Financial Daily from THE HINDU group of publications
Saturday, Aug 28, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Cinema


Bollywood hits paydirt with light entertainers

Latha Venkatraman


A still from the film, Main Hoon Na.

Mumbai , Aug. 27

LIGHT-HEARTED entertainment as a theme has once again come to the rescue of Bollywood as is evident in the pan-Indian success of Main Hoon Na and Hum Tum in 2004.

Main Hoon Na, with Shah Rukh Khan in the lead role, has topped the charts for 2004 with total earnings of Rs 49 crore from both its domestic and overseas theatrical releases (Rs 15.5 crore from overseas exhibition).

Hum Tum, a Yashraj Films production, with Saif Ali Khan and Rani Mukherjee in lead roles, has earned Rs 30 crore from domestic and overseas releases at the end of nine weeks.

Hum Tum has emerged as a surprise winner at the box office, particularly in the overseas markets where collections at the end of ninth week stand at Rs 8.16 crore, according to statistics available at the International Business Overview Standard.

"Hum Tum has done well in cities, Mumbai's multiplexes and in the overseas markets," says Mr Sanjay Bhattaacharjii, CEO, Spring Board Productions, which provides advisory services in all aspects of filmmaking.

In terms of revenues, films such as Lakshya and Khakee have earned more than Hum Tum. But Hum Tum and Main Hoon Na are considered as pan-Indian hits as they have been profitable not only for producers but also for distributors as well as exhibitors.

"It is clear that light entertainers are back. Films like Main Hoon Na, Hum Tum and now Mujse Shaadi Karoge have proved that," said Mr Ram Mirchandani, General Manager, Motion Pictures, UTV.

"Returns on Hum Tum have been much better than estimated," says Mr Tarun Tripathi, Senior Executive (Marketing), Yashraj Films. "The theme involving a young man and a woman appears to have connected to the younger audience," he said. The film did very well in the US and UK market and to some extent across other territories.

Lakshya, Khakee and Masti are other big revenue earners of 2004. Lakshya, co-produced by Farhan Akhtar and UTV, did a good showing in metros such as Mumbai and Delhi and parts of the Northern region in the domestic market and in the US for overseas release and not across all territories. The film has been able to earn Rs 33 crore until the end of July 2004, including Rs 5 crore from overseas markets. The film did much better in the US than in the UK.

According to Mr Mirchandani, films with `bold' themes like Julie, Murder and Hawas have also brought in good box office returns. "At UTV, we are also looking at a progressive, classy, erotic thrillers. Our canvas will be much wider with higher production values and a definite script," he said.

With a large number of films being released, the window of opportunity for a theatrical release is quite short. "It is not true to say that multiplexes have improved earnings at the box office. At the end of the day, the film has to be good. An exhibition at multiplexes helps a good film," said Mr Bhattaacharjii.

Sholay is the best example. One of the biggest blockbusters of all times was released after a gap of 29 years and has been drawing full houses, enquiries at Minerva revealed. Minerva exhibited the film for five years from August 1975.

More Stories on : Cinema

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
China Sea systems take rain away from North


Kerala govt employees plea to restore benefits
3-fold increase in investment sanctions in Karnataka
Madras HC restrains TNEB from outsourcing labour
Price stability will be ensured, says RBI
Inflation dips to 7.94 pc; vegetable prices soar
World Bank lending to India may go up to $3 b
`Green' buildings rating system on the anvil
Environment awareness education in AP
Australia makes pitch for new business avenues in Bengal
Efforts on to evolve special cardiac package for children
Workshop on telemedicine
KCCI, Govt to sign pact on Mangalore SEZ on Aug 30
Oil stocks firm as crude prices fall
Pharma units seek duty sops for R&D
Penicillin makers curtail production — Fall in prices of end products
Plastics export council to set up warehouse centres in US
`Nuclear power can be as cheap as Rs 3.22 a unit'
PGCIL to advice power system
Tax withdrawal on NRE, FCNR accounts welcomed
Tour operators threaten stir against service tax
Policy on mandatory groundwater recharge for industries soon
Marriott, Kuoni Academy tie up for tourism diplomas
Info on US higher education at Hyderabad
Apollo Hospitals installing Rs 30-cr scanning device
Delhi realtors for licensing of agents
Now property purchase in Pune comes with warranty
Sakthivel re-elected TEA President
Govt amends norms for import of rough marble blocks
Bollywood hits paydirt with light entertainers
`India to push for legal sanctity of Geneva proposals'
Haryana to offer concessions for labourers
Pharma, biotech the new draw for overseas Indians
In Hyderabad today
Why rubbish a `standard' for the salaried
Rubber export subsidies may be slashed 50 pc
Are port curbs on edible oil imports desirable?
North tops in hardware exports
2-day CII expo on Madurai from today
`Injustice done to innocent can set back fight against corruption'
New Institution of Engineers head



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line