Piyush Soni Assistant Professor Atmiya Institute of Technology &Science MBA, Rajkot
Introduction
Will he be the King Again?
Shahrukh Khan desperately needs Ra.One to do well to reaffirm his hold on Bollywood!!!
SRK is leaving no pixel unturned in what is probably India's biggest digital media campaign. The official site is the first Bollywood movie site ranks at 3558 in Alexa rankings (amongst the 5000 most visited sites in India).
Endorsements Press Briefings Gaming Events TV Show Appearance Interview with Electronics Media
MySpace: 54 friend
Why ?
200 Crores of Investment He hasnt had a single release in the last year & half
Problem in Success
Wedding Season & Diwali Vacations
Strategy If the films doesnt pull through, then the wedding season is round the corner & I can go & dance in few weddings to earn back the reminder.
SRKs Image
Brand Icon of IIPM Less actor & more Businessman IPL Knight Riders Last worst TV reality shows Zor ka Jhatka
Investment
Produced by Eros Entertainment
Rs.150 Crore on Production Rs.50 Crore on Marketing
Recovery
Satellite Rights to Star TV Rs. 35 Crore Music Rights to T serires Rs.15 Crore Digital Media Rights Pay Per View Rs. 10 Crore Almost 70 to 80 percent of the cost will be recoverd from pre - licensed content before the film hits the theater. The rest of the money needs come through ticket sales.
Releasing Strategy
Eros doesnt want to take any chance. Released in 3000 screens across India Also in 3d in 300 Screens Release in 400 screens globally like far east , European, Latin American countries, Germany, 30 screen in Taiwan & 100 screens in Korea.
Competitive Advantage
SRKs magic really worked abroad. In overseas collections, in fact SRK is miles ahead of both Aamir & Salman. For MYNK,SRK awarded the order of Arts & Literature by the French Government for his exceptional career. He was conferred the honorific Dautak by the Malysian Government in 2008 for promoting tourism in Malacca. The university of Bedfordshire in Britain gave him an honoraray degree in arts & Culture His statue can be found at Madame Tussauds, London, Paris, Honkong, New York. The film has over 3,500 shots, which is even higher than Avatar (2,700 shots) and Rajnikanths Robot (2,100 shots). It has used a crew of over 5,000 from India, Italy and the US for this. Money is important, and lets not try to lose money. But you should not sacrifice quality for profit. Ra.One is a calling card for technology, says SRK.
Conclusion
But the bottom-line is, will the film make money? Every film has its own space. With so many movies crossing Rs 100 crore (in collections) within the first few days, I understand that the business has grown and such returns do exist, says SRK. Around Christmas will release his next film, Don 2, which has also been made on a budget of Rs 150 crore. The two films account for one-fifth of Bollywoods annual production cost. For Bollywoods sake, SRK just cant afford a flop
Bibliography
Business Standard Weekend issue 08th October,2011 Yahoo Life
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