Wednesday, June 30, 2021

SEC appoints New Jersey Attorney General as director of enforcement

The SEC has appointed New Jersey Attorney General Gurbir S. Grewal as the Director of the Division of Enforcement.



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Rosamund Pike starrer fantasy series The Wheel Of Time to premiere on Amazon Prime Video in 2021

Rosamund Pike starrer fantasy series The Wheel Of Time is heading to digital for the premiere on Amazon Prime Video in 2021.

Rosamund Pike starrer fantasy series The Wheel Of Time to premiere on Amazon Prime Video in 2021

Based on Robert Jordan’s The Wheel of Time fantasy novel series, the Amazon Studios series is all set for a 2021 release. The series that has already been greenlit for a second season, follows Moiraine (Rosamund Pike), a member of the powerful, all-woman organization of channelers (magic users) called the Aes Sedai, who takes a group of five young people from their home village following an attack by the forces of the Dark One, an evil entity who seeks to destroy the Pattern (Existence). Among these five, she believes one might be the reincarnation of the Dragon, an ancient hero and powerful channeler who is prophesied either to save the world or destroy it.

 

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Also starring Daniel Henney as Lan Mandragoran, Josha Stradowski as Rand al'Thor, Marcus Rutherford, Zoƫ Robins, Barney Harris, and Madeleine Madden, The Wheel of Time is executive produced and written by Rafe Judkins.



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Scam 1992 and The Family Man star Shreya Dhanwanthary to play a crucial role in Taapsee Pannu-Tahir Raj Bhasin’s Looop Lapeta

Shreya Dhanwanthary will be seen in an important role in the forthcoming Taapsee Pannu-Tahir Raj Bhasin starrer Looop Lapeta. She becomes a household name recently after both her series Scam 1992 and The Family Man became runaway hits. The makers were looking for a popular and strong actor to match up to Taapsee and Tahir (who play Savi and Satya respectively), and Shreya, who has worked with Ellipsis previously, was the instant choice for the part of Julia in the new-age millennial film.

Scam 1992 and The Family Man star Shreya Dhanwanthary to play a crucial role in Taapsee Pannu-Tahir Raj Bhasin’s Looop Lapeta

"There were many reasons for me to take up the film. The part offered to me was so delicious I couldn’t say no. I took my first steps with Tanuj and Atul from Ellipsis. The title is so loopy. And because I am always itching to try something new and crazy, which is what Looop Lapeta is! I've watched the original! Boy, Franka Potente can run!" says Shreya Dhanwanthary.

Looop Lapeta, produced by Sony Pictures Films India, Ellipsis Entertainment, and Aayush Maheshwari, and directed by Aakash Bhatia is scheduled to release this year.

ALSO READ: “Why are bans so freely demanded and given?”- questions The Family Man 2 actor Shreya Dhanwanthary amid demand for a ban on the show



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Sonam Kapoor to make her digital debut; Blind opts for a direct to OTT release

With the current pandemic scenario, the digital renaissance has truly begun and some of the biggest names are jumping onto the OTT bandwagon. Sonam Kapoor Ahuja who has not had any release in the past two years, wrapped up work on her next - a thriller produced by Sujoy Ghosh. The project in topic is the Hindi remake of Korean mystery thriller titled Blind.

Sonam Kapoor to make her digital debut; Blind opts for a direct to OTT release

While the film was made for the theatres, we now hear that Sonam's Blind remake will now be a direct to OTT release. Our informer adds, "Sujoy had thought of waiting it out for a theatrical release. He is in fact very happy with how the film has turned out. But given the third wave scare, and another shut down of theatres, he is being advised to not hold onto the movie anymore. He is now talking to three digital streaming companies and he will select the best deal."

A trade guy shares, "Blind will be Sonam's debut on OTT. It is only a logical move to opt for the web because theirs is a small film and they will easily recover the money. Theatrical business is even more dicey at this point. So it's a good call."

Also Read: Sonam Kapoor celebrates three years of Sanju with a beautiful post



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tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’

Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform.



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Messari: USDC set to become ‘dominant’ stablecoin on Ethereum

Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows.



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$22B hedge fund Point72 reportedly searching for a “head of crypto”

Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market.



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Tracer DAO raises $4.5M to launch derivatives for anything ‘with an oracle feed’

Tracer DAO has raised $4.5 million from the likes Framework Ventures, Maven 11, and Apollo Capital.



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Willy Woo: 'Rick Astley' hodlers a key force again and on-chain signals suggest 'recovery'

Those that are never gonna give up BTC are still accumulating according to the analyst.



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Bargain? World Wide Web’s source code NFT sells for $5.4M at Sotheby’s

The source code for the World Wide Web has been sold by the inventor for $5.4 million.



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Celsius users to receive yield from its $200M Bitcoin mining investment

“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky.



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Here's why pro traders expect further downside from Ethereum price

Ethereum's EIP-1559 upgrade is fast approaching, but derivatives data shows traders are less than optimistic about ETH's short-term prospects.



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Crypto miner claims all major Yunnan operations shut down in advance of CCP anniversary

It's unclear if the shutdowns are due to orders passed down from above or the result of China's announced regulatory crackdown on crypto miners.



