Indian movies make $2 bn compared to $2.7 bn piracy

New Delhi/Mumbai, Aug 21, 2016: Indian movies make $2 bn compared to  $2.7 bn piracy . India’s movie business, stated to be the biggest globally with some 1,000 films produced annually, earns round $2 billion from authentic sources equivalent to screening at theatres, dwelling movies and TV rights. However with $2.7 billion, piracy earns 35 per cent extra, and a means out has proved elusive.

Indian movies make $2 bn compared to  $2.7 bn piracy.

Red Chillies Entertainment, a manufacturing home promoted by actor Shah Rukh Khan, was a sufferer of movie piracy with ‘Dilwale’ last 12 months. It grossed Rs 148 crore on the box office, however its pirated model, circulated a day earlier than its launch, grossed a a lot larger quantity, stakeholders stated.

Latest movies like ‘Kabali’, ‘Great Grand Masti’ and ‘Udta Punjab’ have all confronted related music as Indian movies make $2 bn compared to  $2.7 bn piracy.

“Content theft or piracy within the movie business originates from ‘camcording’ in cinema halls. Over 90 per cent of latest launch titles originate from cinemas,” mentioned Uday Singh, Managing Director, Motion Picture Distributors’ Association (India).

Photo Courtesy: mybroadband.co.za

Indian movies make $2 bn compared to $2.7 bn piracy