Omkara: Record offers

By: Taran Adarsh, IndiaFM

Tuesday, June 27, 2006

With Fanaa, Phir Hera Pheri and Krrish proving major money spinners at the box-office, the business of Hindi films is suddenly looking up. The best part is that the distribution fraternity, which was feeling rundown thanks to a spate of flops, has got a fresh lease of life. Several distributors are now ready to jump in the fray and acquire films for extra-ordinary terms, looking at the big boom in the industry.

One film that is being eyed by distributors is Vishal Bhardwaj's adaptation of Shakespeare's 'Othello', Omkara. Reportedly, Omkara producer Kumar Mangat has received an offer of 5 + for Mumbai and 4 + for Delhi-U.P. and Punjab circuits. "Yes, I already have an offer for 5.5 for Mumbai and 4.31 for Delhi-U.P. and Punjab. The movie is indeed hot," he agrees.

With the Overseas territory getting bigger and better with each passing week, Jaanemann fetching an extra-ordinary price for Mumbai and Omkara also getting incredible offers, the day is not far when a producer would be able to able to recover a major chunk of his investment from Overseas, Mumbai and Delhi-U.P. territories itself.