Komal Nahta |
An edited version of this Q&A first appeared in DNA Money edition on Friday, December 28, 2012.
Year 2012 saw 163 Hindi films being released with the industry clocking net box office revenues of over Rs2,000 crore. Komal Nahta, noted film trade analyst discusses how the year has been for the industry, highlights and trends. Edited excerpts...
Could you briefly tell us how the calendar year 2012 has been for bollywood? What were the key highlights?
It's been a very good 12 months for the trade this time around. Although the success percentage (anything between 18% - 22%) of films that worked on the box office wasn't any different from the last few years, the differentiating factor this time around was that a lot of films did huge business. Nine films including the likes of Ek Tha Tiger, Rowdy Rathore, Agneepath, Barfi, Son of Sardar, Bol Bachchan, Housefull 2, Jab Tak Hai Jaan and the latest being Dabangg 2 registered net box office revenues of over Rs 100 crore with Ek Tha Tiger being the top grosser of the year at Rs 199 crore.
Secondly, all kinds of films worked be it comedy, horror, family drama, thriller, action etc did well at the box office. Interestingly, even women oriented films (Kahani starring Vidya Balan) that normally don't do well on the box office received huge praises, was acclaimed by the critics and the audience alike became a huge hit without a single recognisable face in the movie. Then there were some films with complete newcomers like Vicky Donor and Ishqzaade that became a big hit. So the audience appreciated every kind of a cinema in 2012 which was a good thing for bollywood.
What has really brought about this change in the audience?
In the last few years, film makers have realised that it is not just the stars who could get audience thronging to the theatres to watch a movie. While big stars could lure audience for one or two shows, the year 2012 has proved it is mainly the content of the film that is the main driver. As a result, each one has worked really hard on their scripts which is showing in terms of performance of their films at the box office.
While we have very often heard people saying scripts are the backbone of the films, a lot of producers and film makers would overlook this aspect when signing big stars because they somewhere felt huge starcast doesn't require a strong script. That mindset has changed big time. This apart, with so many channels mushrooming and the audience being exposed to world cinema sitting in their home, a taste for newer subjects has developed in a section of the audience which is big enough to make the film commercially viable.
With first few days from release deciding the fate of a movie, what kind of a change has that brought in the overall film making approach?
We have seen that trend getting stronger gradually as a result a section of the film makers have diverted their focus from the script and are focussing more on the promotion and marketing aspects. These film makers feel if they can hoodwink the public into coming into the cinemas for the first few days they have won the battle. It is easier to promote the film in the last 15-20 days than to work on the film's script for over 6-8 months. And you need to get a brainwave to get something new in the script while marketing is much easier. So 'apna kaam ho jaaega' attitude is certainly being noticed in some films.
Film marketing budgets would have shot up significantly in that case?
Absolutely. About three or four years ago, marketing budget for a big fils was in the Rs 4 - Rs 5 crore range. That number has increased to Rs 10-12 crore and even Rs 15 crore in case of really huge films.
We also saw films like Gangs of Wasseypur, Paan Singh Tomar etc. gaining huge traction. You think more such movies will get produced in the coming years?
Such movies getting acceptance in itself is really heartening because these movies would earlier get classified as 'art cinema' catering to a very small section of the audience. Today these movies are being released commercially all over the country in the smallest of the towns is a big change in the overall film consumption behaviour. In fact, 2013 will see another realistic movie titled Bhaag Milkha Bhaag featuring Farhan Akhtar and directed by Rakeysh Omprakash Mehra.
So 2013 is looking equally good or better?
It is looking good and we are hoping it will be much better than the year going by. A huge line of big films - not only actors but directors as well - are due for release. Prominent among them are Amir Khan's Dhoom 3, Shah Rukh Khan's Chennai Express, Hritik Roshan's Krrish 3, one movie each by Sohail Khan and Sajid Nadiadwala featuring Salman Khan, 4-5 releases by Akshay Kumar etc. so a host of big budget, big banner, big starcast films lined up. In fact, 2013 kick-starts with the big budget film Race 2, Kai Po Che! that are again content rich films.
