Bollywood loses $44 mil in first half of year

Bollywood has had a rough half-year,  with industry estimates pegging losses at about 2 billion rupees ($44 million) given a series of major failures with few hits making up for the deficit.

Among the approximately 70 films released in the first six months, the two much-hyped and big-budget titles of the year, “Kites” and “Raavan," performed below expectations, with analysts estimating that between them, both films lost about 1 billion rupees.

However, there was some cheer with the runaway success of UTV Motion Pictures' political drama “Raajneeti,” which grossed over 1 billion rupees in its first 10 days while confirming the boxoffice power of its lead actor Ranbir Kapoor.

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Film Business, International Cinema


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