Demonetisation, piracy result in average box office for Bollywood

Mumbai, Dec 29 (IANS) Only eight out of the approximately 230 Hindi films released in 2016 surpassed the glorified Rs 100 crore ($14.5 million) club in India, giving the industry only an average tally of around Rs 2,700 crore, according to industry insiders. This, in a year when the central government's demonetisation move in early November disturbed the projected earnings for some movies, when piracy ate into some films' business and when some producers got into a tussle with the Central Board of Film Certification (CBFC). Barring Shah Rukh Khan, whose "Fan" did not prove to be like most of the superstar's box office wonders, Bollywood's other A-listers, including Salman Khan, Aamir Khan and Akshay Kumar, had a bright year with their films raking in the moolah and making it to the Rs 100 crore club.
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Demonetisation, piracy result in average box office for Bollywood
Bollywood Entertainment

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