This is not intended to be a scare story, however. As mentioned above, the overall entertainment industry in India is taking on professional colours and this will change the culture of the film industry too. Some film production companies, such as Mukta Arts, have made public share issues, thus keeping out of the world of murky financing.
The Film Federation of India is actively seeking to make film financing a viable proposition for banks. It is likely that films would also be insured to offset possible losses for banks.
The granting of industry status to the film industry will eventually allow overboard financing of films, though this will result in production of fewer films than at present.
Stricter enforcement of copyright law will help the film industry in its fight with cable operators.
Foreign entertainment companies, with steady revenue streams, can do good business if they invest in Hindi and other Indian language films. Despite high risks on a per-movie basis, the risk spreads out across a number of movies.
The Film Federation of India is actively seeking to make film financing a viable proposition for banks. It is likely that films would also be insured to offset possible losses for banks.
The granting of industry status to the film industry will eventually allow overboard financing of films, though this will result in production of fewer films than at present.
Stricter enforcement of copyright law will help the film industry in its fight with cable operators.
Foreign entertainment companies, with steady revenue streams, can do good business if they invest in Hindi and other Indian language films. Despite high risks on a per-movie basis, the risk spreads out across a number of movies.