Tuesday, December 23, 2003

Reuters | Latest Financial News / Full News Coverage

Reuters | Latest Financial News / Full News Coverage: "BANGALORE (Reuters) - India's film makers are offering Internet movie downloads on web site Kazaa in a move that could lower costs and boost revenues in Bollywood, the world's most prolific film production centre.
Some 35 producers will be able to sell movies using Kazaa, a file-sharing program owned by Australia's Sharman Networks, according to company statement.

'In a distribution deal struck between Sharman's partner Altnet... and IndiaFM.com, one of the most popular Bollywood entertainment sites, Kazaa's estimated 60 million global users will gain access to previously unavailable content,' the statement said."

And while Hollywood continues to advocate the suing and arrest of downloaders, Bollywood will grab massive amounts of converts by treating them like the mostly honest people they are.

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