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MUMBAI: Zee Entertainment Enterprises Ltd (Zeel)
plans to invest Rs 600 million in producing
and marketing a slate of Marathi and Bengali
movies over two years.
The
company aims to roll out 15 Marathi films during
this period. The first to roll out has been
Sade Made Teen which has grossed Rs 45
million at the box office.
"We
will be putting in Rs 300 million for producing,
promoting and distributing these Marathi films.
The next film, De Dhakka, is set for
May release," a source in the company says.
Mahesh
Manjrekar's Ashwani Films is doing De Dhakka.
Zeel has also tied up with Smita Talwalkar's
Ashmita Films and Bulbule's Indian Magic Eye.
Zeel
will also be investing Rs 300 million for a
production pipeline of around 15 films in Bengali.
Two are already on the floors and will be released
this year, the source says.
Earlier
Zeel director regional channels Nitin Vaidya
had told Indiantelevision.com
that the company would be spending close to
Rs 10 million for each Marathi film while in
Bengali the costs would be marginally higher.
"The
production costs, meanwhile, have gone up. Besides,
we will be investing substantially on promotion
and distribution of these movies," the
source says.
After
theatrical release, the Marathi movies will
be aired on Zee Talkies. Zee launched the Marathi
movie channel on 25 August 2007.
Zee
is also planning to launch a Bengali movie channel.
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