Hollywood/ foreign films’ earnings in India
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2013 onwards: big jump in earnings
The statistics are from:
i) Shilpa Jamkhandikar (writer)/ Tony Tharakan (ed.), Reuters, who have cited KPMG for the 2013 and 2014 figures.
ii) In 2015, Hollywood gave Indian films a run for their money <> Dec 20, 2015 <> IANS
Between 2013 and 2014 there was a 31% jump, aided by franchises like “Transformers” and “Iron Man“
Hollywood/ US films’ earnings in India since 2013 have been:
2013: Rs320 crore ($50 million)
2014: Rs420 crore ($65.6 million)
2015:
By the end of 2015, he box office collections in India of just the top five Hollywood titles stood at over a staggering Rs.500 crore ($75 million).
"Both 'Fast and Furious 7' and 'Jurassic World' released in over a thousand screens in India. While most studios were hesitant to explore the regional market, Universal Pictures showed the way forward by releasing these films in Tamil and Telugu,"
Three of the five highest earning films screened in India in the first half of 2015 were from the USA. This is unusual for a country that has traditionally preferred its own blockbusters. The 21st century trend of dubbing big-budget US films into Indian languages is a major reason for this change.
‘Fast and Furious 7’ (Rs.155 crore)
‘Jurassic World’ (Rs.103 crore)
‘Avengers: Age of Ultron’ (Rs.78 crore)
‘Mission Impossible: Rogue Nation’ (Rs.69 crore)
"One of the reasons 'Spectre' didn't do so well in India because it had released worldwide a few weeks ago and by the time it released in the country, piracy had killed its prospects at the ticket window.
