70 mm comes closer to small screen
Posted by Sathish | Published on December 31st, 2009 | Comments 0
A year ago one could not have imagined downloading a legal copy of a new Bollywood film within three months of the movie’s theatrical release. But filmmaker Vidhu Vinod Chopra attempts to do just that with his recent release, 3 Idiots starring Aamir Khan.
“The movie will be available for free downloading on online portal YouTube in eight to 12 weeks,” said Vidhu Vinod Chopra.
Bollywood is fast narrowing the gap between a movie releasing on the 70 mm screen and its appearance on other platforms. “The advent of satellite channels led to mainstream channels premiering blockbuster movies after a year of their theatrical release. But from 2007 onwards the window reduced by six months and now you see movies on channels within three months or even lesser in some cases after their theatrical debut,” says N P Singh, chief operating officer, Multi Screen Media, the company that owns Sony Entertainment Channel.
It was 2007’s Jab We Met, starring Kareena Kapoor and Shahid Kapoor that signalled a syndicate model under which a movie was sold to several channels and each channel paid depending on whether it had the first or second telecast rights. This was contrary to the existing model wherein producers sold movies exclusively to one channel for a period of five years for anything between Rs 2 crore and Rs 6 crore depending on the box-office success of the film.
“Channels are once again buying exclusive rights because the syndicate model doesn’t make economic sense for them. Producers have realised that telecast rights to multiple channels reduces the library value of a film and are now going back to the old model,” adds Singh. The rates however have now shot up to Rs 8 to 10 crore per movie for five years.
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