| MUMBAI: Film entertainment
business will see a wider revenue spread across its segments with faster growth
coming from home video and overseas box office collections. The home video segment
is expected to grow from Rs 4 billion to Rs 21 billion as the price of VCDs and
DVDs fall, according to a FICCI-PricewaterhouseCoopers report. The home video
households is also expected to increase from 3 million to about 13 million by
2010. Though domestic office
collections is slated to go up from Rs 53 billion to Rs 102 billion in 2010, it
is projected to lose its share from 78 per cent to 67 per cent with the film entertainment
business growing from its current size of Rs 68 billion to Rs 153 billion.
Multiplexes are also going to increase and will help increase the average
price of a movie ticket. Digital technology will also induce growth in the film
industry, the report said. |