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There is an influx of new talent. But, there was a phase not long ago when every big named corporate house backed only Page 3 makers who had rapport with stars. The corporate houses bankrolled projects, not content, blindly. So, okay, if you had made a name even as a choreographer or belonged to a family with antecedents or were in anyway close to a star, you were set for multi-crore projects from a corporate house. Banners.
These corporate houses had all the money and no idea of filmmaking. They enrolled marketing graduates. And, filmmaking and marketing were not like selling soap or a biscuit brand. These corporate houses backed names, not scripts or content.
So, if had contacts, you get a two or three-film contract and a budget of, say, 100 crore. If you are Farah Khan you get crores to make a heist film, in mofussil areas which don’t even cost much in the making. If your company is owned by, say, a star like Ajay Devgn, you get 100 crore to make three films. Nobody knew nor cared that the content is what sells. There were ample such examples.
Some of those who were not really filmmakers made money, and the corporate houses which bankrolled such projects were bound to suffer. Most of them have vanished save for the odd one. Even those who still operate have withdrawn from financing Hindi films. They had gotten into something they knew nothing about!
Since these corporates backed only names and superstars, new talent was ignored. They wanted a Khan or a Hrithik, no less! Soon, the negative returns started. First the so called makers let them down and, resultantly, the stars.
It has been a long time since these stars delivered a hit. The stakes were big and the returns poor. One can use the paid media to make a film look like a hit. But, a company’s balance sheet does not write what the paid media writes. So, the corporate houses have withdrawn but, in the process, spoilt the budgeting system of filmmaking in general by throwing monies left right and centre thoughtlessly.
The thing is that, even the non-corporate production houses like Sajid Nadiadwala, BR Films, Karan Johar and T Series et al felt more secure with superstars. But, soon they realised that it was time to balance their act. All such big banners took to promoting new talent and making small or mid-range films. One of the reasons for these makers to divert to new talent was that the superstars had all become producers of their own films or were promoting relatives, and the corporate houses were the suckers who were willing to back a superstar. It did not matter who the maker was!
Karan Johar gave break to three new faces, Varun Dhawan, Alia Bhatt and Sidharth Malhotra. Sajid Nadiadwala gave break to Tiger Shroff, and it worked. Yash Raj Films gave break to Ranveer Singh, followed by many others. In fact, these banners created a talent bank of their own. Most of the actors launched by these non-corporate ownership production houses are today thriving because of this new breed.
Here is a look at the successful films delivered by the new breed of actors as compared to superstars like Shah Rukh Khan, Aamir Khan and Salman Khan. While the score for Shah Rukh and Salman is rather depressing with their last few films, Aamir films come after long intervals. He gave his last hit in “Dangal” three years back. Aamir is the only one who may still continue to enjoy success.
However, the theatres need a regular flow all 52 weeks a year to feed their multiple screens. The superstars of their time could deliver less than half a dozen films a year. Against this, the big production houses wanted to work with only the established superstars. They loved high stakes since it was not a personal risk, they were bankrolled by corporate moneybags.
The artistes too realised that they did not need a producer and that the big daddies of film finance were banking on them, mainly. The producer was a middleman just because he had access to the star. The stars decided to make their own films. Turn self, brother, brother-in-law, wife or other near ones the producer.
When the big banners realised they needed a secondary line-up of production, some of them launched parallel banners. UTV Spot Boy for example, Balaji’s ALT Entertainment and so on. Now, spot boy used to be the lowest rung or help in a film production sets. His job was to serve tea and run errands! Was making films with other actors and not the superstars so embarrassing?
Since the Khans have failed to deliver, you see a sudden outburst of talent which was around but dormant for some time. A 100-crore grosser is basically a media myth hyped thanks to PR-fed reporters.
What is a 100 crore film when the budget of a superstar film is more than that and when a 100 crore only means, say, a 45-crore take-home for the maker? The cinema chains don’t run films for free and 100 crore includes their share plus distribution expenses.
