Refresh for latest…: Busy weekend at the international box office with a strong scary new entry, some unexpected spark in holds and a milestone for a long-running franchise.
20.06.2023 - 17:43 / variety.com
John Hopewell Chief International Correspondent India looks to be moving closer to hiking its recently inaugurated cash rebates on international shoot spend in the country, including on animation and VXF works. The confirmation came at last week’s Animation Film Festival, as India showed further signs of expansion in animation on various fronts: “Heirloom,” an Annecy Residency project from India’s Upamanyu Bhattacharyya, bowed at MIFA feature film pitches, the strongest in memory, and though it didn’t take a prize, it was regarded as one of the section’s standouts; Annecy-backed, AniMela, India’s first international festival for animation, VFX, XR, gaming and comics (AVGC-XR), revealed dates for its first edition in 2024.
Unveiled at last year’s Cannes Festival, Indian federal government incentives returs up to 30% of qualifying spend, up to a ceiling of INR20 million ($244,000). Productions employing 15% or more of their labor force from India can access a further 5% of spend, capped at INR5 million ($61,000). That may well just be a point of departure, however. “After my interactions here, you can say that an upward revision is being considered,” Apurva Chandra, secretary, Ministry of Information and Broadcasting, Government of India, told Variety at a thronged Annecy MIFA market. He had travelled to Annecy in part to insist to foreign companies that the cash rebate takes in animation and VFX. Playing in favour of a revision, rebates on international productions are very frequently raised upwards. Spain’s, for example, were introduced in 2015 and raised in 2016, 2020 and 2023. Rebate ceilings in France comes in at €30 million ($32.7 million). But, Chandra points out, labor costs in India are “one quarter or
Refresh for latest…: Busy weekend at the international box office with a strong scary new entry, some unexpected spark in holds and a milestone for a long-running franchise.
In a move to inject some excitement into its regular season, the National Basketball Association has unveiled its new in-season tournament.
Will Tizard Contributor Major international productions have been bypassing the Czech Republic for the past year — but local producers and lawmakers have a plan to win such players back, they announced at the Karlovy Vary Film Festival this week. The Czech incentives system essentially shut down in 2022 after major productions used up the $62.7 million annual cash-back rebate funds available — or so said the officials overseeing the program. The Czech Republic has offered competitive 20% rebates — with a $6.8 million cap per project — as incentives for major productions for a decade now. The system has been heralded as the key to staying competitive in a part of Europe that’s highly in demand for big-budget shoots by the likes of Amazon, Netflix and the Hollywood majors.
Naman Ramachandran “Dangal” filmmaker Nitesh Tiwari’s “Bawaal,” starring Varun Dhawan (“Bhediya”) and Jahnvi Kapoor (“Mili”), has unveiled a teaser and confirmed its direct-to-digital global premiere date on Amazon’s Prime Video. Varun Dhawan plays Ajay Dixit, a school teacher in Lucknow, idolized by his students, and admired by everyone in town and Janhvi Kapoor as Nisha, a bright and beautiful girl, whose only hope is to find her one true love. But love is never easy and it has to passage through a war of its own. The film is shot in India and multiple international locations. The film is produced by Sajid Nadiadwala’s banner Nadiadwala Grandson Entertainment in collaboration with Ashwiny Iyer Tiwari and Nitesh Tiwari’s Earthsky Pictures.
Naman Ramachandran Amazon miniTV, the free streaming service available on the Amazon Shopping app in India, is dubbing a raft of Korean, Turkish, Mandarin and Spanish dramas into the Hindi language for local consumption under the MiniTV Imported banner. The first set of shows, which streams from July 7, are all Korean and includes “Cheer Up,” “Heart Surgeons” and “Doctor Detective.” Amogh Dusad, head of content, Amazon miniTV, said: “In recent times, the viewing preferences of digital video consumers in India have changed significantly. They love diversity in content offering and are looking for unique stories & captivating characters from across the world. We have curated a list of blockbuster shows, from Korean, Turkish, Mandarin, Spanish and many more languages, that we believe will resonate with Indian viewers.”
