The distributors were, almost always, only partly honest. That, too, depended a lot on his distributors and if they paid his overflow (share of the profit after recovering his investment). Only that day did he stand a chance to pay up his debts and emerge clean.
Usually, a film producer lived on liabilities, always owing money to his financiers, which got transferred from one film to the next, unless his film turned out to be a big hit. Which, if nothing, would be available at a reasonable rate of interest. All this because though this was called an Industry, it was never recognised as one and therefore not privy to institutional finance.
He was a full-time filmmaker and had no other source of income. Because, not only his film, even his household ran on this borrowed money. It was a desperate situation for a film producer. In the Hindi industry, all but a successful few borrowed at the rate of 3 per cent per month, or 36 per cent per annum! The interest was chargeable every quarter and deducted while landing. How one hopes this was true, that producers were the ones employing stars! The fact is that once a star is signed, a producer starts working for the star. In the popular perception, if stars make so much money, certainly, the ones who employ them must be earning so much more! Their riches and the glamour quotient are for the people to see, not the plight of those behind the scenes. The stars are the face of the film industry. That a film producer always makes money is a perception people live with because of the stars. But the Guild contends that against these few blockbusters, which appear periodically, there are many other films that drag a film producer deep into the red. To contemplate on this issue, the Active Telugu Film Producers Guild (ATFPG) met last week.įilms such as ‘Baahubali’, ‘Pushpa’, ‘RRR’ are a flash in the pan and the media celebrates only those. Their malady is that just about everybody connected with the making of a film, from the stars to the technicians, makes money when a film is being made except for the producer. And that is what bothers the filmmakers in the South. ‘RRR’, ‘KGF’, ‘Pushpa: The Rise’, ‘Baahubali’ and other such big hits, and one would think that the South Indian film industry is rolling in money! Evidently, it is not so.
0 kommentar(er)