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House committee reviews cryptocurrency risks, regulations in hearing

A panel of expert witnesses and members of congress discussed the risks and rewards of cryptocurrency in committee Wednesday.



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3 key areas traders are watching as Bitcoin’s monthly close occurs

As the month of June comes to an end, traders are asking the Magic 8-Ball for answers to the question of where Bitcoin's price will go next.



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George Soros’ investment fund is reportedly trading Bitcoin

In addition to trading crypto, Soros Fund Management is said to be in discussion to acquire blockchain-focused firms.



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Ethereum 2.0 approaches 6 million staked ETH milestone

ETH 2.0 now has 10x more staked Ether to power its proof-of-stake mechanism than the Ethereum Foundation required at launch six months ago.



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Price analysis 6/30: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC

Bitcoin and altcoins are witnessing selling near key overhead resistance levels, but a shallow pullback may suggest further upside is in store.



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EXO's D.O. to release his first mini-album on July 26, first teaser photo unveiled 

Following the long-awaited comeback album 'Don’t Fight the Feeling' released on June 7, popular K-pop group EXO member D.O. (Do Kyung-soo) is gearing up for the release of his first solo album later in July.

EXO's D.O. to release his first mini-album on July 26, first teaser photo unveiled 

Unveiling the first teaser photo on June 30 (July 1, midnight KST), D.O. is seen running through the field dressed in a white shirt, tie, denim shorts, and a blazer. While not much is known about the album or the genre, it is easily one of the anticipated solo albums this year.

EXO released their album earlier in June with an accompanying music video, 'Don’t Fight the Feeling' which was futuristic and the sci-fi meets K-pop vibes.

D.O. becomes the sixth member to release his solo work. Chen, Baekhyun, and Xiumin made their debut as CBX with Hey Mama!  Kai dropped his album titled 'KAI (开)'  last year along with the music video 'mmmh'. Earlier in 2020, the group's leader Suho (Self Portrait), Chen (April and a Flower, Dear My Dear) and Lay (Lay 02 Sheep, Namanana, LIT), and Baekhyun (City Lights, Delight, Bambi) have dropped their individual albums. Meanwhile, EXO's sub-unit EXO-SC featuring Chanyeol and Sehun have dropped '1 Billion Views' and made their debut with 'What a Life' in July 2019.

ALSO READ: EXO makes powerful comeback in futuristic music video 'Don't Fight The Feeling' 



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John Abraham joins YRF’s Pathan shoot in Mumbai

Bollywood action star John Abraham, who plays the villain in YRF’s Pathan, has joined the shooting schedule and the fans are rejoicing. John will be shooting his portions with Shah Rukh Khan, who started the schedule last week as Mumbai started to unlock post the second coronavirus wave! Check out his image that has been clicked by a fan at the YRF Studios which proves that the macho action star has resumed his Pathan shoot.

John Abraham joins YRF’s Pathan shoot in Mumbai

A top trade source reveals, “Aditya Chopra and Siddharth Anand is leaving no stone unturned to ensure that Pathan is an action-packed visual extravaganza. Siddharth is currently shooting some really intense and key portions of the film with Shah Rukh Khan and John at YRF Studios. Deepika Padukone will be joining the shoot in the next few days. We expect fireworks in this schedule as SRK and John come face to face for some blockbuster scenes in the film.”

Directed by Siddharth Anand, Pathan is soon set to start its overseas schedule where the crew will shoot some jaw-dropping action sequences.

ALSO READ: Shah Rukh Khan and John Abraham starrer Pathan to have four action directors



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Dipika Kakar exits Sasural Simar Ka 2 in two months - "You do some things in life not for money or materialistic things for your mental satisfaction"

Popular Television actress Dipika Kakar reprised her role as Simar in the drama Sasural Simar Ka 2. The actress joined the cast of the show during March-April 2021 and left the show in just two months. The actress is quite active in her social media and also has a YouTube channel named 'Dipika Ki Duniya'. She keeps posting every bit of her life through her vlogs. In a recent vlog released by the actress, she revealed the reason behind why she adieu the show in just two months.

Dipika Kakar exits Sasural Simar Ka 2 in two months - "You do some things in life not for money or materialistic things for your mental satisfaction"

Dipika said that "My track was this long only. When Rashmi (Sharma, producer) ma’am called me, it was already decided and she was clear with me from day one. She told me that she needs me for around two to two-and-a-half months. I was more than happy to do it.”

She further confessed the reason behind signing the contract for just two months and said, "Whoever I am today, it’s all because of Colors and Sasural Simar Ka. I got the opportunity to pay back, and in life we don’t get this chance often. We need to give it our best, and I gave it my 200 percent, and I am very proud about it."

She also further revealed that she wasn’t taking up any shows but when producer Rashmi Sharma called her for a meeting, she couldn’t turn it down citing it as her duty. Dipika is currently on a break and is enjoying her marital life.

Dipika concluded the video and expressed her emotion towards the show and said, “You do some things in life not for money or materialistic things but for your mental satisfaction or emotional reasons. My emotional reason was that Sasural Simar Ka made me what I am today, it has given me a identity.So now, if I can give back to the makers, I cannot refuse no matter what.”



