Block 'Busted': India's Bollywood Faces Horror Show at Box Office

India's Bollywood film industry is facing its biggest-ever crisis as streaming services and non-Hindi language rivals steal its sparkle Punit PARANJPE AFP
India's Bollywood film industry is facing its biggest-ever crisis as streaming services and non-Hindi language rivals steal its sparkle Punit PARANJPE AFP
TT

Block 'Busted': India's Bollywood Faces Horror Show at Box Office

India's Bollywood film industry is facing its biggest-ever crisis as streaming services and non-Hindi language rivals steal its sparkle Punit PARANJPE AFP
India's Bollywood film industry is facing its biggest-ever crisis as streaming services and non-Hindi language rivals steal its sparkle Punit PARANJPE AFP

India's Bollywood film industry, long part of the cultural fabric of the movie-mad country of 1.4 billion people, is facing its biggest-ever crisis as streaming services and non-Hindi language rivals steal its sparkle.

The South Asian giant churns out on average around 1,600 films each year, more than any other country, traditionally headlined by glitzy Bollywood, with fans worshipping movie stars like gods and crowds thronging premieres.

But now cinemas have fallen quiet, even in Bollywood's nerve center of Mumbai, with box-office receipts plunging since Covid curbs were lifted, AFP said.

"This is the worst crisis ever faced," veteran Mumbai theatre owner Manoj Desai told AFP. Some screenings were cancelled as the "public was not there".

The usually bankable megastar Akshay Kumar had three back-to-back films tank. Fellow A-lister Aamir Khan, the face of some of India's most successful films, failed to entice audiences with the "Forrest Gump" remake "Laal Singh Chaddha".

Of the more than 50 Bollywood films released in the past year -- fewer than normal because of the pandemic -- just one-fifth have met or surpassed revenue targets, said media analyst Karan Taurani of Elara Capital. Pre-pandemic it was 50 percent.

In contrast, several Telugu-language aka Tollywood movies -- a south Indian competitor to Hindi-language Bollywood -- have soared to the top.

Embarrassingly, around half the box-office takings for Hindi-language films from January 2021 to August this year were dubbed southern offerings, said State Bank of India's chief economic adviser Soumya Kanti Ghosh in a recent report.

"Bollywood, after decades of storytelling... seems to be at an inflection point unlike any other disruption it has faced before," Ghosh wrote.

- 'Out-of-touch' -
Bollywood, like other movie industries, has been hurt by streaming's rise, which started before the pandemic but took off when millions of Indians were forced indoors.

Around half of India's population has access to the internet and streaming services, including international players such as Netflix, Amazon Prime and Disney+ Hotstar have 96 million subscriptions, according to a government estimate.

Some films released during the Covid shutdown went straight to these platforms, while others hit small screens just weeks after debuting in theatres.

With streaming monthly subscriptions lower or comparable to the cost of one ticket -- 100-200 rupees ($1.20-$2.50) at single-screen cinemas and higher at multiplexes -- price-sensitive audiences were avoiding theatres, analysts said.

Times have been so hard that INOX and PVR, two of India's biggest multiplex operators, announced their merger in March to "create scale".

Subscribers were meanwhile exposed to local and global streaming content, including southern Telugu, Tamil, Malayalam and Kannada-language films that already had legions of devoted local fans.

"Regional cinema was not travelling beyond its borders. But now suddenly everyone was watching Malayalam cinema or Maharashtrian cinema and then you realize that... there are filmmakers who are telling more interesting stories," film critic Raja Sen said.

"Then they see a Hindi blockbuster coming out with a star which is just like a rethread of a story they've heard a million times, then they're not so impressed anymore."

Critics also accused Bollywood of making niche or elitist films that do not resonate in a country where 70 percent of the population lives outside cities.

Aamir Khan admitted during media interviews for "Laal Singh Chaddha" that Hindi filmmakers' "choice of what is relevant to them is perhaps not so relevant to a larger audience".

At the same time, Tollywood mega-smash hits "Pushpa: The Rise" and "RRR" highlighted the heroics of common people while treating audiences to larger-than-life visual spectacles with catchy song-and-dance routines.

Such formulas have long been a Bollywood mainstay but film critics say the southern challengers were doing it bigger and better.

"To get people to cinemas we need to create an experience for storytelling that cannot be replicated at home," multi-theatre operator and trade analyst Akshaye Rathi said.

"What we need to do is respect their time, money and effort. And whenever we do that, for a particular movie, they come out in big numbers."

- Wake-up call -
Ensuring box-office success by having a star as your protagonist was now no longer guaranteed, said Taurani, who described Bollywood's recent struggles as "alarming".

"I think audiences obviously want the star, but the audience wants the star to feature in a film which has got compelling content," he added.

Kumar -- nicknamed a "one-man industry" for being so prolific -- said he was going back to the drawing board.

"If my films are not working, it is our fault, it is my fault. I have to make the changes, I have to understand what the audience wants," the Indian Express reported Kumar as saying in August.

- Boycott -
Adding to Bollywood's woes have been repeated social media campaigns against certain films by Hindu right-wingers, including the "Forrest Gump" remake.

Most recently, there were calls for new release "Brahmastra" to be boycotted over star Ranbir Kapoor's beef-eating comments some years ago. Cows are considered sacred by Hindus.

But while creating unwelcome noise, analysts say there appeared to be no material impact on box-office returns. "Brahmastra" has in fact done well.

The real issue, movie-goers told AFP outside one cinema in Mumbai, was that many Bollywood films were simply not good enough.

"The story should be good (and) the content should be good, so that people want to watch," said student Preeti Sawant, 22.

"So that's why people are not coming to watch movies."



Music Streams Hit Nearly 5 Trillion in 2024. Women Pop Performers Lead the Charge in the US

Sabrina Carpenter appears at the Time100 Next event in New York on Oct. 9, 2024, left, Billie Eilish appears at the 66th annual Grammy Awards in Los Angeles on Feb. 4, 2024, center, and Taylor Swift appears at the MTV Video Music Awards in Elmont, N.Y., on Sept. 11, 2024. (AP Photo)
Sabrina Carpenter appears at the Time100 Next event in New York on Oct. 9, 2024, left, Billie Eilish appears at the 66th annual Grammy Awards in Los Angeles on Feb. 4, 2024, center, and Taylor Swift appears at the MTV Video Music Awards in Elmont, N.Y., on Sept. 11, 2024. (AP Photo)
TT

Music Streams Hit Nearly 5 Trillion in 2024. Women Pop Performers Lead the Charge in the US

Sabrina Carpenter appears at the Time100 Next event in New York on Oct. 9, 2024, left, Billie Eilish appears at the 66th annual Grammy Awards in Los Angeles on Feb. 4, 2024, center, and Taylor Swift appears at the MTV Video Music Awards in Elmont, N.Y., on Sept. 11, 2024. (AP Photo)
Sabrina Carpenter appears at the Time100 Next event in New York on Oct. 9, 2024, left, Billie Eilish appears at the 66th annual Grammy Awards in Los Angeles on Feb. 4, 2024, center, and Taylor Swift appears at the MTV Video Music Awards in Elmont, N.Y., on Sept. 11, 2024. (AP Photo)

More music, more listeners, no problems.

The global music industry hit 4.8 trillion streams in 2024, a new single-year record, Luminate’s 2024 Year-End Report found. That’s up 14% from 2023, which held the previous record.

If you streamed a lot more music in 2024 — and in particular, a lot of women pop performers — you are not alone.

In the US, on-demand audio streams grew at a rate of 6.4%, totaling 1.4 trillion.

Contemporary music is fueling the growth. The overwhelming majority of US plays – 79.5% — were from songs released in 2010 or later. Songs released between 2020 and 2024 accounted for nearly half of all streams.

And Taylor Swift, 2024's most-streamed songwriter worldwide, is only partially responsible.

Pop rules Midway through 2024, Luminate determined that Latin music had become the fastest growing streaming genre in the United States — up 15.1% from summer 2023 — followed by pop, rock and country.

A lot can change in half a year, because now pop leads, followed by rock and Latin.

“We saw some interesting trends within the US,” said Jaime Marconette, Luminate’s vice president of music insights and industry relations.

"Latin was the fastest-growing US streaming genre in the first half of the year based on growth of genre streaming share. However, due to a shift of streaming activity in the second half of the year, pop took the No. 1 spot ... Female solo artists led this surge in pop consumption, as streams of their music were responsible for nearly two-thirds of all audio streams amongst the top 100 pop artists in the US”

The shift is led by six women who dominated pop’s streams in the US:

1. Taylor Swift with 12.8 billion streams

2. Billie Eilish with 4.46 billion

3. Sabrina Carpenter with 3.71 billion

4. Ariana Grande with 3.12 billion

5. Olivia Rodrigo with 2.76 billion

6. Chappell Roan with 2.49 billion

That’s at least partially reflected in the top 10 global streaming songs as well:

1. Benson Boone’s “Beautiful Things”

2. Sabrina Carpenter’s “Espresso"

3. Billie Eilish’s “Birds of a Father"

4. Teddy Swims’ “Lose Control”

5. Lady Gaga and Bruno Mars,” “Die with a Smile"

6. FloyyMenor, “Gata Only”

7. Shaboozey, “A Bar Song (Tipsy)”

8. Hozier, “Too Sweet”

9. Taylor Swift, “Cruel Summer”

10. Sabrina Carpenter, “Please Please Please”

Regional Mexican music continues to grow Even if pop has replaced Latin music as the fastest growing streaming genre in the US, the music is not slowing down in popularity. In 2024, regional Mexican music overtook Latin pop as the largest Latin subgenre in the US.

“Latin still grew by both volume and its share of total US audio streaming during the course of 2024,” Marconette said. “When looking at Latin subgenre activity, Regional Mexican dominated in terms of growth.”

Regional Mexican music — a catchall term that encompasses mariachi, banda, corridos, norteño, sierreño and other genres — has become a global phenomenon over the last few years, topping music charts and reaching new audiences as it crosses borders.

The genre reached 28.57 billion streams in 2024, followed by Latin pop with 24.09 billion.

Rap and R&B are forever Pop rules, but just like 2023, when it comes to overall music streaming in the US, R&B and hip-hop still lead, accounting for more than one in every four streams stateside.

In 2024: Rap and R&B accounted for 341.63 billion on-demand audio streams, followed by rock with 234.22 billion, pop with 165.49 billion, country with 117.58 billion and Latin with 113.02 billion.