Naman Ramachandran Losing streaming rights to the lucrative Indian Premier League (IPL) cricket tournament has been a blessing in disguise for Indian market leader Disney+ Hotstar, an Ampere Analysis study reveals. Disney won broadcasting rights but ceded streaming rights to rival JioCinema, owned by billionaire Mukesh Ambani. Ampere estimates that this “saved the company a figure just short of twice its entire streaming revenue from the past five years.” Despite recent subscriber declines, Disney+ Hotstar still leads the market and holds a 29% streaming market share, Ampere said. As of the first quarter of 2023, Disney+ Hotstar had some 50 million subscriptions, far higher than other global SVODs in India including Amazon Prime Video (12.4 million) and Netflix (6.2 million). However, that compares with some 61 million subscribers in October 2022.
EXCLUSIVE: Principal photography has wrapped in Italy on Sony Pictures International Productions and Eagle Pictures’ local-language romantic comedy You’ve Got Hotspot (Hotspot – Amore Senza Rete). From director Giulio Manfredonia (Si Può Fare, Qualunquemente, Rocco Schiavone), this is the first of five Italian projects that will see the partners equally involved in production.
Fan favourite couple Ekin-Su Cülcüloğlu and Davide Sanclimenti have announced their break-up on social media. The reality TV stars have separated just 1 year after winning ITV’s dating show Love Island.
EXCLUSIVE: As the 57th edition of the Czech Republic’s Karlovy Vary International Film Festival (KVIFF) kicks off Friday, there will be renewed interest in the central European country’s local industry, particularly the curious case surrounding its incentive program for international productions.
Monica Bellucci confirmed her romance with Tim Burton after months speculation about their relationship — and it sounds like things are getting serious.
Naman Ramachandran Prime Video India has revealed a blockbuster lineup of Indian and international titles ahead of Prime Day 2023 on July 15 and 16. The lineup includes the Hindi-language version of “Ponniyin Selvan 2,” starring Aishwarya Rai Bachchan, “Babylon,” headlined by Brad Pitt and Margot Robbie, Gerard Butler thriller “Kandahar” and Nawazuddin Siddiqui‘s Hindi-language drama-comedy “Tiku Weds Sheru.” Hindi-language original horror series “Adhura,” headlined by Rasika Dugal, the final season of hit series “Tom Clancy’s Jack Ryan,” Tamil-language superhero film “Veeran” and Telugu-language family entertainer “Anni Manchi Sakunamule” are also part of the lineup as are Tamil-language series “Sweet Kaaram Coffee” that captures the journey of three women and Telugu-language Young Adult series “Hostel Days.”
Prime Video has announced a slate of upcoming releases for its India service ahead of Prime Day 2023 (July 15-16 in India), including horror series Adhura and a Telugu adaptation of hit YA drama Hostel Days.
Naman Ramachandran A decade after scoring a major hit with “Raanjhanaa,” Indian director-producer Aanand L. Rai is returning to its universe with “Tere Ishk Mein.” “Raanjhanaa,” an intense Hindu-Muslim romantic drama, was the Hindi-language debut of Tamil cinema star Dhanush and featured chartbusting music by Oscar-, BAFTA-, Grammy- and Golden Globe-winner A.R. Rahman. While keeping the plot under wraps, Rai told Variety, “When we were working on the ‘Tere Ishk Mein’ script, we realized that we are catching on to the same aggression. And in terms of genre, it’s falling in that genre of tragedy and I said, it’s actually belonging to that world. They’re not similar stories, but they have a similar heartbeat. We were getting the same feeling what we were getting when we were working on ‘Raanjhanaa.’ I said, let’s start belonging to that world.”
