SALAAM-E-ISHQ
GROSSES OVER $11 MILLION ON OPENING
(29 January 2007)
Eros
International's latest Bollywood film Salaam-E-Ishq, which was
released worldwide on January 25th on 1200 screens, has become
a runaway box office success grossing over $11 million on its
opening weekend. In the UK, the box office takings up to Sunday
exceeded that of Adlabs's 'Krishh' and 'Guru' as well as UTV's
'Rang De Basanti' and 'Don' for the same period.
With
over 3.1 billion tickets being sold in India every year and the
accelerated growth in multiplex cinemas which are driving ticket
prices up, Bollywood is well and truly sustaining its 21% CAGR
growth. As part of its strategy, Eros is taking a larger slice
of the Indian box office and has set up its own distribution offices
in Mumbai and Delhi.
In
line with Eros's strategy to broaden the audience for Bollywood
films beyond the expatriate community, Salaam-E-Ishq was released
with local language subtitles in markets like Germany, Belgium
and Holland through mainstream multiplex chains.
Sunil
Lulla, Director and President India, Eros International Plc said:
"We are delighted with the audience response to Salaam-E-Ishq.
Our strategy is a combination of leveraging our distribution network
and marketing muscle globally and looking for opportunities to
open new markets. We remain focused on this core thread of our
business and are excited about our release pipeline".
After
the success of Omkara and Salaam-e-Ishq, Eros's global release
pipeline up to March 2007 includes Vidhu Vinod Chopra's 'Eklavya',
Vipul Shah's 'Namastey London', Amitabh Bachchan starrer 'Cheeni
Kum' and Aishwarya Rai's 'Provoked'.
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