HONG KONG -- There has always been more to
the Indian film industry than feel-bad, feel-good again, masala-style
Bollywood movies.
But these days the entertainment sector is overreaching itself to find new ways to expand and diversify.
For a start, sales of Indian films into international markets is becoming more sophisticated.
Leading
studio groups such as Eros, UTV and Indian Film Co-TV18 operate their
own global releasing operations with branch offices typically in the
U.S., U.K., Middle East and Africa.
In other territories with
smaller Indian populations, they often work with a low number of
specialist distribs, but they increasingly attend film and TV markets
where they strike license deals that would be familiar to IFTA members.
"There is burgeoning interest in Bollywood films in non-Asian
(and) many European territories, but we don't represent core content,"
says Hemant Bhardwaj, senior VP of international operations at TV18.
In
Germany, France, Benelux and Poland, companies such as Rapid Eye,
T-Saleh and Gutek are presenting more and more Bollywood pics to
theatrical auds. Those companies are Asian and arthouse specialists,
but don't limit themselves to Bollywood only.
In other
territories -- including Romania and the Baltic states -- where there
are fewer theaters and the P&A costs for minority fare make
Bollywood releases prohibitive, the market is predominantly TV and
video.
Here, too, sophistication is increasing.
"In
India we created something of a revolution," says Bhardwaj, "when we
stopped selling all TV rights as a bundle and started to sell different
rights to different channels and control the number of telecasts and
the ancillaries. Now our international team is doing the same. We'll
sell separately or the package, but now we understand the value of each
window."
Within India, the Bollywood genre's ubiquity has been
extended through technology. Mainstream films are now mobile -- paid
for on the panoply of movie channels or available via broadband
Internet for download, rental or streaming.