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Talking
Business
A CASE OF TOO MANY
PRINTS?
Exhibitors of Hum Saath Saath Hain, who released the film with much anticipation
and excitement last week, are anxiously watching the second weeks
collections. After the lukewarm opening response it got in the first three
days, collections have picked up ever since at quite a few theatres, with
the female audience patronising it to a great extent.
But the trade pundits are confused by the cold welcome
the films got, especially with the record number of prints the Rajshris
released in the market. In states like West Bengal, the film is believed
to have got a very mixed response, with the film being played at theatres
a stones throw away from each other. Two such theatres are Jyoti and
Hind in Calcutta, apart from the Maneka and Priya.
According to a leading West Bengal distributor, the
strategy of flooding the market with prints has totally misfired. Mumbai
distributor, Vinay Choksey, says releasing an extraordinary number of prints
can work only with action-oriented films. "It is definitely not suited for
a family-oriented film," Choksey feels.
Reportedly, the Rajshris have now decided to hold back
the additional number of prints they were planning to introduce in the second
week, and are even considering withdrawing the film from some theatres, in
case the film starts picking up. In fact, the film is believed to be already
picking up at some places. In Thane for instance, exhibitor Pradeep Singh
is quite enthused with the second weeks response. At Vasais KT
Vision, one of Singhs favourite theatres, there has been an overwhelming
response to the film in the second week. "I expect the film to continue for
the next 20-25 weeks, provided the Rajshris curtail the number of prints,"
says Singh. In Mumbai, exhibitor DY Pattani has been keeping a guarded silence.
The film has been released in three theatres in one area, Shaan, Pinky and
Chandan, the last two being controlled by him. Russ Balaporia, who controls
Basant Cinema also has no complaints about the film, and admits to being
thoroughly satisfied with the response.
So is Rajesh Thadani who is these days stationed at
New Era cinema, where the ladies and the family audience are believed to
be patronising the film strongly in its second week. According to Rajesh,
renovating the theatre hasnt been futile. "I am getting an excellent
feedback for the new look of the theatre," he says.
CAUTION OVERSEAS
The overseas distributors of the film, the Lullas are closely watching the
response, what with the kind of price they have paid for the overseas rights,
apart from the number of prints released (121 in the overseas territory to
be precise). Most overseas distributors are of the opinion that even if the
film does excellent business abroad, it is unlikely to recover the price
the Lullas have paid.
A section of overseas distributors opine the Lullas
have spoiled the market by offering uncalled-for prices. "They are definitely
able to source that kind of finance with partners like Bharat Shah, but such
prices can be fatal in the long run," said a distributor on condition of
anonymity.
The Lullas will also be releasing the Sunny Deol starrer
Dillagi, for which they are believed to have paid a price ranging between
Rs 3 crore to 4 crore.
Meanwhile, the other overseas distributors prefer to
lie low. A recent entrant in the overseas business, Prem Mehtani, who released
Hello Brother, has decided not to buy any more films, after the setback he
received with it. Reportedly, Mehtani who is believed to have paid more than
Rs 3 crore for the film, was disillusioned with the response.
According to Mohan Chhabria, who has been an active
buyer in the overseas market, it is better to play safe instead of paying
a fortune for a film and losing all of it in one go. "I see no point in getting
carried away and paying incredible prices for a film, just to cut off the
rest of the competitors in the race," Lulla recently said. Apparently, Lulla
was very keen to bag Dillagi earlier, but it was the price that proved to
be a major deterrent.
THE POST-DIWALI SPOILS
While on Dillagi, the film is believed to be still unsold for the Bihar and
West Bengal territory, and the producers may be left with the only option
of releasing it on commission. The price being currently quoted for both
territories (estimated at Rs 75 lakh for Bengal and Rs 50 lakh for Bihar)
is unacceptable to any distributor, especially now that the film is being
released post-Diwali.
The other distributors are eagerly awaiting the film
since the two weeks after Diwali are said to be good for business, except
that this time it is a Sunny Deol starrer sans action.
In Mumbai, Nester DSouza of Metro Cinema has
already started showing the trailers of the film, both on the video-monitor
in the lobby and the screen. According to DSouza, the trailers have
fetched an excellent response. DSouza also has no regrets that the
film could not be released in Diwali, with Taal fetching excellent collections
during the Diwali week. "But it would have made a big difference had Dillagi
been released for Diwali," he adds.
A MUTED DIWALI
Distributor Ramesh Sippy feels this years Diwali was far from bright
for the trade. The general recession and inflation have reduced the spending
power of the people, which has affected theatrical response to films, he
says. Sippy released the Mithun starrer, Maa Kasam, which in normal circumstances
wouldnt have got much of a response, considering Mithun starrers are
hardly sought after these days. This time, even the Diwali audience stayed
away.
Manisha Deshpande |