With 'Hera Pheri 3' Post, Suniel Shetty Explains Bollywood Film Business

Bollywood actor Suniel Shetty on Monday confirmed that the much-awaited 'Hera Pheri 3' is "finally happening". Taking to LinkedIn, Mr Shetty, who played the role of Shaam in the movie, announced that the film's shooting has started. 

"So Hera Pheri 3 is finally happening! Look forward to being back on set with Pareshji & Akki. Like all good things, this one took some time, but it's a relief to finally have an answer to this question!" the actor wrote in his post. 

Mr Shetty also spoke about how movies are financed, produced and released, as well as how they make money. "The movie business isn't very different. To explain the entirety of the movie business here would be oversimplifying it. But let's just say having a good script, a set of actors & a director is literally just the starting point," he wrote. 

Further, while explaining the several revenue outlets for a film, ranging from box office receipts to digital and satellite rights and music, Mr Shetty said that there are several factors for any business to succeed - a good idea, thorough market research, a solid business plan, a skilled team, funding at the right time and a strong distribution network. 

"The movie business isn't very different. To explain the entirety of the movie business here would be oversimplifying it. But let's just say having a good script, a set of actors & a director is literally just the starting point," the actor explained. 

Also Read | "Everything Is Mystical": Mexico President Shares Photo Of What He Claims To Be An Elf

The 'Refugee' actor termed the distribution of films as a complex process that involves several layers like producers, distributors and exhibitors. "Once a film's made, a studio typically either sells the distribution rights to a distributor or appoints one on a commission basis, who is then responsible for securing screens from theatre owners, negotiating terms & releasing the film in theatres. Sometimes distributors negotiate a % of the box office collections," he wrote on LinkedIn.

Mr Shetty also mentioned various ways to monetise films. "#BoxOffice collections, domestic & international, are the primary ones," he said. Further, pointing out that music rights are another key source of revenue, he stated, "#MusicRights are another important source of revenue. Usually sold to a #musiclabel who in turn monetise it through channels like streaming, licensing, digital ad revenues, etc..." 

"33 years & 125 films later I don't have it all figured out, but I will keep getting better at it," the actor concluded. 



from NDTV News- Topstories https://ift.tt/RAVebP5
https://ift.tt/FH4cJD1

Comments

Post a Comment

Popular posts from this blog

UK Man Who Couldn't Read Or Write Until Age 18 Becomes Cambridge Professor

Jason Arday was diagnosed with autism spectrum disorder and global development delay in his early years. He was unable to speak until he was 11 years old and could not read or write until he was 18. Now at the age of 37, he is about to become the youngest black person ever appointed to a professorship at the University of Cambridge, BBC reported. Eight years ago, Mr Arday was told that he would likely need to stay in an assisted living facility. The man refused to make that a reality. He used to write his lifelong goals on his mother's bedroom wall. He wrote that he wants to "work at Oxford or Cambridge." Mr Arday was born and raised in Clapham, southwest London. "As optimistic as I am, there's just no way I could have thought that would have happened. If I was a betting person, the odds on it were so long. It's just mad," he told The Times of UK . He admitted that he had "no idea" what he was doing when he first began writing academic paper
Read more