The Media and Entertainment Business Conclave (MEBC) driven by the Federation of India Chamber of Commerce and Industry ( FICCI), happened in Bangalore for the last couple of days. Kamal Haasan the chairman of the conclave spoke in a recent interview about the business prospects of Indian Cinema and said that there should be more transparency at the box-office.
Giving an insight on the box office collections, Kamal said “In our country we have a 1-billion strong audience and it is not difficult to make 10 per cent of that population in India watch a super-hit film. Even if 10 per cent watch a movie, at today’s prices, that makes it Rs 1,000 crore collected on theatricals alone. We are not looking into the transparency and honesty angle adequately.”
Kamal Haasan mentioned that our collection process is not transparent and that if it was, the Indian collections would be more than Hollywood