The trade must be pretty excited with the box-office results of Housefull and Badmaash Company but the losses that accrued to the industry, before these two successful films were released, present a very grim picture. In the first four months of 2010 – from January 1 to April 30 – a total of 71 films were released. Of these, the only genuine success story was Housefull. All the remaining 70 films either lost money (heavily or otherwise) or were barely able to break even. Believe it or not but the industry suffered a loss of around Rs. 200 crore in the first four months of the year.
If this astronomical figure is compared with the profit the producers of Housefull and Badmaash Company (released in May) would make, the picture continues to remain grim. For, the total net profit in the two films will not be more than Rs. 25 crore on the higher side. That means, the industry is still in the red by approximately Rs. 175 crore!