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Priyanka Chopra looks gorgeous in brown printed dress as she visits Rock and Roll Hall of Fame with Madhu Chopra

Priyanka Chopra is back in New York after spending months in London for the shooting of Text For You movie followed by Russo Brothers’ series, Citadel. She is spending a lot of time working but also with her family. A day ago, she visited visiting the Rock and Roll Hall of Fame with her mother Madhu Chopra and family.

Priyanka Chopra looks gorgeous in brown printed dress as she visits Rock and Roll Hall of Fame with Madhu Chopra

The actress was dressed in a gorgeous brown, cream and white dress with ruffled layers and hem. The full sleeved number with a tie up detail was flowly with a tiny cinch at the waist. She paired it with brown kitten heels, simple make up and her hair in a half up half down up do. Priyanka looked amazing and fresh as ever as she glows with family love! Her mother Madhu Chopra was also seen with her in a knit top that she paired with black shorts and sneakers.

“Thank you @rockhall for giving me and the family such a wonderful time. So amazing to be amongst the greatest ever in Music. Thank you Greg, Shelby, Nwaka and everyone else who made it so smooth. Love u @johnlloydtaylor @divya_jyoti @cavanaughjames,” she captioned the post.

Priyanka Chopra looks gorgeous in brown printed dress as she visits Rock and Roll Hall of Fame with Madhu Chopra

On the work front, Priyanka Chopra wrapped shooting for her upcoming film Text For You starring Sam Heughan, Celine Dion, Russel Tovey, Steve Oram and Omid Djalilli. She also has been working on Amazon Prime's spy series Citadel. Other projects include a rom com with Mindy Kaling, a biopic on Ma Anand Sheela, The Matrix 4, an unscripted Amazon series tentatively called Sangeet which she and her husband Nick Jonas will produce.

Also Read: Priyanka Chopra steps out in all-white outfit with thigh-high slit skirt worth Rs. 37,523 as she attends Pride Parade in New York



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“Having Masaba was the best decision of my life” - Neena Gupta

On November 2, 1989, actress Neena Gupta gave birth to her daughter Masaba whose father the legendary West Indian cricketer Vivian Richards was not married to Neena. By becoming a single mother, Neena sent shock waves across the conservative corridors of the Indian entertainment industry.

“Having Masaba was the best decision of my life” - Neena Gupta

Looking back the Badhaai Ho actress has no regrets about her decision. However she wishes Masaba had a father at home to share Neena’s parenting responsibilities. “Having Msabaa is the best decision of my life. But if I had to live my life again I’d want to have a family and a husband to support my parenthood. I’d want the child’s father with me. Not so far away.”

However Neena is thankful for her daughter. “What I’ve got is most precious, Sure, I made sacrifices. But it’s all worth it. Masaba is the best thing to happen to my life.”

In an interview with me in 2008 when Neena got married to Delhi-based Vivek Mehra, she had said to me, “Much as I'm thrilled with the new developments in my life, Masaba is my top concern. She always will be. I can't leave her alone in Mumbai where she is studying fashion designing. So I guess I'll be shuttling between Delhi and Mumbai. You see, at the end of the day it’s just me for Masaba. So I can’t afford to slip up.”

Also Read: Neena Gupta recalls reading an unbelievable report of her working as a salesgirl in a carpet shop



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Tuesday, June 29, 2021

World Social Media Day: Ananya Panday launches 'Social Media For Social Good' campaign as part of her DSR So Positive

Two years ago Ananya Panday launched So Positive, an initiative that took into cognizance cyber-bullying and the gravitas of it, and today, the actress has launched Social Media For Social Good. This campaign focuses more on the importance of keeping social platforms positive and healthy.

World Social Media Day: Ananya Panday launches 'Social Media For Social Good' campaign as part of her DSR So Positive

Ananya Panday took to her social media to share, "We often talk about the negative side of social media - the bullying, trolling and hatred. During the pandemic, I saw the power of people on social media- the humanity. Strangers helping strangers, sharing resources and information, saving lives. It reinforced my belief in kindness, compassion and empathy. ‘Social media for Social good’ is a series in which I’m going to be talking to some of the ‘Heroes’ of social media who have used it positively and constructively for the good of society! Social media can be a kinder place - let’s all do our part in making sure that happens! @sopositivedsr #SocialMediaForSocialGood."

 

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The actress shared, "Hi guys. Hope y'all are doing well and taking all the necessary precautions. I want to applaud all those people who've used social media constructively for social good. By using social media responsibly you all empowered yourselves to deal with the pandemic crisis, overcome situations and help the needy and affected in every way possible. People have helped arrange hospital beds, oxygen cylinders. Some were giving out vaccine related information while the others helped the strays, the list is endless. I'll be interacting with some of these these social media heroes with So Positive's new series #SocialMediaForSocialGood. Discussing the massive impact social media heroes have made when they use social media positively, for the good of society and to help other. Let's continue to use social media for social good. Let social media be a revolution of hope, health and happiness always."

