By Hindustan Times
The rest of the economy may have reeled under recession, but Bollywood laughed its way to the bank this year. A year-end report by trade analysts revealed that the 120 films that released this year have raked in a total of Rs 2,590 crore, more than making up for the huge losses the industry incurred in the last three years. Experts say it’s been a landmark year for Bollywood.
“The moolah came in from all directions and the net collection at the domestic box office alone is about Rs Dirty picture 1,740cr. However, the revenue mostly came from 15-20 major movies,” says trade analyst Joginder Tuteja.
“We’ve gone back to making more films for single screens and the masses. The first five months were not that good, but we made up splendidly,” adds trade pundit Atul Mohan.
For the first time, four Indian movies —Ready, Bodygua