[icernet] Bollywood 2002 & Beyond

[Arul Selvan]

  The festive season may be upon us but there's a gloomy mist over 
Bollywood. 2002 has seen a spate of flops, underworld threats and 
unstoppable piracy which has left the Hindi film world in crisis. An air 
of pessimism pervades the world's largest film industry. What's more, 
the quality of films has gone from bad to worse, and even unashamedly 
lifting scripts from Hollywood is not pulling in the crowds anymore!

If anything did save the film industry in 2002, it has been the growing 
non-resident Indian (NRI) market. Films may have done badly in India but 
some recovered their money due to desis all around the world flocking to 
theatres like never before. In Britain itself, such has been the craze 
that big Cinema houses like Warner and Odeon have followed Cineworld's 
initial gamble and thrown open the doors to Bollywood with tremendous 
success. Films like Devdas even reached number 5 in British film charts.

Source:
http://www.clickwalla.com/article.php?cid=26&aid=1489