Film Financial News

Filmmakers criticising criticism is a global phenomenon as old as cinema itself. In Kerala though, matters have taken a grave turn, with some directors seeking legal curbs on critiques on social networking sites and YouTube. Several developments reported from the state in the October-November period have implications for free speech nationwide.

Hu Ling made history on Saturday as the first Chinese film star to grace the red carpet of Taiwan's Golden Horse Awards since 2019. During that year, China had boycotted the prestigious awards show due to political tensions surrounding Taiwan's status as a self-ruled island.

Vidhu Vinod Chopra directed movie ‘12th Fail’ has been submitted for Oscars as an independently nomination, India Today reported. Vikrant Massey was talking at the Sahitya AajTak 2023 event when he confirmed that ‘12th Fail’ had been submitted to Oscars as an independent entry from India.

Ralph Macchio, Hilary Swank, and Jaden Smith. Just this week, Macchio and Jackie Chan revealed their collaboration on a new Karate Kid film. The significant news, however, is Sony Pictures launching a global search for the film's young co-star. Remarkably, within a mere 24 hours of the announcement, there were 10,000 submissions to the open casting call, as reported by THR. The Karate Kid team is seeking a «smart, scrappy, and skilled martial artist» aged between 15-17, capable of portraying Chinese or mixed-race Chinese. Proficiency in English is essential, and conversational Mandarin is a plus. The chosen actor will have the perfect mentor in Macchio, who originally did the role of Daniel LaRusso in the 1984 film «The Karate Kid» and its sequels, as well as the ongoing Netflix series Cobra Kai. On the other hand, Chan portrayed Mr. Han, mentoring Jaden Smith's Dre Parker in the 2010 remake of «The Karate Kid.” Jonathan Entwistle directs the sixth installment of Karate Kid, scripted by Rob Lieber, hitting theaters on December 13, 2024. Jackie Chan and Ralph Macchio, known for their roles in different „Karate Kid“ films released years apart, are set to collaborate in an upcoming martial arts franchise movie. Produced by Karen Rosenfelt, directed by Jonathan Entwistle, and written by Rob Lieber, this Sony Pictures production is scheduled to hit theaters on December 13, 2024.

Netflix's release of the first five episodes of Squid Game: The Challenge, a reality show based on the popular Korean drama, the competition series is grappling with controversies and potential legal action. Contestants have raised concerns about injuries suffered during filming, leading to threats of legal action from a U.K.-based law firm. In response, one of the show's producers fired back, pointing a finger at the conditions of American reality television.

₹258.67 crore in India on Friday, according to Sacnilk.com. The Maneesh Sharma-directed film collected is now eyeing to its touch ₹275 crore mark. Also Read: Tiger 3 Box Office Collection Day 10: Salman Khan's movie becomes all-time biggest Diwali hit Till now, Tiger 3 continued to maintain its charm not only in its Hindi-speaking audience but also among its South Indian audience.

Salman Khan and Katrina Kaif's latest theatrical offering, 'Tiger 3', now in its 13th day since a grand Diwali release, continues its journey at the box-office, albeit with a noticeable dip in collections. The film, which started with a robust opening of Rs 44.5 crore in India, reached its pinnacle on the second day with a whopping Rs 59.25 crore. However, the subsequent days have witnessed a gradual decline in earnings.

Delhi is set to table a proposal in the next House meeting to reduce such charges and deploy civil guards and a licence officer at designated areas, an MCD official aware of the development said. «The proposal aims to slash the charges for film shooting in Delhi to Rs 15,000 for an eight hour per day slot and Rs 25,000 for 24-hour per day slot from Rs 75,000 per day,» the official told PTI. According to the proposal, the time designated for film shooting on an MCD property will be divided into three shifts of eight hours.

Blue Dragon Film Awards, recently took place at the KBS Hall in Yeouido, Seoul, on November 24. Hosted by actress Kim Hye Soo and actor Yoo Yeon Seok, this 44th edition brought together A-list celebrities to acknowledge the contributions of films and actors who impressed the audience with their talent.

Yeh Jawaani Hai Deewani actor asked the audience why "the process is not smooth?". Actor Bobby Deol, co-star of Kappor's upcoming film Animal then suggested he take an 'annual' subscription to get rid of all inconvenience. Several users reacted to the video with some sharing dissatisfaction with the RBI's recurring payment system while others found the transaction norm valid.

