Today in a newspaper I saw an amazing
fact about Hollywood movies (or say box office). While our bollywood blockbusters
could fetch around Rs 200cr worldwide, these Hollywood hits have the
overall collection of around Rs 4000cr. This is the collection of an animated
hit of 2012 named “ice ige 4”, what I say about the earnings of “Avengers”,
since it is around Rs 8000cr. Though we all know that cost of these Hollywood
movies are also very huge but in proportion to their income, I don’t think it
is more than 20%. Whatever, the point is, why there is so much flow of money in
any activity related to cinema and television. This is a fact that whatever shows on screen become
famous and important for society in general and people in particular, but only this doesn't clarify the reason behind this limelight and glamourous shining face of entertainment industry at the world level. On the
one hand in this globalized world, these medium of entertainments have the
direct sponsorship of corporate houses, while on the other hand, many times it
is evident that these have illicit channels of financing and funding, which is
considered economic crimes in legal circles. Corporate financers find them safe
to invest their black money (mainly generated through tax thefts and evasions),
and for entertainment industry it is an easy source of money, even having the
potential to absorb the shock of related risk. Therefore right from the
production to distribution, we can easily find a direct or indirect nexus
between them and corporate houses. Even these days looking upon the great
prospects in India, we saw direct involvement or increasing interest of MNC’s
and Hollywood companies from entertainment industry in Indian market. Let see
what color it gives to the colorful field of entertainment in India…….. we only
hope that creativity of entertainment sector wouldn’t be lost in this race of
money and market.
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