Shahrukh, Akshay in Forbes list of world's 100 highest-paid celebs

July 12, 2016

New York, Jul 12: Bollywood superstars Shahrukh Khan and Akshay Kumar are among the world's highest-paid celebrities of 2016, according to an annual list by Forbes.

SRK-AkshayThe list has been topped by American singer Taylor Swift with an earning of USD 170 million.

Shah Rukh ranks 86th on the list with earnings of USD 33 million, while Akshay comes in on the 94th spot with USD 31.5 million earnings.

Forbes said the "Fan" star "continues to rule Bollywood's box office" with lead roles in hit films and also earns multimillion dollars upfront fees and a cut of the back end for his efforts.

"He also cashes in on endorsement deals for dozens of brands most Americans have likely never heard of," Forbes said.

Akshay, 48, however slipped in ranks this year from 76th in 2015, Forbes said adding that he is one of Bollywood's busiest leading men and banked top rupee for three hit films.

"The action star bolsters his earnings endorsing a wider range of products than most Hollywood shills including motorcycles and gold loan company."

English-Irish boy band One Direction has claimed the second spot on the list with earnings of USD 110 million.

The list also includes author James Patterson on the 3rd spot followed by Real Madrid footballer Cristiano Ronaldo (4), basketball player LeBron James (11) and musician Madonna (12).

Forbes said the world's 100 highest-paid celebrities pulled in USD 5.1 billion pretax during the June 2015-2016 scoring period.

In order to form the Celebrity 100, FORBES evaluates front-of-the-camera talent across the entire entertainment world–idols from Hollywood to Bollywood appear alongside Swedish soccer stars and American basketball players.

One third of this year's honorees hail from outside the US. Forbes notes that while there is a plenty of geographical diversity on the list, the Celeb 100 underscores the chronic pay gap in the entertainment world since there are only 15 women on the list, down from 16 of last year.

The list includes British singer Adele on the number nine with USD 80.5 million earnings. Chinese actor Jackie Chan ranks 21 on the list with USD 61 million earnings and Brazilian supermodel Gisele Bundchen ranks 99th on the list.

Hollywood comedian Kevin Hart ranks sixth followed by actor Dwayne Johnson on the 19th spot, reality TV show star Kim Kardashian on the 43rd spot and Oscar-winning actress Jennifer Lawrence on the 50th spot.

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News Network
July 12,2020

Mumbai, Jul 12: Actress Aishwarya Rai Bachchan and her daughter Aaradhya have tested positive for coronavirus, confirmed Maharashtra Health Minister Rajesh Tope on Sunday. However,  veteran actor Jaya Bachchan has tested negative for the virus.

"Smt Aishwarya Rai Bachchan and Daughter Aaradhya Abhishek Bachchan have also been detected positive for Covid-19. Smt. Jaya Bachchan ji is tested negative for Covid-19. We wish the Bachchan Family to get well soon with a speedy recovery," Tope tweeted.

As per Assistant Municipal Commissioner Vishwas Mote, the rest of the family members - Jaya Bachchan, daughter Shweta Bachchan Nanda and her children Agastya and Navya Naveli - have tested negative for COVID-19.

On Saturday, legendary actor Amitabh Bachchan and son Abhishek Bachchan took to social media to confirm that they have detected positive for coronavirus.

The 'Sholay' actor is reported to be in a "stable" condition with "mild symptoms."
The 77-year-old has been admitted to the isolation unit at Mumbai's Nanavati Super Speciality Hospital.

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Agencies
May 17,2020

Mumbai, May 17: TV actor Manmeet Grewal, who worked on shows like "Aadat Se Majboor" and "Kuldeepak", committed suicide after struggling with dwindling finances amid lockdown, family friend-producer Manjit Singh Rajput said.

Grewal, who was originally from Punjab, hanged himself on Friday night at his Kharghar residence here where he lived with his wife. He was 32.

Rajput, who had known Grewal for nearly seven years, said the actor was facing "financial crisis" and wasn't able to earn due to the lockdown. 

"He was going through a major financial issue and he was also in depression. The added pressure of not being able to repay loans amid this (no work phase) got to him. His wife is completely shocked and devastated," Rajput told PTI.

The producer said last rites of the actor were performed on Saturday. 

Grewal was working on projects like a webseries and some commercials, which were put on hold due to the nationwide lockdown amid the coronavirus pandemic. 

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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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