Hollywood, Bollywood ink deal on films

2010-11-11 09:28

New Delhi, India – The world’s two leading film industries have announced an agreement to strengthen joint productions and commercial cooperation, a press release said today.

Between them, the US and Indian film industries – Hollywood and Bollywood – produce most of the world’s commercial cinema.

The pact between the city of Los Angeles – home to Hollywood – and the Indian film industry represented by the Film and Television Producers Guild of India and Film Federation of India was signed at the Paramount Pictures Studios, a statement issued by the Motion Picture Association of America said.

Hollywood and Bollywood “agree to develop and strengthen motion picture production, distribution, technology, content protection and commercial cooperation between the two film-making communities,” the statement read.

The two sides also aim at creating a joint film council to encourage Indian film production in Los Angeles.

“India has always held a fascination for Hollywood and this agreement pulls us closer together with the aim of sharing ideas and best practices on domestic and international film production,” said producer Bobby Bedi, who represented the Indian delegation.

He said Indian film makers looked forward to working with their counterparts to increase Indian productions in the US.

Los Angeles mayor Antonio Villaraigosa said Hindi movies like My Name is Khan and Kites had been filmed in the city and hoped more would be made.

This is the second major step toward economic development and cooperation between Hollywood and the Indian film industry this year.

In March, the two industries came together and pledged to crack down on movie piracy.

Over recent years, studios and production houses from the two industries have collaborated in a number of joint ventures and co-productions.

Indian investment in Hollywood has meanwhile steadily increased. India’s entertainment conglomerate Reliance ADA Group and director Steven Spielberg entered a film-making deal in 2008.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.