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Ram Gopal Verma in Joint Venture

          NEW DELHI: With the houses of Tatas and Birlas as well as some other industrial groups having made public their plans to enter the entertainment business, the film industry is witnessing a major phase of corporatisation. Following this trend, K Sera Sera Productions Ltd, a new NRI-promoted entertainment software company, has announced the setting up of a joint venture with one of the most prominent Indian film-makers, Ram Gopal Verma Corporation.

          Commenting on this development, Verma said, "My intention is that I want to have partnership with people who have same kind of belief and courage which is needed to make something different and someone to back me up completely on that basis. So we are intending to do concept-oriented movies. Hard-hitting movies without the safety net of the so-called mainstream conventional thinking."

           The announcement was made in a mega press conference. Ash Pamani, chairman of K Sera Sera, looked confident about the enterprise. He said, "In Ram Gopal Verma, we saw the extreme professionalism of his young creative team and we were highly impressed with the quality of his production. It was just a puzzle coming together where he provided the creativity of his production along with the creativity of our marketing and exposure to the global markets which made this deal happen."

           One of the pioneers of commercially successful parallel cinema, Verma has maintained a consistent knack for delivering some of the most original and refreshing films generated by the world's most prolific film industry. After 'Satya', films like 'Kaun', 'Company' and 'Road' from the Varma banner have kept the beacon burning, pointing the way for other budding film-makers who would have never attempted to step off the beaten path but for the success Verma achieved.

           Although it would be too much to claim that the new breed of middle of the line film-makers got inspired only by Varma, he does remain one of the most respected film-makers in the industry today. What matters, however, is that it is the success of personalities like him that sends out positive signals in an industry that is known to churn out masala films by the dozen every month.

          His new venture with K Sera Sera Productions Ltd is initially meant for the joint production of four Hindi feature films. Several more projects would be announced later. The four films are: 'Darna Mana Hai', 'Daya', 'Chala Vinod Tiwari Film Banane', and 'Nimmi'. 'Darna Mana Hai' is scheduled to be released in April 2003 and is already 50 per cent complete. The film has a top rated star cast comprising Nana Patekar, Vivek Oberoi, Shilpa Shetty, Antara Mali, Saif Ali Khan, Aftab Shivdasani, Sohil Khan, Sanjay Kapoor and Isha Kopikkar.

           Even the industry insiders are going ga-ga over the move, calling it as a path-breaking one. A noted film analyst said, "It's a path-breaking thing because what happens is that when you have investors, corporates and NRI's wanting to fund films, that itself is a positive sign. We have always been saying that outside fund, funds from cleaner sources, should come in and if it comes in and people like Ram Gopal Varma take the initiative to announcing films with corporate houses and financial institutions, well, this becomes a trend. It definitely gives birth to a trend because in this process other producers also stand to gain."

           The recent popularity of films like 'Monsoon Wedding', 'Bend It Like Beckham', 'Let's Talk', 'Mr and Mrs Iyer' and a score of other movies is indeed encouraging, pointing to a maturing audience and film-makers who have a mind of their own. But the K Sera Sera Production Ltd is well aware of the uncertainty involved in the business of film-making. Keeping this in mind, the company is also entering into tele-films to de-risk the business model. The company also plans to produce tele-serials.

           But with the entry of corporate sector and the NRI money flowing in, what everyone would be looking forward to is improving the success rate and bringing down the number of failures to as low a level as possible, as the last couple of years have been the worst ever that the industry has faced.

January 20,  2003

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