By Hindustan Times
The year 2012, which marks the completion of 100 years of Indian cinema, will be also known for the reopening of Bombay Talkies. The iconic studio was established in 1934 and went defunct in 1954. Owned by Dube Industries, the studio will now begin work on two films in June.
“Last year, we took a conscious decision to restart the company because of the 100 years of cinema celebrations,” says Satish Mahajan (55), who manages the studio. “We have waited 58 years for this moment,” he adds.
Mahajan reveals the studio had to close because of financial mismanagement by Sashadhar Mukherjee (brother-in-law of Ashok and Kishor Kumar), after the release of Mahal in 1949. “We lost Rs. 12,000 which was a huge amount at that time,” he adds.
The first film to be launched by Bombay Talkies this year is titled Zakhm