Saturday, June 10, 2006

Worth zillions.

A few days after the much-hyped Indian Oscar contender ended an also-ran, my eye and attention were caught by an e-mail ad. Hollywood films are now produced more and more by independent producers, it said. They, in turn, depend for funds to 'develop' the project (the story, the talent package and the producer's ability to get the production financed) on legitimate individual investors (not money launderers). If one invests in the development of a movie, one can well recoup one's investment including interest as soon as production starts. What's more, one's 'stake' in the profits to come after the film is released remains untouched. Consider the multiple revenue streams now open to feature-length movies (theatre release, television, pay-per-view licensing, DVD/video release, merchandising and niche markets such as airlines, the armed forces, schools and colleges). Even alien also-rans may access all these money-making avenues once they're inside the magic circle. I also came across another instructive news byte. Looks like Hollywood is now using online auctions (Yahoo, eBay) to encash on movie memorabilia - instead of stashing it in a store room to gather dust and cobwebs - as well as to promote forthcoming projects. (Hollywood studios are sold on Web auctioneering by Doug Young) (Free registration essential.) There are the studio-owned auction sites too, such as where props from Lord of the Rings: Fellowship of the Ring came under the gavel and (or

No comments: