Film Finance Awards is the first of its kind in India instituted by Six Sigma Films & Banknet Group. These awards are presented to people/ companies on the basis of their bankability in the film making business. Top ranking bankable movies and the people who have contributed to its success will be honoured with these awards in presence of functionaries from Private Equity, PE, Hedge Funds, Venture Capitalists, High Net Worth, Angel Investors, Film Investors, Lenders, Financiers, Bankers, Producers, Directors, Studio Executives, Research Companies, Media & Entertainment, Press, Television Producers etc.
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COFFI 1st Film Finance Awards
18th Dec 2012, JW Marriott, Mumbai
Awards Ceremony for Indias First Film Finance awards based on film business on 18th December 2012 at JW Marriott, Mumbai was attended by senior film industry professionals and senior representatives of Films Division, Film Federation of India, Western India Film Producers' Association, Indian Film Exporters Association, NFDC & more.
Shri Jeetendra accepted awards for Most Bankable Production House, Most Profitable Film and also on behalf of Vidya Balan Shri Milan Luthria received his award for Most Bankable Director from Shri V. S. Kundu, Director General, Films Division, Ministry of Information & Broadcasting. However, Salman Khan was not able to attend the awards ceremony as he was away for promotional events of his forthcoming film Dabangg 2 at various cities.
Winners of 1st COFFI Film Finance Awards 2012 are
Most Bankable Male Actor- Salman Khan
Most Bankable Female Actor- Vidya Balan
Most Bankable Director- Milan Luthria
Biggest Grosser of the year- Bodyguard
Most Profitable Film- The Dirty Picture
Most Bankable Production House- Balaji Motion Pictures
The Indian film industry is the 2nd largest in the world, with more than 1,000 films produced every year in more than 20 languages, and 3.3 billion tickets sold annually. The business of the industry is soaring with the advantage of being recession proof. Indian Film Industry's local theatrical revenues are projected to grow 10.6% to Rs 7,350 crore in 2012-13 from Rs 6,880 crore in 2011-12. Hindi Film Industry's success ratio has gone up from 15 per cent in 2010 to 25 percent in the current year. Indian Film Industry revenues are going up due to increase in number of multiplexes, digitalization of screens and increase in average ticket prices, satellite, music and new media rights.
To celebrate the 100 years of Indian Cinema, Film Finance Awards are instituted by Banknet Group and Six Sigma Films to award people/companies on the basis of the film related business generated by and through them.
COFFI Film Finance Awards is the first of its kind in India. These awards will be presented to people/ companies on the basis of their bankability in the film making business. Top ranking bankable movies and the people who have contributed to its success will be honoured with these awards.
Under this system, unlike other Film Awards, selection are based mainly on the Financial Parameters. The rankings are based on quantum of revenues and multiple of returns. Movies released from April 1st, 2011 to March 31st, 2012 were eligible for this award.
Film Finance Awards 2012 Jury comprised of -
Mr. Pahlaj Nihalani
Mr. Vashu Bhagnani
Mr. Govind Nihalani
Mr. N Chandra
Mr. Ganesh Jain
Film Finance Awards were presented after the conclusion of the 2nd Edition of Film Finance Conference on 18th Dec 2012 at JW Marriott, Mumbai.
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Main Partner is Lotus Allied Mediamatics Pvt Ltd. Associate Partner is Amicorp Advisory Services. Other partners are - Western India Film Producers' Association, Indian Film Exporters Association, Gujarati Film & Television Producers' Association, The Bankers Club, BanknetIndia.com, Indiantelevision.com, Bollywoodtrade.com, audiencematters. com, Take One, "BlockBuster", Docs & Shorts, Shamiana, Galatta.com, FashionScrapbook.com and Majestic MRSS.
Around 200 participants from the Financial and Entertainment Sector will be attending the Second Edition of the Conference on Film Finance:
From the Financial Sector:- Sovereign Wealth Funds; Private Equity & Hedge Funds ; Venture Capitalists ; High Net Worth & Angel Investors ; Film Investors & Lenders ; Financiers ; Bankers
From the Entertainment Sector:- Producers ; Directors ; CEOs & COOs ; Marketing & Distribution Head ; Executive Producers ; Studio Executives
Others:- Technology Experts ; Management Consultancies ; Entertainment Market Research Companies ; Media & Entertainment Institutes ; Press ; Television Producers