Bollywood to lose 250 crores! - Times of India

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Okay, so we are jumping our gun! But it is not without good reason. Bollywood’s now become an over-used cemetery with umpteen films being buried Friday after Friday.

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And since the inhabitants of this ghost town (the filmmakers) refuse to face reality, the point has to be driven home hard. “If Bollywood lost Rs.200 crore on the 70 odd releases in the first quarter, then it is set to lose at least Rs.250 crore in the second quarter,’’ says trade consultant Amod Mehra. There will be approximately 125 releases in the next 6 months.

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Amod estimates that between Kites and Raavan alone the industry will reportedly lose Rs.100 crore. “Honestly, what are we doing here? Are we peddling dreams or selling nightmares,’’ asks trade guru Taran Adarsh.

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