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(单词翻译:双击或拖选)
In India, some of the country's biggest companies are making huge investments in the Hindi film industry, popularly known as Bollywood. Anjana Pasricha has a report from New Delhi, on India's booming film industry.
Scene from Bollywood movie 'Mahadev Ka Sajjanpur'
The latest venture of automobile1 manufacturer Mahindra and Mahindra conglomerate2, is unrelated to its main business. The company is getting ready to launch a string of Hindi films, such as "Mumbai Chaka Chak," and "Acid Factory" early next year.
It is not the first Indian company to make a foray into the glamorous3 world of Bollywood, which churns out more than 1,000 films a year.
In recent years, some of the country's biggest businesses have begun tapping into the huge potential of the Hindi film industry.
It is a big change from a decade ago, when cash-strapped Bollywood producers raised money from private investors4, and often had to rely on unaccounted for cash to fund their projects.
Amita Sarkar, heads the entertainment division at the Federation5 of Indian Chambers6 of Commerce and Industry. She says companies began looking at Bollywood as a business investment after it was designated as an industry in 2002, eligible7 for formal funding.
"For a creative person earlier, the biggest obstacle was money, which is not there at all now," she explained. "There are so many corporates, there are so many banks, financial institutions, they are waiting for projects, waiting for people to make good films. There is a lot of market for films, internationally as well, so the risk element has gone down substantially ... the money is no longer a very big problem."
Bollywood films are popular not just in India, but also in a host of Asian countries such as Pakistan, Indonesia and the Middle East. They also bring in big money in countries like the United States and Britain, where many Indians have migrated.
This big movie-going audience is not just attracting Indian companies. Several Hollywood studios such as Sony Pictures Entertainment and Warner Brothers are also collaborating8 with Indian film producers to make Hindi films.
Sarkar says more and more companies will flock to Bollywood in the future.
"There is big money, big returns and there is an element of glamour9 alongside ... so a lot of people are getting into films," she said.
For Bollywood film producers, the benefits have been huge. They once made films on shoestring10 budgets - less than $4 million compared to over $70 million for a Hollywood film.
But movie budgets have skyrocketed as large sums of money roll into the film industry, allowing producers to experiment with new technology and techniques. More money is being spent on slick marketing11 campaigns.
The mushrooming of multiplex cinemas across the country has increased ticket sales as a booming middle class regularly heads out to watch the latest films.
According to industry estimates, all this will help the Hindi movie industry grow from its present size of about $2 billion to nearly $4 billion by 2011.
1 automobile | |
n.汽车,机动车 | |
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2 conglomerate | |
n.综合商社,多元化集团公司 | |
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3 glamorous | |
adj.富有魅力的;美丽动人的;令人向往的 | |
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4 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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5 federation | |
n.同盟,联邦,联合,联盟,联合会 | |
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6 chambers | |
n.房间( chamber的名词复数 );(议会的)议院;卧室;会议厅 | |
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7 eligible | |
adj.有条件被选中的;(尤指婚姻等)合适(意)的 | |
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8 collaborating | |
合作( collaborate的现在分词 ); 勾结叛国 | |
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9 glamour | |
n.魔力,魅力;vt.迷住 | |
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10 shoestring | |
n.小额资本;adj.小本经营的 | |
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11 marketing | |
n.行销,在市场的买卖,买东西 | |
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