Tuesday, April 14, 2009
Bollywood Bargaining
Over in India, negotiations and bargaining have always been a part of local culture. Bollywood is no different. Indian movie producers and distributors are playing "hardball" with big theatre chains, refusing to release any new movies unless they get half of ticket sales revenue (during the first month of the release.) The industry has been suffering in recent months, and producers are having a tough time getting financing for new movies. This slum-dog-millionare-badass hasn't seen a good Bollywood movie since I was in Hyderabad, and is very disappointed to hear about the cinematic slump in Bollywood. Hopefully both sides can reach an agreement.
-Jason
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