Thursday, November 8, 2007

films

The international entertainment industry is projected to touch a massive growth of US$ 1.8 trillion by 2015. Most of it is directed towards the Asian region, specifically India, which -- according to some recently published reports -- has the potential to grab an impressive amount of nearly US$ 200 billion!
India is the largest producer of films in the world. 934 films were produced in 2004 alone, with more than 3.1 billion admissions (those admitted to cinema halls). The industry's current worth is about US$ 1,256 million, which is expected to grow at a compounded annual growth rate of 18 per cent for the next five years.
At this juncture, career opportunities are booming in this industry. With more than 9,000 studios and production houses across India, educational institutions will have to bring about the revolution of technology input into the Indian industry by teaching digital filmmaking, to improve quality, cut costs by more than 40 per cent and increase the range of deliverable formats, unlike conventional film making which is time consuming and much more costly.

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