2012: The Year Of Content?

2011 was a year that saw Bollywood box office thrive like never before. New records were set, new benchmarks created. However, a large part of this growth came from the ‘opening weekend’ phenomenon. Very few films sustained beyond the first week to emerge as true content-driven hits. The year was more about star power and hype, than about ‘cinema’ itself.

I know it has bothered many that while the industry  recorded its best business by far in 2011 (about 25-30% higher than 2010), there were only 2-3 films in the year that are likely to survive the test of time.

The good news is that 2012 has already broken the trend that was dangerously becoming the norm. The chart below tells its own story. The films is red were the top 10 films of 2011 on Word Of Mouth (WOM). The score represents % viewers who felt they will strongly recommend the film to their friends. While one can question public taste, these score are still a better representation of content feedback than the box office numbers, because a film’s WOM score is not influenced by its opening weekend performance at all.

In blue, you see the three films from 2012 that have made it to the combined top 10 list of the two years. It’s been less than three months and the ‘best’ film of 2011 has already been topped by Kahaani. Paan Singh Tomar is in the top 3, while the more star-driven Agneepath is at joint no. 4.

If this trend continues, 2012 may wipe out 2011 by the time we reach mid-year. In any case, the weekend business continues to grow, reaching higher levels with each passing month. Are we in a year that will see a further 25-30% growth in business, as well as a few solid, content-based success stories?

Seems like it. Touch wood!

PS: Data is still being collected on Kahaani and Paan Singh Tomar, and the eventual WOM scores may vary slightly from the ones above.

Advertisements

About Shailesh Kapoor

Founder & CEO - Ormax Media. Film Lover. Media Insights Detective. Budding Author. Lifelong Student.
This entry was posted in Films and tagged , , , , , , . Bookmark the permalink.

One Response to 2012: The Year Of Content?

  1. Shreyash says:

    To add to the content driven cinema has been Vicky Donor and Hate Story, both having done roaring business, thanks to beautifully designed digital campaigns and WOM due to quality content. 2012 shall definitely be a year that shall change the way the business of the industry is percieved. With more content driven, low budget, minus star films lined up for the year (Gangs of Wasseypur 1 & 2, Lootera, Special Chabbis). The biggest morale booster will be the re-entry of independent producers willing to back talented newcomers and thus the studio’s will have to rely a lot on content acquisition and distribution. This by no ways mean a threat to the larger than life cinema, helmed by the A-list superstars but definitely is a boom for the industry in a big way with ROI improving considerably.
    What remains to be seen is the fact that how much is an average movie-goer ready to absorb both mentally and financially. As a cinema experience is an expensive affair, it is important for multiplexes to show some support, to help content-driven films thrive.

    (P.S :- The above mentioned piece is an expression of my opinion based on my theoretical understanding of the industry.)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s