Amitabh, Salman, Akshay among world's top ten highest-paid actors

August 5, 2015

Washington, Aug 5: Indian superstars Amitabh Bachchan, Salman Khan and Akshay Kumar feature in the top 10 highest-paid actors in the world list, earning more than Hollywood legends Dwayne "The Rock" Johnson and Johnny Depp.

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The list of 34 global actors, which has been compiled by Forbes magazine, also includes superstar Shah Rukh Khan and Ranbir Kapoor. The Forbes's ranking of the 'World's Highest-Paid Actors' 2015 looked for the first outside the US to create a truly global dollar tally of film's leading men.

The list features 12 newcomers, five from India alone. Of the 34 actors, Indian stars comprised the largest number of listees after the US, earning a combined USD 140.5 million, Forbes said.

Bachchan and Salman each made USD 33.5 million to tie at 7th place, earning more than American actors Chris Pratt and Oscar winner "Gone Girl" actor Ben Affleck combined, "without being US household names."

Akshay, one of "Bollywood's busiest leading men", ranks 9th on the list with USD 32.5 million in annual earnings–equal to Hollywood A-listers George Clooney and Brad Pitt's combined haul in the same time frame, Forbes said.

Describing Shah Rukh as "India's Leonardo DiCaprio", Forbes ranked him 18th on the list with earnings of USD 26 million. Ranbir is ranked 30th on the list with USD 15 million earnings.

The list has been topped by actor Robert Downey Jr with earnings of USD 80 million that skyrocketed thanks to top-grossing movies such as "Avengers: Age of Ultron". On the second spot is Jackie Chan with earnings of USD 50 million, "Fast and Furious" actor Vin Diesel at the third spot with earnings of USD 47 million and "American Sniper" actor Bradley Cooper on the 4th position with USD 41.5 million in earnings.

Forbes said Bachchan, 72, "out-earns" the next oldest actor on the list, 63-year-old "Taken" star Liam Neeson, by USD 14 million, thanks to his roles in movies such as 2014's "Bhoothnath Returns".

Bachchan bolsters his earnings as the longstanding host of "Kaun Banega Crorepati", India's version of "Who Wants To Be A Millionaire". The show recorded an average weekly viewership of 5.2 million in its 8th season, which aired in 2014, Forbes said.

Salman, 49, one of India's biggest star, tied with Bachchan despite a career trailed by controversies, including conviction for poaching of a blackbuck and a hit-and-run car incident which killed a homeless man.

His Being Human clothing line clocked USD 30 million in 2014 revenue, with proceeds going to his foundation. "Though such lawsuits may have doomed his career stateside, Khan maintains a loyal following, particularly among India's provincial moviegoers," Forbes said.

47-year-old Akshay, who makes an average of four movies a year, boasts a production schedule busier than most Hollywood or Bollywood stars.

He earned top rupee for roles in 2014 movies such as "Holiday" and "Entertainment" and bolstered his paycheck hosting Indian reality TV shows, it said.

Shah Rukh, also known as the King of Bollywood, makes the same amount as iconic Hollywood actor, producer and raper Will Smith and more than "Good Will Hunting" actor Matt Damon, "X-Men" actor Hugh Jackman or Oscar-winning actor Russel Crowe.

Ranbir's USD 15 million earning rounds out the Indian contingent. Though he made less than his compatriots, he still out-earned American actors Chris Pratt, Chris Evans and Hong Kong star Andy Lau.

The 32-year-old, one of Bollywood's top male actors and joins the World's Highest-Paid Actors list for the first time.On how do Bollywood's stars make so much money, Forbes said though Indian movies gross far less than US films at the box office, they recoup costs by selling satellite rights to TV channels. Unlike the US, where first dollar gross deals are a thing of the past, Bollywood stars continue to earn a cut of each film's ticketing revenue.

"Like their US counterparts, they also supplement movie pay with product endorsements. Though these tend to be less lucrative than American stars' seven figure deal, Bollywood's best tend to rep over 10 different products, some more glamorous than others," it said.

The measures money earned from June 1, 2014 to June 1, 2015 before subtracting management fees and taxes; figures are based on data from Nielsen, Box Office Mojo and IMDB, as well as interviews with agents, managers, lawyers—and stars themselves.

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Agencies
July 11,2020

New Delhi, Jul 11: The COVID-19 triggered restrictions on cinema exhibition industry have not only disheartened movie goers, but axed several thousand jobs and costed the industry an estimated ₹ 5,000 crore in revenue.

The sector has been one of the hardest hit due to COVID-19 pandemic and the subsequent restrictions implemented to curb its spread.

Presently, cinemas and multiplexes continue to remain in the list of prohibited activities under the Centre's Unlock 2.0 Guidelines.

In an interview to media persons, movie exhibition major Inox Leisure's Chief Executive Alok Tandon said, "The industry on an average collects about ₹ 1,000 crore a month of 'Box Office' and on an average generates about ₹ 500 crore a month of ancillary revenues."