Year 2012 saw 163 Hindi films being released with the industry clocking net box office revenues of over Rs2,000 crore. Komal Nahta, noted film trade analyst discusses how the year has been for the industry, highlights and trends. Edited excerpts...
Could you briefly tell us how the calendar year 2012 has been for bollywood? What were the key highlights?
It's been a very good 12 months for the trade this time around. Although the success percentage (anything between 18% - 22%) of films that worked on the box office wasn't any different from the last few years, the differentiating factor this time around was that a lot of films did huge business. Nine films including the likes of Ek Tha Tiger, Rowdy Rathore, Agneepath, Barfi, Son of Sardar, Bol Bachchan, Housefull 2, Jab Tak Hai Jaan and the latest being Dabangg 2 registered net box office revenues of over Rs 100 crore with Ek Tha Tiger being the top grosser of the year at Rs 199 crore.
Secondly, all kinds of films worked be it comedy, horror, family drama, thriller, action etc did well at the box office. Interestingly, even women oriented films (Kahani starring Vidya Balan) that normally don't do well on the box office received huge praises, was acclaimed by the critics and the audience alike became a huge hit without a single recognisable face in the movie. Then there were some films with complete newcomers like Vicky Donor and Ishqzaade that became a big hit. So the audience appreciated every kind of a cinema in 2012 which was a good thing for bollywood.
What has really brought about this change in the audience?
In the last few years, film makers have realised that it is not just the stars who could get audience thronging to the theatres to watch a movie. While big stars could lure audience for one or two shows, the year 2012 has proved it is mainly the content of the film that is the main driver. As a result, each one has worked really hard on their scripts which is showing in terms of performance of their films at the box office.
While we have very often heard people saying scripts are the backbone of the films, a lot of producers and film makers would overlook this aspect when signing big stars because they somewhere felt huge starcast doesn't require a strong script. That mindset has changed big time. This apart, with so many channels mushrooming and the audience being exposed to world cinema sitting in their home, a taste for newer subjects has developed in a section of the audience which is big enough to make the film commercially viable.
With first few days from release deciding the fate of a movie, what kind of a change has that brought in the overall film making approach?
We have seen that trend getting stronger gradually as a result a section of the film makers have diverted their focus from the script and are focussing more on the promotion and marketing aspects. These film makers feel if they can hoodwink the public into coming into the cinemas for the first few days they have won the battle. It is easier to promote the film in the last 15-20 days than to work on the film's script for over 6-8 months. And you need to get a brainwave to get something new in the script while marketing is much easier. So 'apna kaam ho jaaega' attitude is certainly being noticed in some films.
Film marketing budgets would have shot up significantly in that case?
Absolutely. About three or four years ago, marketing budget for a big fils was in the Rs 4 - Rs 5 crore range. That number has increased to Rs 10-12 crore and even Rs 15 crore in case of really huge films.
We also saw films like Gangs of Wasseypur, Paan Singh Tomar etc. gaining huge traction. You think more such movies will get produced in the coming years?
Such movies getting acceptance in itself is really heartening because these movies would earlier get classified as 'art cinema' catering to a very small section of the audience. Today these movies are being released commercially all over the country in the smallest of the towns is a big change in the overall film consumption behaviour. In fact, 2013 will see another realistic movie titled Bhaag Milkha Bhaag featuring Farhan Akhtar and directed by Rakeysh Omprakash Mehra.
So 2013 is looking equally good or better?
It is looking good and we are hoping it will be much better than the year going by. A huge line of big films - not only actors but directors as well - are due for release. Prominent among them are Amir Khan's Dhoom 3, Shah Rukh Khan's Chennai Express, Hritik Roshan's Krrish 3, one movie each by Sohail Khan and Sajid Nadiadwala featuring Salman Khan, 4-5 releases by Akshay Kumar etc. so a host of big budget, big banner, big starcast films lined up. In fact, 2013 kick-starts with the big budget film Race 2, Kai Po Che! that are again content rich films.
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