So Positive was initiated by the actress to build a community, raise awareness about social media bullying. Realising that social media was the backbone of help and was life saving during the medical emergency when other institutions failed, this new campaign launched by the young actress propagates the aim to use social media for the greater good of society. An initiative that is thought-provoking, it is for us to think that when social media is used constructively there is so much good that can happen to everyone in society. Ananya is going to celebrate all the heroes of social media who have used it for social welfare.

The actress will be giving shoutouts as well as interact with them and multiple other things through this campaign series.

ALSO READ: Ishaan Khatter shares childhood picture of Ananya Panday and reveals that she is his favourite Yoga partner



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Dongri to Dubai, Farhan Akhtar's series on Dawood Ibrahim, to resume shooting after monsoon?

Farhan Akhtar and Ritesh Sidhwani’s production venture Dongri To Dubai will chronicle the life of underworld don Dawood Ibrahim and adapted from Hussain Zaidi’s book "Dongri to Dubai: Six Decades" of the Mumbai Mafia, has been constantly hitting the roadblock since the time the shooting began.

Dongri to Dubai, Farhan Akhtar's series on Dawood Ibrahim, to resume shooting after monsoon?

Featuring Avinash Tiwary, Kay Kay Menon, Jitin Gulati, Amyra Dastur, and Kritika Kamra and directed by Shujaat Saudagar, the show went on the floor just before the pandemic wreaked havoc. In mid-May 2020 the show’s set at Madh island Mumbai was demolished as it was unused during the lockdown period. The makers finally reconstructed the set in January 2021, seven months after they pulled it down due to a pandemic. But in March, the director tested positive for Coronavirus forcing the entire cast and crew to go under isolation.

It is now heard that the shooting will begin only after the monsoons. A source reveals, “The set which was dismantled at Madh island was rebuilt at the same place in January and it still remains. Around 40 days of shooting are remaining which will be shot only after the rainy season. Despite the permission given by the Maharashtra government to resume shooting by following the SOP (standard operating procedures), the makers have decided to wait and watch as they do not want to take any chances this time around and stall the shooting again."

The source further reveals that there are some really crucial sequences that remain to be shot, “These are important scenes which were kept on hold. There are some crowd sequences that need to be shot which are being planned as the makers do not want anyone to contract the virus again. There is also a segment of Dubai that is remaining. The makers are contemplating whether to shoot it here or take a limited crew to Dubai and shoot it there."

ALSO READ: Only 18 days to go for the release of Farhan Akhtar’s Toofaan and no signs of any promotions as yet



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No OTT for Vijay Deverakonda’s Hindi debut

There is a buzz in Bollywood’s corridors that Karan Johar and Dharma Productions are negotiating with a major OTT platform for the streaming rights of Liger, Vijay Deverekonda’s Bollywood debut film.

No OTT for Vijay Deverakonda’s Hindi debut

False! A source very close to the development told me.

“There is no way Vijay’s debut will go digital. Karan Johar has made the Telugu star a promise that his Bollywood debut would be no less than spectacular. Liger would release only in theatres and on the same level and volume of theatres and screens as Akshay Kumar’s Sooryavanshi,” a source close to Karan Johar informs me.

It’s not as though Karan Johar is opposed to digital releases. “He is all for it. But content for OTT from Dharma would be very different from the big-screen projects. So no, Liger won’t be released on the streaming platforms although the amount being offered by the digital platform is what a Shah Rukh Khan or Salman Khan film would normally get.”

In Liger, Deverakonda turns into a full-fledged action star. He plays a mixed martial artiste who is out to avenge the wrong done to his family.

Also Read: Vijay Deverakonda says Liger will collect more than Rs. 200 crores at the box office while busting rumours of its OTT release



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Bellbottom can be another Rs. 100 crore grosser for Akshay Kumar, feels trade; but terms and conditions apply

The release of the much awaited film, Bellbottom, is less than a month away. Two weeks ago, the makers of the Akshay Kumar starrer announced that the action thriller would release in cinemas on July 27. The announcement happened at a time when the Covid-19 cases were steadily reducing. The Maharashtra government had announced that those cities and districts that fall under Level 1 and Level 2 will be permitted to open cinemas. Other states too seemed to be relaxing restrictions. Hence, it was expected that almost everything will open up by July 27. Sadly, in the last 10 days, the news surrounding the Delta Plus variant has made the governments cautious. The Maharashtra government has done away with Level 1 and Level 2 and reintroduced certain curbs. The trade, industry and fans are now wondering if enough cinemas would be open by July 27 to release Bellbottom.

Possible box office outcome of Bellbottom

We asked trade experts what they feel about its potential at the box office, provided all cinemas are open across India, at 50% occupancy. Akshaye Rathi, film exhibitor and distributor, says, “If all India is open at 50% occupancy and every screen where it deserves to be played plays the film, then I think the scope is terrific. Subject to the film releasing across all theatres and how the film is, Bellbottom certainly has the potential to do over Rs. 100 crore.”

Girish Johar, producer and film business analyst, in agreement, says, “If all India opens at 50% and the situation is a bit more normal, then it definitely has the potential to do another century for Akshay Kumar. Bellbottom after all is looking very promising, sleek and upmarket-ish.”

