Research Paper on "Bollywood it Is Believed"

Research Paper 8 pages (2433 words) Sources: 1+ Style: MLA

[EXCERPT] . . . .

Bollywood

It is believed that the word Bollywood has been inspired from Hollywood, meanwhile the B. comes from the initial of the city Bombay that is now known as Mumbai, which is the center of the film world in India. It has been known that the India cinema was initiated in the year 1913 with the silent film that was known as Raja Harischandra, which has been labeled as the very first Indian feature film. The producer of this film, DadasahebPhalke was also the producer of 23 feature films in India over the years 1913 through 1918. Needless to say, Bollywood had to struggle in the beginning (Grant, 2013).

In the beginning of 1920s, there was a rise in the Indian cinema as many production companies were formed. The movies of this time were historical or mythological in nature. Moreover, imports of the Hollywood plots were also made and were well received by the audience in India.

In the light of social and political changes, movements were seen in the Bollywood industry during the 1960s. The dominating directors of this time were MrinalSen, Ray and RitwikGhatak. They were inspired to offer the Indian audience with an increased sense of realism and tried to base films on the lives of the common man, something that was not done previously. Before the 1960s, most of the movies were commercial production and was more or less a mixture of different genres that included comedy, action with a punctuation of melodrama by means of almost six songs. This is the model that is still being used in most of the Bollywood movies today.

One of the most successful directors of Bollywood during the 1970s, Manmohan Desai is considered to be the father
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of what is referred to as the Masala film. He believes that he wants people to let go of the misery in which they live for some time and enter into a world of dreams where there are no social problems like poverty and there are no beggars on the street and everyone is well taken care of by God. Therefore, the combination of action, comedy is romance is the kind of template that is still more popular in the Bollywood industry. However, many people have now started to pay attention to the plot, the development of character and the dramatic tension that is there in the feature film. Yet, in most cases start power is considered the sole determinant of the success of the film.

Recently, Bollywood has produced films that attained international fame like Slumdog Millionaire that caused a lot of foreign capital into the industry and opened in a new chapter in the history. The world has now started to pay more attention to the films that are being produced in the Bollywood industry. The main question here is that whether or not Bollywood will be successful with the mainstream audience in America.

Bollywood vs. Hollywood

Hollywood is the film industry that dominates the world, as of now. However, in the recent past, Bollywood has been making a good name for itself by producing films with a solid plot. These films have not only done well in India, but have also been able to gain a great deal of International fame.

There is no denial in the fact that the Bollywood industry is huge. According to some reports, it is the largest film making industry in the world pertaining to the number of films released and tickets sold out. Some statistics have revealed that on average four billion tickets are sold every year in Bollywood. However, the industry has not been able to earn as much as the Hollywood industry does, probably because of the difference in the price of the ticket and the cost that comes to produce and record these films (Hoad, 2012).

There was a time when the Bollywood films were thought to be of lower production quality than the ones that were being produced in Hollywood. Since the western television and Hollywood movies have become popular throughout India, Bollywood is trying really hard to keep up with the Hollywood quality. Even though most of the films that are produced in India have a much lower budget that ones that are produced in Hollywood, the difference has become quite less.

Regulations in the Film Industry

The government of India has been working hard with Bollywood to make sure that the industry performs well within the country as well as internationally. However, the government also has to make sure that the content that is being shown in the films that are produced in Bollywood is appropriate for the Indian audience. There is a censor board in the industry that makes sure that no such scene is on aired that has some content that might be controversial for some people. Many scenes are cut in the movie that goes to the censor board. The main concern of the members of the censor board is to remove any such scenes that show sex or nudity. However, as the country is becoming modern, the censor board has also relaxed its censorship rules (Kapoor, 2012).

Another issue that the government needs to address at a much larger scale and more enthusiastically is that of piracy. The reason why Bollywood is not able to make as much profit as it should keeping in view the number of tickets that are sold and the number of films that are produced is that the movies are pirated and the people do not pay the actual cost of the film. Many steps have been taken by the government to prevent piracy from becoming prevalent but there has only been little success in the matter.

Indian Economy and Bollywood

Bollywood has been contributing a great deal in the progress of the Indian economy. Many sectors in India have shown slow growth. Software, which was once considered to be the sole financer of the economy, has also now failed to earn significant profit. The sales of telecoms and cars have also declined. However, Bollywood has been able to produce one block buster film after another in the recent history.

The latest benchmark for a film to be labeled as successful is Rs 1 billion as of the domestic revenues earned. This amount of revenue was not even in the wildest dreams of the Bollywood producers, about five years from now. This is the same time when the gross domestic product of India was declining at a significant rate. Since then, a series of Indian movies were produced that were nothing less than block busters and earned a significant amount of revenue. Movies including Ghajini, Three Idiots, Houseful-II, Dabangg, Bodyguard, BolBachan, Singham, Agneepat and Don-2 have done great not only in India but also in the international market. The success of all the aforementioned movies is nothing less than a remarkable achievement since there is overall recession in the world, businesses are not certain about their financial conditions, the cost of living is increasing and the quality of living is declining.

As of the recent reports, the yearly revenue earned by Bollywood is about Rs100 billion and this figure is expected to rise to Rs150 billion at the box office by the year 2016. This implies that the industry will record a 10% growth every year which is two times that of the whole country. Since Bollywood is one of the two ultimate avenues that the Indians look up to for entertainment, the second being cricket, there is a lot of potential in this industry to expand. Many multi-national companies look up to the Bollywood celebrities to endorse their products so that their sales in India could be increased. Furthermore, this strategy has proved to be quite successful.

The film industry in India that was centered in what was formerly known as Bombay has been able to produce about 800 movies every year. The average movie is about three to four hours long and has many songs and dance numbers along with action, drama, comedy, tragedy, music and whatever the directors think it would be appropriate to mix in for a happy ending that the audience looks for. Each and every Indian loves these films.

Many analysts have been trying to figure out that universal factor that makes the Hindi movies such a great hit at the box office. Most of the people try to entertain themselves with cricket by just sitting at home watching TV. However, films are not cheap to watch. The average price of a ticket during the weekend at a multiplex cinema ranges from Rs.250-300. Moreover, the cost of parking at these cinemas is around Rs. 100.

National and International Fame

Bollywood movies are loved by the Indian audience and that is what makes this industry so successful. The Indian cinema has come a long way, as a business project, as it had to face a great deal of competition at the hands of Western Media and Hollywood movies. However, with the passage of… READ MORE

Quoted Instructions for "Bollywood it Is Believed" Assignment:

For this paper i would like these point to be present:

1st: a brief history of Bollywood film industry and how it came to be as it is now.

2nd:hollywood vs Bollywood.( as a competitor)

3rd: a small history of indian economy and its regulations on the film industry.

4th: Bollywood involvement in the indian economy.( what role is it playing in the indian economy).

5:Bollywood success abroad and in india.( global market and how indian culture is adapting in a local market)

6th: problems & Ethical issues present in the bollywood industry.

7th: Recommendations on how Bollywood can grow even further.

This is an international business paper, the focus should be on bollywood as a bussiness and its globalazations, and what kind of bussiness is it ( national ,transnational, multi national)

I would like my sources to be from online articles not books. and 4 or 5 quotes would be enough. and most importantly NO PLAGIARISM please.

*****

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