The world of film is embracing blockchain technology and the opportunities it brings to decentralize the investment process. 

Disney CEO Bob Iger revealed plans for a fourth Frozen movie during an appearance on Good Morning America. The announcement follows the success of the franchise's third installment, which is still in production with an unconfirmed 2025 release date according to IMDB. The Frozen series, loosely based on Hans Christian Anderson's The Snow Queen, has been a massive success since its debut in 2013.

Home Alone movies are now available for streaming on Disney+. Originally bouncing between platforms like Netflix and Max, the films found their home on Disney+ after Disney''s acquisition of Fox a few years ago. The most recent installment, "Home Sweet Home Alone," released in 2021, is exclusively on Disney+. Premiering on November 16, 1990, the first Home Alone film, made on an $18 million budget with modest promotion, became a Hollywood success story. Initially considered fortunate to break even, the film spent an astonishing 12 weeks as the number-one-grossing movie, ultimately earning $476 million at the box office. The plot revolved around the McAllister family accidentally leaving young Kevin (Macaulay Culkin) behind during a Christmas trip to Paris. Kevin, initially enjoying his solitude, defends his home against bumbling burglars (Joe Pesci and Daniel Stern) with inventive traps. Known for its slapstick comedy, the film became one of the highest-grossing comedies of all time. The 1992 sequel, "Home Alone 2: Lost in New York," continued the story in the Big Apple, grossing $360 million, though not reaching the heights of its predecessor. The 1997 sequel, without Culkin, introduced new characters defending their home with familiar traps. However, it only grossed $79 million, significantly less than its predecessors. Subsequent made-for-TV sequels in 2002 and 2012 followed, with «Home Sweet Home Alone» being the last release in 2021. Whether it's an annual tradition for long-time fans or a first-time viewing for newcomers, Disney+ is the go-to platform for those wanting to experience the enduring and surprisingly successful Home Alone movie series.

Netflix series Squid Game: The Challenge are now seeking compensation for injuries they allegedly sustained while participating in the intense competition. The legal representation for two unnamed players, provided by Express Solicitors, claims that these individuals suffered injuries such as hypothermia and nerve damage during the course of the show. As the legal battle unfolds, questions arise about the welfare standards on set and the responsibilities of the production company.

Prime Video is gearing up with a mix of Christmas content and other options for viewers. While the spotlight is on festive films and shows, there's a variety of entertainment for those seeking something different.

Britney Spears and Sam Asghari have finally hashed out the details of their divorce. After being shrouded in speculation and nasty rumours, the pair emerged on the other side cordially, insiders have revealed. In the meantime, Sam is reportedly being funded by Britney with about $10,000 (£7,900) a month in an LA high-rise. A low six figure check was written to Sam as part of the finalisation process and Sam never contested their prenup despite rumours to the contrary. Initially, Sam was expected to not receive any money at all, according to reports. When Sam filed the divorce papers, the pair initially went no contact, allowing their legal team to facilitate those conversations.

Nicholas Hoult, the actor known for his roles in «About a Boy» and «The Great,» is reportedly set to take on the iconic role of Lex Luthor in James Gunn's upcoming film, «Superman: Legacy.» The news has stirred mixed feelings, considering Hoult's evolution as a versatile actor with a knack for complex characters. The casting choice hints at a potentially youthful direction for Superman, despite Gunn's assurances to the contrary. Hoult, at 33, is poised to engage in a face-off with David Corenswet's 30-year-old Superman, suggesting a narrative shift towards a younger dynamic.

News18. Rajkumar Kohli, who was in his 90s, his last rites will be held later in the evening, confirmed close friend of Arman, Vijay Grover. According to the report, Rajkumar Kohli had gone to take a shower on Friday morning, when he didn’t come out of the bathroom for some time. When his son broke the door, he found his father on the floor.

Carl Erik Rinsch, the director of “47 Ronin,” allegedly took nearly $60 million that Netflix gave him for a sci-fi series to invest in the crypto and stock markets.

Godrej Expert Rich Crème maintains a significant presence in the hair colouring domain, providing consumers with a blend of affordability and quality. Godrej Expert Rich Crème has launched its TV commercial conceptualised by Lightbox, the in-house creative studio of GCPL.

‘Animal’ started on Sunday, November 26, in India. The film is expected to earn ₹50 crore on its opening day, according to industry tracker Sacnilk reports. Only 3,200 tickets have been sold for 206 locations during the film's early reservations in the US.