The Entertainment Industry in India:
With the increased digitization and internet usage the Online Media and Entertainment industry is sure to see a huge growth. With some Big international players entering the Indian markets in a big way it will be worth a watch. Cinepolis the mexico multiple chain has plans of adding another 160 screens in India, Vice Media entered into a Joint venture with Time Group to open a production hub in Mumbai. Whereas content in media has been taken to another level with some superb performance by - ScoopWhoop. India being the world youngest nation with more than half a billion people under 25yrs of age and increased disposable incomes the crave to spend on luxuries and entertainment has suddenly seen a high. We are hugely affected by the global liberalisation and demand for leisure and want to change our spending pattern in this industry. With the comfort of the evolved digital space we are now also able to afford the time for it. Also with the ease of many players in the Online entertainment ticketing segment we can now comfortably book our tickets and shows without having to arrange for them standing in ques.
It doesn’t just stop there, today you could even create an event of your and then sell your tickets online through these platforms. It works easy- you could just register yourself with the ticketing platform and create an event you would want to sell tickets for. Seminars, Workshops, Stand up comedy shows, Sport events, Movies ofcourse, Theatre, Plays, Events for Children, Artist events, Exhibitions, Shows, Marathons, you name it and you have it here. Also with their customisation to localisation it is easy to find what’s happening in your town. You could not ask for more when we say above all this these online ticketing platforms also come partnered with your e-wallets, which means life couldn’t be easier. With 11 players picking up their individual interests in this sector it’s not a tough choice to make - Boomyshow, Bookmyevent, Ticketgenei, Townscript, Sulekha events, Explara .
Lets check some interesting facts on this Industry:
- The radio industry is revealed to have seen 2,300 Cr in 2015 which will see a huge increase by 2020.
- Multiplexes are expected to have earned 74% of the total Bollywood income.
- Regional cinema contributes to about 43% of the box office.
- Bookmyshow Reported a 3.17Cr profit in FY-2016
We bring some great deals for you from the various categories that E-Wallets have to offer - Movie Booking, Event Bookings and more to explore!
Surf through these exciting offers from Bookmyshow on Movie bookings. With our changed lifestyles every weekend we are spending at the multiplexes watching movies and what if you had the option to also Book Live Shows and Performances and Sport events. Check what we bring to you from the most popular online entertainment ticketing platform - Bookmyshow.