Sony Pictures bullish on international co-productions

MUMBAI: Sony Pictures Entertainment (SPE) recently announced its foray into Hindi films when the company signed a co-production deal with Sanjay Leela Bhansali for Saawariya (Beloved).

SPE officials (who were in India recently with Sony Corp CEO Howard Stringer to celebrate Sony Entertainment Television's 10th anniversary) are quite gung ho about this deal with Bhansali and are also looking at other such ventures.

Columbia TriStar Motion Picture Group vice chairman Gareth Wigan will be responsible for overseeing all international productions for the company.

Citing the reason for the company's foray into Bollywood co-production, Wigan said, "We started production in several international markets like China, Hong Kong, Mexico, Brazil and Germany. India was always on our map as we expanded along. We have high regard for the talent here and would want to work closely with the industry here. India has a very successful and diversified national film market. At the same time, Indians are by nature extremely 'film' loving and it forms a big portion of their leisure time. We at Hollywood find this fascinating and are excited to begin our journey here."

However, this is not SPE's first international co-production One of the movies that the company is co-produced is Crouching Tiger Hidden Dragon, which won the Oscars for the best international film and has grossed nearly $ 200+ million.

Apart from this Kung Fu Hustle from China too was successful with a worldwide gross of $105 million. Anatomie from Germany, Me You and Them from Brazil and El Crimen Del Padre Amaro from Mexico are some of the other international co-productions from SPE's stable.

Throwing light on the attributes that SPE looks for in a co-production partner, Wigan said, "Essentially we look at their work / films and of course a common desire to work together. We have to share the makers vision. We also look at the appeal of the project in the domestic market, in this case the domestic market being India and also the potential appeal in the international market."

When queried as to whether SPE was also looking at other language productions, Wigan said, "Yes, we will be looking at other language productions but as of now now we would like to focus on our first project. We have no set target as to the number of international films we would co-produce in a year."

What are the advantages of such a venture for the company? Wigan informs that this will give SPE an opportunity to work with "great minds who have great creativity."

"The finished product becomes a part of our assets and enhances our library value. From a distribution perspective, successful films are profitable," he concludes.

Latest Reads
Sony BBC Earth hosts the extraordinary Natural History Producer and Global Storyteller, Jonny Keeling, in India

Sony BBC Earth, India’s No. 1 factual entertainment channel and home to the most iconic and premium content, continues to deliver to its promise of making the viewers ‘feel alive’.

Television TV Channels Factual @ Discovery
‘Ab Jungle meinhoga Dangal’ with the Hindi Television Premiere of Jumanji: Welcome to the Jungleon November 24th at 8pm only on &pictures

Ever wonder how it feels to be inside a game and play the character you choose? In the brand-new adventure Jumanji: Welcome to the Jungle, the tables are turned as four teenagers in detention are sucked into the world of Jumanji.

Television TV Channels Movie Channels
Broadcasters see regional adex space growing

Now that the Hindi fervour has died down, broadcasters and advertisers have latched on to the regional segment. It's no wonder that the adex in the space is expected to grow as well. According to the global ad growth forecast of GroupM, India’s adex is expected to grow at 14.2 per cent compared to...

Television TV Channels Regional
Bodhi Tree focusing on three verticals to scale up business

Over the top (OTT) services have given a big boost to production houses in the country  Bodhi Tree Multimedia, started by Mautik Tolia and Sukesh Motwani five years ago, only concentrated on general entertainment programs on TV initially. Following the change in the overall entertainment industry,...

Television Production House Fiction
Mumbai Team franchisee owner unable to meet financial obligations towards Zee Maharashtra Kushti Dangal

Mr. Pranav Rajesh Dake, owner of Zee Maharashtra Kushti Dangal’s Mumbai team – Mumbai Astra has regrettably been unable to meet the financial obligations towards Zee Maharashtra Kushti Dangal (ZMKD), its players and technicians.

Television TV Channels Viewership
Zee TV gets ratings boost from Zee Rishtey Awards

Zee TV's recently concluded annual awards property, Zee Rishtey Awards, clocked the highest viewership ratings across award shows that took place in the last two years. As per the recently released BARC HSM weekly data (Urban + Rural) for the week 44 '18, it secured a viewership of 5495 TVTs, which...

Television TV Channels Viewership
No changes in Kannada, Marathi segments in BARC data week 44

In the Bengali space, Colors Bangla and Sony Aath swapped their fourth and fifth positions in BARC data week 44. News18 Bihar Jharkhand emerged as the new player in the market by securing fifth position. No changes were observed in the Kannada and Marathi segments.

Television TV Channels Viewership

Launched on November 19, 2014, EPIC celebrates the completion of four years on air, in which it has set aspirational benchmarks for Indian TV content.

Television TV Channels Music and Youth
Celebrating 100 years of Bengali cinema, Viacom18 and Film Heritage Foundation bring the 4th Film Preservation & Restoration Workshop to Kolkata

In line with the centenary celebration of the Bengali Film Industry, and with a purpose to encourage and give an impetus to film preservation and restoration, the 4th edition of Film Preservation & Restoration Workshop India (FPRWI) 2018 was today inaugurated at Kolkata’s Rabindra Sadan.

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories