Ajay Devgn versus Yash Raj Films: The big fight for single screens

Devgn may also lose in terms of distributor share. A distributor gets up to 80% of the net ticket price (total ticket price minus entertainment tax) in a single-screen theatre compared with a 52.5% share in multiplexes. So it is a double whammy for Devgn, says Bhargava.

Devgn is also losing a significant share of money because ticket prices for multiplexes and single-screen theatres are expected to rise by up to 20% next week. But he is unruffled, saying his movie will take a few days more to make money due to the lesser number of screens

More at EconomicTimes

The Day A Computer Virus Came Close To Plugging Gulf Oil

It was a Sunday afternoon in August 2012 and Gert-Jan Schenk, the European head of cyber security giant McAfee, had just arrived home from summer vacation.

 

As he busied himself with unpacking luggage, Schenk’s mobile phone rang, displaying an unfamiliar number. The father of two had his hands full with bags and kids, so he let it go to voicemail. Then the number rang again, and then a third time, before Schenk finally put his things down and answered the phone.

To Schenk’s surprise, the person on the line was the chief information officer of the world’s biggest oil company. And he sounded worried.

More at Forbes

ET, IT…and the rest