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He
says that it is important for there to be
backward and forward integration in the
film production model.
An example of backward integration is Mukta
Arts setting the Whistling Woods training
school. This means that talent is being
nurtured that the company can tap into.
Forward integration can be seen in terms
of film studios setting up post production
facilities.
This
takes care of the entire process of making
a film. Digital cinema he notes allows for
a one time investment in a film print. However
the quality of digital theatres in India
is a generation behind what it is abroad.
In
order for Indian film content to travel
abroad a one stop shop is needed.
This
means there is a business opportunity for
a firm who can take xcare of dubbing, subtitles,
marketing. Also a one stop technology marketing
firm is needed which can repurpose the content
for different platforms. He notes that abroad
film companies are becoming adept at using
the new media as a marketing tool. An example
is Borat where the film distributors used
the net effectively in the form of podcasts,
downloads of promos. This created buzz around
the film and saved the need for a lot of
money to be spent on marketing campaigns.
He
also says that Bollywood needs to also look
at making better trailers like what Warner
did for The 300. That trailer is aimed at
getting people to see the film and he notes
that often the cost of a Hollywood trailer
is equal to the budget of some Hindi films.
Meer's
firm makes visual effects for films. He
gave the example of George Lucas using HD
equipment for Star Wars Attack Of The clones
which was made a few years back. Lucas has
now decided to only work in digital. In
the US some theatres added digital screens
so that they could air that film. Steven
Soderbergh is another filmmaker who works
in the digital realm. He says that in India
it is expected that there will be 700 digital
screens by the end of this year. Let's Talk
was shot digitally. Digital sets are becoming
more common like what was used for The 300.
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