Recession free Bollywood and India

Posted on October 22 2009 by admin

The recession recovered Bollywood and Bollywood great deals

Who says the non-sense “India still in recession”? Bollywood film industry being the biggest industry of India is looked upon to see whether Indian has overcome the financial crisis. And after a very few months of world’s recession Bollywood on behalf on India has proved that India is almost fully recovered from the devil hands of recession. It could be understood from the fact that Bollywood India is doing a business with the turn of Rs. 11,000 crores. The evidence of Rs. 98 crores of selling the worldwide release rights of Karan Johar directed Sharuk Khan film “My name is Khan” is the best example that Indian film business is in better growth.

This is also interesting that the Abhi – Ash (Abhishek Bachan and Aiswarya Rai Bachan) couple is paid Rs. 25 crores for casting for an add of a soap company. This takes place even at her mid 30s. She is the oldest glamour actress of the year. She now deals with only short commercial add films as she is getting ready to offer a little actor to the bollywood industry. Abhi and Ash are now in search of the best books on ‘parenting’.

Big Pictures, the motion pictures brand of Reliance Big Entertainment takes a big deal in bollywood for a Hrithik Roshan film. Big Pictures acquires the worldwide right for the Hrithik film for Rs. 120 crores. This is the costliest film made in bollywood India. Another evidence to prove that the Indian business is in growth and that India finds more income and profit from Bollywood is that the richest business man of India Mr. Anil Ambani signed a business deal worth Rs. 4,000 crores with Steven Spielberg’s DreamWorks Studios for film production. The combined Anil Ambani – Steven Spielberg’s DreamWorks Studios is to produce five or six films per year. It will be a chance to mingle the Hollywood and Bollywood actors together on big screens.

Another evident to prove the fact that India has overcome the financial crisis is that the Spice group has signed two cooperative deals worth Rs. 200 crores on the global English film “Buddha” directed by Ashutosh Gowariker and “No Problem’ directed by Anees Bazmee, casting Anil Kapoor. Finally it is proved by the co-finance of Exim and Overseas banks with the film “De Dhana Dhan”. This Akshay – Katrina film costs Rs. 70 crores. And the half the budget is financed by the banks mentioned above. All these facts make clear that both India and the main Indian film industry Bollywood is out of recession now. Lets expect costlier and bollywood films like “Blue” in near future.

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