December 08, September 27, It is no secret that the Income Tax Department keeps a watch on Bollywood producers, distributors, and actors, but a recent report has detailed how exactly people behind the glitzy world of the silver screen avoid taxes with dodgy dealings through hawala and hot-money routes.
Fri, Aug 24 The revenue may vary for different films, but the trend remains the same—a Bollywood movie seems to depend almost entirely on its opening weekend and the week, after which even the biggest movie may see its collections decline.
In the last three years, on an average, the top 10 Hindi film hits each year have made The most important reason for the obsession with massive openings is the space crunch in the Indian movie exhibition industry.
The odd Hindi films released per year barely get enough breathing space at the box office. India has a total of 9, screens according to the Ficci-EY media and entertainment industry reportwith eight screens available per million of population.
Because of the clutter of releases, producers and distributors are fighting for shelf life in multiplexes and there is pressure to monetise the immediate weekend because next week, there is no guarantee that the film will still be in theatres. There are two kinds of successful films, Sampat added—ones that grow by word-of-mouth and ones that come with big hype and marketing.
That makes sense given that the distributor-exhibitor share in the film business is skewed in favour of the latter. Film industry experts say that the dependence on openings is unhealthy for movie business.
To do that, you release the film as wide as possible, to the extent that the release is inefficient and sub-optimal. However, because the number of screens is unusually large, and inefficiently so, per theatre occupancy is lower, at least over time.
All figures have been sourced from movie website Box Office India.Bollywood is one of the largest film producers in India, representing 43% of net box office revenue, while Telugu cinema, and Tamil cinema representing 36%, and rest of the regional cinema constitutes 21% as of , bollywood is also one of the largest centers of film production in the world.
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Sun conjunct with Mercury and Venus in Scorpio in the 11th House gives him knowledge in arts and creation. Bollywood Movies Total Worldwide Box Office Collection Prediction Report Bollywood Movies Box Office Collection Tiger Zinda Hai Bollywood film of this year has released yesterday i.e.
22nd December on Box Office. Lipstick Under My Burkha Tuesday Total Worldwide Business Income This week on Friday Munna Michael & Lipstick Under My.
It was a fair month for Bollywood as highly expected films disappointed while others sprung a huge surprises at the box office in spite of facing clashes with each other.
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