Now, the concept of 100 crore has a totally different dimension altogether. If one considers the kind of films and the actors who carried them in last couple or three years, not surprisingly, the talent and scripts have scored, not the stars.
Not only the new stars, but also some of the other stars who were considered second-rung by the major filmmakers — Akshay Kumar, Hrithik Roshan, John Abraham, Ranbir Kapoor and Shahid Kapoor — have now come into their own. While John has had three notable hits in “Parmanu: The Story Of Pokhran”, “Satyamev Jayate” and “Batla House”, Shahid Kapoor delivered his career best “Kabir Singh”. Hrithik got a hit after a long gap with “Super 30”. Ranbir got his much needed hit, “Sanju”, while also being lauded for his performance in the film. Ranveer Singh, who has been lucky to work mostly with established banners and successful directors, retained his position with “Padmaavat” and “Gully Boy”. Ajay Devgn continues to hold his own with “De De Pyaar De”.
The biggest gainer over the last two to three years is Akshay Kumar. During the current and the last year, he has to his credit as many as four hits – “Pad Man”, “Golda, “Mission Mangal” and “Kesari”. That’s a 100 per cent success ratio.
The filmmaker not having big stars and big budgets to count on have started working on new themes and interesting scripts. This has opened up opportunities for fresh talent, resulting in a line-up box office successes. Between them, Ayushmann Khurrana, Vicky Kaushal, Tiger Shroff, Sushant Singh Rajput, Kartik Aaryan, Rajkummar Rao etc are delivering hits on regular basis. Not to forger the female stars, Alia Bhatt, Kriti Sanon, Shraddha Kapoor, Yami Gautam, Bhumi Pednekar etc. They account for almost half of the successful films of the past two years. And, what is more, this lot has been able to establish connect with the young moviegoer.
These new stars have made the old adage ‘paisa vasool film’ relevant again.
@The Box Office
* This week sees the release of “Prassthanam”, “The Zoya Factor” and “Pal Pal Dil Ke Paas”. Surprising that producers like Sanjay Dutt and Sunny Deol should decide to release their films in what is considered the dullest period of the year. Traditionally, the Shradh period was considered inauspicious for new films to release. But, even if the producers concerned don’t believe in tradition, but a lot of the viewers do, and movie going is not on their agenda.
* Besides, the festival of Navratri is just one week away. The festival is celebrated and rituals followed during these nine days like fasting etc. Also, the performance of Ram Leela rates high on viewer’s list.
* Not surprisingly, the three films have met with a very weak reception on the opening day.
* “Dream Girl” is a hit. The film has collected a solid Rs 70 crore in its opening week.
* “Section 375” remained poor, managing to collect just about Rs 9 crore in its first week.
* “Chhichhore” has complemented its excellent first week collection of Rs 66 crore with an impressive second week figures of Rs 39 crore. (IANS)
Divorce is a hard fact in someone's life because it can affect all aspects of life like social, economic, and living status. Conditions become tougher if you have children. Recovering from divorce is also a painful process but good thing is that it is possible to get through it and place better in terms of both finances and emotions. The impact of divorce on finances can be life-lasting but taking precautions and thorough investigations of options can help a lot not only to save unnecessary costs but also some other hidden areas where you weren't aware. Following are some tips to save money during a divorce.
1.Avoid advice from everyone
People like your friends, family members, colleagues, neighbors, etc. will start giving unsolicited advice during the divorce process when you discuss it with them. They will share their own experiences and horror stories and advice on how to handle financial issues during the divorce process. Get advice only from those you trust. In this regard, attorneys or financial experts are the best options to save money during the divorce process.
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2.Consider your spouse
It can be challenging for someone who has started the divorce process to think about the soon-to-be ex-spouse's best interests and financial wellbeing. While making decisions about assets and finances, considering not only your interests but also your spouse's interests can help you to reduce divorce process time. You can save your own and your spouse's money if you spend less time in such negotiations because times spend with the attorney will also be shortened.
