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Quarterly Results – Jan-Mar 2013

Quarterly results from various film industries across the world are listed below. So far the most exciting films of this quarter are Miracle in Cell No. 7′, a Korean film, ‘Side Effects’ a Hollywood thriller, ‘Mud‘ an independent film, and Danny Boyle’s ‘Trance’.

Telugu

The year 2013 has completed one quarter and it is time to have a look at how things have been at the Tollywood box office. Unlike the last few years where the industry has seen a slump, things are going very positive this time. The box office has put on a lot of health due to the series of successes it is seeing.

In this first quarter, Tollywood has already seen big hits in the form of

  • ‘Naayak’
  • ‘Seetamma Vaakitlo Sirimalle Chettu’
  • ‘Vishwaroopam’
  • ‘Mirchi’
  • ‘Swamy Rara’
  • ‘3G Love’
  • ‘Baadshah’.

Few other movies ended up as average treats but overall the graph has been on the higher side.

The real season begins now because the summer has arrived and some big movies are lined up. A hit can not only boost the financial equation but also help in creating a very positive vibe in the industry. Let us wish this trend continues longer and Tollywood grows with more opportunities and happiness.

Hindi

Going by Bollywood’s box-office stats in the first quarter of 2013, we’ve observed certain facts that decide the fate of a film in the Indian as well as the overseas markets. We’ve learned that there is a saturation point for masala films such as Himmatwala. While the UK market has a penchant for such candy-floss films, the US market doesn’t. With about forty films releasing in the first quarter, Balaji Motion Pictures CEO Tanuj Garg believes that the number of releases this year were comparatively less than 2012. The Indian market’s business had a huge jump of 22% along with the US market which went up by 4%. This was not the case with the UK market’s collections, which sunk by a shocking 12% this year.

In spite of a widespread release across 1850 screens in the country, Matru Ki Bijlee Ka Mandola could only administer Rs. 40 crores in domestic Box-Office collections.

Special 26 is having a field day at the box-office. Special 26 has done exceptionally well by collecting Rs. 70 crores at the domestic box-office. So you cannot expect these films to garner Rs. 100 or 200 crores in collections.” Abhishek Kapoor’s Kai Po Che collected a massive Rs. 49.67crores at the domestic box-office, while choreographer-turned-director Remo’s latest ABCD which was made with a modest budget of Rs. 15 crores, generously raked in a mammoth Rs. 45 crores as well. Jolly LLB based on a serious subject is a satire on the judicial system of India, is working at the box-office as well. With the first quarter and the first 40 films released, trade pundits are certain that the second quarter looks brighter.

Top 5 grossers in the first quarter of 2013

  • Race 2
  • Special 26
  • Kai Po Che!
  • Any Body Can Dance (ABCD)
  • Matru Ki Bijlee Ka Mandola

Tamil

2013 first quarter report for Tamil cinema is hugely disappointing. There were a record 44 releases out of which only three will make profit for the producers. Theatrical collections are at an all time low, due to various reasons.

Vishwaroopam is clearly the number one hit of the year so far. Kanna Laddu Thinna Aasaiya is the other big winner which released for Pongal. Pandiraj’s Kedi Billa Killadi Ranga and Chennayil Oru Naal released last Friday has taken a decent opening. However the biggest disappointment of the year is the failure of some movies like ‘Alex’, ‘Kadal’, ‘Aadhi Bhagavan’, ‘David’ which were sold at a high price and bombed miserably at the box-office.

Bala ‘s dark and depressing critically acclaimed Paradesi took a decent opening in multiplexes but could not sustain. It may break even from all rights put together. The other film which was critically acclaimed was Haridas, which did not get a proper release.

On the whole 2013 has started badly for Tamil film industry, which is plagued by various factors not related to movie making.

Kannada

Out of 24 releases, the Kannada film industry registered one superhit and one hit, while the rest had a bad run.

Sudeep’s ‘Varadanayaka’, the Kannada remake of Telugu film ‘Lakshyam’, was the biggest hit in the first quarter. It was made on a budget of approximately Rs.8 crore.

“Even though the film garnered a mixed response from critics, it minted Rs.9 crore in the opening two weekends. It managed to break even in its opening week itself,” said Trinath.

Upendra-starrer ‘Topiwala’, made on a budget of Rs 7 crore, was the second hit of the quarter.

“The film collected Rs 5 crore in its opening weekend and had a very successful run at the box office,” the film’s producer, Srikanth, told IANS.

Notable Kannada films that failed at the box-office included ‘Bangari’, ‘Attahasa’ and ‘Myna’.

Malayalam

The Malayalam industry, which had as many releases as its Tamil counterpart – 40 – managed only two hits in the first quarter.

” ‘Annayum Rasoolum’ and ‘Romans’ shone at the box-office. While the former managed to collect approximately Rs.6 crore, the latter garnered approximately Rs.10 crore,” said distributor Arvind Nambiar.

Rajeev Ravi’s ‘Annayum Rasoolum’, a love story between a Muslim taxi driver and a Catholic girl, was the first hit of the year, while ‘Romans’, inspired by the English film ‘We’re No Angels’, turned out to be the biggest hit of the first quarter.

Films like ‘Proprietors Kammath & Kammath’, ‘Red Wine’, and ‘Lokpal’, featuring star actors, bombed at the box office.

Korean

After South Korean films sold a record number of tickets last year — 114.6 million out of a total of 194.9 million — the first quarter of 2013 was also off to a strong start with a string of homegrown box office hits.Of the 55.6 million moviegoers that flocked to theaters this year so far, 38.5 million were for local movies, according to the Korean Film Council.

Miracle in Cell No. 7 became the eighth homespun movie ever to break 10-million admissions — a rare feat for a comedy as previous works to reach the milestone were usually action blockbusters. Still ranking high at the box office with over 12.7 million admissions, it was also sold to various Asian countries including Japan, Hong Kong, Taiwan, and Thailand.

The lucky streak for homespun films continued with the star-studded inter-Korean spy thriller The Berlin File, which earlier this month became the most-watched local actioner with over 7 million admissions. The film’s success was followed by the noir gangster thriller New World, which continue to do well in theaters, having sold over 4.5 million tickets as of April 2. The latter was released in the United States earlier in March, and was also sold to Asian and European regions.

Meanwhile the Korean indie cinema scene, which failed to see notable successes with the increasing polarization of the film industry here, saw the Sundance-winning Jiseul climb up to No. 10 in the charts over the weekend of March 29-31. The film has so far drawn close to 60,000 viewers, which would be equivalent to 60 million admissions for mainstream movies. The last time Korean indie films did so well was back in 2008-2009, with award-winning hits such as Breathless, which drew in some 123,000 viewers, and Old Partner, which, like Jiseul, was also invited to show at Sundance and broke records at home with close to 3 million admissions.

Warm Bodies, the Hollywood zombie romance, became a rare import on March 17 to top the box office, which had hitherto been dominated by local fare for 77 consecutive days. Other non-Korean movies faring well in theaters were headlined by Korea stars — in particular G.I. Joe 2: Retaliation starring local heartthrob Lee Byung-hun climbed up the box office over the last weekend of March.

On the other hand, Stoker directed by local icon Park Chan-wook and starring Nicole Kidman, received much press coverage but the mystery thriller remained limited to niche genre audiences and attracted just over 377,000 moviegoers since opening in theaters on Feb. 28.

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