Churning out over 1,000 movies a year, the $3.3 billion business revenues of Bollywood are projected to grow by 18-20 per cent a year in the coming decade. Selling a staggering 3.6 billion tickets, Bollywood outpaced Hollywood by nearly 2.3 billion in 2010. Aided by the Government of India's recognition of movies as an industry in 2001 that allowed for the influx of institutional financing, the pandemic popularity of Indian films is here to stay.
The Hindu : Arts / Magazine : A century in celluloid
$3.3 Billion growing at 20% p.a.
The Hindu : Arts / Magazine : A century in celluloid
$3.3 Billion growing at 20% p.a.
