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Rangasthalam – How Amazon rescued Mythri

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Ram Charan’s next titled Rangasthalam 1985 is directed by Sukumar and is in final stages of shoot. The film has been initially announced for Dasara release this year but the delay in the shoot pushed the film’s release date. The entire shoot of Rangasthalam 1985 is expected to be wrapped up by the end of December and with huge delay, the budget increased by Rs 20 crores.

With the movie’s release delayed by over seven months, the makers had to pay interests worth Rs 20 crores informed a close source. However it is during this time, the makers have been approached by Amazon Prime Video for the digital rights of Rangasthalam 1985. The movie’s digital rights have been acquired by Amazon for a record price of 2.6 million USD (Rs 17 crores). This is quite huge for a Telugu film and Mythri Movies Makers are a relaxed team now.

The movie has been carrying huge buzz and the theatrical rights of Rangasthalam 1985 have been sold for decent prices across all the territories. Samantha is the female lead and Devi Sri Prasad composed the music. Rangasthalam 1985 is slated for March 2018 release during summer.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Will Amazon digital rights cannibalize theatrical revenue?

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In olden days, producers used to get major revenues from theatrical run and a little more from audio rights. But later so many other sources of income have been evolved like – TV satellite rights and digital rights. Until recently these digital rights were a small portion but now this also has become as big as dubbing or remake rights. But there is a catch here and if producers do not understand the consequences, in long run it will hurt the very existence of cinema industry.

Nagarjuna – Samantha starrer “Raju gari gadhi2” is releasing within 1 month of release through Amazon. If more movies are screened this way, audience might just wait and watch on Amazon. Of course, this depends on how the deal is structured. To make little more money, producers signing the contacts to screen digitally in a week too. Amazon also will pay more money to producers if they are allowed to screen as soon as possible after the release. So producers are thinking, as the theatrical run is already over (nowadays theatrical run is almost over within 2-3 weeks after the release of the movie), we can get the best deal from Amazon and allow them to screen whenever they want.

But in long term this will have a huge blow on movie ecosystem. Audience who understand that movie can be watched within couple of weeks after release, they may get habituated to watch in Amazon and that will have a huge impact on theatrical revenue of the movie, which is still the number one source for any movie. TFI has to meet and agree on minimum number of days after which movie can be screened digitally or on satellite for the benefit of the industry in long run.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

SyeRaa gets a sensational deal from Amazon

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SyeRaa gets a sensational deal from Amazon

Even before the regular shooting has commenced, Megastar Chiranjeevi’s SyeRaa is turning out to be a red hot product in trade circles. The magnum opus, which is going to boast an ensemble cast and to be made as a multilingual film, has reportedly got a mind blowing offer from Amazon.

Telugu360 has exclusively learnt that ‘Amazon India’ has come forward with an irresistible deal for the digital rights of SyeRaa. They have approached the producers for exclusive rights pertaining to the visual content like making videos, teasers and trailers etc. However, SyeRaa producers are yet to take a call on this deal.

The hype surrounding the project and the presence of renowned cast and technical team seem to be one of the reasons why Amazon is eyeing its digital rights.

Chiranjeevi’s son Ram Charan is one of the producers for this project which will be made on a staggering budget by filmmaker Surrender Reddy.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Amazon searches for second headquarters in North America

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Online retailer Amazon said that it plans to open a second company headquarters in North America, which will be a full equal to its Seattle headquarters.

The company plans to invest more than $5 billion in construction and expects the second headquarters to create as many as 50,000 high-paying jobs, it said on Thursday.

In choosing the location, Amazon said it has a preference for metropolitan areas with more than one million people, a stable and business-friendly environment, urban or suburban locations with the potential to attract and retain strong technical talent, and communities that think big and creatively when considering locations and real estate options, Xinhua news agency reported.

The company added that the location does not have to be an urban or downtown campus; a similar layout to Amazon’s Seattle campus; or a development-prepped site.

“Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We’re excited to find a second home,” Jeff Bezos, Amazon founder and CEO, said in a statement.

Amazon estimates that its investments in Seattle from 2010 through 2016 resulted in an additional $38 billion to the city’s economy.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Doubling content that Indians like is Amazon Prime Video formula

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Creating or finding content that caters to different languages, different age groups and different regions is a challenge — but is also a “cool thing”, say top executives of Amazon Prime Video.

While finding content to meet the need of a “broad range of customers” is tricky, James Farrell, Head of Content, Prime Video, Asia Pacific, and Vijay Subramaniam, Director, Content, Amazon Prime Video India, say they have started to identify what works in the Indian market, and are “doubling that”.

Their formula: Double the hits and skip the rest.

Since launching its video-on-demand service in December last year, every decision pertaining to the market here has been a litmus test for the Amazon Prime Video India. For the executives, the diversity of the country has turned out to be a “cool thing” as well as a challenge.

“The cool thing about being part of Amazon as well as the heaviest obligation is that we have so many different customers around the country… Different languages, different age groups, different gender — and they don’t like the same type of content,” Farrell told IANS over phone from Mumbai.

He said they have tried to make the platform a vessel for different Indian stories.

“The main challenge before we launched was on the content side: About what type of content people want to see. There are so many options — original content, reality, comedy and documentary. So, we started with a little bit of everything and now we are seeing what works,” added Farrell.

Asked how the challenges have changed in the last over six months, Subramaniam said: “It is really very early days for us to think about it. I think we have got a lot of distance to cover… We’re beginning to see what content is more preferred and starting to double down on that.”

The platform offers foreign content in terms of TV shows as well as films, stand-up comedy specials and has planned 18 originals in the fiction category. Patrons can access the content on their mobile phones or laptops at Rs 499 a year.

For the first scripted show, the officials placed their bet on a story of cricket and all the politics and business involved outside the field through “Inside Edge”, starring Angad Bedi, Richa Chadha and Vivek Oberoi.

Now, they have taken their first step towards tapping into the ever-popular reality TV genre in India. Last month, the platform announced it will be create “multiple unscripted Originals” (reality shows) for India.

The line-up comes to life with three new reality shows — “Destination Unknown”, “Comic Kaun” and “The Remix”. The shows will premiere in the first quarter next year.

Farrell says they are studying the Indian market with care, and taking notes to help them establish themselves.

“Salman Khan is a key partner of (one of our) initiatives. He is hugely popular in these areas (tier 2 and tier 3 cities)… (The partnership) is not only to make his films available to those customers but super early even before they go live on TV,” Farrell said while explaining one point from his case study.

The competition is hot among all the streaming services, with Netflix coming out with several shows with Indian talent on board.

Reflecting on that, Farrell said: “There are different ways to watch content and Indian consumers are responding to that. Everybody has got pretty unique business models.”

For the future, Farrell says they will “keep learning and (making) good investments”.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

AP, TS and 4other states to have new Amazon warehouses

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Amazon’s new move to add seven new warehouses in India will create 4000jobs both temporary and permanent. The US-based firm which is assertively expanding its base in the country will have 41 warehouses by the end of June2017.

The Fulfilment Centres (FCs) or warehouses will be setup in Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh, Uttar Pradesh and Haryana.

Compared to last year, the new FCs will have double storage capacity. Amazon is unceasingly investing in strengthening its infrastructure and technology in the country.

To cater to its larger appliances and furniture category, the e-commerce giant in april had announced setting up seven warehouses. Amazon India Customer Fulfilment Vice President Akhil Saxena said that a total of 14 FCs will be added taking the total to 41 FCs.

Amazon.in which is one of the fastest growing marketplace in India is rapidly expanding to tier II and III cities.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

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