3.Goodbye to the joint bank account
You should close all joint bank accounts which were in use of you and your spouse especially credit base account. Block major and supplementary credit and debit cards. Your spouse can use it and you can suffer heavy financial loss. Closing of all joint accounts should be the first step to cut down financial loss during divorce proceedings.
4.Open a new checking account
In continuation of the previous point, open your new checking account. This will help you in terms of not only building up of financial history but also your credit record. Credit history will be helpful if you apply for a loan or any other credit facility. This financial history will let you control your money during the divorce process. If your bank account is not a joint account but you own it, then make sure that your spouse was not using supplementary debit or credit cards. If the spouse was using then block it immediately.
Divorce can include many additional and sometimes hidden costs along with routine costs. This can bring more stress and worries to your life. Saving money can help you to fight such financial status. Force savings every month in this regard can help a lot. You can do this by opening a savings account and setting up a debit order from your checking account.
Recovering from divorce is also a painful process but good thing is that it is possible to get through it and place better in terms of both finances and emotions.Getty pictures
6.Keeping track record of the expense
You may not be interested in maintaining a record sheet of your expenses during your married life. If so, then you should start now. Analyze your bank statement critically because expenses can be out of control now. Review your daily cost of things and make critical decisions to cut down unnecessary costs.
7.Chalk out budget
Ideally, a proper budget should be chalked out to control expenses and save money during the divorce process. Select important segments/areas of your lifestyle and allocate a budget to each of them. After allocation of budget, stick to it strictly every month. This can be problematic in the beginning but become easy when you become used to it. By doing this, you will also be able to manage your savings account by allocating money.
8.Own health insurance
Medical emergencies and different health issues can be sudden or without any notice. So, it is necessary to have a health insurance plan in order to not only pay bills of medicines and lab tests but also an unexpected expensive hospital stay. If your health insurance has previously been covering your spouse then it is advisable to set up your own health insurance plan. This can help you to save money.
9.Amendments in your will and beneficiaries
If you have already decided about your will beneficiaries then it is the right time to update it. Now your divorce is under process, so, the content of your will and beneficiaries should also be significantly changed. This is much needed because it is possible that now you have children and who you like to allocate your property and saving especially if the children were not present when you drew up the will.
10.Change power of attorney
Many people assign power of attorney to their spouses during the marriage. Now it is essential to update and end the power of attorney and signing authority given to the spouse. This will help you in terms of legal and financial matters.
11.Apply for online divorce
Advancement in technology has made it easy for everyone to save time and money. Now in the United States, it is easy to apply for a divorce online. You can save time and attorney fees by downloading all the required divorce documents online. You should not worry about which document and how downloaded because many local court websites can give detailed information about how to file divorce online and which documents are needed.
12.Make use of the mediator
It is extremely helpful to use the mediator to decide terms and conditions between you and your spouse. Although an attorney is needed in certain matters of divorce use of a mediator will help you in saving attorney fee
Many spouses are very conscious about expensive assets and luxuries that are going to be distributed among spouses after the divorce. So, they make decisions to splurge on these luxuries. It is advisable not to splurge as the cost of divorce proves may be past your expectation.
14.Do it yourself (DIY) divorce
Many people are unable to afford the cost of attorney and mediator, so, they now try to handle things by themselves as much as possible. The rate of divorce and its cost is increasing day by day. This factor making "do it yourself (DIY) divorce" popular. DIY spouses are using information given by some attorneys who are offering free consultation on their first meeting.
Disclaimer: ( The article is sponsored and hence promotes some commercial links)
Gone are those days when people, sports enthusiasts, and governments lined up to host the Olympics. Hosting the Olympics, once seemed to be an immensely prideful event, but it has now transformed into an economic burden. Host cities grapple with a plethora of problems which mainly include construction delays, cost overruns, security issues, and environmental concerns.
