Are Multiplexes killing Bollywood?
Two prominent Bollywood filmmakers -- Manmohan Shetty and Bobby Bedi -- have spoken against multiplexes and the high price of tickets, saying these two factors could destroy the industry. "The main culprit to bring down Bollywood are multiplexes," said Shetty, who started the trend of multiplex cinema chains.
"The tickets are priced so high that people who used to watch the movies by paying Rs.30 to Rs.40 are not coming to cinema halls anymore," "With high budgets and high priced tickets at multiplexes, film business has become difficult,"
"Even though film producers spend Rs.10-15 crore on promotion of films, it is difficult to recover the amount," he said, adding that a star like Akshay Kumar, who earlier used to charge Rs.1 crore now commands Rs.25 crore.
"By pricing the tickets high, the industry has created a monster which will eat us all up like Frankenstein," said Bedi, whose Kaleidoscope Entertainment has produced blockbusters like 'Saathiya', 'Maqbool' and 'Bandit Queen'.
"We shout from the rooftop about making 1,000 films in India every year. But only 84 films out of the 400 films are hits. What happens to the rest of the films and the money invested in them," he asked.
"Corporates came into the film industry with pots of money. Now that they have made losses, they are exiting the market. Today, corporates are bleeding from the wounds they themselves inflicted."
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