Bollywood takes pitch to casino enclave Macau

By MIN LEE, AP Entertainment Writer

Tuesday, June 9, 2009
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(06-09) 19:42 PDT HONG KONG, China (AP) --

The Indian film industry is taking its annual road show to China's coastal
casino enclave of Macau, hoping to broaden the appeal of its elaborate
song-and-dance productions in the booming Chinese market and the rest of
eastern Asia.

Bollywood's first family led by veteran actor Amitabh Bachchan, his son
Abhishek, and daughter-in-law, former Miss World Aishwarya Rai, will walk
the red carpet as the International Indian Film Academy hosts its 10th
annual weekend conference from Thursday to Saturday.

The world's most prolific film industry is hoping to translate its large
output into bigger revenue by widening its viewership beyond native Indians.

Overseas income is already contributing more to the $2.3 billion Indian
movie industry, with foreign box office revenues jumping from 5.3 percent of
total revenue in 2005 to 9.8 percent in 2008, according to a report
commissioned by the Federation of Indian Chambers of Commerce and Industry.
With their large ethnic Indian populations, the U.S. and Britain are now
Bollywood's two biggest foreign markets.

Those figures, however, pale in comparison to Hollywood's global influence.
The American industry earned $9.8 billion at the domestic box office in 2008
and another $28.1 billion abroad, according to the Motion Picture
Association of America.

But encouraged by the global success of the Oscar-winning rags-to-riches
story "Slumdog Millionaire" — a British film about an orphan from the slums
of Mumbai who becomes the champion of the Indian version of "Who Wants to Be
a Millionaire" — Indian filmmakers are looking to expand their reach beyond
their own ethnic communities.

"The success and popularity of 'Slumdog Millionaire,' with its Indian
locales, artists and music, underscores the growing influence of Indian
cinema and augurs well for Bollywood movie markets targeting global
audiences," the FICCI report said.

Amitabh Bachchan told a recent media briefing promoting the International
Indian Film Academy weekend that the Indian film industry needs to do a
better job of selling itself. Indian films typically devote 10 percent to 15
percent of their budget to marketing, compared to 30 percent in Hollywood,
according to the FICCI report.

"Hollywood has greater marketing skills. We don't know how to market our
product because we don't have the funds," the 66-year-old actor said, adding
that, "we are trying."

The film academy has held previous overseas events in London, Dubai,
Johannesburg, Amsterdam and Bangkok.

In addition to showcasing several new Indian films, this year's event in
Macau will include a conference of business executives from India and China
on Friday that will focus on collaboration between the two countries, with
Indian Ambassador to China Nirupama Rao making the pitch for her home
country.

Famed Bollywood composer A.R. Rahman, an Oscar winner for his "Slumdog
Millionaire" score, will hold a workshop on Friday. Heartthrob Hrithik
Roshan and wife Suzanne will model for Indian designers at a fashion show
Thursday night.

The three-day program culminates Saturday night with the annual IIFA Awards,
where Abhishek Bachchan, his wife Aishwarya Rai, Roshan and fellow stars
Aamir Khan, Shah Rukh Khan, Priyanka Chopra and Katrina Kaif will compete
for top acting honors.

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-- 
regards,
Vithur

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