Trade analyst Atul Mohan observes, “It’s a big film, starring Akshay Kumar. His last film Laxmii (2020) continues to get good numbers on satellite. Bellbottom, moreover, gives a feel of Airlift (2016) and Baby (2015), and Akshay hasn’t been in this space for sometime. And it should be patriotic. And down South, we saw how some films worked big time recently. Toh log Bellbottom dekhne jaa sakte hai.”

At present, cinemas are permitted to open in Gujarat, Telangana, Andhra Pradesh, Punjab and Haryana. Assuming theatres are open only in these states on July 27, will it be feasible to release Bellbottom? Trade analyst Taran Adarsh says, “If Mumbai and its suburbs are not open, how would they release the film? It’ll be difficult.” Akshaye Rathi also agrees, “Business will be limited if the prevailing situation continues.”

Mumbai, Delhi-NCR and Uttar Pradesh: huge contributors to the domestic box office

Mumbai and its satellite cities along with Delhi-NCR and Uttar Pradesh contribute a major chunk of business in today’s times. And these regions aren’t open yet. Akshaye Rathi remarks, “Mumbai, Delhi, Uttar Pradesh and East Punjab in all contribute 50%.” Taran Adarsh meanwhile estimates that “almost 60% of business comes from Mumbai and its satellite cities, Pune and Delhi-NCR. Delhi-NCR belt is a huge contributor because of the density of multiplexes. The business gets curtailed if these two territories don’t open. Then the producers will have to rethink. They perhaps are planning what to do next or perhaps, they’ll be clueless. The question will be best answered by them.”

Girish Johar also confirms that these places contribute massively. Atul Mohan states, “Mumbai, Delhi-NCR and UP are the biggest markets. The rest of the states contribute but not much. The maximum business happens in Mumbai, Delhi and Uttar Pradesh. And if this belt is not open, toh fir release karke matlab hi nahi banta.” Girish Johar adds, “If cinemas in Maharashtra, Delhi, Uttar Pradesh, Punjab, Haryana are not open, then the business will be severely affected.”

Will multiplexes agree to the OTT window rule?

The other challenge in front of Bellbottom makers is to convince exhibitors to let them arrive early on Amazon Prime. Pre-pandemic, the multiplex chains were adamant that producers can release their films on OTT only 8 weeks after theatrical release. Off late, they have softened their stand and allowed Roohi (2021) to release on Netflix within 4 weeks. Even Mumbai Saga (2021) and Saina (2021) arrived early. But in the case of Bellbottom, there are reports that the makers want to arrive early, within 20 days on OTT. This decision hasn’t gone down well with the multiplex chains.

On this, Akshaye Rathi opines, “There has not been any united call taken by any exhibition sector. Each cinema and each multiplex chain will decide on its own, whether they are okay with a shorter window than normal. If that’s the case, it needs to be seen what kind of benefit in commercial terms is being offered to the exhibitors etc. If the producers are expecting something exceptional after the way cinemas have bled, then some incentive would also have to be provided to the exhibitors. The exhibition sector needs to set the right precedent and not give in to any irrational demands.”

Girish Johar states, “It’s a catch 22 situation. The makers have unveiled the release date. The hope is that the four-week window between theatrical and OTT is not breached. The moment it is breached, every producer would demand the same. It’s a very difficult situation honestly for cinemas because if they open, they’ll need to decide whether or not to play or whether they should stick to their stand.”

Taran Adarsh says, “Ideally, there should be a sufficient gap. The multiplexes and the producers will need to sit across the table and sort it out. A 2 or 3-week gap between theatrical and digital holds no value. Why would viewers spend money in a cinema hall when they have a subscription to a particular OTT platform and they know the film will be out on it in a fortnight or 20 days? So if the gap is sufficient, then I think that it’ll be a win-win situation for the producers, exhibitors and also for the OTT platform.” He adds, “I think 4 weeks is the minimum gap.”

Girish Johar also agrees that “the business will be affected if it comes on OTT within 4 weeks.” He exults, “The situation needs to be analysed first. Will Bellbottom be allowed to have a 1500-2000 screen release? Or are the makers getting to release only in say 30, or 40 or 50 screens due to Covid restrictions in most parts of India? For the latter situation, the multiplexes would rather not play the film as it won’t be practical. This will also give them a chance to show the world that they are sticking to their four-week rule. But if Bellbottom manages to get a wide release and a chain like PVR can release it in 500 screens, then the multiplex owner would think ‘Chalo film laga dete hai. At least mera business roll toh ho raha hai. Kuch log toh aa rahe hai’. They might remove the shows once it’s out on digital.”

Atul Mohan meanwhile says, “The multiplexes need to change with the times. The need of the hour is such that they need to relax the window. Those who want to see the film would not wait for the OTT premiere and instead, rush to watch it in cinemas. Those who are not interested would anyway watch the film whenever it arrives on digital. So theatrically, Bellbottom can still do well.”

Bellbottom can be another Rs. 100 crore grosser for Akshay Kumar, feels trade; but terms and conditions apply

Should Bellbottom release on July 27?

