Crest House, Worli, Mumbai.
From his white-carpeted ivory tower, Juno Malhotra, vice president - operations,
not only has a breath-taking view of the bustling megapolis, but, thanks
to the closed circuit TV monitor on his desk, also keeps a tab on the regular
bee-hive that is Crest Communications. In the absence of Crests first
couple, Shyam and Seema Ramanna, the former adman and adfilm maker tells
us what's new with the company...
Crest
is one of the pioneers in the line, yet youve kept a low profile while
the competition, all Johnnys come lately, have been bragging about the advances
theyve made...
Agreed,
we definitely havent been blowing our horns, while the fly-by-night
entrepreneurs have been painting the town red over every new acquisition.
That doesnt necessarily mean weve been lying low, or were on
the brink of insolvency, as some bright sparks suggested. And though weve
been playing our cards close to our chest, weve been picky and choosy
about the work we do.
But wed
rather let our work speak for itself. Weve been working on several
ambitious, prestigious projects, like Devi, the Tamil-Hindi bilingual for
producer MS Raju, which will soon be released. Our work in the film should
suffice to silence our most vehement soothsayers, so there's little point
in working up steam now.
There were
reports in the financial newspapers that you were on the verge of a sell-out,
that Warner was likely to pick up a 10 per cent stake in
Crest...
Seema Ramanna,
who looks after the financial aspects at Crest, should be able to answer
that one better. But for my part, I can assure it was all hot air, canards
raised by vested interests. In fact we have issued a press release to hush
these market rumours.
It was
suggested that Crest was looking for foreign players in equity participation
because it would enhance the companys image abroad.
Comment.
Believe
it or not, we have no dearth for big international projects right now. How
many of our so-called competitors can claim to have prised open the foreign
market? Well, we can and have. Weve been tested and approved by
Hollywoods biggest production houses. So we dont need a face-lift
now, certainly not in the round-about way you mention.
Among our
big international projects is an animation film based on the life and times
of Beethoven, now close to completion, for Rich Animation which is to be
aired on Home Box Office. We also have a smaller project for Disney. Our
work for it has already been approved and appreciated. And coming from Disney,
it certainly speaks volumes about the quality of our work.
How has
the falling value of the rupee against the US greenback helped
Crest?
Well, at
Crest we have a department devoted entirely to 2-D animation, which is meant
entirely for US consumption. Apart from the Beethoven and Disney projects
I told you about, we have three more in various stages of
completion.
The falling
value of the rupee has helped us to a certain extent, as we get paid in dollars.
But lets not forget that the currency situation in South East Asia
is far worse. Take the case of the Korean Won, for instance, which fares
so badly vis a vis the dollar, that American companies have found it far
cheaper to get animation or graphics done in Korea, although they cant
match us for quality.
Your
ad-producing wing has been going great guns, lately. Tell us about
it.
I guess
we could claim to be the biggest ad-producing house in the country, with
eight to 15 ads being released each month on an average. Nobody else matches
us either for quality or quantity. Our technical whiz, Shyam Ramannas
been looking after the ad films wing. That is entirely his
baby.
The same,
apparently, cannot be said for your TV software wing, which has had no success
to crow about since Purush Kshetra?
Not true.
We may have phased out of TV for a while, because the market was pretty unstable,
but we havent been sitting on our haunches. Purush Kshetra wasnt
taken off air, it went the full course, and completed the stipulated number
of episodes. The talk show may have been controversial to a certain extent,
but it cleaned up on all the major awards, including the SCREEN-Videocon,
if you can remember. We could well do so again with Aisa Hona Hi Tha, a
forthcoming 52-episode show.
Where do
you think Crest figures among graphics and special effects houses? A lot
of new companies claim to offer facilities that are light years ahead of
your kind of technology?
Do they?
Id like to know who does. Ive said this before, and Ill
say it again: Crest has no competitor in India. Were totally on our
own in the range of services we offer, and in terms of quality. Were
not just a post-production house, though most people seem to think so, and
though our first floor (at Crest House, Worli, Mumbai) is devoted entirely
to post-production.
Our special
effects can match the best in the world. We could have produced the Terminator
II kind of special effects two years ago, just as we could have morphed Michael
Jackson ten years ago with our kind of technology. If anybody says theyre
light years ahead of us in terms of technology, I can only say, dont
believe them. Anyone can make claims like that. Were the pioneers in
compugraphics, both in hardware and software. Most of the machines we used
when we first set up shop may now be obsolete, yet we could produce the same
results even that the best in US special effects houses could.
But what
about claims by other compugraphic houses, that they can provide the same
services for far less?
Wrong again.
Their services may come cheap, but the difference does show in the final
analysis, if you ask me. Were not prepared to slash our prices because
we put in that little extra that other people dont. Nothing goes out
of Crest House, unless its been approved by the people at the top,
who, I can assure you, are among the hardest people to please. And we know
from experience that producers are willing to cough up that little extra,
if they can be sure their films would look like a million
bucks.
How has
Crests wing, Inflight, devoted to on-board entertainment, been doing
lately?
Were
flying high, with seven international airlines approaching us for videotapes
devoted to on-board entertainment. Its a market which has been growing
tremendously, and the returns are good. We also cater to Air India, for which
we produce film magazines on video.
Crest
has been rumoured to be considering entering the music video segment. What
makes you think you can do well where others have burnt their
fingers?
Well, for
one thing, were not hemmed in by the restrictions other music labels
are bound by. Take HAL, for instance, which affords us the kind of footage
flexibility that lets us mount 99 live images one on top of the other without
losing out on clarity. We can have that kind of facility for our videos,
and we can do it in-house. So, dont readily assume we shant do
well, just because other music houses have burnt their
fingers. |