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Bollywood planning to be Rs 1,000-crore film club

Given the business bollywood generates, the industry insiders think that it could be a 1,000 crore club.

 

“A Hollywood film gets released in approximately 9,000 to 10,000 screens. We don’t get that many screens. The number of screens should be increased,” said Vijay Singh, CEO, Fox Star India.

 

Siddharth Roy Kapur, MD, Studios, Disney UTV, said, “I think content, infrastructure and regulation are the three aspects that would help to reach the mark of Rs 1,000 crore. With these things in place this mark can be achieved.”

 

“The content of the film should be such that it should reach the audience; in terms of infrastructure, number of screens and ticket prices need to be increased, and something should be done on entertainment tax as it eats away a portion of the business,” said

“Hollywood films like ‘Avatar’, ‘Avengers’ get released across the world in various languages and thereby leading to more business. I think we must also make something that will reach out to wider audience and despite the film being in another language people should be able see it,” he said.

 

“The director of ‘Life of Pi’, Ang Lee, took approximately four years or so to make this film, which won quite a few awards at Oscars. But here in India filmmakers come up with films every four-six months. This somewhere puts a question mark on the content and quality,” he added.

 

Vikram Malhotra, CEO of Viacom 18 Motion Pictures, said investment should be made at the “script level”. “I think director needs to invest time at script level. Also, piracy is an issue that needs to be curbed,” he said.

Karan Johar, who moderated the discussion, said there could not be a set genre for making a Rs 1,000 crore film.

 

Source – PTI

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He loves writing. Its his source of pleasure. He did his graduation in Bachelor of Mass Media. Worked as a sub editor with Inquilab, a flagship publication of Mid-Day, which is a well read tabloid of Mumbai. He has recently started writing for websites and news blogs.


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