Naman Ramachandran Sony Music-owned music distribution company AWAL has launched in India and South Asia, following the acquisition of OKListen, a digital music platform for independent artists and record labels. Based in Mumbai and supported by Sony Music India, AWAL will offer independent artists in the region a range of services including global marketing, creative, synch and brand partnerships, radio promotion and distribution as well as access to real-time music analytics. Vijay Basrur, who founded OKListen in 2012 as India’s first homegrown digital distribution service, has been appointed head of India and South Asia, AWAL, reporting into Lonny Olinick, CEO of AWAL and Vinit Thakkar, managing director, Sony Music India.
John Hopewell Chief International Correspondent TOLEDO, Spain — Global producer-distributor Fremantle has dropped an international trailer for “Negotiator,” a sleek, slick and chic eight-part São Paulo crime thriller produced by two prominent players on the Latino and Latin-American TV scene – Miami-based Spiral International and Brazil’s Boutique Filmes. Acquiring world rights outside Latin America and Portugal, Fremantle will use Conecta Fiction in Toledo, Spain to introduce “Negotiator,” which underscores building market trends coursing through the international TV scene. The busy trailer begins with a desperate kidnapper bursting through big church doors, revolver in hand pointing to a victim’s head. “I’m going to kill him,” he shouts hysterically.
John Hopewell Chief International Correspondent Marking its first corporate step in international expansion outside Spain, Madrid-based Zeta Studios, producer of “Elite” and “García!” has named Marcelo Tamburri, one of Latin America’s preeminent TV execs, to the newly-created position of director of international content. Spun off from the sale of publishing house Grupo Zeta to Prensa Ibérica in 2019, and rebranded from Zeta Audiovisual, when it comes to individual titles., Zeta Studios boasts one of the biggest international reaches of any production house in Spain. The appointment comes as Netflix preps the bow of “Elite” Season 7 on Oct. 20, making “Elite” one of the longest-running of streamer series and one of the most successful from outside the U.S., its Seasons 3 and 4 ranking in Netflix’s Top 10 of most-viewed non-English series ever on the OTT service with 334.8 million and 302.2 million hours viewed.
Zoe Hewitt Texas has long been known as a film-friendly state offering a slew of tax incentives, grants and other attractive benefits to productions. The May 29 conclusion of the recent legislative session delivered filmmakers additional commitments for financial support in the coming year. Thanks to two bills, the statewide filming grant was raised to an all-time high of $200 million, a significant jump from the $45 million earmarked in the previous session. The legislature also agreed to conduct a lengthy investigation into the revenue benefits of creating a transferrable tax credit program in the future, similar to those that already exist in Georgia and Oklahoma.
Ben Croll An evangelist for the premium format, France’s CGR Cinemas has forged a growing number of international partnerships since the exhibition chain began exporting its proprietary Immersive Cinema Experience (ICE) model in 2017. At the start of this year, CGR – through its export arm ICE Theaters – had already opened premium rooms in Barcelona, Los Angeles, New Dehli and Jeddah, among others; by December, the premium format will win over new converts in Colombia, Ecuador, Thailand and Estonia, with even more to come. As part of its strategy, ICE Theaters teams with local distributors and top exhibition chains, lending “legitimacy” to a still-young brand, designed in-house, that outfits a row of LED panels on both sides of an auditorium and fills them with bespoke visuals extending the action onscreen (“It’s like surround sound but for light,” is how an ICE exec describes it).
Naman Ramachandran Prolific Indian studio Maddock Films has three successful projects currently on, 15 more in the pipeline and is developing an ambitious film series based on the “Arabian Nights.” Laxman Utekar’s comedy-drama film “Zara Hatke Zara Bachke,” a co-production with Jio Studios starring Vicky Kaushal and Sara Ali Khan, has emerged as the sleeper hit of the year grossing $11.1 million theatrically so far. Homi Adajania’s action drama series “Saas, Bahu Aur Flamingo,” starring Dimple Kapadia, is a hit for streamer Disney+ Hotstar, while Arunima Sharma, Hussain Dalal and Abbas Dalal’s coming-of-age Prime Video drama series “Jee Karda,” starring Tamannaah Bhatia, is garnering positive reviews.
Chris Hemsworth opened up about working with his family in Hollywood.