Business Standard
Wednesday, Feb 15, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 
Films take the 'D' step
Anoothi Vishal / New Delhi July 18, 2006
ENTERTAINMENT: Digital film releases and digital exhibitors are increasing in India, despite the downsides.
 
You may not have noticed it, but there’s a huge change in the way films are being exhibited today. When Titanic released in India in 1997, it released with just about 11 prints—- and ran for 25 “housefull” weeks.
 
Since then there has been a sea change in the biz of motion pictures. For one, no film, even a Bollywood blockbuster, can hope to run that long. But that’s not the story. Instead, the other big change is in the breadth of a film’s release — in the wider number of centres where it is exhibited today.
 
A typical Hindi film in the country releases with about 400 prints; if it is a blockbuster like Krrish this may go up to 540, but this is still far less than for a typical Hollywood release. One of the factors that deter a wider release is the cost of prints and one way this can be brought down is by using digital technology.
 
In the last couple of months, digital technology has picked up like never before. With Bollywood big-wigs like Yashraj films and Adlabs all jumping the bandwagon, the days of the print — much like the traditional camera or vinyl record — are waning.
 
Krrish marked the watershed. While there are four companies in the market currently providing digital technology for exhibition, their efforts were yet to gather steam when one of these, UFO Moviez (an off-shoot of the Apollo group), tied up with Filmkraft, the production company for Krrish.
 
The result was the biggest-ever digital release for a (big) Hindi film — 15 per cent of the screens were UFO’s. Recent release Corporate, a smaller budget film, went even more hi-tech — about 30 per cent of its screening was digital.
 
“In future, a substantial per cent of all releases will be in the digital format”, says Aditya Shastri, CEO, UFO Moviez. By August, as many as 500 cinemas will go digital and not just in B and C centres, earlier targeted. “We are now focusing on the Delhi and the UP market,” adds Shastri.
 
On the face of it employing digital technology for exhibition is win-win. With real-time satellite transmission and simultaneous release worldwide, the chances of piracy are drastically cut. (According to some estimates, a Hindi film loses about 35 per cent of its revenue because of piracy).
 
The reach and the returns are also wider — particularly lucrative at a time when companies like Yashraj Films look at almost half of their revenue from overseas. The costs of prints is also saved so why hasn’t digital cinema come of age in India till now? In Hollywood, companies like Fox, Dreamworks and Disney all support it.
 
Quality is a major concern. Adlab’s Nishit Shetty puts things in a perspective while suporting digital cinema for all the above reasons.
 
“Digital cinema should be an advancement over the current quality of 35mm print. The investment needed in 2k resolution projectors and servers is very high. Interoperability standards between different equipment manufacturers are still being worked out.”
 
While most of the players in the market use Mpeg 2 technology, UFO says it uses Mpeg4, which enables satellite transmission in real time — instead of DVDs having to be delivered to respective theatres, as some allegedly do.
 
On the other hand, their resolution is 1.3 K till now, equivalent ostensibly to the quality generated by a print. “If you can’t tell the difference between a print and digital, it is good enough”, says Shastri. Is it? Watch Kabhi Alvida Na Kehna — digitally.

 
 

Films take the 'D' step
Anoothi Vishal / New Delhi Jul 18, 2006, 00:16 IST

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Nifty ends above 5,500
- Cardamom sheds 2% on profit-booking
- Congress complains to EC against booklet
- Volvo rolls out three new variants at lower price points
- Panel formed to implement AI staff integration
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Save over Rs.3000 with IndianOil Citibank Card
- We live for our family. have you secured them?
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- BSE Q3 net dips 23% on market making spends
- Pvt carriers free to fly into Air India territory
- Shyam Saran: Changing climates of governance
- Subir Roy: Creating affordable urban capacity
- M J Antony: Reluctant respondents
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us