Fullerton Fund Management Co., owned by Singapore’s Temasek Holdings Pte, bought a stake in Indian film distributor Eros International Plc, gaining a foothold in the local movie industry known as Bollywood.
Australia’s film industry needs tax rebates to remain competitive as the nation’s remoteness and strong currency discourage big budget foreign productions, said Baz Luhrmann, director of “The Great Gatsby.”
George Lucas talks about the impact of digital technology on filmaking and the outlook for the movie industry with Bloomberg Television special correspondent Willow Bay at the Milken Institute 2012 Global Conference in Los Angeles. They speak on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
PVR Ltd., an Indian cinema hall chain that bought a local rival last month, predicts an annual 30 percent jump in sales over the next few years as it expands in a country that has the world’s most prolific movie industry.
Brazil’s movie industry is breaking records after “Tropa de Elite 2” lured 10.8 million people to theaters for a fictional account of corruption and violence in Rio de Janeiro just as the government invaded slums to fend off drug traffickers.
Cantor Fitzgerald LP gained U.S. approval for a box-office futures market, the second trading proposal cleared amid objections from Hollywood movie studios that said the exchanges may lead to manipulation.