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#TipsFilms Recently got demerged from Tips Industries as a separately listed films business 📽️📽️
Last week they conducted the 1st concall to discuss their business model.
Following are the highlights ⭐️⭐️
Like & Retweet for better reach !
Last week they conducted the 1st concall to discuss their business model.
Following are the highlights ⭐️⭐️
Like & Retweet for better reach !
1. During FY 22 Reported revenues of 66.83 cr withe release of Movie "Bhoot Police" with PAT of 6.95 Cr. Actual profit was around 20 cr in which they had a partner for 40% of profit. Last year due to covid wave 2 tips films could not launch the films which affected the revenues.
2. Going forward tips films expects the revenue contribution as follows :
(i) Digital Rights = 30%
(ii) Domestic Theatrical Rights = 30%
(iii) Satellite Rights = 15%
(iv) Music Rights = 15%
(v) Overseas Theatrical Rights = 10%
(i) Digital Rights = 30%
(ii) Domestic Theatrical Rights = 30%
(iii) Satellite Rights = 15%
(iv) Music Rights = 15%
(v) Overseas Theatrical Rights = 10%
