Thursday 29 December 2016

2016: Demonetisation, piracy disappoint Bollywood box office result


Breaking News - Only eight out of the approximately 230 Hindi films released in 2016 surpassed the glorified Rs 100 crore ($14.5 million) club in India, giving the industry only an average tally of around Rs 2,700 crore, according to industry insiders.

This, in a year when the central government's demonetisation move in early November disturbed the projected earnings for some movies, when piracy ate into some films' business and when some producers got into a tussle with the Central Board of Film Certification (CBFC).

Barring Shah Rukh Khan, whose "Fan" did not prove to be like most of the superstar's box office wonders, Bollywood other A-listers, including Salman Khan, Aamir Khan and Akshay Kumar, had a bright year with their films raking in the moolah and making it to the Rs 100 crore club.

There is no centralised agency to record Bollywood's box office numbers. But going by film trade experts and industry sources, Salman registered good returns with "Sultan", Akshay won the audiences' hearts with "Airlift", "Housefull 3" and "Rustom", and Aamir's "Dangal" Christmas release added to the festive season's celebratory mood.(Read More)

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