IIFA awards follow Indian films to Canada
Canadian cinemas, cable a big export market for movies from India
India's film awards are coming to Canada in June, following a well-worn path for the films they celebrate.
About 100 Indian films are screened in commercial cinemas in Canada each year. On television, one company, Asian Television Network, owns "several Bollywood movie channels with 800 movies a month."
Some of those films will almost certainly be winners when the International Indian Film Academy (IIFA) awards take place in Toronto from June 23 to 25. It will be the first time the ceremonies have been held in North America.
Indian films in Canadian cinemas
The first Indian cinema in North America opened in Toronto in 1969. More such cinemas followed over the following two decades, usually owned by Indian entrepreneurs. With the rise of the home video and DVD markets, numbers declined, with only about four still operating in Canada. Over the last decade Indian films have moved to the mainstream cinemas.
Kyle Moffatt of Cineplex Entertainment, the largest movie exhibitor in Canada, told CBC News the company treats the Indian films it screens "the same way as Hollywood blockbusters."
The blockbusters usually get released in Canada around the same time as in India. Two of the top five North American screens for Indian films are in Canada, according to Cineplex's Moffatt. Indian blockbusters are usually sellouts when they begin their runs in Canada, he says.
"The community absolutely loves" being able to see the same films when they hear about them from their relatives back home, Moffatt said.
Ken Naz, the North American president of film distribution company Eros International, estimates that about 100 South Asian films receive a theatrical release in Canada in an average year, and about 40 of those would be Bollywood films. For the Indian film industry, Naz said, a production is designated Bollywood if it's "a commercial movie geared to a commercial cinema."
Bollywood on television
The last couple years have been good ones for ATN shareholders. The stock price is five times higher than it was in February 2009.
After the ATN channels, the next best source for Indian movies on Canadian television are the movies-on-demand services from Rogers and Bell.
For Eros, the largest international distributor of Indian films, the DVD and video markets do not provide a significant revenue stream. Ken Naz told CBC News that pirated versions pose a big problem for the industry. Legitimate copies of DVDs can be purchased at Wal-Mart and many Indian stores in Canada.
Naz also said that Netflix has become big for Eros in the U.S. and expects the same for Canada as Netflix expands here.
North America important market
Naz used to live in Toronto but now heads Eros's North American operations from New Jersey. He estimates that Eros handles 40 to 70 per cent of Indian film distribution both worldwide and in Canada.
He likes to point out that ticket sales worldwide for films produced in India exceed the number for Hollywood films. He also notes that while about 1,000 films are produced in India every year, only about a third have a chance of getting a theatrical release.
While not much by Hollywood standards, the movie was shown only on a handful of screens, which makes its box office impressive in Naz's view.
The film, a comedy in Hindi, is about three engineering students who become friends when they share a dorm room.