Harry Potter pips Guzaarish in weekend collections

cast his spell on audiences this weekend, opening to packed houses in multiplexes and single-screen theatres, across cities in the country. Harry Potter and the Deathly Hallows: Part-1, which grossed around Rs 16 crore in the first three days, pipped Sanjay Leela Bansali’s which collected Rs 14.5 crore during the period.

“Harry Potter has a dedicated fan following, which has grown over the years. Initially, the Harry Potter films drew in children. However, now people from all age-groups are tuning in to the Pottermania”, said Jayendra Banerji, vice-president, Satyam Cineplexes. Satyam, which is running 18 shows of Harry Potter in Delhi clocked occupancies of 70 per cent, compared to the 45 per cent it recorded for Hrithik Roshan-Aishwariya Rai Bachchan-starrer, Guzaarish.

Sunil Punjabi, chief executive officer, Cinemax added, “Guzaarish has been more of a metro phenomenon till now. But the movie is gaining on word-of-mouth publicity. Harry Potter is among the most popular film franchisees. For instance, in Hyderabad, where we are running the movie in Telugu, 75 per cent of our tickets were sold out for Harry Potter on Thursday itself. The movie is doing well in all places.”

“Guzaarish received a lukewarm response on the opening day, which dropped sales. The movie picked up on Sunday, with the film being appreciated by audiences, it should do better in the coming weekend”, said Prakhar Joshi, head of Programming, PVR Cinemas. What is interesting is that while has release 950 prints of Guzaarish in the domestic market, Harry Potter has done better business with just 531 prints having been distributed in the country.

Komala Nahata, film trade analyst, said, “The average realisation per print for Harry Potter would definitely be higher than that for Guzaarish. Guzaarish has sectional appeal, it is doing well in urban areas that too at select multiplexes. Today, the occupancy for Guzaarish has already dropped to 30 per cent. It is unlikely that producers and distributors will recover costs.”

According to industry sources, Guzaarish has been produced on a budget of Rs 50 crore, while an additional Rs 10 crore has been pooled in for marketing the movie. A spokesperson from UTV Software Communications, informed the movie had made Rs 22 crore over the weekend. The figures are at variance with the BoxOffice estimates of around Rs 15 crore for the weekend.

image
Business Standard
177 22
Business Standard

Harry Potter pips Guzaarish in weekend collections

Sharmistha Mukherjee  |  New Delhi 



cast his spell on audiences this weekend, opening to packed houses in multiplexes and single-screen theatres, across cities in the country. Harry Potter and the Deathly Hallows: Part-1, which grossed around Rs 16 crore in the first three days, pipped Sanjay Leela Bansali’s which collected Rs 14.5 crore during the period.

“Harry Potter has a dedicated fan following, which has grown over the years. Initially, the Harry Potter films drew in children. However, now people from all age-groups are tuning in to the Pottermania”, said Jayendra Banerji, vice-president, Satyam Cineplexes. Satyam, which is running 18 shows of Harry Potter in Delhi clocked occupancies of 70 per cent, compared to the 45 per cent it recorded for Hrithik Roshan-Aishwariya Rai Bachchan-starrer, Guzaarish.

Sunil Punjabi, chief executive officer, Cinemax added, “Guzaarish has been more of a metro phenomenon till now. But the movie is gaining on word-of-mouth publicity. Harry Potter is among the most popular film franchisees. For instance, in Hyderabad, where we are running the movie in Telugu, 75 per cent of our tickets were sold out for Harry Potter on Thursday itself. The movie is doing well in all places.”

“Guzaarish received a lukewarm response on the opening day, which dropped sales. The movie picked up on Sunday, with the film being appreciated by audiences, it should do better in the coming weekend”, said Prakhar Joshi, head of Programming, PVR Cinemas. What is interesting is that while has release 950 prints of Guzaarish in the domestic market, Harry Potter has done better business with just 531 prints having been distributed in the country.

Komala Nahata, film trade analyst, said, “The average realisation per print for Harry Potter would definitely be higher than that for Guzaarish. Guzaarish has sectional appeal, it is doing well in urban areas that too at select multiplexes. Today, the occupancy for Guzaarish has already dropped to 30 per cent. It is unlikely that producers and distributors will recover costs.”

According to industry sources, Guzaarish has been produced on a budget of Rs 50 crore, while an additional Rs 10 crore has been pooled in for marketing the movie. A spokesperson from UTV Software Communications, informed the movie had made Rs 22 crore over the weekend. The figures are at variance with the BoxOffice estimates of around Rs 15 crore for the weekend.

RECOMMENDED FOR YOU

Harry Potter pips Guzaarish in weekend collections

Harry Potter cast his spell on audiences this weekend, opening to packed houses in multiplexes and single-screen theatres, across cities in the country. Harry Potter and the Deathly Hallows: Part-1, which grossed around Rs 16 crore in the first three days, pipped Sanjay Leela Bansali’s Guzaarish which collected Rs 14.5 crore during the period.

cast his spell on audiences this weekend, opening to packed houses in multiplexes and single-screen theatres, across cities in the country. Harry Potter and the Deathly Hallows: Part-1, which grossed around Rs 16 crore in the first three days, pipped Sanjay Leela Bansali’s which collected Rs 14.5 crore during the period.

“Harry Potter has a dedicated fan following, which has grown over the years. Initially, the Harry Potter films drew in children. However, now people from all age-groups are tuning in to the Pottermania”, said Jayendra Banerji, vice-president, Satyam Cineplexes. Satyam, which is running 18 shows of Harry Potter in Delhi clocked occupancies of 70 per cent, compared to the 45 per cent it recorded for Hrithik Roshan-Aishwariya Rai Bachchan-starrer, Guzaarish.

Sunil Punjabi, chief executive officer, Cinemax added, “Guzaarish has been more of a metro phenomenon till now. But the movie is gaining on word-of-mouth publicity. Harry Potter is among the most popular film franchisees. For instance, in Hyderabad, where we are running the movie in Telugu, 75 per cent of our tickets were sold out for Harry Potter on Thursday itself. The movie is doing well in all places.”

“Guzaarish received a lukewarm response on the opening day, which dropped sales. The movie picked up on Sunday, with the film being appreciated by audiences, it should do better in the coming weekend”, said Prakhar Joshi, head of Programming, PVR Cinemas. What is interesting is that while has release 950 prints of Guzaarish in the domestic market, Harry Potter has done better business with just 531 prints having been distributed in the country.

Komala Nahata, film trade analyst, said, “The average realisation per print for Harry Potter would definitely be higher than that for Guzaarish. Guzaarish has sectional appeal, it is doing well in urban areas that too at select multiplexes. Today, the occupancy for Guzaarish has already dropped to 30 per cent. It is unlikely that producers and distributors will recover costs.”

According to industry sources, Guzaarish has been produced on a budget of Rs 50 crore, while an additional Rs 10 crore has been pooled in for marketing the movie. A spokesperson from UTV Software Communications, informed the movie had made Rs 22 crore over the weekend. The figures are at variance with the BoxOffice estimates of around Rs 15 crore for the weekend.

image
Business Standard
177 22
Widgets Magazine

More News

Widgets Magazine
Widgets Magazine

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard