First Snoop Dogg, Now Sylvester Stallone – Everyone Is Getting Aboard The Bolly-Holly Train

Editor’s Note: We would like to thank Mr. Raj Mundhe, a noted Financial Advisor in Boston and another reader for bringing this article to our attention.


Alexandra Alter of the Wall Street Journal has written a detailed article about the drive to create a new genre of movies by Hollywood and the Indian Film Industry (Bollywood and Tollywood – after the Tamil-Telugu Film Industry). We urge interested readers to read this informative article –

We provide below a few excerpts from this article: online.wsj.com/article/SB123388073419754829.html



  • “Money stars and scripts are flowing in both directions, giving rise to a new genre of crossover cinema. Among the projects in development: Screenwriter Paul Schrader, famous for such films as “Taxi Driver” and “Raging Bull,” is working on a thriller with an Indian producer. Sylvester Stallone will appear in “Kambakkht Ishq,” or “Incredible Love,” an action-filled comedy shot in Los Angeles and starring Akshay Kumar.”


  • “The new movie style is not being led by the West. It blends Indian themes and story lines with American cinematic styles. Some of the collaborations send American talent to work in Mumbai; others bring Indian producers, directors and actors to the U.S., and the resulting movies cover a range of styles from animation to action.”


  • “Before collaborating with the Indian film industry, American production companies went after Indian audiences by making their own Bollywood films in recent years. Sony Pictures released “Saawariya” in India in 2007. Sony is producing, co-financing or acquiring at least six other Indian films for 2009, says Deb Schindler, president of Sony’s international division.”


  • “20th Century Fox set up a joint venture, Fox Star Studios India, in Mumbai last September, and signed famed filmmaker Vipul Shah to a multi-picture deal. Walt Disney released its first Bollywood animated feature, a joint production with Yash Raj Films, last fall, and is currently developing four films, including two live-action movies.”

Editor’s Note: We have written extensively on this topic. Below are two of our popular articles:


 

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