping to spend their last days there. Rajiv finds himself having to live and take care of his father for the first time in his life.

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The festival which began on 31 August concluded today (10 September 2016) and this film was scheduled for three public and delegate screenings on 2 and 3 September apart from one web streaming.

The 103-minute film stars Adil Hussain (Life of Pi), Lalit Behl, Geetanjali Kulkarni, Palomi Ghosh, Navnindra Behl and Anil K Rastogi.

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Huge ovation for Hindi film Mukti Bhawan after world premiere at Venice

New Hindi film to have world premiere at Venice International Film Festival

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Hindi

GUEST COLUMN: Why film libraries & IPs are the new engines of growth

Unlocking value through catalogue strength and IP synergy

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MUMBAI:In a media landscape defined by fragmentation, platform proliferation, and ever-evolving audience behavior, the economics of filmmaking are undergoing a fundamental shift. No longer confined to box office performance, a film’s true value is now measured across an extended lifecycle that spans digital platforms, syndication networks, and global markets. As content consumption becomes increasingly non-linear and algorithm-driven, film libraries and intellectual properties (IPs) are emerging as strategic assets, capable of delivering sustained, long-term returns. For Mohan Gopinath, head – bollywood business at Shemaroo Entertainment Ltd., this transformation signals a decisive move from hit-driven models to portfolio-led value creation. In this piece, Gopinath explores how legacy content, when intelligently repurposed and distributed, can unlock recurring revenue streams, why the interplay between catalogue and original IP is critical, and how media companies can build resilient, future-ready entertainment businesses.

For all these years, we thought that a film is successful if it performs well in theatres. There are opening weekend numbers, box office milestones, and distribution footprints that gave a good picture of how the movie has done commercially and also tell us about its cultural impact. However, there are multiple platforms today, always-on content ecosystem, which has caused a shift. Today, the theatrical performance is not the culmination of a film’s journey but merely the beginning of a much longer and more dynamic lifecycle.

Film libraries today are emerging as high-value, constantly evolving assets that deliver sustained returns well beyond initial release cycles. This becomes a point of great advantage for legacy content owners with diverse catalogues, to shape long-term business outcomes.

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According to FICCI-EY, the media and entertainment industry of India achieved a valuation of Rs 2.78 trillion in 2025 which is expected to reach Rs 3.3 trillion by 2028 through a compound annual growth rate of approximately 7 per cent and digital media will bring in more than Rs 1 trillion to become the biggest sector which generates about 36 per cent of overall market revenues.

This shift is the expansion of distribution endpoints. We know how satellite television was once the primary secondary window but today, it coexists with YouTube, OTT platforms, Connected TV, and FAST channels. Each of these platforms caters to distinct audience demographics and consumption behaviors, helping content owners to obtain more value from the same asset across multiple formats.

For instance, films that had great reruns, now find continuous engagement across digital platforms. On YouTube, classic Hindi cinema continues to attract significant viewership, reaching audiences across generations and geographies with remarkable consistency. At Shemaroo Entertainment, this is reflected in our film library shaped over decades as part of a long association with Indian entertainment. From classics such as Amar Akbar Anthony to much-loved entertainers like Jab We Met, Welcome, Dhamaal, Phir Hera Pheri, Dhol, Golmaal, and Bhagam Bhag, many of these titles continue finding new audiences while retaining their place in popular memory. Their enduring appeal reflects how culturally resonant stories can continue creating value over time.  Similarly, FAST channels have created curated, always-on environments where catalogue content can continue to thrive through star-led and genre-based programming.

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This multi-platform approach has very well transformed films into long-tail IP assets which are capable of generating recurring revenue across advertising, subscription, and syndication models. 

The evolution of audience behavior is equally important. Nowadays, it’s more important to find what’s more relative than what’s recent as viewers are more influenced by mood, memories, and algorithmic suggestions than by release schedules. Even if a movie was released decades ago, it can trend alongside a newly released movie, if surfaced in the right context. Thoughtful packaging, whether through festival-based playlists, actor-driven collections, or genre clusters, allows catalogue content to remain dynamic and continuously discoverable. Shemaroo Entertainment has built extensive film libraries over decades and its focus has mostly been on recontextualizing content for the consumption of newer environments. This process doesn’t just include digitization and restoration, but also re-packaging of films as per platforms.

Syndication itself has evolved into a key growth driver. In perspective, when looking at the domestic market, curated content packages continue to find strong demand across broadcast and digital platforms. Meanwhile, in the international market, especially in markets like Middle East, North America and Southeast Asia, the appetite for Indian content is opening up new monetization avenues. Here, the ability to package and position catalogue content effectively becomes as important as the content itself.

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Importantly, the need to re-package catalogue content does not diminish the role of new content. In fact, originals and fresh IP are essential to sustaining the long-term value of a film library because they act as discovery engines that bring audiences into the ecosystem, while catalogue content drives depth, retention, and repeat engagement. 

This interplay between the “new” and the “known” is what defines a robust content strategy today. While new films generate spikes in consumption, catalogue titles offer familiarity and comfort. These are factors that are increasingly valuable in an era of content abundance and decision fatigue. This is also shaping our strategy, drawing value from both a deep catalogue assets and a growing focus on original IPs to strengthen long-term audience engagement and build more predictable revenue streams.

There is growing recognition that long-term value in entertainment will be shaped not only by how intelligently existing content continues to live, travel and find relevance, but also by how consistently new stories are created to renew that ecosystem. In that sense, film libraries and original IP are not parallel bets, but reinforcing engines of growth. For media companies, the opportunity lies in making these two forces work together, because that is increasingly where more resilient and predictable businesses are being shaped.

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Note: The views expressed in this article are solely the author’s and do not necessarily reflect our own.

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