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November 27, 2009 at 12:24 pm
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| Box Office Madness| NaachGaana Bol| News|
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The market generates 40-45 per cent of the overseas collections for Bollywood films
Dubai’s debt woes have got Bollywood producers and distributors worried as the city is a significant contributor in the West Asian market for Hindi films.
The Dubai premiere of upcoming Bollywood film Paa, starring Amitabh Bachchan and Abhishek Bachchan, has already been put on hold, though the film’s co-producer, Reliance Big Pictures, attributes this to logistical constraints.
According to trade experts, the overseas market is crucial for the business of several Bollywood releases that are lined up, including De Dana Dan, Radio, Rocket Singh, Paa and 3 Idiots, with the Gulf region being a significant market. “Over Rs 50 crore is riding on these films, with the overseas market expected to generate at least 25-30 per cent collections for these films,” says a Mumbai-based trade expert.
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