CMNS 240 Chapter 7-2: The global dynamics of Indian media piracy: export markets, playback media and the informal economy
Document Summary
The global dynamics of indian media piracy: export markets, playback media and the informal economy. In the first place india has not one, but several, major film industries serving different audiences at home and abroad. Second, the most striking difference between the indian film world and hollywood is the relative lack of formal organization to be found in indian film making. The largely informal relations between the different sectors, however, can also lead to conflicts over the spreading of risks in an industry where only 10 percent of films will break even. The feedback of box office data and profits back up the chain is extremely unreliable as the heavy burden of punitive entertainment taxes has encouraged the widespread underestimation of tickets sales and profits. In the context of the hindi film industry in mumbai, it has been estimated that 40 percent of films made in 1990s were financed by dubious money".