Comments
If the first six months of 2019-20 were a good period for Bollywood movies, they were just as good Hollywood movies. The first quarter of 2019-20 proved fruitful for Hollywood movies, with those in the Avengers series, produced by Marvel Studios, topping box office sales during the first quarter of both 2019-20 and 2018-19.
Data available on film trade website Bollywood Hungama show that Avengers: Endgame , which was released in India on April 26, made a collection of over ₹373 crore in the Indian market.
None of the Bollywood movies released during the first quarter of 2019-20 came close to this figure. Only the Shahid Kapoor-starrer Kabir Singh , which was released on June 21, made a net box office business of around ₹278 crore among Bollywood movies during that quarter.
Other English movies such as Annabelle Comes Home , Godzilla 2 – King of the Monsters , and Aladdin were released during the quarter. Of them, Aladdin made a net box office collection of around ₹55 crore.
It was the other movie from Marvel Studios, Avengers: Infinity War , that strengthened the position for Hollywood releases in India during the first quarter of 2018-19. Released on April 27 2018, Avengers: Infinity War made a collection of more than ₹227 crore.
According to the FICCI-EY Media and Entertainment Report for 2019 titled ‘A billion screens of opportunity’, the net box office collection of Hollywood films (which includes all the Indian language dubbed versions) was around ₹921 crore in calendar year 2018. Nearly one-fourth of this collection came from Avengers: Infinity War .
The report had stated that a blockbuster such as Avengers: Infinity War was equal to two decent-sized Hollywood hits in India.
Jurassic World: Fallen Kingdom and Deadpool 2 were the other notable releases during the first quarter of 2018-19.
Q2 PALES
However, Hollywood releases in the second quarter this year were a bit lacklustre, even if they did better than films released during the corresponding period of 2018-19.
Movies such as The Lion King and Spider-Man: Far From Home , which were released in July 2019, made a collection of around ₹158 crore and around ₹86 crore, respectively, during the second quarter this year.
Some of the notable releases in the second quarter last fiscal year included The Nun , Mission: Impossible – Fallout and Ant-Man And The Wasp , only Mission Impossible was successful in making a net box office business of around ₹80 crore. The collections of other two remained below ₹50 crore.
An encouraging Q3
The third quarter of 2019-20 seems to be an encouraging quarter for Hollywood releases in India if the collections are any indication. In October, Joker and Maleficent were released in India. Based on the DC Comics characters, Joker was released on October 2 in India. Starring Joaquin Phoenix as the Joker, this movie made a collection of ₹55.40 crore in October. In fact, this collection is more than October 2018 Hollywood release in India. Venom, a movie based on Marvel comics character, which was released on October 5 2018, made a collection of ₹34.31 crore.
Comparatively, Bollywood gained an upper hand in terms of collection. Released on October 2, War movie crossed ₹300 crore in October. The movie starring Hrithik Roshan and Tiger Shroff has been produced under Yash Raj Films banner.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.