PUBLISHED ABOUT 4 HOURS AGO Is Hollywood a threat to the Indian film industry? Big B definitely thinks so

 
With huge Hollywood hits triumphing Bollywood releases in the box office, Amitabh Bachchan feels that this is a threat to take seriously.
According to Indian Express, Bachchan said, “We have to fight them. This is competition. We know that Hollywood is very powerful. Wherever it has gone, it has destroyed the local film industry. Be it United Kingdom, Germany, France, Spain or Japan, everywhere they go they just take over and that’s what is happening here. So we have to fight. Competition is good,”
The upcoming TE3N's lead has been wary of this rise since his meeting with the chief of a giant production house in 1995.
“I have been on several holidays to the US. Every time I used to go there, all these big corporations like Warner Bros, Sony, Twentieth Century Fox used to send me letters saying they wanted to meet me. I used to ignore them. ‘Why would they want to meet me when they don’t even know me,’ I used to ask myself. Why are they sending me these letters?" says Bachchan, recollecting the encounter.
"I had a lawyer friend in New York and he used to say, ‘Why don’t you go and meet them. There is no harm.’ So I finally went and for more than an hour, the chief who I met spoke non-stop about the entire film industry of our country. He had every knowledge of how we do our films, how we produce them, the financials, the distribution, the actors who they are and what they do. I was shocked. I came back and asked my lawyer friend, ‘How did this happen?’ He said, ‘Mr. Bachchan go back home ,go back to your country because the Americans are coming. So get your house in order.'”
Bachchan is all for competition but claims that his prediction should have been taken seriously back in the day as he adds, "I predicted that in 1995 when I made ABCL (Amitabh Bachchan Corporation Ltd) that the Americans will come and they will have so much money that we will only be a drop in the ocean. So let’s get our house in order.”
 
 

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comment(s)


MOHABBAT
ABOUT 4 HOURS AGO
India should not be afraid of any competition at all. Protectionism has done no great service to India at all. Go and compete in the world. If Indians can be among the top four out of ten businesses in UK, and if Indian origin people have taken Silicon Valley by storm, Indians should not shy away from taking anyone on. Brilliant people Indians, but cowards.
 
SREENIVASARAJIV
ABOUT 3 HOURS AGO
No. Hollywood depicts mostly of western civilization, now which Bollywood is blindly following. Other Regional film of India like Tamil, Telugu, Kannada and Malayalam, together comprises 65% of Total Indian films, which is a serious threat to Bollywood. until unless Bollywood leaves its illusion of either 'party' or masala movies (both of which are completely irrelevant to India) , it could decline soon.
 
GURU
ABOUT 3 HOURS AGO
Frankly, there is very little innovation in Bollywood. It's the same old song and dance packaged in a modern setting. The real innovation is happening in regional cinema like the Tamil movie industry centered in Chennai, Southern India. They have upped their story-telling and production values to near Western levels without compromising on their traditions. That's my observation when I flip through the myriad channels of all the regions of India available on satellite TV to watch content.
 
POINT OF VIEW
ABOUT 3 HOURS AGO
I don't agree with Bachchan Sahab. Hollywood and Bollywood are different in their presentations. As long as Bollywood retain the quality of music [inspired by Indian folk and classical] and stories of common men, it will flourish in Indian sub-continent with population of a billion plus movie lovers.
 
ANGRY PITBULL
ABOUT 3 HOURS AGO
As an actor i like Mr.Bachan very much but he is there to earn money not to do any social service in bollywood then why he would ignore letters and offer from hollywood , He is just bluffing
 
ABC
ABOUT 3 HOURS AGO
What? Comparing bollywood with Hollywood. Even your industry's name is a cheap copy of Hollywood and you are thinking of comparing with them. Very funny indeed
 
ATHEIST
ABOUT 2 HOURS AGO
The jungle book film is one of the reason srk the king movie Fan was a disaster in terms of ticket collection.

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