"Keeping in mind that the lockdown has been effective for more than 100 days now, which is about 3.5 months, the cinema exhibition industry would have accumulated losses worth ₹ 5,000 crore so far."

According to Tandon, associated businesses such as pre and post-production, make-up artistes, graphics, film set fabrication, film crew, events, marketing, F&B services have all been impacted due to the restrictions.

"With the production and exhibition of movies coming to a halt, the industry was bound to witness some job losses," he said without divulging any estimates.

As per industry data, the multiplex industry in India employs more than 200,000 people directly and accounts for nearly 60 % of revenues of the film business.

On the way forward, Tandon elaborated that the industry expects to regain business momentum and sentiment post resumption of operations.

"We believe it will be a matter of a couple of blockbusters, and we will be back to our usual operational numbers," he said.

"We are rightfully relying on the unshakeable passion of the Indian movie lovers, who are yearning to step out and spend time enjoying the giant screen experience."

Furthermore, he cited that industry has sent representation to the Centre for immediate re-commencement of operations and a support package.

"We have requested for financial support in the form of salary subsidies during the lockdown period, interest-free loans for three years, exemptions from various taxes and duties, like 'GST, Show tax, LBETs and Property taxes' for a period of one year from the date of operations, waiver on electricity minimum demand charges for one year and auto renewal of licenses and permits for the next one year," he said.

"We have been talking to our mall developer partners and are working together with them to see through this phase."

However, even after re-commencement, the industry anticipates at least 3-6 months before things return anywhere close to normal.

"The cinema ecosystem is such that we will need all the aspects of the business to swing into action and fire together for us to see a resurgence, and we are highly optimistic about the same," he said.

In terms of global experience, Tandon pointed out that cinemas have started operating in more than 25 major countries, and some of those markets are witnessing a healthy response.

"India is a massive movie market and we are confident that the passionate and responsible movie lovers will turn up in huge numbers to enjoy their favourite form of entertainment and also follow the prevention guidelines at the same time, ensuring a safe and steady revival of the cinema exhibition sector," Tandon said.

The film exhibition industry in India is mainly comprised of single screen and multiplexes.

At present there are around 9,527 cinemas across the country, including 6,327 single and 3,200 multiplex screens.

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News Network
January 23,2020

Mumbai, Jan 23: Actor Tiger Shroff is set to share the screen with his father and veteran actor Jackie Shroff for the first time in "Baaghi 3", the makers announced on Thursday.In the third installment of action-drama, directed by Ahmed Khan, Jackie will play the on-screen father of Tiger and his co-star Riteish Deshmukh's characters.

In a cameo appearance, the 62-year-old actor will essay the role of a police inspector in "Baaghi 3", producer Sajid Nadiadwala said.

"Everyone has been waiting to see Tiger team up with his 'Hero' father Jackie since we launched him. There have been plenty of speculations and no one has been able to bring them together in the last six years as the duo was categorical they would only share the screen when a film and role merited their presence.

"Ahmed and I feel the story line required Jackie to be a part of them film and I believe our visions matched to understand how it's a pivotal role in the film," Nadiadwala said in a statement.

The producer said having Jackie on board will add to the film's expectations.

"... I am confident no one will be disappointed by this double dose of Shroffs and will stand as a strong USP," Nadiadwala added.

Jackie started shooting for the film on Wednesday.

Also starring Shraddha Kapoor and Ankita Lokhande, "Baagi 3" is scheduled to be released on March 6.

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News Network
January 27,2020

Los Angeles, Jan 27: Pop-rock innovator Billie Eilish on Sunday bested a packed field to win the Grammy for Song of the Year -- which honors songwriters -- for her hit "Bad Guy."

The 18-year-old beat veteran acts Lady Gaga, Taylor Swift and Lana Del Rey along with newcomers Lewis Capaldi and Lizzo to take home the coveted honor.

She shares the prize with her older brother Finneas O'Connell, her primary creative collaborator.

The pair were gracious onstage, with Eilish telling her fellow nominees: "I grew up watching all of you."

"We just make music in a bedroom together," said O'Connell. "We still do that and they let us do that. (...) This is to all of the kids making music in your bedrooms today -- you're going to get one of these."

Eilish was among this year's most nominated artists with six nods, and is the youngest person ever nominated in all four of the top categories.

Best song was her second award of the night. She won earlier for best pop vocal album for "when we all fall asleep, where do we go?"

Before she released the album in March 2019, Eilish had already assembled a fervent online following for her bold, often haunting pop sound.

In August, Eilish became the first musician born in the 2000s to top the Billboard Hot 100, when she dethroned Lil Nas X, who spent a record-breaking 19 weeks at the top with viral hit "Old Town Road."

The artist named Billboard's 2019 Woman of the Year has also written and will perform the theme song for the upcoming James Bond film "No Time To Die."

"I feel like I'm not supposed to be here," she told E! television on the red carpet before the gala. "Life is weird."

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