|
|
B |
Focus
Foreign
films never had it so good
***
Business crosses Rs 400 million barrier
*** Viewership shoots up to 50 million
The
business of foreign films in India has shot up to Rs 400 million, as against
Rs 38 million in 1992. This is thanks largely to the increase in attendance
at cinema halls exhibiting these films. Where as admissions in cinemas
were barely 8 million in 1992, they had shot up to 47 million in 1998,
and may well have crossed the 50 million barrier by May 2000. This marked
increase in box-office performance as well as admissions is being attributed
largely to the continuing failure of Indian films in the domestic market...
IT
PAYS TO THINK BIG
Aditya Shastri
Twentieth Century Fox
According to Aditya Shastri, chief of Twentieth Century Fox in India,
the demand for foreign films is increasing in the Indian market owing
to the sustained quality of the releases during the period under review.
It also helped that movies like Jurassic Park, Titanic, Godzilla and Independence,
that were mounted big, in an obvious ploy to woo moviebuffs back to big
screen entertainment, were released during the period.
"The period from 1992 to 2000 may be described as a period of consolidation
for Hollywood films in India. Hollywood has made movies that appeal across
the world. Theatrical business had indeed been affected by the video.
Thats why Hollywood began to make the kind of movies that would
be best appreciated on the big screen, films that dont lend themselves
quite so well to video. Films like Jurassic Park, Independence Day, Titanic
and Godzilla were all mounted big, as you will recall. They were made
to enhance the movie-going experience. Contrast this with India, where
the Indian industry has stuck to making films that can also be enjoyed
just as much on video. Weve also been wedded to stereotyped subjects,
with emphasis on the emotions. And the audience sees no reason why it
should rush to see the films in theatres, when they can be seen on video
in the comfort of their homes. However, whenever good films like Border
came along, the audience has eagerly lapped it up," said Shastri.
Dubbing has little to do with it
ADITYA Shastri feels the increase in admissions for foreign films
and the box-office collections were not entirely owing to the entry of
dubbed foreign films in Indian languages, as has been generally made out
by the industry. "All dubbed films have not done well at the box-office,
if you can remember. Except of course for movies like Mummy and Deep Blue
Sea. Hollywoods growing market in India has less to do with the
dubbing than with the basic quality of its films. Unlike the Indian banners,
the Hollywood majors have conducted systematic studies of the performance
of films, and have consistently kept improving the basic quality of the
films, in addition to using effective, innovative methods of marketing.
The strength of Hollywood lies in recognising and absorbing good talent
into its fold. This is not restricted to Americans alone, but includes
talents from all over the world. That is why you have Shekhar Kapur and
Manoj Night Shyamalan from India, John Woo and Jackie Chan from Hong Kong
and Englishman Sam Mendes of American Beauty fame getting all the opportunity
they need to do their best, and enrich Hollywood. Hollywood, by its very
nature, is not about America alone, but embraces talent from the world
over," says Shastri.
Indifilms deserve better deal
As against this scenario of foreign films in India, Indian films are also
doing increasingly well at the box-office in the US and other territories
abroad. "As an industry, Indian films have high potential. Dil Se
was rated No 10 at the box-office, which was unheard of in the past. All
A grade films are doing extraordinary business abroad. Its time
Indian films were marketed to their strengths abroad. They deserve to
be," concluded Aditya Shastri.
7 crore to 60 crore in four years
Uday Singh
Columbia Tristar
UDAY Singh, chief of Columbia Pictures in India, threw more light
on the performance of foreign films in the country. He said his company
had grossed between Rs 7 crore and 8 crore in 1996, but its takings from
India shot up to Rs 55-60 crore by March 2000. All in the matter of four
years.
"We have not only been dubbing our films in Hindi, Tamil and Telugu
but have also begun distributing Indian films in India like Pyar Mein
Kabhie Kabhie. We will distribute more Indian films in the near future,"
he added.
An annual growth rate of 100%
Talking about the performance of his companys films at the Indian
box-office, Uday Singh said they had taken out 163 prints of Godzilla
in four languages, 125 prints of Anaconda, 100 prints of End of The Day
and so on. "By adopting better marketing strategies for our films,
we have been able to increase our penetration in the Indian market."
Columbia Tristars annual growth rate could well be the envy of information
technology outfits. "Columbia has been consistently increasing its
annual growth. Weve had a compounded annual growth rate of almost
100 per cent," Singh concludes.
MSM Desai
|