Bollywood’s increasing production cost!!!
Bollywood’s increasing production cost!!!Over the last few days, indian filmmakers including Farah Khan, kunal kohli and actor-turned-producer Kriti Sanon, have expressed their views about the rising problem of extravagant cost, which go into a film’s production. With several films failing to attract footfall in theatres and not been able to make any profits, the discussion has only gained more steam and the focus has shifted to the unnecessary costs that come with making a film. In fact, matters have now reached film body organisations, who held a preliminary meeting on May 30 to address the concern.We have leant from the sources close to the development that the meeting was held between four film bodies — indian Motions Picture Producers’ Association (IMPPA), Producers Guild of India, Active telugu Film Producers Guild and tamil Film Active Producers Association. Besides these four film bodies, five talent agencies — Collective, Matrix, Exceed, YRF and DCA — who manage a long list of celebrities and their aides, were also called in for discussion.“From a revenue point of view, Hindi, tamil and telugu are the biggest film industries in India, and this issue is common to all. Senior representatives of all the mentioned associations and talent agencies were a part of the meeting,” the source informs, adding, “We all know that this is not a great time for content production industry generally. There are issues everywhere in the entire eco-system. So, we want to come to an amicable solution.” The focus of the first meeting was to look deeply into the cost that comes with actors who come on-board a project. An insider tells us that the issues were acknowledged by both the parties, and they agreed that the cost needs to be looked at.