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Tuesday, November 18, 2008

 

Chopra honored for outstanding achievement in films

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A Kazakh comedy about a family coping with the harsh life of sheep and goat herding on a barren landscape took top honors at the second annual Asia-Pacific Screen Awards on November 11.

The film ‘Tulpan', the first feature film by Kazakh documentary-maker Sergey Dvortsevoy, is set in southern Kazakhstan and tells of a young nomad who returns from military service to a family yurt and tries to win the heart of his neighbor, Tulpan.

The film, which won several awards including the top prize in the Un Certain Regard sidebar at the Cannes Film Festival, beat Hong Kong's ‘Men Jeuk' (Sparrow), Turkish film ‘Uc Maymun' (Three Monkeys), ‘Om Shanti Om' from India, and China's ‘The Red Awn' for top prize.

Yash Chopra, founder of Yashraj Films and a major player in the Indian film industry, was awarded the International Federation of Film Producers Associations (FIAPF) Award for outstanding achievement in film in the Asia Pacific region.

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Tuesday, April 15, 2008

 

Film industry loses $39 billion to piracy annually

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The Indian entertainment industry may be worth Rs.500 billion ($ 124 b.), but the movie segment loses Rs.160 billion ($ 39 b.) annually to piracy.

This startling revelation was made by Ron Summers, president of U.S.-India Business Council (USIBC), at the recent Ficci-Frames global convention on media and entertainment in Mumbai.

He said the global revenue share of the Indian film industry was only two percent of the total annual gross income of Hollywood, primarily because piracy usurped a good chunk of the Indian film revenue earned from the domestic and international markets.

"Apart from adopting effective legal measures to preempt piracy, efforts should also be made to extract maximum value proposition from the entertainment content. The best way to do it is by cashing in on the technological advancement witnessed globally in electronics," the USIBC president said.

Noted Bollywood filmmaker Yash Chopra admitted that it would not be possible to root out the external market force of piracy, which has entrenched itself too deeply over the years.

"But we can't afford to resign ourselves to this fact. We must identify measures to mitigate the hold of this force over the market. We must understand the enormous potential of the digital media and try to get value out of it.

"We have to beat pirates in their own game. But to be able to do this, we need the help of the regulatory bodies," Chopra said. According to the secretary in the Information and Broadcasting ministry, Asha Swarup, the only way to tackle piracy was to ensure tight security in the supply chain.

To read the full article, click here..
To read the ePaper, visit: http://www.newsindia-times.com

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