Amidst the uncertainty, is it fair for Bellbottom to release on July 27? Or should it be pushed ahead? Akshaye Rathi says, “Right now, all we can do is hope and pray for the best. There’s a degree of uncertainty because of the Delta Plus variant. I am hopeful, especially after reading about studies that the two vaccines available in India – Covishield and Covaxin – are effective against the variant. So hopefully, things will be under control and businesses should resume soon.”

Taran Adarsh tells, “I am sure the producer must be wondering what steps they take - whether they should postpone or stick to the date. I am sure there’ll be clarity in this regard by the first week of July. But when you have announced that your film is going to release on July 27, then you have to begin your promotions. But how do you do that? Should they begin and then stop, in case things don’t go as planned as it happened in the case of Sooryavanshi last year and even Thalaivi in the recent past? So it’s a wait and watch situation right now as to how things unfold in July.”

Girish Johar states, “It all depends on the pace of vaccination. Maharashtra has been at the forefront as it has vaccinated more than 3 crore people. It also depends on consumer confidence. The problem is that ICMR guidelines are quite strict when it comes to indoor activities in air-conditioned environments. That’s why the state governments are allowing cinema halls at the very last to restart.” As for Atul Mohan, he says, “The situation is critical. If the cases increase, then it’ll be difficult for the film to make it to cinemas.”

The future won’t be as gloomy

However, the trade experts feel that things are sure to get better for the cinema business. Akshaye Rathi makes an observation, “Just today I was out at a restaurant. The number of people out there clearly showed the pent up demand among consumers, for any and every avenue of outdoor recreation. It has given me a lot of confidence that when cinemas do open up and a big-ticket film releases, people will throng to the theatres, thus ensuring good numbers at the box office. It’s only a matter of time. Once the whole scenario around the third wave and Delta Plus variant settles and big-ticket movies start releasing, there will be a storm at the box office.”

Girish Johar specifically speaks about Bellbottom, “They can score overseas. It seems to be an overseas friendly film as its look is that of a high-end film. And the foreign markets in the USA, UAE, United Kingdom, Australia, New Zealand etc are open. So Bellbottom has an advantage. And hopefully, if Delhi and Mumbai open up by July 27, fir toh makers ke liye sone pe suhaga ho jaayega.” Taran Adarsh also admitted that looking at overseas business, one can hope that things will improve in India in the future.

Atul Mohan signs off with a very interesting argument, “Compared to last year, the situation is a little better now due to the vaccination. People are slowly getting used to going out to public places. However, the fear is still there, especially over going to cinemas. Cinema kahin na kahin culprit lagne laga hai. Restaurants are riskier as you are touching the plates and cutlery served to you by the staff. In cinemas, you can walk in using contactless technology, sit on your seat, watch the film and leave. In restaurants, you are even removing your mask. Andar se kaun kaise khaana prepare kar ke la raha hai, iske baare mein kisi ko koi idea nahi hai. I am not trying to defame the F&B industry but it’s important to draw comparisons. The way cinemas have been treated, it is giving out an impression that theatres bahut khatarnaak jagah hai.

Also Read: Sooryavanshi and Bell Bottom to clash on Independence Day? Akshay Kumar responds



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Akshay Kumar and Bell Bottom team gets an offer of additional Rs. 30 crores from Amazon Prime Video for an early OTT premiere

Bollywood Hungama had exclusively informed our readers that Akshay Kumar and the team of Bell Bottom have decided to opt for an early premiere on Amazon Prime Video. In our scoop, we revealed that Bell Bottom will premiere on the digital world within 3 weeks of its release date in the theatres. The newsbreak created a stir in the trade and as expected the multiplex association decided to revolt against the strategy of early OTT premiere.

Akshay Kumar and Bell Bottom team gets an offer of additional Rs. 30 crores from Amazon Prime Video for an early OTT premiere

According to trade sources, the multiplex owners had decided to raise their concerns on the premiere in such a short timeframe on OTT. And now we have another scoop. A highly placed source has informed us that the team of Bell Bottom has received an offer of a premium pricing from Amazon Prime Video if they decide on an early premiere. "If the film premieres within 3 weeks of release, Amazon Prime Video will pay the Bell Bottom team an additional Rs. 30 crores over and above their signed deal [the conventional premiere pattern of 6 to 8 weeks]," the source informed Bollywood Hungama.

This is a big amount for the team of Bell Bottom, as the theatrical revenues are expected to be low given the pandemic scenario. It's the magnitude of money that's too lucrative for them to reject and hence, they have more or less zeroed in on this release plan. As it is, the film would do miniscule business post the 2 week run given the current pandemic. So it's better to grab the additional Rs. 30 crores and make it a win and win scenario for producers. Even exhibitors would get some fresh content to screen," the source explained.

While through this, the producers are in the plus making profits, the exhibition sector is divided as everyone in the industry is discounting the fact that the exhibition sector has been the worst hit in the pandemic. "While it's a profitable move for producers, the exhibitors might lose out on the audience. Why would anyone risk to watch a film in theatres if it's available for free in less than 20 days? The single screens are bleeding and such a move will hamper their business further in the longer run. Short OTT window would mean faster death of single screens, as it would open up another avenue for producers to mint money. Today, it's Bell Bottom, tomorrow, it could be anyone else."

