Hmmm…So Six months. One hundred and seventeen releases. Eight hits. One hundred and nine flops. According to the trade magazine Film Information, the industry has lost about Rs 110 crores (approximately US $23 million) in 109 of the 117 films released in 2003.
Bollywood has been going bonkers since last 2 years and this is the pinnacle to that. Last year was worse with a total loss of 240 crores. This year it is status quo. Until someone can stop releasing bollywood flicks, think for a minute, re-organize, re-vitalize and re-view the bollywood films before they are released, only god can save them.
Read more from rediff here. Need I say more. They say I am more biased on Kollywood. Am I?