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Hollywood enchants Indian market, RDB grosses abroad

By Pooja Jain & Sairaj Iyer Last Friday, the opening collections at the box office for many releases was very gloomy. The only film that garnered huge collections was Hollywood’s Independence Day: Resurgence. The science fiction collected whopping Rs.4.70 crore. It easily left behind Anurag Kashyap’s thriller flick Raman Raghav 2.0, which managed to collect to Rs.1.10 crore on opening day. Meanwhile, Amitabh Bachchan starrer ‘TE3N,’ which was crushed by Hollywood’s Conjuring due to same day release, earned Rs.17.79 crore, while Conjuring managed to mint Rs.53.78 crore in India. The trends have changed; Hollywood has got more to offer to the Indian market. In 2005-06, Hollywood’s share at the Box office was 5%, whereas dependency on Bollywood flicks was 85%. However, since 2015, the ...