Banking on the belief that viewer habits are changing, SPE India has backed Akshay Kumar's "Padman" on the unusual subject of menstrual hygiene.
The company has co-produced the film, the first Bollywood film to release in territories such as Russia and Ivory Coast, along with Mrs Funnybones Films and KriArj Entertainment. It also handled the worldwide distribution of the film.
"The success of films such as 'Hindi Medium' and 'Bareilly Ki Barfi' last year proved that if content is strong, you can market the film. In the case of big tent poles, some have worked, some haven't, Krishnani told PTI.
Studios have been cautious about collaborating on Indian projects, particularly Hindi cinema, as there have been both hits and misses?
Krishnani responds by saying they are not in a rush and have no set notions about the kind of films they want to back in India.
"Content should be able to justify the return. It should be a mix. That's a science that is slowly evolving. It is moving a bit away from gut to numbers... We need to figure out whether there is an opportunity for recovery and what kind of content people will come to see in the theatres. We have made investments in the past and we will continue to do so if the content is correct and appealing."
" 'Padman' deals with a subject that has never been spoken about anywhere in the world. Its relevance cannot be questioned. We realised that we can take it to the world through our distribution channels. It has released in close to 50 countries. Our entire effort in co-producing it was the idea to give it a wide reach, he said.
Big actors are trying to move out of their comfort zone today, Krishnani adds, citing Akshay's trajectory.
He has taken calculated risks. He has taken the decision to back content that's absolutely different and balance it with commercial sensibilities."
"It has ageless comedy and two legends who are back together after 27 years in an iconic setting. We are in the process of identifying such content that we feel will bring people back into theatres in larger numbers. At Sony Pictures Entertainment, we want to back great content."
Krishnani credits Aamir Khan for opening China's market for Bollywood films.
"He has successfully developed that market with consistently good content. We have been distributing our Hollywood film there for a long time. We are looking to leverage our network there."
"If the content is easily available on streaming platforms, viewers might easily choose not to go to the theatres. But if there is a difference in content and they are not getting it easily, they will go. Obviously, there are challenges from streaming platforms, challenges from changing consumer habits. The theatre business is all about footfalls.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
