[icernet] Will deluge of films sink Bollywood?

[Arul Selvan]

Though for movie buffs the slew of interesting films translates into 
wholesome entertainment, the sheer number might cause an overkill. 
Already there are only 15,000 cinema halls for the Hindi film industry, 
which produces around a quarter of the world's films. For a population 
of over a billion, which thrives on Bollywood and cricket, the ratio of 
screens per person is highly disproportionate. There are just not enough 
halls to screen the 40 plus canned Hindi films waiting to see the light 
of the day, say insiders. As things stand, the Hindi film industry is 
living its worst nightmare. It has lost a whopping Rs.2.9 billion this 
year. It has seen an almost unbroken chain of flops with nothing raking 
in the moolah at the box-office, be it romance, patriotism or NRI 
dreams. Usually, the ratio of hits is about 15-20 percent, but this year 
only seven to eight percent have managed to generate some business.


Source:
http://www.hindustantimes.com/news/181_112241,00110003.htm