Also Read: Multiplex Associations at loggerheads with the producers of Akshay Kumar’s Bell Bottom over digital release plan



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CoinMarketCap launches Ethereum token swaps powered by Uniswap

CoinMarketCap has launched a token swap feature via integration with Uniswap, and has hinted at supporting additional DEXs and networks in the future.



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HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain

HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology.



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Mandira Bedi's husband Raj Kaushal passes away due to heart attack 

Actor and presenter Mandira Bedi, popularly known for her performance in Dilwale Dulhania Le Jayenge, has met with tragic news. The actress' husband Raj Kaushal breathed his last on June 30 as he succumbed to a heart attack.

Mandira Bedi's husband Raj Kaushal passes away due to heart attack 

Director Onir, who worked with Raj Kaushal on My Brother… Nikhil, informed everyone about this tragic news. Sharing a picture of Kaushal, Onir tweeted, “Gone too soon. We lost Film maker and Producer @rajkaushal1 this morning. Very Sad. He was one of the producers of my first film #MyBrotherNikhil. One of those few who believed in our vision and supported us. Prayers for his soul."

Raj Kaushal directed three films in his career including Anthony Kaun Hai (2006), Shaadi Ka Laddoo (2004), and Pyaar Mein Kabhi Kabhi (1999). He also co-produced My Brother… Nikhil (2005), Shaadi Ka Laddoo (2004), and Pyaar Mein Kabhi Kabhi (1999).

Mandira Bedi tied the knot with Raj Kaushal on 14 February 1999. The couple welcomed their first child, a baby boy Vir, in June 20211. In October 2020, they adopted a girl of 4 years and named her Tara Bedi Kaushal.

ALSO READ: Mandira Bedi gives fitness inspiration; does 10 headstands in her latest workout video



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Senator Cynthia Lummis backs crypto for US retirement plans

Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans.



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Coinbase reveals plans for crypto app store amid global refocus

Coinbase is looking to bolster its global presence, announcing it will focus on launching new products “in most countries by default” moving forward, including a crypto app store.



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UK’s NatWest bank limits transactions to crypto exchanges

NatWest and other U.K. high street banks have ramped crypto curbs amid recent regulatory pressure on the sector.



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Driving ‘purists beserk’: Co-chair of blockchain caucus wants to 'reverse' crypto transactions

Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks.



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China crackdown shows industrial Bitcoin mining a problem for decentralization

The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation.



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'We don't have much time left' to regulate crypto, says Bank of France governor

"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau.



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Coinbase will pay users 4% interest on USDC holdings

The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June.



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Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

Regulators in Japan, the United Kingdom and the Canadian province of Ontario have all tightened their grip on cryptocurrency exchanges. Binance has been caught in the crosshairs.



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Bulls are back, but regulatory fears hamper the DeFi and altcoin recovery

Bitcoin is staging a comeback, but the lingering threat of regulation continues to weigh on DeFi tokens and select altcoins.



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Altcoins bag double-digit gains as Bitcoin price approaches $37,000

MATIC, SUSHI and CAKE soar after Bitcoin bulls finally press the price above the $35,000 resistance.



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Crypto.com announces global partnership with Formula 1

The exchange said it will become the racing series’ official cryptocurrency sponsor and NFT partner, hinting at a crypto-themed award for one of the events.



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Sidharth Malhotra to resume the shoot of Thank God; says he was looking forward to the hustle bustle of film shoots

With the new rules set by the government to control the second wave of the coronavirus pandemic, a lot of film shoots are now getting back on track. Sidharth Malhotra who went to Lucknow for the shoot of Mission Majnu and shot for Indra Kumar's Thank God before the second lockdown is again back on set.

Sidharth Malhotra to resume the shoot of Thank God; says he was looking forward to the hustle bustle of film shoots

The actor went back to a set after a couple of months on Monday in Mumbai and will resume the shoot of his upcoming film, Thank God in July. Humbled by being able to shoot again, actor Sidharth Malhotra shares, "It's been a long wait and I have been looking forward to getting back to the hustle-bustle of film shoots. Elated to shoot again and see the happy & creative flow of energy that was truly missed."

The actor has ensured that his fans are entertained with very interesting and diverse stories and characters. The actor's list has a war-action drama - Shershaah, a slice of life comedy - Thank God and Spy thriller - Mission Majnu.

ALSO READ: Sidharth Malhotra – the actor with a blockbuster playlist



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Hrithik Roshan posts jaw-dropping shirtless pictures flaunting his chiselled physique; ex wife Sussanne Khan says ‘you look 21’

Bollywood's handsome hunk Hrithik Roshan on Monday took to his Instagram and shared a shirtless picture of himself. The actor was seen flaunting his chiselled body while carrying a tanned look.

Hrithik Roshan posts jaw-dropping shirtless pictures flaunting his chiselled physique; ex wife Sussanne Khan says ‘you look 21’

The post has garnered the attention of millions of netizens and fans are going gaga over his physique and his handsome looks. The actor completed his look with a pair of stylish glasses, a think scarf, a chain pendant and a cap. Sharing the post, the actor wrote in his caption, “Good catch.”

