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Bollywood Embraces Kazaa Movie Downloads
MaximusTheGreat writes "While Hollywood tries to debate how to tackle P2P movie downloads, Bollywood the world's largest film industry has decided to embrace it. This could usher in a new era of legal movie downloads like iTunes for music, as Bollywood, the Indian film industry produces 1000 movies a year and outstrips hollywood by almost 3:1. Theaters worldwide sold some 3.6 billion tickets to Bollywood films last year, compared with Hollywood's 2.6 billion. In revenue terms Bollywood is already larger than the British, Hong Kong, Japanese and Italian movie industry and is growing at a very fast rate."
At the risk of pointing out the obvious, if Bollywood is making $3.6 billion a year on 1000 films, and Hollywood is making $2.6 billion a year (a bit over two thirds as much) on one third as many films, is Bollywood actually `bigger' in any sense save raw number of films cranked out?
Just askin'...
Yes, those numbers are ticket sales -- still means that any Bollywood flick is getting a fraction of the penetration of a Hollywood flick. The Hollywood tickets cost more, too. :-)