Buy Bollywood!

As a "crappy bollywood" blogger, I thought I would bring this article to your attention: Time to short Facebook, buy Bollywood.

While the story is the same throughout most of the media in India -- from newspapers to radio to pure Internet companies -- nowhere is this more the case then in the Indian film industry, better-known to many as Bollywood.

PriceWaterhouse Coopers forecasts that India is going to have the fastest growing media and entertainment industry in the world, rising at a compound growth rate of 18.5% between 2006 and 2011. The film business alone is expected to double in size during that period, to some $4.4 billion.

And what is perhaps most uniquely fascinating about the movie business in India is how popular it is domestically -- some 95% of movie tickets sold in India are to see Indian films (this despite the increasing availability of dubbed versions of popular Hollywood films and the somewhat overdue arrival of multiplex theaters offering filmgoers much greater choice.)

I wonder what's going on with the whip?

And the scissors?


Paheli YET AGAIN by Fleagirl by ~bollywoodfanclub