Screenindia : Favourite Pics
PopularNews
Most Emailed Articles
Most Read Articles
Rupee checking account for NRI
Flowers & Gifts Send flowers & Gifts
New Jobs this January
Lowest calling rates to India
Featured Ads

Corporatisation boosts Bollywood

-A +A
Font
Express news service Posted: May 01, 2008 at 1030 hrs IST
If the Hindi film industry has witnessed the play of big bucks over the last few years, it is thanks to the entry of corporate production companies. With the business of Hindi movies growing bigger and better, corporate Bollywood has become an issue of debate and discussion. This topical issue—corporatisation in Hindi film—was the talking point at ‘Screen The Big Picture—a discussion hosted by Screen, the film weekly published by The Express Group.

From previously unheard star fees to roping in funding and new ways of distribution, filmmaker Madhur Bhandarkar, Siddharth Roy Kapoor, chief executive officer, UTV Motion Pictures, Shyam Shroff, director of Shringar Films and Uday Singh, executive vice president of Sony Pictures, laid threadbare various aspects of the business at the inaugural chapter of the event.

“It is a golden period for directors. We know that funds are available and investment is safe”, said Bhandarkar. “The good thing is that all kinds of movies co-exist in the present scenario”.

While the audience has been treated to phenomenally expensive films, like Sanjay Leela Bhansali’s Saawariya and Ashutosh Gowariker’s Jodhaa Akbar, in the recent past, Roy Kapoor pointed out the ground realities of soaring budgets. “The cost structures have increased crazily with high star fees and production costs. But it is quite challenging to keep the revenues in control,” he said.

UTV’s Rs 40-crore-plus Jodhaa Akbar has turned out to be the only big hit so far this year, followed by Abbas Mustan’s Race.

In the context of big money, the discussion returned again and again to Bhansali’s Saawariya, co-produced by Sony Pictures, which met with a poor response from the box office. However, Singh said corporatisation meant there were different ways a film could be exploited commercially. “The number of revenue streams is going up with new avenues like home video and merchandising. Theatrical release is no longer the only way of ensuring returns,” he said.

Coming to highly inflated star remunerations that hog the headlines, the panel explained why the industry’s leading men end up being spoilt. “There are five-six saleable stars and more than 30 producers. Everyone wants to make movies with the top rung stars,” said Bhandarkar. “Now producers make no less than six projects every year,” added Shroff.

Ads by Google
PostComments
Post Comments
Name * Message *
Email ID *
Subject *
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.
ViewComments
No comments posted yet. Be the first one to post the comment.