All those who thought that the Sony Pictures Sawariya's disappointing show in the Indian box office would put off foreign film companies from opening shop in India are wrong. The latest to jump on the Bollywood bandwagon are Fox and Turner.
Fox, many moons ago was to coproduce with Ram Gopal Varma, the Sriram Raghavan directed Ek Haseena Thi but pulled out l. Two years ago it entered into a deal with UTV to co-produce Mira Nair's The Namesake and I Think I Love My Wife starring Chris Rock. Now the company has opened an independent office in India headed by Vijay Singh (formerly of Sony-BMG Music).
Turner, which has a joint venture in India with Miditech to launch a TV channel, is also setting an independent film production company. They are still trying to put a team and want to primarily focus on animation films.
Both foreign firms are facing the same hurdle. Almost all stars and A grade directors have been signed up and are unavailable for almost two years. So what will these companies do in the meanwhile? My guess is they will join the trader bandwagon-- buy and sell completed films. So don't be surprised to hear Indian actors and directors pocketing fatter fees. The days of a regular Rs 100 crore film is just around the corner.
Hello world!
-
Welcome to WordPress.com. This is your first post. Edit or delete it and
start blogging!
15 years ago
No comments:
Post a Comment