Friday, May 3, 2013

Indian Motion Pictures

The first commercial film was screened in Bombay in 1896. The title was “Arrival of a Train at Ciotat Station and Leaving the Factory.” The Times of India called it the “marvel of the century.” The first film produced in India was “Raja Harishchandra” it was a silent film and it told the story of a righteous king. It was directed by Dadasaheb Phalke, the father of indian cinema. He wrote, directed and produced more than 120 commercial films. The Indian motion pictures has a collection of some ten regional industries that produce films in more than 15 languages. Teluga film industry in Hyderaad is the largest with Hindi film industry-Bollywood which is located in Mumbai-is the second largest.  There are around 1,325 films per year and it is the most prolific film-making nation. Fewer than 15% of films recover costs; fewer than 3% are significantly profitable.  Revenue of about $3 billion. Majority of commercial films are low-cost productions. Hollywood accounts for 7% of Indian box office-no import restrictions, no quotas. Many Hollywood companies have localized. Two example of this are, Sony Pictures India and Warner Bros. Pictures India.

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