 

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A post shared by Hrithik Roshan (@hrithikroshan)


As soon as Hrithik posted the picture, his ex-wife Sussanne Khan complimented her ex-husband saying , “You look 21.” Anil Kapoor wrote, “Constantly raising the bar.” Abhishek Bachchan commented with a flexed arm emoji and Tiger Shroff commented, “Baap.”

A few days ago, Hrithik also shared a promotional video of his apparel brand wherein he also flaunted his chiselled figure and perfect abs. Sharing the jaw-dropping video, the actor wrote, “Come sun, rain or pain.. Keep going.”

 

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A post shared by Hrithik Roshan (@hrithikroshan)


On the work front, Hrithik Roshan will star in Siddharth Anand’s next with Deepika Padukone.

Also Read: Viacom 18 comes on board as studio partner for Hrithik Roshan and Deepika Padukone starrer Fighter



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Sara Ali Khan and Tara Sutaria's pastel athleisure outfits should be added in your activewear closet

Bollywood actresses Sara Ali Khan and Tara Sutaria are donning some very pastel shades for their workout routine. For a collaboration shoot with Power, a workout app, both the actresses were seen posing and motivating their fans to follow a healthy lifestyle. Both the actresses were seen in pastel athleisure sets.

Sara Ali Khan and Tara Sutaria's pastel athleisure outfits should be added in your activewear closet

On Monday, Sara Ali Khan posed in a pastel green active wear which featured a pastel green crop top which she adorned with matching leggings. She wore white sneakers. She opted for minimal makeup with nude lips and hair all tied in a top bun as she posed for photos.

 

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A post shared by Sara Ali Khan (@saraalikhan95)

On the other hand, Tara Sutaria was also seen in a similar outfit with different shade. The Marjaavan actress was seen donning all pastel pink athleisure set with matching crop top and track pants. It is very much similar to Sara’s look she also accessorised her look with white shoes. She went with all minimal makeup and hair pulled back in a top bun as she happily flaunted her workout.

 

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A post shared by TARA???? (@tarasutaria)

On the work front, Sara Ali Khan will next star in Atrangi Re alongside Akshay Kumar and Dhanush. Tara Sutaria will share screen with debutante Ahan Shetty in Tadap. She also stars in Ek Villain Returns and Heropanti 2.

Also Read: Sara Ali Khan looks like a vision in white crop top and high waist leggings



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Karan Johar announces biopic based on C. Sankaran Nair's bravery and his work to uncover truth about Jallianwala Bagh Massacre

Dharma Productions and Still and Still Media Collective are coming together for The Untold Story Of C. Sankaran Nair. This film unravels the legendary courtroom battle that Sankaran Nair fought against the British Raj to uncover the truth about the Jallianwala Bagh Massacre. Sankaran Nair's bravery ignited the freedom struggle across the country and is a testament to the power of fighting for the truth.

Karan Johar announces biopic based on C. Sankaran Nair's bravery and his work to uncover to truth about Jallianwala Bagh Massacre

This film is inspired by real-life events and adapted from the book "The Case That Shook The Empire" written by Raghu Palat (great-grandson of Sankaran Nair) and his wife, Pushpa Palat. Karan Johar informs, "Extremely excited and honoured to be bringing the untold story of C. Sankaran Nair, a historic man to the big screens. Directed by @karanstyagi. More details to follow soon, stay tuned!"

 

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Produced by Karan Johar, Apoorva Mehta, Anand Tiwari, the film will be directed by Karan Singh Tyagi and will go on floors shortly. Lead cast to be announced soon.

ALSO READ: Karan Johar is proud to launch Yash Johar Foundation to help Indian entertainment industry



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Monday, June 28, 2021

Salvadorans will not be forced to use the government's Bitcoin wallet

The government’s new “Chivo” Bitcoin wallet will be interoperable and commission-free.



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Jay-Z and Jack Dorsey-owned music streaming service could feature NFTs and smart contracts

Jay-Z and Jack Dorsey emphasized the benefits smart contracts and NFTs can offer to artists.



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Rakul Preet Singh stuns in multicoloured floral print off-shoulder dress

Rakul Preet Singh is channelling her summery and chic vibes these days. The floral patterns are often seen on her feed. For a brand shoot with celebrity photographer Dabboo Ratnani, she looked amazing in a pretty dress.

Rakul Preet Singh stuns in multicoloured floral print off-shoulder dress

Sizzling on the internet, Rakul Preet Singh is a finest doll in multicoloured thigh- high floral dress as she shows off the shoulder-baring style. Channelling the unicorn vibes, her satin blue dress featured pink and yellow floral prints all over along with green leafy motifs. The dress was cinched at the waist with a similar print cloth belt.

To complete the look in style, the actress accessorised her look with pair of silver heels. With wavy hair all down to shoulder, she kept her makeup subtle with blushed up cheeks, kohled eyes and nude gloss. Dabboo Ratnani shared these beautiful pictures on his Instagram page and captioned them, “Beauty is a power, A smile is its Sword.”

Rakul Preet Singh stuns in multicoloured floral print off-shoulder dress

On the work front, Rakul Preet Singh will next be starring in Thank God, Attack and MayDay.

 

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Also Read: Rakul Preet Singh opts for easy breezy printed off-shoulder dress



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