MediaFile

Bollywood to plagiarism: Bye bye?

Filmmakers in Bollywood, India’s movie industry, are notorious for borrowing liberally from foreign films far and wide, especially Hollywood.

Even when they don’t copy an entire film frame by frame, Bollywood directors often borrow from several films at once, melding story lines and adapting them to an Indian setting, complete with song and dance. They do this, of course, without buying the remaking rights. Despite a lot of original cinema coming out of Bollywood, plagiarism is rife.

Hollywood hasn’t cared until now, The Washington Post’s Emily Wax reports. Twentieth Century Fox recently settled a lawsuit with BR Films — a well-known banner — over its remake of the 1992 hit “My Cousin Vinny.” Fox accepted $200,000, paving the way for a release of the Hindi version, called “Banda Yeh Bindaas Hai” or “This Guy is Fearless”.

The Times of London has reported that a lawyer representing major American studios has recently sent warning letters to producers who he believes are copying Hollywood films. Among the titles are “Ghostbusters”, “Jerry Maguire”, “The Departed” and “The Curious Case of Benjamin Button”, the paper reports.

Will Fox’s action finally put a stop to the widespread plagiarism in Bollywood? More likely, Bollywood producers will just have to cough up the money to buy remaking rights, which is how it should be.

MGM to remain independent no longer?

What’s going to happen to MGM?

On Tuesday, the Hollywood studio announced it was replacing its chief executive Harry Sloan with a team that includes a turnaround expert. It’s a well-known fact that MGM, which is owned by private equity firms and Comcast, has struggled with a massive debt load. It has payments due on $3.7 billion of debt and the future isn’t looking too good, given the down market and shrinking DVD demand.

Media and entertainment industry analysts believe MGM won’t last much longer as an independent studio, according to a story in the Los Angeles Times:

Most industry watchers believe that MGM will not survive much longer as an independent studio and is likely to be sold to a bigger media company such as Time Warner Inc. or merged with another movie and TV studio like Lions Gate Entertainment Corp. Qualia Capital, a private investment firm headed by Amir Malin and Ken Schapiro, is actively looking at MGM, said a person with knowledge of the situation.

Marvel’s Hollywood Summer

iron-man-downey.jpgMarvel Entertainment Inc executives and investors heaved a sigh of relief after “Iron Man” smashed box office records in its opening weekend.

The movie about a billionaire industrialist turned super hero was the tenth biggest weekend box office performance of all time and the second biggest non-sequel. The expectations had been building up. The stock kept climbing steadily from the start of the year to hit a 52-week high on Friday.

“Iron Man” won the praise of critics — It has a 94 percent fresh rating on RottenTomatoes.com, which has taken a consensus of 163 reviews. The movie critic website says that Iron Man is the best-reviewed movie of 2008 so far.