Meltdown blues

Ashish Mitra Posted: Oct 31, 2008 at 1122 hrs IST

Global recession is taking its toll on Bollywood, too...

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Several projects, which were being eyed with enthusiasm till a month ago, aren’t being discussed anymore. Even corporates aren’t in a mood to sign actors or start fresh projects for some time at least. Mehra however disagrees, “All this will vary from entity to entity. Viewers will not come in large numbers to see a film. A pall of gloom will soon set in that will effect the whole industry. No new film announcements, no distribution deals and no signing of actors is likely to happen for some time at least. God only will help us out of the situation.”

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