Indian Film industry
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The Indian film industry, known as Bollywood, is the largest film producer globally, creating around 1000 films annually. It has seen significant growth since obtaining 'industry' status in 2001, allowing better access to financing, though it faces challenges like piracy and content regulation issues. The future of Bollywood includes potential collaborations with Hollywood and a transformation towards producing more substantial content.
Indian Film industry
- 1. ActionCamera Lights 1116th August, 2011A, D, R, A
- 2. The Film IndustryThe Film Industry consists of technological and commercial institutions of filmmaking
- 3. The Indian Film Industry…India is the largest producer of films in the world, in terms of ticket sales and number of films producedThe Indian film industry is Multi-LingualThe industry is supported mainly by a vast film-going Indian public, and Indian films have been gaining increasing popularity in the rest of the world—notably in countries with large numbers of expatriate Indians
- 4. The Constituents of The Indian Film IndustryBreak-up of 2009 Indian feature films
- 5. Bollywood – The Hindi Film IndustryMoney, Business, Gossip, Entertainment
- 6. BollywoodBollywood is the informal term popularly used for the Hindi-language film industry based in MumbaiThe term is often incorrectly used to refer to the whole of Indian cinemaThe name "Bollywood" is derived from Bombay (the former name for Mumbai) and Hollywood (the center of the American film industry)One of the largest film producers not only in India, but in the world
- 7. History of Bollywood…Raja Harishchandra(1913), by Dadasaheb Phalke, was the first silent feature film made in India.In the 1930s, the industry was producing over 200 films per annum. The first Indian sound film, Ardeshir Irani's Alam Ara (1931), was a major commercial success1940s to the 1960s is regarded by film historians as the "Golden Age" of Hindi cinema. Colour movies become a popular feature in the late 1950s
- 8. Modern CinemaIn the 1970s, Themes revolved around gritty, violent films about gangsters and bandits. Amitabh Bachchan was known for his "angry young man" rolesDuring the 1980s, the pendulum swung back toward family-centric romantic musicals1990s witnessed the emergence of stars of a new generation of actors (Aamir Khan, Salman Khan and Shahrukh Khan) and actresses (Sridevi, Madhuri Dixit and Kajol)
- 9. Bollywood –The Functioning, Structure and Components of the Entertainment Industry
- 10. Components of the Industry…Production Houses
- 11. Components of the Industry…Actors & Actresses
- 12. Components of the Industry…Directors
- 13. Components of the Industry…Miscellaneous
- 14. Buyers Involved…DistributorsEROS ENTERTAINMENT -- B.O.: $6.6 million YASH RAJ FILMS -- B.O.: $4.3 million BIG PICTURES -- B.O.: $3.7 million ExhibitorsBIG CinemasCineMAXPVR CinemasINOX
- 15. Buyers Involved…Satellite RightsSET Max aired two of the film industry’s biggest hits, 3 Idiots and Rajnikanth’s Robot, and also Band Baaja BaraatStar Gold has the rights of SRK’s Ra.One, Zoya Akhtar’s Zindagi Na Milegi Dobara, Zee Cinema will screen Shaitan and Pyar Ka PunchnamaMusic Rights
- 16. Money flow in the Film Industry
- 17. Bollywood –The Current Scenario
- 18. Indian Film Industry Size
- 19. Current Market SituationBollywood is the largest film producer in the world. They produce roughly 1000 movies a year. Hollywood only produces 500 and Japan produces 400 movies a yearThe Bollywood industry had a revenue of US$ 2.5 billion in 2008, and has been growing at approx. 9% a year. The revenue is expected to reach US$ 4.1bn by 2013
- 20. Revenue Distribution of Bollywood
- 21. Revenue Growth – Bollywood
- 22. The Turnaround – “Industry” StatusOne of the major policy initiatives has been the Government of India granting the "industry" status to the entertainment sector in India including the film sector in 2001. This allows the sector to access institutional finance and clean credit for new projectsBefore the reform, the filmmakers were hugely dependent on diamond merchants and underworld for financesQuite a few banks, including IDBI, Exim Bank and Bank of Baroda, are pumping money into movie-making businessHence, it’s one of the Key drivers for the growth in the Industry
- 23. Bollywood – Challenges faced by the Industry
- 24. Piracy!!!The Indian film industry is significantly impacted by online piracy. A study undertaken by Motion Picture Distributors Association (MPDAI) has put India among the top ten countries in the world, where online piracy is at its peakIn India, counterfeiting and piracy costs the entertainment industry US$4billion and losses of approximately 800,000 jobs annually.
- 25. Piracy!!!
- 26. EntertainmentA crisis plaguing the industry is the distortionary rate of entertainment tax within states in India. For instance, in Andhra Pradesh and Tamil Nadu, the tax rate is low. However, this has not been the case with the rest of the states in India.
- 27. Content RegulationA long-standing debate continues amongst the industry members on regulation of content. Some of the issues that need to be addressed in this sphere include:Should there be a content regulator or should the industry be allowed self-regulation under a broad framework? Delhi Belly Banned In Nepal
- 28. ContentOne of the problems is that younger generations sometimes find the stories a bit predictable, and get bored of similar tales.
- 29. Increasing Talent CostFigures are approximate
- 30. Bollywood – Future of the Industry
- 31. What’s in store for Bollywood…By 2040, Hollywood (Los Angeles) is forecasted to remain the largest filmed entertainment cluster. However, Bollywood may close the gap significantly to become the second largest cluster.
- 32. What’s in store for Bollywood…Bollywood company tie-ups/collaborations (Corporatization)Reliance Big Entertainment signed a deal worth US$ 1.2 billion with Steven Spielberg’s ‘Dream Works SKG’ to produce 36 films for the next 6 yearsReliance also acquired around 200 theatres in 28 locations in North America to screen Bollywood and other regional movies from IndiaWalt Disney has invested around US$ 324 million in a deal with Yash Raj Films.Ramesh Sippy Entertainment has collaborated with Warner Bros.
- 33. What’s in store for Bollywood…The Hollywood ConnectBollywood to HollywoodAnil Kapoor in ‘Slum Dog Millionaire’ and later in ’24’AishwaryaRaiBachchan in ’Pink Panther 2’ withSteve Martin and ‘The Last Legion’ with Colin FirthHollywood to BollywoodBen Kingsley in Teen Patti (Three Cards)Sylvester Stallone in ‘KambakhtIshq’Jennifer Chambers directed ‘Hiss’
- 34. What’s in store for Bollywood…Better ContentOnce known for their gimmick flicks and illogical story line, the whole genre of Indian movies are transforming into something much more substantialBreaking the ConventionsAnother aspect undergoing a marked change is the resurgence of actors that may or may not be good looking but are very fine actors in themselves indeed
Editor's Notes
- #15: A Film Distributor is a company or individual responsible for releasing films to the public either theatrically or for home viewing (DVD, Video-On-Demand, Download, Television programs through broadcast syndication etc)The distribution company shows the movie (screening) to prospective buyers representing the theaters (Exhibitors). The buyers negotiate with the distribution company on which movies they wish to lease and the terms of the lease agreement
- #23: Scenario prior to this was, Funding for Bollywood films often comes from private distributors and a few large studios. Indian banks were forbidden to lend money to film productions, but this ban has been lifted recently. As the finances are not regulated properly some of the money also comes from illegitimate sources.