The blind item below is from Rajeev Masand. It seems that times are hard these days. A lot of production companies are finding it hard to stay afloat. Some of these production houses have been around for a long time. Sure, they are responsible for making bad or cheap movies or even for taking the audience for granted. But the thing is, when production houses close down, a lot of people go out of a job. Anyways, just check out the blind item below.
Bollywood Blind Item
End of Good Times
The buzz in film circles is that the head of what was until recently a big production outfit is so determined to cut back on”even wrap up”all film production ventures that she’s slashed the fees of the director and actors working on her current project. This film could well be the last one coming out of the once-active studio, which will likely focus strictly on television projects from now on.
Major box-office failures, a loss of faith in her CEO, and the overall fickle nature of the film business have reportedly caused this change of heart for the boss lady who used to have a reputation for taking on risky projects. The new film, a potentially exciting project, is more than halfway into production, but the studio chief has asked that budgets be scaled back. It was too late to cancel a foreign shooting schedule that had been planned, but the director and his leading man have been known to take a pay cut in order to keep the landing cost of the film reasonable.
Crew members have been noticing significant changes on the set, including the deteriorating quality of unit meals and frugal spending on day-to- day shoot requirements. The pressure is on and the message is clear. The studio won’t survive another failure.