Hollywood studios have entered the Indian film market but except Fox Star Studios’ investment in My Name is Khan, none of them have tasted success, how do you analyse the scenario?
I think India is a big and healthy market with space for lot of talents and production houses. Hollywood studios have been in the business of film-making for a long time and I believe they will come to India with a certain amount of knowledge and expertise to share. Even if their first film has not worked, it is not of much significance in the longer run. However, there is a big question mark on the kind of content that these Hollywood studios have bought in the past. For example, how could Warner Bros pay a high price for a film like Chandni Chowk to China? I think couple of years ago there was a bullish attitude in the market in general. Everyone was acting in a bullish manner and that is what I am saying that while doing a deal we should consider the worst possible scenario and not sell films thinking about the best possible case. Has the downturn in the last two years brought prices to realistic levels? I have not been so much in the market to say that with authority but I hope tha
