Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
2.0It is due to many reasons, chief among them being the low quality of movies, increased penetration of Hollywood among young, and easy availability of pirated movies for free online.
Which are the other huge releases?
When can Indians see dark-skin leading actors and actress in their mainstream movies which can truly reflect the majority people?
Here you go one of our 'brown' actress. And majority of Indians are brown.When can Indians see dark-skin leading actors and actress in their mainstream movies which can truly reflect the majority people?
Stop lying old man:http://www.riazhaq.com/2017/04/bollywood-revenue-in-sharp-decline-down.html
Bollywood movie revenue suffered 12% drop in 2016 to $338 million, the sharpest decline ever, according to Reuters news agency. Meanwhile, the global movie revenue rose just 1% to a record $38.6 billion last year, according to a report by Motion Pictures Association of America.
Box office sales hit a record $11.4 billion in the United States and Canada, up 2% from 2015, thanks to blockbusters such as “Rogue One: A Star Wars Story,” “The Secret Life of Pets,” and “Captain America: Civil War”, according to a report in Los Angeles Times.
By contrast, the Bollywood revenue, a tiny fraction of the global film market, has been in decline since 2014. It fell from $413 million in 2014 to $385 million in 2015 to $338 million in 2016, down 6.7% from 2014 to 2015 and then again dropping 12% from 2015 to 216.
While Bollywood business is in sharp decline, the Pakistani cinema, though small, is growing very rapidly with the explosive growth of multiplex theater screens. Pakistan's "The News Sunday" estimates that box office receipts in the country jumped 28 per cent in 2015 as compared to 2014 and this figure is only expected to grow in coming years.
Here's how Indian media and entertainment analyst Akar Patel describes Bollywood's business opportunity in Pakistan:
"In Pakistan, there is a big market for Indian movies in their multiplexes. For decades this revenue was lost to Bollywood because the movies were pirated. Under former president Pervez Musharraf, the official screening of movies was allowed, benefiting both nations. Today all Bollywood movies are shown there. Unfortunately, the current state of ties between the two countries has been allowed to deteriorate so much that we should not be surprised if Musharraf's wise decision is reversed."
It can be a win-win arrangement with Pakistani artists working with their Indian counterparts in Indian movies and increasing Bollywood revenue from the growing Pakistan market that is already the second largest market for Bollywood entertainment. However, the powerful Hindu Nationalists appear to be succeeding in thwarting this partnership.
If the anti-Pakistan rhetoric and the attacks on Pakistani artists in Mumbai continue, it is very likely that Pakistan will respond by reimposing the ban on showing of Indian films in a rapidly expanding market market for Bollywood entertainment. In addition to increasing estrangement between the two neighbors, stopping cooperation and collaboration will be a significant blow for the entertainment industries in both India and Pakistan.
Related Links:
Haq's Musings
Bollywood Eyes Pakistan Market
Peepli Live Destroys Indian Myths
Bollywood-Hollywood Combos
Indian Bollywood Seeks Cultural Dominance
US Mortgage Fraud Funded Bollywood Movie
Coke Studio: Music Drives Coke Sales in Pakistan
http://www.riazhaq.com/2017/04/bollywood-revenue-in-sharp-decline-down.html
With the internet and file sharing, streaming etc...$338m revenue is going to be looking good. In the UK loads of indians and other south asians view "bollywood" movies mostly via illegal means.
So in terms of 2016 revenue, bollywood is less then 3% of hollywood.
When can Indians see dark-skin leading actors and actress in their mainstream movies which can truly reflect the majority people?
Damn, one Hollywood movie makes more the entire Bollywood
In general, I have been completely disappointed by Indian Sci-fi movies.
Let's see how this turns out to be. I am not the one who will go and watch this movie just because Rajnikanth stars in it.
I remember the hype around Ra.One
It turned out to be a huge disappointment.
Ticket prices buddy, ticket prices. Movie cost for a weekend in Cineplex is 20$ and on other days its 12$. Means averaging 1000 INR and atleast 600 INR in Rupee terms. Some states on other hand have limits of pricing. In TN, ticket prices are capped at 120. In Karnataka its 150-200 INR. Something like 2-3$ per ticket. In North, after a few days ticket prices get lower than 2$.
So you cant really compare the markets of both.
you are talking about Indian market, a minuscule market for Hollywood. here in Canada its 8 to 12 dollars, in the US its 6 to 8 dollars.
As far as I know its 8$ only on tuesdays n 12 on other days in cineplex. In theatres showcasing Indian movies in Toronto its basically 20$ for first 2 or 3 days. Rest of the days its 12$.
But thats the point, even its 12$, than 600 INR in dollar terms. 5-6 people can watch a movie for 600 rupeess in India. PPP mate.
you also have to country how many people go watch a movie, whenever I meet Indians or observe Indian communicate with each others 90% chance they are talking about movies, I have never seen any other community so crazy about movies than Indians. I am sure the number of people watching even a box office failed Indian movie is bigger than Hollywood block buster.