The industrial and corporate structure of the Indian entertainment industry has evolved rapidly with global studios and multinational broadcasters entering the market, resulting in significant disparities and imbalances.
The changes – for better and for worse – were discussed this weekend in a panel discussion inside the International Film Festival of India in Goa. Among the participants were directors Abhishek Sharma, Anees Bazmee, Vikas Bahl, and producer Mahavir Jain.
“Earlier, personal relationships were very strong in the film industry. People would mortgage their homes and sell jewelry to raise money to make their movies. It would take longer for movies to hit the floors because it took longer to raise money.” Now, no matter the outcome of the movie, You will get what you promised,” Bazmee said (“Bhool Pahlia 2”).
For a filmmaker, finding a convinced producer within the corporate structure is paramount, Bahl suggested (“Queen,” “Super 30”). There are pros and cons to corporate filmmaking. you need [to work with] A product that will take risks, even if the Excel spread sheet doesn’t match. You need a program called ‘Courage’ which can be inserted into corporate Excel sheets. The industry also needs more discipline and growth.
Producer Jain (“Uunchai”) said, “With more players, more movies are being made and more people are getting jobs. We are also developing an app that will act as a bridge between newcomers and those who are established in the film industry.”
Film should always be based on creativity, passion and conviction. “There are many successful films produced by companies, but more creative people need to be part of corporate teams to ensure that creativity is not dictated by business,” Bazme said, to the approval of other team members.
The discussion also extended to include comments on the need for and enforcement of anti-piracy legislation and calls for an expansion of the theatrical exhibition sector.
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