The ongoing Covid-19 pandemic has more or less aggravated the problems. The Winter Olympic Games are scheduled for 2022 in Bejing, China. Furthermore, Paris and Los Angeles have been recently nominated as the hosts for the 2024 and 2028 Olympics Games respectively. Both cities have held the Games on two occasions previously, with Los Angeles hosting as recently as 1984. Simply submitting a bid to the International Olympics Committee (IOC) costs up to millions of dollars. Host cities typically have to spend $50 million to $100 million in fees to a slew of consultancy agencies, event management companies, etc.
Hosting the Olympics is more costly than the bidding process. For instance, London spent $14.6 billion for hosting the Games in 2012. On the other side, Beijing spent a lavish $42 billion for the Games in 2008. Meanwhile, the Russians spent $51 billion dollars on the 2014 Sochi Winter Olympics. Making, it the costliest Olympic Games in the history of the Olympics.
Governments of host cities and bid teams love to brag about the legacy of hosting the Games. But the hidden costs of such a massive project is too evident to hide. Such megaprojects require additional employment, as well as subsequent improvement of the pre-existing facilities and public infrastructure. Most of these projects are fraught with costs overruns, shoddy work and a lack of long term vision.
According to a study conducted at the prestigious Oxford University In England, by Danish geographer Bent Flyvbjerg and American journalist Allison Stewart, which looked into the individual economic parameters of hosting the Summer Olympic Games between 1960 and 2012. The findings were astonishing, they found out that the Olympic Games overrun the initial cost estimate with 100 per cent consistency. No other megaproject is this consistent regarding cost overruns.
Athens, in particular, seems to have been the tipping point. The city pridefully hosted the Games in 2004, which ended up costing them €9 billion (a whopping $11 billion at today's exchange rate). The offset of the Games was in disguise the onset of Greece's tumultuous years. The country now is in total disarray, with sky-high unemployment rates, failing economic apparatus, record levels of homelessness, all among the grandiose venues built for the Games.
The conclusion is simple, hosting the Olympics is an extravagant affair. If not planned properly, it tends to result in a severe economic crisis for the host city. If the host city lacks facilities and public infrastructure to support the excess crowds pouring in, not hosting the Olympics may be the best option.
Indian wrestler Ravi Kumar (57kg) and Deepak Punia (86kg) enjoyed fruitful outings at the Tokyo Olympic Games as they secured semifinal berths in their respective weight categories at the Makuhari Messe on Wednesday.
On the opening day of the wrestling competition, Ravi Kumar defeated Bulgaria's Georgi Vangelov 14-4 on technical superiority to reach the last-four in the men's 57kg category, while compatriot Deepak Punia overcame China's Zushen Lin 6-3 on points to advance to the semifinals.
Ravi Kumar will take on Nurislam Sanayev of Kazakhstan in the last-four, while Punia will be up against David Morris Taylor of the USA.
Earlier, Ravi Kumar had won his opening-round bout by technical superiority against Colombia's Oscar Tigreros to secure a quarterfinal spot. Competing in the Round-of-16 bout against the Colombian wrestler, the 23-year-old Ravi Kumar, who is making his Olympic debut, showed no nerves as he dominated the bout to win by technical superiority (13-2).
Ravi Kumar landed attack after attack and went 13-2 up, winning the bout by technical superiority with minutes to spare. In wrestling, building up a 10-point lead over the opponent results in a victory by technical superiority.
India's 86kg freestyle wrestler Deepak Punia showed no signs of the niggle that had forced him to pull out of the Poland Open Ranking Series in Warsaw in June, as he defeated Nigeria's Ekerekeme Agiomor on technical superiority to secure a quarterfinal berth.
He got his Olympic campaign to a fine start as he was in control from the start of the bout and hardly ever allowed his Nigerian opponent any room to maneuver his moves, finally winning with a 12-1 on technical superiority.
Punia, who had also suffered an elbow injury just before the Games, was slow at the start but came into his own as the bout progressed, inflicting takedowns at regular intervals to earn points.
The Indian wrestler eased into a 4-1 lead at the break and extended his lead comfortably in the second period.
Punia, the silver medallist from the 2019 world wrestling championships, then set up a clash with China's Lin Zushen in the quarterfinals and defeated him 6-3.