Global Financial Crisis Aur Hindi Film Industry

With a slew of big releases planned for next three months, it almost seems that the Hindi film industry is showing no impact of the financial crisis that has engulfed the world. While the impact of the financial crisis on other sectors in India like Banking, Realty and IT has been covered widely in media, there’s been limited focus on its impact on the entertainment sector. It will be interesting to analyze what the impact on the industry will be and what could be the potential responses by the industry.

First, a quick summary of the outcomes of the current crisis (past article on the origination of the crisis here). While a lot of us relate the crisis to ‘events’ like the collapse of Bear Stearns (who, incidentally, were the Bankers to Disney), of Lehmann Brothers and the fall of stock markets (Indian indices have fallen by over 60% in …


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