[icernet] Time for new script to attract financiers to big screen
Arul Selvan
arulselvan at vasnet.co.in
Sun Mar 9 20:50:25 EST 2003
The Indian film industry may have to right-size its prolific output once
corporatisation takes roots. "Close to 85 per cent of Bollywood's
revenues come from less than 30 per cent of the films it makes in a
year," Mr Rajesh Jain, Executive Director (Corporate Finance), KPMG
India Pvt Ltd, has said. An estimated 23 per cent of revenues in the Rs
16,000-crore entertainment industry come from films; Bollywood's is a
major chunk of that.
Source:
http://thehindubusinessline.com/2003/03/08/stories/2003030802360100.htm
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