Bollywood Revenue in Sharp Decline: Down 12% in 2016

[thesolar65]

It seems from the comments that those who criticize Bollywood or any Indian movies are actually keeping track of Indian movies and they watch those also.......or else how would one comment?

It's official! Mohanlal's Randamoozham to be made on Rs 1000 crore budgethttp://indiatoday.intoday.in/story/...be-made-on-rs-1000-crore-budget/1/931027.html

 

[Indiran Chandiran]

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

True.The Bombay film industry survives only because of the munificence of the Pakistani government and the patronage of the ordinary Pakistani .Left unsaid by that drunkard Aakar Patel is the ban imposed by Pakistan on films from India in the wake of the Uri attacks .

That hopelessly crippled the finances coming in to leave the Bombay film industry in dire financial states.Hence , the report .

On behalf of the Bombay film industry let me take the opportunity to thank Pakistan for their continued support of our films .
Ghatiya aur beybaak hi sahi , yeh Lollywood se behtar hain .

 

[Bussard Ramjet]

It seems from the comments that those who criticize Bollywood or any Indian movies are actually keeping track of Indian movies and they watch those also.......or else how would one comment?

It's official! Mohanlal's Randamoozham to be made on Rs 1000 crore budgethttp://indiatoday.intoday.in/story/...be-made-on-rs-1000-crore-budget/1/931027.html

It is in effect two movies.

And if the reports are true, it is a daring initiative, since the highest grossing Indian Movies in India have made around 400 crore. If we were to say and double that figure for overseas collection, it will be around 800 crores.

I have no doubt that a grand movie or TV series can be built on Mahabharata, but it has to be good, to earn north of a 1000 crores per movie so as to make it commercial.

 

[Indiran Chandiran]

When can Indians see dark-skin leading actors and actress in their mainstream movies which can truly reflect the majority people?

The day Mongols , your true ancestors are given top billing in your movies .Not to mention , every other film coming out of Hong Kong which features 19th century China showing 4 feet nothing , flyweight Chinese actors take on 7 feet tall , beefy , muscular Caucasians and beat them to pulp.Eg IP Man -2

P.S - I'm not even mentioning the Japanese or the occupation here as I don't wish to trod on your wet dreams .Hence the example of IP Man 2 not IP Man -1.

 

[thesolar65]

It is in effect two movies.

And if the reports are true, it is a daring initiative, since the highest grossing Indian Movies in India have made around 400 crore. If we were to say and double that figure for overseas collection, it will be around 800 crores.

I have no doubt that a grand movie or TV series can be built on Mahabharata, but it has to be good, to earn north of a 1000 crores per movie so as to make it commercial.

Right, but personally I am more worried about the viability.
1. Mahabharata is a good story, but it is more suited for TV than Cinema. It's so elaborate!
2. And Mohanlal playing Bhim.....ummmm I don't think it is good. I like Mohanlal, saw some movies of him, but he is past his age portraying Bhim. The movie is about Mahabharata from Bhim's point of view.

 

[Bussard Ramjet]

Right, but personally I am more worried about the viability.
1. Mahabharata is a good story, but it is more suited for TV than Cinema. It's so elaborate!
2. And Mohanlal playing Bhim.....ummmm I don't think it is good. I like Mohanlal, saw some movies of him, but he is past his age portraying Bhim. The movie is about Mahabharata from Bhim's point of view.

Ditto.

Exactly.

Mahabharata is enough to form a TV series of 3-4 seasons.

And they have indeed been done on TV by many people in various ways.

What we want is a more western style of TV series. Not the typical indian soap style of Mahabharata.

 

[Crixus]

In Montreal on wed or Tue you can get tickets in 6$ also ...but in Toronto ....its almost 18-19$(including taxes) on Friday for a good movie even Hindi ........... I am Indian met a lot of Indians they rarely talk about movies their hot topics are rising real estate prices in GTA

Why are you deviating from the topic? Different people country have different issues. Pakistanis always talk about religion. Does it mean they are hardliners?

Good bye

 

[boxer_B]

When can Indians see dark-skin leading actors and actress in their mainstream movies which can truly reflect the majority people?

Flops of Bollywood.

 

[Rajaraja Chola]

Right, but personally I am more worried about the viability.
1. Mahabharata is a good story, but it is more suited for TV than Cinema. It's so elaborate!
2. And Mohanlal playing Bhim.....ummmm I don't think it is good. I like Mohanlal, saw some movies of him, but he is past his age portraying Bhim. The movie is about Mahabharata from Bhim's point of view.

The movie wont move. Will be like past grand projects which never saw the light of day.....

 

[manlion]

and they happily live in their united India fantasy ?

No Baahubali release without Sathyaraj apology’: Kannada groups refuse to budge

'Baahubali 2' director SS Rajamouli met actor Ambareesh and the film chamber head for release of film in Karnataka.

When Sathyaraj, who is from Tamil Nadu, made anti-Kannada statements during the Cauvery crisis, he hurt the sentiments of Kannadigas. Why should we budge? I told Rajamouli to convince Sathyaraj to apologise. We will not change our stand,” he added.

In addition to the opposition by the film chamber, pro-Kannada organisations under the umbrella of Karnataka Rakshana Vedike have called for a state-wide bandh on April 28, the day, Baahubali 2 is set for release.

“Why are directors pleading with the film chamber and senior actors in Karnataka? He had called us dogs during the Cauvery issue. We want a public apology from Sathyaraj, only then will the film be allowed to release in Karnataka,” said Praveen Shetty, President of Karnataka Rakshana Vedike.

The pro-Kannada organisation expressed anger against the makers of Baahubali 2 for attacking Vatal Nagaraj, the President of the Kannada Chalavali Vatal Paksha, who let out the call for the bandh.

http://www.thenewsminute.com/articl...raj-apology-kannada-groups-refuse-budge-60602

 

[GodToons]

Hopefully this should force Hindi movie producers to use good scripts instead of producing crap like 'Raees', 'aa dil hai mushkil' type glorifies stupidities.
They can learn from Tamil/ Telugu or even Iranian cinema to make good movies.

 

[Shajida Khan]

Bullshit report by reuters and @RiazHaq. If anything revenue of Bollywood is growing and is projected to grow.

https://www.theatlas.com/charts/BJH3gXLT (Data collected by Delloite)

Also, about time folks learn about the concept of Purchasing power. Indian movie market is actually biggest in the world as it caters around 1.2 billion viewers. Footfall in Indian movie theater is about 2.1 billion per year.

Lets take another analogy. In India White Potatoes (Aaloo) sells for around 10-15 INR per KG in whole sale market. Which is about 0.23 USD. Same potatoes in USA sells about 0.86 USD per KG in wholesale markets. Now in dollar terms US Potato market is around twice the size of India. But India produces twice the amount of potatoes compared to US -- This is the effect of PPP.

 

[Stephen Cohen]

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

You are talking of Bollywood collections in Pakistan which are anyway
MINISCULE compared to the Total collections

Even if Indian films were banned in Pakistan ; we dont care

The Indian market and the NRI market is Big Enough for us

 

[Shajida Khan]

Lol, total earnings from ALL the movies released in Pakistan in year 2015-16 is PKR 108 Carore.

Bahubali 2 in two days earns INR 400 Carore. AND.... wait for it.

Bahuballi is not exactly a Bollywood movie. It is a originally a Telugu movie.

 

[Vishwabalas]

Never thought I would see the day when an Indian Film is among the Top 3 at the US Box Office

https://twitter.com/x/status/858726251409711104