Niche American films find success with premium pricing in Indian market
1 week, 1 day ago

Niche American films find success with premium pricing in Indian market

Live Mint  

Niche American dramas and small-scale Hollywood films such as Tom Hanks-starrer Here and Michael Keaton’s comedy Goodrich have seen reasonable box-office success in India, buoyed by premium pricing, despite the noise around steep ticket prices deterring footfalls at theatres. Over the past few months, small-scale American films such as Here, Michael Keaton’s comedy Goodrich and romantic comedy Fly Me To The Moon have respectively made ₹35 lakh, ₹10 lakh and ₹25 lakh in box-office collections in India. While they cannot be compared to the ₹100-crore-plus earnings of high-budget, action or superhero Hollywood films, trade experts say the high ticket pricing helps these titles find appeal among their target audience. “Even in the West, the Oscar kind of films only find a limited audience and it’s not like lower prices would attract more viewers anywhere," Puri emphasized.

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